Member Info for Silkymoves

Course it has.. got to let the hedge funds sell their shorts quickly 😂🙊

People were on here saying this when it went down to 70s ,60s, 50s and now we have hit the 40s…

If they wanted to buy it they would have by now.. or even made an offer or shown interest. No one wants this in the state it is at the moment, unfortunately..

So you’re just going to blame short traders without even looking at buy action? You do realise if no one is buying the share price won’t increase, right?

As long as it’s only money you can afford to potentially lose then it’s your choice.. This isn’t going anywhere unless there’s a buy out. Huge loss of confidence over the years, too little too late now.

Surely it would make more sense to out those extra thousands you say you are spending on averaging down on McG into another company that will provide better returns? This is extremely risky now and I cannot understand why people are still risking more when they are down by thousands.. so many better investments out there.

Why on earth would you want to buy more?!

They aren’t at the percentage yet to make an offer as far as I’m aware? There is a reason there has been a huge delay, from my experience it’s never a good sign.. I think some are getting a bit too ahead of themselves on here and becoming emotionally involved..,

Nothing to do with MCG… this is not on the NASDAQ and if it was it wound be delisted for being too low. Comparing apples and oranges..

What makes you so confident they aren’t going bankrupt? Their balance sheet is hanging by a thread and they can’t even get their reports out on time..

Mary, there is no way you are still buying under these circumstances and after the last 12 months. Not unless you’re being paid to. I’m selling at 70. So many better opportunities out there and CEOs that respect their shareholders.

Wow, would the sale of bus company really take out majority of debt? I was only able to stomach snippets on update yesterday.. wasn’t expecting such a huge drop..

Jesus Christ Manz, you must be so lonely and bored. I only check in on here every so often and you’re always posting things you aren’t even invested in. I wouldn’t say it’s a healthy way to be for you mentally, I guess this is most likely your only form of interaction on a daily basis.

Hit 95 and still no director buys..

Is the webcast at 9?

Very true Mary, I opened a position when it hit 95 , a lot of stop losses triggered I reckon which hasn’t helped.

Hope the person who had opened a lot of buy positions yesterday on CFD had a stop loss? 🥴

Yes, you are right fish. Just always feels like it’s two steps forward and 10 back at the moment. Looking forward to the September dividend which will help in the short term.

Back under 100 we go….

There’s always been relatively poor coverage when it comes to this company..