Member Info for sparrowe

Expect a big bounce coming up

MM causing panic and making short sighted investors sell. This is cheap as chips right now

The beautiful thing about NMC for day traders like us is that it's volume is high enough to accommodate medium-sized buys and sells in the 10s of Ks with excellent margins, yet volatile enough for brilliant returns

Perfect timing more like. We bought in at 1304 (average between us). I dont see this going much lower, already severely oversold in the absence of news. It's as volatile as high market cap stocks can get right now, and this is the bottom of a natural curve

There might not be another opportunity like this again. I'm all in and so are all the mates

Here we go

Nice, because everything that goes against your viewpoint is wrong. WAKE UP rampers beware sharp decline today

Expect a sharp uptick today

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LOL I bet you regret saying that now. This is going to take a deep plunge down down down

Holy **** this is gonna blow with the FBI on board. Take down MW

Atleast 3 lots of 4mil shares sold so far today ..

I'm not holding but looks good to those who are

A lot of ramping going on here, bots going into overdrive.

Not sure why my last post was deleted by the mods or who would have reported me. Let me repeat.

This is a pump and dump. Nothing has changed about the company to justify the share price rise. I bought in at 65 knowing nothing about the company, and hey presto sold at 70.25. Buy at your own risk.

Surely still worth more than this though

No problem, be sure to buy in soon

Good question:

If you look at the response to each of the RNSs released over the past month, the first few had fantastic responses whilst the remainder fizzled out rapidly, ending in barely a response at all to the release of the final drill results with subsequent decline in SP.

Why?
1. An expectation for positive drill results was already factored in to the SP from the initial rises.
2. As we approached the final drill results, the reality that, as you say, these results wouldn't materialise into profitable extraction for some time, sunk in for investors.
3. People became more acutely aware that each RNS would result in only a temporary boost to the SP, and keen to offload their shares during these peaks.
4. Selling pressure from the warrants.

This resulted in lackluster reactions to the most recent RNSs.

The situation we are in now is different.

1. The selling pressure from warrants is easing off. The point at which warrants are profitable to churn is 1.1-1.2p, hence the stagnation at this SP, but as the last are churned this barrier will be lifted.
2. This will hit a tipping point where the SP can realise its actual value of 2+ pence.
3 The remaining people invested are mostly medium to longer term holders rather than day traders looking for a quick profit.

As I have previously mentioned, a good RNS is the required catalyst for this to catapult up 50+%. We cant predict when this will come out, but this is unlikely to drop below 0.95p at the minimum, so now is the ideal time to buy in.

nice generalisation thai, I've yet to meet someone who does nothing but short