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istock thanks
That's completely put my mind at rest, phew and there I was thinking we were in trouble.
Are you JonesRichard under a new username. You should get together with him over a beer. He is a significant holder who reckons its great every time the price drops.
Same here, somethings going on which is causing the price to sell, and its not bots, MMs, Russians, Chinese, Trump, or people frantically "hoovering up shares to build a stake" (this last one is definitely the best - the price crashes and it can only be because someone is out there buying every share available).
What gets me is the fact that someone is out there selling this on the basis of known information and getting away with it. I just find that disgraceful.
How do you work that out? Really, just how do you come to that conclusion?
Why is it that whenever the share price tanks you can rely on people on this board to come to the conclusion that it is great news - come Jacksdad, tell us categorically why your analysis is right. And if you cant you should stop posting nonsense.
You have to love this board. Full credit to some of the people on here. I could not dream it up. I've followed this board all the way down from 30p to 3p and there are still some people saying that this is about to bounce, buyers hoovering up shares, RNS next week. No doubt if it were in admin now there would be people on here saying we will get back to 20p in 12 months and the admin would be reversed.
Still holding, but not because of this stuff.
Spot on this time PAAA.
He will be fighting with everything he has. And you are right about the article headline being misleading.
Have to say that I dont think he will be paying the slightest attention to what is being said by PIs, certainly not here. Put it this way, if he is looking at this bulletin board we really are cooked.
It's just the last tree shake
That poor old tree has taken some battering.
KOH we will be put out of our misery soon. And a blessed relief it will be too. Then the investigation begins. Oh sorry no it doesn't.
Isn't it great that we always know somethings happened so quickly. From a leak. Should be investigated. Where are all the rampers at the moment to cheer us up.
What a shambles
And so we face the final curtain
Well done OR
Personally I am sticking with it and seeing if it can turn around to something more stable and then I can forget about it for 5 yrs. I respect your decision though. I agree with Fred, I doubt very much we will hear any news for a while. I guess if they do announce something it will be to say they are "in talks" to move the price up so they can cut a deal at a sensible price with a strategic partner. The risk of course is that talks stall, it leaks, the share price tanks and then suspension because there isn't much left until you hit the bottom.
If you are willing to stick in then the news should see a spike if it comes.
For me, as I've said before. There is hope and I am sticking not twisting but OR I have felt like you before that I just sick of it and want out - that was at 8p though. Now its down to 4p I have written the lot off and if we can get it back to something over the years (which I think is possible) then its worth a shot.
Sorry for rambles
Cherokee - thanks for the explanation
You busted me. I don't work in the City. I sweep the streets of the West End.
Ha ffc :)
Well tuckup, someone has to sweep up all the SXX share certs that we are all are throwing away....
Sorry everyone, I am just having a negative day. We really need it to edge into the green.
I am still sticking not twisting, but I find the nonsense wild optimism and pessimism and conspiracy on here tiresome.
And I guess I am marginally more influenced by the pessimism now, given that we had lots of that over the summer that we dismissed and it turned out to be true - could have gone the other way I guess. You pays your money and you takes your choice.
Lets hope there are lots of positive conversations and interest being registered at SXX Towers.
oh and by the way Aubery - if you want to know why its grim look at my last two posts.
And those come from a Long Term Holder who desperately wants this project to succeed.
There are now countless of us who have held this share for years and the only reason we aren't selling is because what we have left it isn't worth it.
That's grim Aubery, its really grim right now my friend. I speak for many.
Aubery, have you looked at a chart of the share price recently - just take a look at the LTM and no explanation of grim required.
I work in the City, and I thought I thought I would let everyone in on a secret about how share prices work.
It is a closely guarded secret and us City boys don't like it getting out. Its all about how share prices go up and down.
Now, the common view amongst the ill-informed, is that share prices go down due to Tree Shakes and Market Maker manipulation. We City Boys roll about with laughter when we see these comments on bulletin boards such as LSE.
NOW, get this - and I really shouldn't be letting this on - but actually when a share price goes down it is because MORE PEOPLE ARE SELLING THE SHARE THAN BUYING IT.
I know what you are thinking, that SteadyGoes - he must be a crazy fish. What's he on about - SXX has slid from 40p to 4p because those IIs hate the pesky PIs and the Board wants to do a tree shake and the MMs are all up to their nasty tricks.
Not so - unless people start buying this share it will keep going down because there will always be sellers
but anyway PAAA, what the poster who wrote that meant by 50-50 was 'on the balance of probabilities'
I give up here I really do. I see that KOH and yellow and GK have been away for a while and I am off too.
KOH if you read this. All those weeks back, Yellow and I were wrong and you were right. I am not sure your strategy would have made any difference though. The thing I have realised is that a lot of people on here hope for something to be true, then write it down and by writing it down somehow give some legitimacy to it in their own mind.
Whatever - see you in a week or so or, before, if there are developments. I am sticking not twisting.
No he means if its 50-50 its in no-one's favour. Of course.
But you didn't need to point it out PAAA.
It happened last Thursday. IF it's a buy, it's old. The free float reduced on Friday (if it did). Stop trying to get people's hopes up without foundation.
This happened on 19th. It will have no positive effect. I would urge caution. The last time Citi released a threshold notification all of us muppets (and I am one) spent 48 hrs celebrating before realising they had hedged their risk!
yes fine bob - not a criticism
I am just giving my opinion.
I think you would be better off gauging people's interest in turning up at woodsmith with a pickaxe and headtorch and their availability for the next 40 years.