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Look at the amount of shares traded, and the constant ‘ups and downs’, is something most of us on here can only watch. PI’s, like me anyway, can’t affect the SP but we can always do some research to anticipate what the SP might do.
30MN shares at around 50p need to be bought before any BIG investors buy at a higher price. Still a lot more to be sold so, IMO, it’s around 51 -53p for a few days (world crisis aside) until the Company’s value is recognised.
Far more intelligent people on here can work out what the value of the Company was at £19 a share, what that SP has been diluted to over issuing more shares - I saw someone post c.£2.38p I think - add another 20% at 50p and it’s probably £2! Take into account the terrible situation the worlds in now (50% of that???) and that’s where I get my shirt ten £1 valuation from. Add in £500MN investment from Stroll and Wolfe and it could be worse.
Anyway, GLA and this is only my opinion so DYOR please.
Issuing 20% more shares whilst pulled down the average, injects a lot of cash to keep this iconic car manufacturer going.
51p was the reset SP after 30MN hit at 50p so we can only go up IMO.
As I said before, the new 100p is 91p, based on maths alone, so if we see an uptick in the markets, when the shares are moved on I am optimistic of 70p + in a couple of weeks.
50MN traded today -with the issue I agree - but no sellers without buyers.
GLA
As I said at 9.29.....
For all those that were convinced that this was going to be 100p in a few months, even if they issued the shares at ZERO (which they won't) then this still gives a short term target price of 83p.
Based on the fact that they will now have a cash injection and the issue will probably be more like 50p, then based on the same sentiment that it was going to 100p and taking into account 20% more shares, now makes this 91p instead.
DYOR of course.
I think that's based on them being issued at ZERO.
Factor in 20% (1,520MN MN x 20% ) at 50p and add to the SP x shares / new share total and it comes out to roughly what I said.
I may have based my first prediction when the SP was 64p, but either way, no need to worry IMO.
Just adding my thoughts.
I posted hours earlier that based on the previous £1 expectation (easily achievable in 3 months IMO), new shares at 50p its still c.91p all day long. Again maths.
The news may hurt some today but good in the long term.
I was making a positive point.
Thanks for your positive response!
For all those that were convinced that this was going to be 100p in a few months, even if they issued the shares at ZERO (which they won't) then this still gives a short term target price of 83p.
Based on the fact that they will now have a cash injection and the issue will probably be more like 50p, then based on the same sentiment that it was going to 100p and taking into account 20% more shares, now makes this 91p instead.
DYOR of course.
After being manipulated, centiment and logic means, IMO, 75p is now the base line.
Saw someone, Porcheboy?, called it right at 77p for an easy £1600 profit today but, holding 120K, Im out at £1 and then back in at 90p for the long term.
I wish you all well!
Manipulating - Obs, Who buys 1 share. Balancing, still laughing.
17-Jun-20 15:29:10 72.75 10 Unknown* 72.30 72.75 7.28 O
17-Jun-20 15:29:10 72.75 1 Unknown* 72.30 72.75 0.73 O
17-Jun-20 15:29:10 72.75 1,240 Unknown* 72.30 72.75 902.10 O
17-Jun-20 15:29:10 72.75 3,000 Unknown* 72.30 72.75 2,183 O
17-Jun-20 15:29:10 72.75 30 Unknown* 72.30 72.75 21.82 O
17-Jun-20 15:29:10 72.75 9 Unknown* 72.30 72.75 6.55 O
17-Jun-20 15:29:10 72.30 2 Unknown* 72.30 72.75 1.45 O
17-Jun-20 15:29:10 72.30 11 Unknown* 72.30 72.75 7.95 O
17-Jun-20 15:29:10 72.75 140 Unknown* 72.30 72.75 101.85 O
17-Jun-20 15:29:10 72.75 30 Unknown* 72.30 72.75 21.82 O
17-Jun-20 15:29:10 72.75 21 Unknown* 72.30 72.75 15.28 O
The website my broker friend pointed me to that first enlightened me to this has been taken down.
The codes most important I remember is <100 need shares. 800 - 1000 said to pull price down.
I may be recycling poo but IMO, https://falconstocks.com/articles/readingmarketmakers.html this is a game to many Its mine and my kids future - or not.
I wish everyone the best success and, I hope that what I have done, investing heavily in AML won't backfire on me like many of my other "get out of the rat race' did.
GLA
If you see trades of strange values (why would you buy 2 shares for example - some idiot said these are balancing trades - lol) then the this means I need shares. Hence IMO this will rise very soon.
Each block of oo’s means other stuff but you can find what are (or were) they mean on tinternet.
Google trade signals and you can see what is current.
OR - say that they use noble phones to communicate like some did when I first posted this - amateurs.
We were on a roll and the Yanks make that statement and now we are caught up in it. Ouch!!!
It doesn't change the short term SP (IMO) but seeing that today - and MTRO - hurt a lot!
Got buys in for the open tomorrow at 60p and in a way hope they don't execute but if they do I get some more cheap and if they dont we are on the way back up.
Looking at the Futures though - c. - 4% - tomorrow, which being a Friday should be a happy day ,i'm a little nervous.
Not selling my stake though.
GLA all x
OK. Ha ha ha. You know better than 1MN people. Clown.
Everyone else in the world, try this thing called Google and see what the world thinks. I have some links if you want to see them.
Its a well know way traders have communicated for decades. Even before your time maybe.
Watch the 'signal trades' that control the SP. If unsure look it up to see why 1 - 200 shares would ever be traded but this is being manipulated by the markets - which is fine by me as I'm the right side.
Really confident this is a strong buy @ <100p and, IMO, within days.
Check out MTRO too. £40 at its peak and now shorts closed and new BOD, an easy 200p.
DYOR.