Member Info for techguru91

Because i was on the move and clearly i made a mistake. £2m or £3m doesn't really matter. Fact is they raised a chunk of money at 10p when it was arguably looking cheap then. Highly likely we revisit those prices again

Looks pretty strong here. Huge discount here at 4p from the recent £3m 10p placing in December

I have a sneaky feeling we get some big buyers turn up today

hat wasn't really what i was saying

Whether buying at 3.5p or 4.5p is largely semantics in terms oft he recovery story here

My targets remain at 10p+ and it could come alot sooner than most think

Bearish sentiment is pretty high here at VRS. Which is usually a sign of an imminent bullrun

I do agree. Personally i feel much more comfortable buying VRS at the lows after being priced to fail given even a sniff of anything positive can send this up multiples

Buying a stock after a 500% rise with everyone getting FOMO and saying how great it is often is a sure fire way to lose money

Bearish sentiment here is high. Chances of those buying making money from here are high

Volume picking up and buyers starting to realise it simply ain't going down

10p by the end of the week?

I think he makes a valid point, the same as some of the negative posters do. Its a free market and this is a very subjective situation

if it was an obvious buy this would already be trading 10-15p

Its high risk high reward but i've been picking these up in the 3.5p - 4.25p area because its got all the makings of a multibagger.

Everyone is pricing this to go bust. But that isn't going to happen anytime soon. The market is definitely short hence the large bids in the market

I'm intirgued how this plays out. 5p+ next couple days wouldn't surprise me

https://twitter.com/DDS_DocHoliday/status/1637371180922314753?s=20

Incorrect. NR is a Director and therefore will not be selling for the foreseeable

I wont run through the figures with you. I'm going to enjoy my weekend. But if you haven't factored in the existing cash and cost reductions drastically reduce cash burn going forward then good luck to you

Sure they'll need to raise again at somepoint but you are forgetting a large part of the risk is factored in hence we are sitting at all time lows.

Arguing with people on a bulletin board is a waste of time. You're bearish at the lows. I'm bullish at the lows, was buying in the 3.5p-4p range and i think you'll be surprised how high this runs

You don't even have to like these companies to see the opportunity. Some are just so blinded by their own negativity.

Most are usually most bearish at the lows and most bullish at the highs. Its funny to see

January remember POS 1p to 5p or VAST 0.15p to 1.1p. You would argue both are notoriously unpopular garbage companies. Well 500% on the table for those who went against the grain and could see the opportunity.

Food for thought maybe. VRS not a time to be short, negative or selling at 4p with risk to the upside pretty huge

Don't be niave. If that was the case we'd be trading at 3.2p now. Maybe even sub 3p. Use your head.

This has been a little play thing for a select few on the short side. They've got themselves short nicely whilst deramping knowing they'll get a nice fill in the 3p placing. And yet here we are, they got no fill. The market is short and desperately trying to get out of this tricky situation

In addition we have a company thats massively undervalued, with plenty of working cap for the months ahead with major cost reductions and some sizeable significant deals on the horizon

All the makings of a multibagger from the lows.

Lets see how it pans out

I've been watching the book all day and its pretty clear what is going on

Certain particpants have been shorting hoping to settle in a placing they assumed they would have access to, as has happened numerous times before in this corrupt market. TW, Gary and his merryband have been pretty naughty here.

So we have 10-20m of shorts in the market which i believe are trying to cover. Its very telling. The downside is limited at 3p whereas the upside could be huge.

I remember watching VAST in January when TW and every man and his dog was bearish saying it was going under at 0.16p, it then went on to do 500%+

You DO NOT want to be short at these levels thats all i'll say

Now we are talking. This is about to really start squeezing

Good spot could well be

Looks like a close above 4p and a run higher tomorrow into 5p to close the week out. Fireworks next week i wonder

Got a major bid in the market here can sell over 650k shares at 3.8p or better. Someone is trying to cover their short position OR buy a decent stake. There remains no real sellers here just buyers on the book

Think he's there because if not the deals would likely fall through, Most have thrown in the towel but i actually see a unique opportunity from these levels.

Anyone picking up stock around 4p i imagine could be sitting on 50-100% profits soon

The fact NR is still on the board means he can't sell any shares and still has a large vested interest in VRS. He can also get these big deals across the line. Because lets be honest, if he doesn't get the shareprice moving up now the company will fold

So you have a situation where NR and some very large players risk losing everything unless they turn this around.

My guess is we see a violent move to the upside which catches retail investors out but not the smart. can see it coming a mile off

See you at 10p in the coming weeks

Retail capitulating at the lows is unsurprising. The price action today alone looks pretty strong. Market appears to be short or in demand for shares. Think we trade back to 10p as retail sellers look on in disbelief