RE: James found in Brazil29 Jan 2020 21:58
While taking a back seat and following the chat, I will add the following, we were promised the world in Q4 and the only thing we got was directors selling, fact, we got a profit warning fact, he pulled out a RNS from now the back of the sofa with little substance fact and JD admitted himself that he rushed the deal in order to hold up the share price, fact, check the interview on the 24th December, he promised a great Christmas and left many investors in fear of loosing their money.
Imo the share price is been worked by day traders and shorters, day traders buying cheap to make 20% profit, once the share price gets to s level, people then borrow shares in order to drive down the price and the day traders selling to. This is my opinion knowing how these people work after seeing it happen before, do you remember the share price going to 22p, that was no accident.
Some good posts on here recently and a few people realising that JD is not a man of his word, however, I do hope that investors here will do well, I will get back on my back seat and see how it plays out. Gla .