Member Info for trader-mick

Do not forget the liabilities sellonnews. Still does mean it cannot go mad like it has in the past especially if MTFB was to get in the 70's again. If they could do something with Datatern say float or sell it would be a game changer wipe out big % of liabilites leaving MTFB as a free ride or maybe MFTB will be sold clearing all liabilities leaving DataTern as the free ride...who knows ?

Sorry that should be "now going to be worth 10-15mil" ??? I keep reading the Rns's and there is not concrete number. If they spent £50k on a investment and got back say £300-500 I'd say that could be classed as significant in % gains on the original investment but the share price has trebled recently and the market cap is now well over 5 million. Until the company actually clarifies what amount the profit is I'd be cautious

"double of triple it's market cap from here"...so you are suggesting that a % in a investment that was previously in the books for peanuts is not going to be worth up to 10-15 million :-)) Hey I could not post misleading stuff it's not my way but others certainly can !

Funny that the company says the fair value of it's investment of 18 remaining companies was £468k...hey ho maybe I'm reading it wrong but you cannot beat a good bit of spin eh Leon. The company does not actually say what is significant profit to the company in the latest Rns. It could be 100k it could be £1 mil but until a figure is actually confirmed it's all speculation but in the meantime continue to pump away :-))

At the end of the day people did get trapped. Chasing a stock up 200% with market cap soaring at 22p+ was risky enough, it closed at 14.5p bid, unless the business has a super strong set on fundamentals to back it up spikes like this cannot sustain. If nobody has a concrete number of the one off profit then it's silly to chase. Overall business going to make a modest profit. I know what that means. Glancing at Advfn bb a couple of usual suspect pump and dumpers were all over it then vanished. The 19651 buyer then seller 4 minutes later was funny where do these people come from but in the end it might have been wise to bail for quick loss as price dropped another 4p afterwards.

If it's undervalued why have the company issues a Rns to say it knows no other reason for the rise then ?

Business itself is making peanuts maybe less than 200k a year so market cap is getting very high for that. Unless the sale is sky high people are going to get trapped. If the sale proceeds were a fortune then the company would not issue a warning on the rise so I feel people will get burned here chasing their quick money. I will match the buy high sell low trades later

I've been alerting the LSE of his never ending handles for a while now. Nobody is interested in that DT spam rubbish and he has more accounts to be spotted because he instantly votes up every post he makes which means he has new accounts. I thought the LSE had software to stop people from setting up new accounts from same source so not sure how he is constantly setting up new accounts to spam rubbish links from DT ?

test

The trader mick on twitter plugging GEM is a imposter and should be ignored/blocked

A bad set of results. But on face value the market cap will open around 4.5-5 mil, add on the 2 mil of debt I guess for now it's full valued after making £241k for the year but I,m pretty sure this was not expected hence the market up. All depends what they are forcast to make this year ?

Certainly looks like a buyer in the market, showing strength now and little dips then hitting new highs for the day complete opposite from last 2 days. Could easily trade above 150p at this rate with one hour to go today

Considering they had well over 10 million it would be a hard job with with 940k volume unless blocks to show later or they are not selling all of their holding. So volatile on SETS you can never be sure a rise will hold for long. The other day it jumped 8p and down 8p in a hour.

Once they clear the seller they will. Today's Rns shows their hand. Now if Richmond were to wade in and take another block this could clear quickly. Sets seems to have a steady stream of matched bargains to keep working the order down at around 133p the last 2 days. What we want to see is some more big blocks going through then we will get the movement upwards as seller clears out

Clears I reckon this will really shift, last week it went from 130p to 170p in a day. Waiting for the seller to alert the market of what % they have left. But another fund more than doubling their holding is a good sign it's near the bottom and the sets system seemed happy to work another chunk of stock from the seller at 133p it barely moved all day. Fair bet for a 20% bounce maybe 30% when seller is out, maybe tomorrow they will run dry but next week look's a cert for them to clear

Richmond Group go over 3%, interesting action today a super volatile stock normally can stay in a 1p trading range all day on good volume so working a seller but with plenty of support to keep the price level. So I hope they carry on edit...another Rns Richmond have bought loads more and doubled up

Below cash, good director buying after warning, what has caused the drop today, broker downgrade maybe ? big seller at any price maybe, not one bounce since this morning, just lower and lower all afternoon

This is getting slaughtered, buying just seems to be getting brushed aside and then the price hits another day low on the sets system, you keep thinking it will bounce then it drops another 2-3p getting painful this

They seem to be milking this fall on low volumes, Been picking up small lots from 154p downwards just got more at 145.6p where is the bottom today ?

Waiting for this trading update promised this month. Record trading etc etc, once the overhang goes this can race up towards 40p. " The Company will update the market further with its trading statement in July"