Member Info for trader-mick

Where's this come from or just a few watchers gambling this is the bottom.

Why so many are paying twice the price of the placing am I missing something here, normally on a 5p placing it would stuck at 5.5-6p offer range

Even I did not see this coming today, incredible after those results the bid has doubled from opening 2p on results to 4p today. I know a friend that works nights that tried to make a quick buck on a Rns in Val, he bought 3.5k at 62p and still has them and now 7p bid, all the way down I told him to cut the loss until it gets to the point it's not worth selling. Shame 2p bid did not make you think likewise but we all make mistakes.

Agree I could run into sellers but I picked up 25k at 13.6p. Those results do not reflect a 100k improvement in the market cap. Sure there is still a lot of work to be done but if these were issued a 7am and I sat and read and digested them I would have said to myself omg this is going to do 100-200% on these so for me the market is still asleep to the numbers. Of course if it got to 20p you would have a new crowd of spike chasers scrambling to get in but that applies to all stocks, look at BEM earlier chased to 8p+ then back to 3.5p bid Aim madness, I think the improvement in balance sheet with much reduced liabilities and then the surprise Rns of a Ballentines sponsor warrants more than a 300k to 400k market cap. I think at least 100% but it might not happen today but now it's a strong hold and nowhere near the high risk it was yesterday.

I was so tempted to post earlier and say you are all mad this will be suspended game over etc etc but having read results they are actually not too bad. A sponsor for Ballentines and this could reverse big style. Of course by the time I noticed I could not buy a bean of stock except NMS of 5k.

Bit of a over reaction, ouch DRM you need to grow some balls, bailing at 2.1p is what the mm's want and love easy money for them !

Like somebody else has moved on. I gave up a few weeks ago. It's another stock that suffers from terrible pr, all those deals hidden on the website. Now with a market devoid of buying in quiet stocks any selling here is having a worse effect on the price. Good results though good see a big bounce if they ever show up that is ?

It's one of those situations where as much as the product is a good idea and excellent to use the business itself does not make money. ZZZ are so far apart when it comes to profits and cash generation that I cannot see a positive outcome and the price is saying that too. They need to find a huge amount of money to reverse massive losses and so far there's been little signs of that happening.

i think the selling has not stopped but the updates to the market are slow in coming. Given there has been daily 100-200k of buys since the last announcement they must be lower because it's took a lot of buying at 32/33/34 before movement, going the right way today though.

N/T now seller is out

Clearly there has been a seller keeping this down but they seem to have stopped now or I hope they have not much stock around now.

where my 25k buy was they delayed it a hour cheeky !

No signs of price come back and starting to run away from me again so grabbed small to start with. Add more if weakness.

Only the madness of Aim can people chase a stock up over 100% at 4p and higher and then sell days later under 2.5p. This was not a £50k loan converted at 5p where it's artificial but a massive converted loan and % of the company converted at a huge premium. Maybe it's the overall market woes but I'm hoping some other lemmings jump off the big cliff and give me sub 2.5p stock to enter.

You took over from me flabby. Still hold a tiny amount waiting for the results which must be soon.

Nothing was ever done about this stock no enquiry nothing and the boss of AIM stresses it's not a "Aim Casino", I doubt this company ever had a business, probably made up everything. I mean how many people went to Israel to check to see if they existed or had a factory etc etc ??

I think anybody with a basic grasp of maths/accounts could see this one was done for. What needs to be addressed is a certain twitter ramper with several accounts posting all over the place a 15-25p bid is coming. It's about time this person was stopped. The LSE finally saw sense and now block all accounts by him when alerted to them. But other sites he is still active with multiple accounts.

mm's short of stock so they reprint a trade from earlier to make it look like a big sale that infact was a large buy from earlier. Normally a sign it's going to pop

run for cover when a few buys show and then widen the spread. Bound to spike again so holding a few for when the herd arrive and chase it up then I will offload here.

That's why I stopped trading this one because it's not following MTFB like it should. Last year this hit double figures a few times when Mtfb was around 70p so with Mtfb over 50p it might not be worth 10p but you should be getting at least 5p but it tries your patience like all Aim stocks with people not prepared to hold anything for more than a few hours/days