Member Info for trader250

Sorry to hear that. I met KH a few times and also spoke to the ex PR girl who was tight lipped when I quizzed her about Sapele after the drills so should have trusted my instincts and sold after Sapele. I did not lose anything but had high hopes for BLVN.

Believe me (as a former BLVN veteran), the company has been waiting for FID for years. FID is unlikely to happen and the company will be eventually be toast. I have a better chance of a dinner date with Scarlett Johansen than BLVN has in getting FID. I see Etinde's valuation has also been decreased. Too many imponderables going forward. COC badly misjudged their call on BLVN and must be rueing the day they set foot in Doula.

I have no intention of "scaring" folk to sell. I would much rather buy at 35/40p if I know this has legs and has a real chance of success. If it does fall, I will delete BIDS from my watchlist. Sorry for stating the blinding obvious that this share is for widows and orphans. In 3 months we will see who is right - agreed?

I sincerely hope you have a good Xmas too. I just hope you are not going to lose another 90% of an investment of yours.

So what is your SP prediction for end Q4? If they miss their 2019 target then this will drop 50% and then slide towards 6p. Still too risky for me so would rather wait for results. Again, my concern is recent chunky sells by Directors, no iis holding and currently overvalued given the miniscule revenue to date. So be prepared to lose a lot if expectations are not met (such is the nature of AIM).

Big pharma have no doubt run the rule over VAL and yet still not interested at the current minuscule valuation so that's a red flag for sure.

The tantalising thing about Bidstack is do they really believe they are going to make it and be the vanguard in advertising in-game? If so, BIDS will surely fly and be a huge multi-bagger. The recent large sells by the Directors are still a red flag as it indicates any big movement in the SP is a long way away. (If the Directors thought the SP might be 50p in 6 months, why not wait to sell at £700k?). I think a huge amount of cash will be required to give this company the leg up it needs at this stage. If they truly have first-mover advantage and have made sufficient inroads hinting at material revenue going forward, they can expect a takeover at a premium as someone will have already run the rule over this company. Still a wait and see.

Given BIDS already overvalued, poor RNS will be harshly received by the market and we could see a 30% drop. SP still dripping down. Still one to watch.

Likewise, best to wait for RNS confirming shareholders' agreement signed and plans for fund raising. Still a wait and see.

It's indeed a huge leap of faith to expect YE revenues of £5.75 million having only received £26,000 in H1. Beware, LinkedIn is of course unregulated - JD should confine his expected revenue statements in an RNS.

I would guess trading conditions are much the same with no catalyst to affect the SP here. Still on the watchlist for now.

They should have purchased shares on the market to show real skin in the game. These options send out a negative message and are of not comfort to holders who have a 50% drop in the value of their shares. Still heading to @10p

So you do not think the SP will be @15p next week? With a near 50% drop from the highs, seems like the smart money has gone (and is still selling).

The Market now wants to see the revenue which has been paltry so far. The other concern is the company does not have a moat. Also, If their product is so good, why are they on AIM? I would have thought at least a private equity firm would have bought them by now. It's a bit too good to be true for me. I am still watching but at this rate, BIDS will be @16p end of next week.

SWS is an algo - one to ignore.

Heading back to the teens...

And I recall she invested £500k of her own money @ 25p when she was appointed and then the SP soared to near 150 within 6 months I think?

3.20

Just purchased "Reminiscences of a Stock Operator" on Amazon Prime for my Kindle. Thanks!

Ant,
I have been where you are too - some 15/20 years ago. Do nothing for now and be thankful for what you have (family and health). Watch the market, there will be an opportunity in due course (be very patient) where a nugget will appear and your £10k becomes £70k in no time. Plenty of guys here will be feeling for you. Have a walk in the park with your family. Get a dog - a great stress reliever! ATB

Could be a different author from MF - one for the company and another with a negative view. MF make their £ from subs and adverts. Do not base your trading on their articles alone. I fear SXX will go bust but someone will pick the project up years later (if the business plan is still worthwhile). The danger is more if another similar deposit is found in, say, Eastern Europe where there are little or no environmental issues and cheap labour etc.