Member Info for triumph1

You appear to be under the strange illusion that most holders of NYCT are long term holders. If you truly believe this, then you may as well stop reading.

Most of NYCT shareholders are looking for a fast buck, nothing more. Theres nothing wrong with that, but to think that everyone on this board are long term holders is a bit thick putting it bluntly. Long term holders dont care about intra month fluctuations let alone intraday, so why post about a tiny correction (relative to the 18,000% rise). Seeing as 90% of people here are not long term holders, greed is an appropriate word to use if you start getting ratty about a tiny drop.

Not hindsight unfortunately, merely pointing out the inevitable in a share with such a high PI investor base. Overbrought to the max is subsequently followed by oversold to the max.

Dont shoot the messenger, it is the way this game is played.

Its a well, well overdue correction. What more could you want than an 18,000% rise? Some must have been expecting this to go up indefinitely.

Sheer and utter greed. A post the other day summed up nicely the magnitude of greed/naivety, call it what you want. It went along the lines of "my sell price was £12 but now its £15, brought a load more at £12". Even if it hit 15, I'm sure this poster would have then revised to £20. Astounding

To fill in for WAMmy. Couple of boiler room boys. Must need the work for all of those SGC top ups that went hideously wrong.

If you followed the pros, you wouldnt need to work so hard ;)

Didnt get the alignment with macro events to break 110 unfortunately. Well, 8th time lucky mabye. I'm very happy to remain in this very well defined trading range....rinse and repeat. You all know when to pile back in guys ;) anything sub 95 Is a buy, stall around 110 is a sell.

I agree to an extent, and i think they are concentrating more resources on rincon. The scattershot approach to these tiddlers pre IPO is really the best approach to take. 10 will fail, 1 may be a huge success. Its how venture capitalists work ect....

never a good idea to put all eggs in one basket at this stage. I expect they have left some cash behind for rincon IPO however. We should have an update in the coming month.

Certainly in an acquisitive mode, and currently very active management. Nice to see.

Trying to stake build as much as possible sub 1p. Its all about Rincon and their plots around telfer for me. At 2m mcap with 750k cash, not much can go wrong at this level and risk/reward is firmly in the favour of any investor/punter at these levels.

Unfortunately the "Wisdom of the crowds" and unity you talk about is solely dependent on monetary benefit, which makes it fragile and fickle as it relies purely on an infinitely increasing SP. Surely most know the party cant continue forever and at some point the tide will turn, at which point opinions on how the company will progress will begin to diverge. Some will sell, others will hold and blame and this BB will turn into an all out war zone, so enjoy the unity whilst it lasts. Every company is cyclical in nature, but some are freaks of nature. Until the company can come up with a solid long term plan to consolidate the massive gains and grow into their extremely generous valuation, it will continue to be categorised as the latter. Unfortunately the odds are against NCYT on that one as very few freaks make it as a main sequence star. Most end up similar to a remnant of a star after going supernova. That being said, i genuinely hope they pull it off.

I have no interest in buying into freaks of nature, but very fascinating to watch how the NCYT story will play out and as a case study. Lets be honest, the best possible outcome where everyone wins here is if they get a buyout from a super heavyweight like AZN as opposed to going it alone. For once, the PI would win and would be very happy to see that happen!

Good luck guys.

I'm also liking the fact that the ftse100 index is at a low point and we are nicely set up to give 110 a crack again. With ftse still sub 5800, we could have a nice tailwind from the main index over the few trading sessions as a rebound of at least a couple percent is likely.

RT003, TA is very relevant on IAG at the moment. It is a self fulfilling prophecy, yes....but it has a snowball effect. We have seen 110 resistance a few times, and low 90s support. Each time the SP ping pongs between 90 and 110, more and more will buy/sell and we have seen increasingly violent bounces/retraces which prove the authenticity of the trading range.

Eventually one will crack to the upside or downside and an II may be the catalyst, but to disregard the blatant support/resistance we are seeing and trading on is a little naive.

Agreed anapa. I will probably wait for a close above 115 to confirm 110 clearance. From then, high 120s will follow fast.

Happy to pay a few more pence for confirmation that 110 has been cracked. But from here on out, we can all fairly safely say IAG has found a floor. Whatever had been thrown, low 90s is about the lowest it will go. I'm not sure what more could be thrown at IAG to make it breach 90

Let's just put it this way....

If back in January, someone told me that a worldwide pandemic will occur and will change our way of life as we know it, decimate our economy, and said person then proceeded to ask; "What european country do you think would be the worst affected by this impending pandemic", hands down without a doubt would have said the UK. Then he proceeded to ask "why"? Because, I would respond that it is in the british politicians nature to be spineless, procrastinate, faff, and to not generally have a clue as to what happens on main street.

Thanks for the fcukton of cheap shares ;) very lovely job indeed

All good Jeff :-) got the very bottom for once. Sitting on 10% gains this far. Not a kings ransom, but a bit of pocket money none the less. I reckon I can squeeze a little more out of spoons yet.

What has happened here. I have never seen anything like this before in decades of doing this. This magnitude of drop on something so mundane as a change of auditor. Speculation and fear out of control.

I am beginning to think I am missing something significant here.

Boohoo just dropped 20% on an auditor moving on? Just this? I thought I got a bargain at 269....looks like I'll get a bigger bargain tomorrow.

Boohoo may as well been the supplier doing the VAT fruad. What a ridiculous drop. This will bounce back sharply from this in the coming weeks.

Goes to show how fickle people are these days. Noting but short term noise. Total carniage, did not expect this drop today one bit. Looks like shadow fall got their way.

Goes without saying I am buying all day at this level, so keep selling off guys hehe

This is very very dissapointing stuff from FT, I expect much more than hearsay, speculation and rumours from this particular tabloid.

David law, lighthouse reports are not always accurate, Wix sites being case and point. It's not difficult to score 100 using wordpress. Anything else, and lighthouse dont like it. Run a bit of java before first paint, lighthouse will do a Boohoo.

Not surprised to see PwC scarper as they have their reputation to uphold, especially in situations concerning ethics. The slightest whiff of trouble and they will head for the exit. No doubt they left weeks ago.

With nerves twitchy re boohoo, it's hard to say how the SP will react. If the market wants to over sell BOO, I'll get the mop out. Obviously the news has absolutely no bearing on the future prosperity of the company.

At least share expert has a bone to play with this weekend ;)

Not sure what your history is forex, i.e. whether you used to be employed by JDW or you just hate tim's guts and his principles; fair enough...many many agree with you.

But to say spoons is coming to an end, i cant agree there. I'm not sure what you meant by your saying, but i have another one. Money comes before principles! Meaning that Tim knows who frequents his pubs, and he caters and voices to them alone. Therefore he can do anything he likes (and he has) and the effect on his pub sales would be negligible. Kind of reminds you of trump, right?

Coupled with the fact that the UK economy is in meltdown. Post Covid will be a recession no doubt. We all know how well bargain basement establishments perform during an economic turn down. This leads me to believe that JDW will be with us for many, many years to come.

Best of luck and have a great weekend, Monday will be an interesting one.