Member Info for WolfofWarks

The first three of the millenium series were awesome.

Volumes 4-6 absolutely awful.

I might get into T-shirts JR.

Sounds good business.

If they can get the stock they have created a perfect environment for the shorts to ride this down.

This being suspended has probably done us all a favour.

Just looked and I’ve took a proper hammering this week.

Best performer SYME!

£368k is sales which generated a gross profit of £368k. So their was no direct costs hence the 100% GP. This must have related to the three pilots.

Overhead or other costs (running costs, listing costs, etc) not relating to those sales are then deducted to arrive at the final net loss.

My quick buck on RMS has failed miserably which Argo (which hsbc wouldn’t let me buy is flying).

Moving onto IG with my next ISA.

HSBC will be for bottom drawer only.

Interims are never audited, hence then being interim.

My take on it is there is an ever growing plan in place but a delayed execution, due to the funding situation.

The customers are rowed up so we move to proof of concept and get this over the line as a business.

Plus the shareholding web is no longer complex and it’s clear who is in charge with no murkiness for people to latch onto

Let’s get re-listed and watch this fall into place.

We’re owed £2.1m as well. More like £900k in the bank, well £892k to be precise.

Should say £800k in the bank.

Had a quick glimpse and note the following:

3800k in the bank.

Who do we owe £3m to?

“On 24 December 2020 a reorganisation of shareholdings was announced, resulting in Alessandro Zamboni becoming the sole Beneficial Owner of The AvantGarde Group”

No Rothchilds involved. DW has no material holding.

What move would the big 4 be making given they are accountants?

We had the most comprehensive report we’ve had so far yesterday which has pushed the first transaction out to the end of Q1.

Hi Will

We’ll agree to disagree. I’ve been following it very closely this week. These stocks are going to fall very sharply when this is over - some are already falling (AMC 55%). PIs have been consistently buying him all week with no consideration of the potential consequences for their investment, the fundamentals of the companies, etc, etc, and the shorter will ride them all the way back down and yet again the PI will have lost.

That’s definitely not right.

I think a lot if the people who have bought in though are riding the crest of a wave and will get proper spiked. So there is an argument for taking the action to reduce some of the speculation if you look at it from a ‘whole of the market’ perspective.

The shorters have lost a fortune so job still done.

A lot of the big broker funds want 100% margin now as well on shorts.

I’m not an expect by the way just been glued to cnbc all week watching this play out.

I think what they have done and after pressure from the SEC is increase the margin required on the long positions to protect against the inevitable drop which then closed some positions if the accounts were not in enough funds.

I don’t think they’ve just sold them from under them.

BB -I hear what you’re saying but it was having an impact on the wider market as hedge funds had to sell perfectly good long positions to cover the margin calls in their shorts. Something had to be done imo to calm it down and bring some sanity back.

Fair enough the PIs want to get one over in the shorters, hedge funds, etc, but it’s people’s pensions and savings and lives get screwed over when it all goes pop. The earnings over in the US have been great for Apple, Tesla, etc, but there’s been a mass sell off instead of everyone feeling the benefit.

Sorry Alfred. I haven’t got a clue what you’re on about mate?

It was going to bring the whole lot down though.

They’ll look at the regulations now I reckon for these commission free platforms, Robinhood, etc.

AMC is down 55%!