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Thread: Shares can go down as well as up....

  1. #61
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    A 3.5 pence jump in the first hour of trading ??

  2. #62
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    Spoke to vin. All I can say is. ......

    OH MY GOD !!!!!!!!!!!

  3. #63
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    Here's the deal. I still do not understand it fully.
    142p is now the share price. Summit have taken a percentage of shares from each investor. So vins stake is less. .... not sure by how much.

    They are now listing/listed on the US stock exchange. ( nasdaq)
    To be on there, the share price must be a minimum of $1 .
    They also now have exclusive rights to this "super drug" for 5 years. It cannot be copied in any way shape or form. And that is worldwide.

    Vin is hoping that the price drops to around a pound before he buys more.
    The new revised peak value per share is £ 60 !!!

    I will be investing !!

  4. #64
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    Expected to hit £60 per share?!?
    Holy crap.

    Summit are now on my watchlist so I might have a flutter with a few hundred quids
    1997 Mitsubishi RVR HSGR : 2.0 4G63T, 4 seats and the seating position from a truck
    2009 Ford Mondeo : 2.2TDCi, 4 wheels, some plastics, some metal and some seats
    Former owner of The Mongrel (RIP 2011) and The Rednum (RIP 2014)

  5. #65
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    Atik. .... I only share information I get from vin. I take no responsibility !!!

  6. #66
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    Hehe, I realise that Derek. I'd be mad to take your word for it

    I have it on my watchlist and will have a look at it all before I decide what I do. I guess a £100 or so wont hurt if I did lose it, but if I ended up maxing out, it'd be a great bonus!

  7. #67
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    My plan is. ... to keep in touch with vin. See how the shares are next year. Hopefully get the rest of my pension money. And if all goes to plan, give him around £10 K to invest. We'll see

  8. #68
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    What would you do ??

    He has the opportunity to take over£2 million. .... I'd be happy with that !! But he's hanging on in there!

    But at least his shares are heading down. 13 p drop down to 129p

  9. #69
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    Just did a bit of googling.

    For example; if vin bought 1.5 million shares at 1p each. That's £15,000.

    That would be the tax payable regardless of how much profit !!

  10. #70
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    Pfft . Had i given vin £10,000 last week, he would have wrote me a cheque out for £1350 this week !! Roll on April.

  11. #71
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    Scrub the above comment. Make that £3500

  12. #72
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    Wow! This needs further investigation!

  13. #73
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    As i said Atik, he wants them to go down........ but up 8p today already !!

  14. #74
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    Well......... just got back from vins, the shares did get down to 102p. As he wanted and predicted.. so he bought more, not sure how many, but knowing him...... it will be a lot !!
    Now at 136p, so that's a theoretical or potential £5m in a very short time !!

  15. #75
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    I won't be giving vin £10 k next year

  16. #76
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    Up to 145p now.......... i think we've all missed the boat

  17. #77
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    ^ make that 148p

  18. #78
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    Up 6p already today to near 160p :-)

  19. #79
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    166.5 ....... 8p up today. Are you watching @Atik

  20. #80
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    171p. !! I think they fitted a turbo to that boat we all missed !

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