114 days ago
Versarien (VRS) has made it explicitly clear that it is likely to go into administration and that shareholders will lose everything, something that I celebrate! So why are the shares up 36% today, albeit to just 0.015p. This is a classic dead cat bounce and in a market maker system perfectly rational. It often happens as the end approaches.
1350 days ago
musicMagpie (MMAG) clearly needs a bailout placing to survive. There is only selling ( apart from spoof boardroom trades) so the shares should be heading lower. But one market maker is holding the price up. Others clearly would not touch this with a bargepole given what we have exposed here this week. So which market maker is holding the price up? Hint….