Game Share Discussion Threads

[kayfash] 21/3/2012 11:27

GAME OVER!!! Admins called in!

RIP GAME!!!

[justthemoney] 21/3/2012 11:23

Well, well...the Board have pulled it fast and hard on the investors.
If UK investors would just put up with the fact they've been robbed, the US chaps almost certainly wont.

I wouldn't be surprised to see litigation suit against the Board for announcing that the shares are worthless, when they know very well that the company has assets in excess of the current liabilities. The market certainly didn't think so and has traded accordingly. I'm sure the Board have taken watertight legal advise before suspending the shares and it wont be easy to get anything from these crooks.

Blueshore and other US investors may get something back for all shareholders.
IMO, would like to see the crooks locked up more than my money back.

[bingowing] 21/3/2012 11:19

PWhite73 - 21 Mar'12 - 08:08 - 6977 of 6984

Don't say you weren't warned and if you think the likes of Blueshore are still holding (assuming they ever did) you can think again.

The likes of Blue water added more yesterday mate.


explain what the likes of Bluewater means?

[ninja 19] 21/3/2012 11:17

You can buy share OTC (privately)


Shorters tend to buy privately 100K for 0.1p or below to settle with the counterparty

[bingowing] 21/3/2012 11:16

Ninja, i was careful mate. TBF i din't want to hold past this Friday and i didn't expect it too suspend today so yea i got caught out and have lost a few bob. I was fully aware of the risk did some trading but yes i have lost a bit of cash which does sting a bit.

[justthemoney] 21/3/2012 11:14

Well, well...the Board have pulled it fast and hard on the investors.
If UK investors would just put up with the fact they've been robbed, the US chaps almost certainly wont.

I wouldn't be surprised to see litigation suit against the Board for announcing that the shares are worthless, when they know very well that the company has assets in excess of the current liabilities. The market certainly didn't think so and has traded accordingly. I'm sure the Board have taken watertight legal advise before suspending the shares and it wont be easy to get anything from these crooks.

Blueshore and other US investors may get something back for all shareholders.
IMO, would like to see the crooks locked up more than my money back.

[ninja 19] 21/3/2012 11:13

Bingo

did tell you to be careful mate. Hope you did not take a big hit.

[bingowing] 21/3/2012 11:10

SCAP made the killing.

[isis] 21/3/2012 11:09

They sell off the assets, if there are no assets then there will be no proceeds and even if there are the Shareholders are last on the list.
People should realise this when they buy shares, especially those that have no assets.

[mali7] 21/3/2012 11:07

yeah I beilve you all - its illegal for big investment companies to have insider knowledge and they all ADHERE to THAT!

Which world are you from??? LOL
The whole banking crisis, subprime, maddoff, enron, etc etc ALL ADHERED to LEGAL GUIDELINES!! Yes, so true...

BTW before WLW going belly up...we had an investor accuiring about 10% of the co too...but I dont think he got anything out of it...unless he managed to buy some stores for £1 each???

Admin co's are the ones who make a killing at £1K/£2K per hour at least!

[bobsnbits] 21/3/2012 11:06

price seems to be stable at present...calm before the storm?

[loganair] 21/3/2012 10:59

bp - Goldmans and the like best friends always know what is going on and have insider knowledge, the law is only to be observed by the little poeple like us.

[isis] 21/3/2012 10:59

They owe the Banks tens of millions - there will be nothing left, they own very little.

Blueshore made a grave error, to say the least. Like Woolworths this Company has no unique selling point or assets.

[oldtown] 21/3/2012 10:58

LOL. loganair your conspiricy theory post would make Arthur Conan Doyle stop and draw breath.

[bubble pricker] 21/3/2012 10:57

mali, this is complete nonsense. Blueshore cannot have "known something", because if they did they would have had insider knowledge and it would have been illegal for them to trade. They will not have any say in anything, nor will they get any return from their "investment". They will lose it all, just like everyone else.

Funds and institutions are no better than everyone else, except they play with other people's money.

[bingowing] 21/3/2012 10:57

it is weird that blueshore have bought 10% of a company that is heading for the wall or even now hit the wall.

[sapper2476] 21/3/2012 10:57

Blueshore are also investors... and if they gain anything back then so will shareholders.

[isis] 21/3/2012 10:56

People think Fund Managers know what they are doing but most are just plebs. Look what happened to RAB buying up all the Northern Rock - it finished them in the end.
GMG are an also ran and have no unique selling point - you can buy those Games anywhere at anytime of the day and usually cheaper.
Once in admin shareholders usually get nothing because they are so far down the line.

[mali7] 21/3/2012 10:54

Blueshore must be knowing something we are not clear about...they must have some financial power to still derive profit from worth less shares...they mention even if entire co sold for £1, they can see value!
Hence maybe they added 2million shares yesterday as it was last chance to pick up any shares??? But small investors are the first losers in the que in all situations...

[loganair] 21/3/2012 10:54

Blueshore may have been paid to buy Game shares, notice were not buying when the share price suddenly up to plus 3p.

While Blueshore where buying, so were the mug private investors, which would allow other clients of Goldmans to buy in at sub 2p and sell out for a tidy profit at plus 3p.

Goldmans were helping Guoco take-over Rank. The Pru (10.5% holding) sold down to 4.5% at a loss, however Goldmans picked-up Rank's pension scheme then sold half on to the Pru. Need I say More!!!!!

[ham28] 21/3/2012 10:52

Guys, it saids in the RNS NOTICE OF TEMPORARY SUSPENSION although it doesn't look good at all, until confirmation of one way or another we are still speculating, who knows blueshore may have pulled a blinder but we will see.

[wipo1] 21/3/2012 10:51

Blueshore a fool and their money easy parted or someone else's! its near the end of the tax year must have bought to suck punters in so they could make a loss on it against CGT.