Providence Resources Share Discussion Threads

[papillon] 15/8/2019 10:38

I've just posted the following on the LOGP bb.

papillon
15 Aug '19 - 10:05 - 6551 of 6555

As I posted last night, after reading back through momentum1's posting history, he's a serial ramper. He seems to pick on a couple of new shares every day where news is expected (or hoped for) and tries the old pump and dump game. He possibly bought shares in LOGP and then spreads the rumour that the money has been paid (possibly on twitter first and then posts on the advfn bb that he has seen the rumour on twitter and thought everyone should know!) hoping that the small buyers will start buying in their droves resulting in a rise in the small cap share price (which happened yesterday) so that he can then sell before the close for a quick, juicy, profit. This is not unusual on AIM with small caps where rumours can move sp's. Sometimes he gets it right and an RNS is issued the next day, but that's rare. In the case of i3e there was an RNS the next day, but not exactly the one he was promising.

Will momentum1 refute my suspicions? Will he defend his reputation?

papillon
15 Aug '19 - 10:27 - 6553 of 6555

momentum1 is concentrating on RLD this morning. He's already made a number of bullish posts this morning and the small cap share price is already taking off. Look at the RLD bb and chart.

papillon
15 Aug '19 - 10:32 - 6554 of 6555

The RLD share price is already up from under 0.7p to 1.ip on no news. It's a sub £1m Mkt Cap so ripe for a pump and dump. This happens all the time with these small caps on AIM. No doubt pumpers and dumpers make a living out of spreading rumours.

[funtimejonny] 15/8/2019 10:34

Had a quick look GD. Was going to get back to you a bit later today. Don't think its one for me at the minute but will keep my beady eye on it and do some further research. Have been really occupied last few days clearing out me shed and the cellar!

[ken chung] 15/8/2019 10:00

Nice drop today.

Lemmings and mushrooms only.

[greatfull dead] 15/8/2019 09:29

Ftj,

Off topic, did you look a what I mentioned?

ATB,
GD

[ianio5691] 15/8/2019 09:27

Its excruciating Jonny.... But its par for the course holding these!

Lets hope we are rewarded.

[funtimejonny] 15/8/2019 09:21

That seems logical Ianio, though the long wsit is frustrating to say the least.

[ianio5691] 15/8/2019 08:58

Whilst I too am incredulous at this unprecedented delay - I find it difficult to accept that this is the elaborate scam some would have us believe.

I presume there has been a deliberate delay on behalf of some aspect of the Chinese consortium, until the Permit was officially granted. But, would they really have their legal team provide evidence of transfer, HSBC confirm transfer, and provide evidence of money having left their account if it were not true?

Whatever the reasoning behind it, I remain optimistic the money will come, and for that reason I continue to hold both PVR and LOGP.

[hermana3] 15/8/2019 08:40

Tis a twitchy market and this can't go on any longer than next Monday. If no cash by then need to start fundraising

[itsriskythat] 15/8/2019 08:35

My thoughts too, as the price move was triggered by buys in Lansdowne.

[hermana3] 15/8/2019 08:32

Just shows how a tightly held stock can be manipulated!

[greatfull dead] 15/8/2019 08:29

Twitch twitch...

GLA,
GD

[filterwest] 15/8/2019 08:28

Classic P and D

[donkyman] 15/8/2019 08:22

And I bought more in the last few minutes... what a mug I am lol

[archlight] 15/8/2019 08:20

Yes considering HL would not give me an online quote to sell 50k in the last five minutes of trade.

[ngms27] 15/8/2019 08:18

Manipulation of the highest order by an organised rip off team.There quite simply is no news, they got the share price to move, got the shorts onboard at an inflated price and will likely be out today if they aren't already.

[mcbull] 15/8/2019 08:17

well those weren't chinese whisper buys at close yesterday as they seem unable to get money out of the country to buy stuff....lol

[currypasty] 15/8/2019 08:14

Didn't those 6 x 100k sells at 9 ish just before close yesterday do well then

all sounds a bit fishy to me

[romeoandjuliet] 15/8/2019 07:53

So if the cash has reached APEC - it needs to make it to Ireland next

[raisethestake1] 15/8/2019 07:27

The freshly squeezed orange juice in Malta may not yet be at the required temperature.One must respect various timezones also.

[hermana3] 15/8/2019 07:05

No Golden Nugget yet,NK!

[notaskanger] 15/8/2019 07:02

Y,all awake

[hermana3] 14/8/2019 21:11

Westie, Old Chinese proverb say " Extremely slow cash delivery is better than no cash delivery". Potty been scrubbed clean as a whistle and those bicycle clips back in de drawer....