moni is slowly taking all over the world and all the banks with its mobile payments and visa don't like it and thats why they are leaving us and they taking moni's information with them to create their own mobile payment
www.shorttracker.co.uk/company/GB00B1YMRB82/all short interest is now 1.31%, comparable to 1.72% back in may 2014 the sp was in the 50's before the shorts brought it down, i'm not saying the sp should now be in the 50's but it should be alot higher than we currently at so we should expect a huge bounce or a re-rate soon or later
the upside is huge and downside is limited, if moni do start to make a profit in 2017 or 2018 sp will be at least 45p and the sp did go up to 80p with a market cap over £1 billion when moni was not even making a profit
the upside is huge and downside is limited, last chance to fill your boots at 7p today or maybe 2morrow if you're lucky, lucky for people who bought around 6p today and 5p yesterday
26 million buys and 15 million sells so far today, own up now who been buying? omega? ibm? mastercard? or santander? its really keeping me in suspense
i like of gains between 5 and 10% everyday which is healthy and good, but 30+% gains is bad then everyone will sell and not least the shorters will be back at their game
microsoft or alibaba could bid for moni then they can have a share of the contactless mobile money market in europe, middleeast and africa
this reminds me of TW. and TCG when their sp were in the pennys, now look at where their sp at, hopefully the same happens to moni
TA looking at the charts sp should soon go above the 50 day moving average which is 9p so sp will be 10p soon, sp have been above the 50 day average many times before like last september, december, march and june, you can see theres a pattern on the charts and you know where the sp is heading
more than a dead cat bounce, sp went up because omega and visa have stopped selling and shorters nearly gone, at this sp its a gift from the shorters, omega and visa, the 16-18p gap needs to close/filled so the update in september will have to be good