Good luck Spud. Sorry to hear about your losses here. I'm �10k down and it hurts! I'm done with AIM now as everything I've gone into has turned out to be a dog. TRP, STGR, OEX. All of them appear to be shockingly run and don't give a toss about the shareholders. I've gone back to FTSE companies. Slow and steady wins the race and all that. Long term you have a much better prospect of making money and the dividends are also nice. All the best!
The day they landed and started pumping it "Meltdown2015" said that he thought it might drop back to 0.50p as history has shown this falls back if there is not s steady news flow. The tore him apart for his comments, bordering on insulting. Well who proved to be right here. It's just a shame those posters aren't still on here to apologise to him!
I'm all up for people's input. It's just the way they go about it. It's like they land here on the day of a big rise, all start pumping it making out its going places, next best thing since sliced bread. Don't miss out etc etc and then if a long term holder or anyone expresses a different view or airs on the side of caution they pounce like a pack of wolves saying "deramper", "be careful, they're not a holder just trying to knock it back to get an entry" etc etc. Then like a big storm within a few days it's cleared and they're nowhere to be seen.
Personally I appreciate the input from the likes of Bonkers, Greece etc. If their views, charts etc. are that outlandish say so as they're posted not after because they haven't played out 100% accurately. Before long no one will bother giving an opinion.
Yes I've followed bonker's posts, have even got into debate with him over the years. In short listening to what he say's, if he isn't trading the 10 or 20%'s and nice opportune spike days off lows he would be in the same situation as many of us if continuing to hold after the ridiculous chart reading ramps he quotes. Clearly he is trading and I guess the key to investing is making money which it seems he does, the annoyance is leading others to assist in the pump. I actually feel that there is group doing this having watched him and others arrive alongside since my first experiences here and stgr, the likes of mxo etc. You can't knock someone for successful share trading, its what we would all do, again the annoyance is that in aims its played and unless you know how to play it we become stuck in the drops. Using bonker as example, he was here when I entered years back, my average was 3.6p, I believe his was in 2's if I remember and he was gone in 5's whilst others were waiting for lots more and it hit 12p. He has returned here more than once as he did in stgr. This time around I believe (not 100% sure) it was a £48k trade in either .4's or .3's what and how much he sold, repurchased etc towards or on spike day to 1.4p is anyones guess. But another example is he could have quickly either taken £24k profit, even £48k profit or many other combinations, then replayed with the group. obviously you need to have a little knowledge / confidence in what you or even a group are doing to hit one such as this with £48k, but that's where/why the likes of bonker seem to be doing very well and us as we are.
Fingers crossed this will come good again and we can get some of our money back. For me it hinges on either sorting out the GSPC debacle or someone comes in and ploughs a lot of investment in here such as Magna. Possibly even a buy out. I'd hardly say that 77 was "proof on concept" and I think we're some way off getting commercial flow rates from Cambay. As for Canning... I'd love to know what's happening there!
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