AIM shares can move really quickly on good news. Was in Solo when it went from 00.25 to over 1p in a matter of weeks. Also LGO when it went from .070 to nearly 7p in a few months. Think by the end of the year AEX and Solo with be a fair bit higher than .0022. Tanzania moving forward, first ever income round the corner and HH news in the next couple of weeks. Just sit tight and average down if at all possible. As always IMO
The big mistake on any of these boards is to think that people are being helpful. Every single one of us have our own agenda and the posts we pl,ace are intended to do one of three things. One. To encourage people to buy so the SP goes up and we can sell. Two. To encourage people to sell so the SP goes down and we can buy. Three. To attempt to keep the boat steady whilst we make up our minds whether to do option one or option two.
They say that the boards contribute to sentiment. Maybe they do and I have seen instances where there has been virtually mass hysteria to buy a share (not SOLO I hasten to add). They say that the SP is made up of one third sentiment, two thirds fundamentals. Personally, I try to ignore the boards as they are there to entice you into a mindset. Always look at the fundamentals.
From my point of view, I see Solo as moving towards becoming a producer rather than an explorer as a result of Kilwani. If payment terms are adhered to, SOLO should be receiving actual money soon from the gas sales in Tanzania.
I'm not sure what is happening Animex but that will come out in the wash.
See, two points raised. One to keep Solo positive, the other to keep Solo negative i.e. I am with the SP where it is until the future becomes clearer.
Number one rule on AIM, do your own research and boards aren't research.
This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016. The FCA have finally replied, saying its nothing to do with them as they only deal with market abuse & insider dealing, now is your chance to have your say.
If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.
My local MP supported this petition by writing to the petitions committee to help un-stall it. There’s 650 MP’s in Westminster, So have you written to your MP? 649 to go! If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. ONLY 8 weeks to go !!!
So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so.
I agree. This is not a short term money making venture. I have been here 5 years and will probably be here in 5 years time, ready for retirement. If SOLO makes money for me by then, then great. If not, then I will re-evaluate. We've all invested our hard earned money and we all want a return, but if you are a long term Soloer then you have an abundance of tolerance.
Burn... You cant blame other people for your profit or loss,,,, they did not force you to hit the BUY button,,, that was your choice !! I have bought and sold at my own times... I am currently down by 66% on 1 of my portfolios but only down 1.2% on my ISA portfolio with about 18K total invested...it has all been my decision to buy and sell just as its yours.. Remember YOU ONLY LOSE IF YOU SELL AT A LOWER PRICE THAN YOU BOUGHT AT. Put them in your bottom draw and come back in 6 months or a year and see what has happened then ??
Me currently down by 78% due to certain people on here talking this Sp upwards and I can see what good that's all done. If any experts on here know when this Sp will be back around 1p do share ad I will be cutting my loses and running as fast as I can away from aim.
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