RE: Tall Chap
20 Feb '13
best guess: down to 3.xp by end of week imv....but this is an AIM tiddler...anything can happen
all opinion only of course
(& I haven't even got a short on it tant pis)
garynPosts: 24,876
Observation
| Opinion: | No Opinion |
| Price: | 5.45 |
jollyspeculator
20 Feb '13
Definitely was a stroke of luck, although would have been stopped out on open and likely would have recouped the loss now anyway. Always hard to tell how far up they'll take it, but that selling into the rise this morning was what made me very confident and ended up shorting a larger amount than i was trying yesterday anyway (still not a fortune as wouldn't risk a lot on an AIM short!). ATB.
well done, garyn
20 Feb '13
lucky break IG not allowing you to short at 5p last night lol
best of luck here & elsewhere
garynPosts: 24,876
Observation
| Opinion: | No Opinion |
| Price: | 5.50 |
Nighthawk
20 Feb '13
This seems to be one of their favourites for doing it, although haven't seen it happen here for a while (mainly because you need some news or expectation of news to help get it going). Seems to me that a bit of hype around news coupled with some quick bursts of 'a' trades to wipe out the ask are enough to get it going and it snowballs from there, then you carefully sell into the rise. Works better here than most due to the number of shares in issue and can move it on very little (to wipe 1 million shares off of the ask in total at 5p you'd only need £12.5k in your DMA account), although they probably have to be a bit more careful selling into the rise than they do elsewhere. I could be wrong, but that is my reading of how they generate these rises. ATB.
desdrummondPosts: 450
Observation
| Opinion: | Strong Buy |
| Price: | 5.50 |
puntland
20 Feb '13
its about puntland.... Rrl and rmp have always been leaky ships. I expect horn will react soon imo.
stepptoePosts: 6,028
Off Topic
| Opinion: | No Opinion |
| Price: | 5.50 |
garyn
20 Feb '13
i will start off very small i was tradeing bp before xmas it was ok little and often comes to mind
TOOTTOOTPosts: 3,082
Off Topic
| Opinion: | No Opinion |
| Price: | 5.50 |
oilbonanza/shadow
20 Feb '13
Still got it running. Will keep it covered until it hits 4p at least. Not nervous at all. I just feel sorry for all those who got spiked on this sh*t share.
ShadowTSPosts: 2,186
Off Topic
| Opinion: | No Opinion |
| Price: | 5.50 |
garyn
20 Feb '13
ha ha. Spot on mate. There is some profit to be made here. RRL went up on news and have more than this going. Can't see this holding much of the recent gains.
iamrichPosts: 66
Observation
| Opinion: | No Opinion |
| Price: | 5.50 |
Wil be going down from here
20 Feb '13
Think its done, could be back to 4.5p today/tmrw.