I would love to know that also, there can be no legitimate reason in my view why you would want to machine gun automatic trades at the ‘Bid’ for £3 a go unless it is to obscure the market and drive the price down (in this instance) or up if you so wished. I guess they can do it and get away with it on small volume days.
Another well written letter to RSR, there's no harm in the occasional reminder that there are investors out there that require a certain level of information from the company, as opposed to stage managed releases.
I think the problem we have is that these bold predictions (Zac Mir) of rising channels etc just simply got smashed to pieces on the last pump and dump to 2.7p. Would that seriously not expect you to reconsider the validity and reliability of charts, particularly on AIM and even more so on Range.
I would like them to work, I am sure we would all be a considerably bit wealthier.
One big point to consider regarding charts etc, if we are being manipulated (as people frequently suggest) surely these people (with massive pockets) would not care one little bit with regards to the chart and I would suggest you can not really have it both ways...Unless the manipulators are avid TA fans.
Also, given the number of different indicators, time frames used, you could retrospectively make an arguement to support nearly ANY price movement.
That all being said. It is nice to be in a general upward trend.
Roll on the Trini update (I predict Monday...using the DI-ary analysis method).
AIM being the utter basketcase it is at the moment, there is no hard or fast rule. Nighthawk (HAWK) for example is producing 2,000 BOPD and has an MCAP of £91m or so, although no idea of what it’s reserves P1, P2, P3, etc or assets portfolio look like.
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