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That trade (buy) of 3m shares, may have been taken this morning for 1.20p but broker may have been accumulating all day to cover it, hence the booking of the transaction at 16:19, and accounts for why the sp was kept low at 1.18p (in order for a profit to be made).
Shares must be in short supply but can be "borrowed" from nominees by arrangement.
Same as yesterday a buy right at the end spiked 1.2078p for 36K, just get the feeling the MM’s are trying to keep it in this range for when ASX opens.
Despite 52 million traded, the vast majority blue buys, I feel the MM’s feel this is what the SP merits until further news.
Lef (whenever I see his name I see Viktor Navorski (the Terminal), the stranded fictitious visitor from Krakhosia... so whenever I read a post by Lef... I read it in my head in that accent...
Anyway... here comes the abuse... but essentially, Lef is a pip trader... up and down... and nothing more.
Hi Lef!
Lef, I apologise, but you really do invite ridicule m'dear.
Perhaps it's where he gets the repetitiveness from, spending hours repeating "Chelsea, Chelsea, Chelsea......." ad nauseam. It's probably now just habit.
I am embarrassed to say that we support the same football team - c'mon Chelsea, time to stand up and be counted!
Lef, 19:16, I'm a patient fellow, but dear god man, enough is enough! I'm not knocking your investment strategy, just your incessant repetitive ramblings. It's interesting reading the posts here, but then suddently there's a blasted book to read, and suddenly you realise you've read it before. Again and again. Get a life Lef!
Lefty, trying to divert from the original point is classic you. Stay focused buddy...
Monarch
jid cw and mon
the volume issue is old hat suported by numerouss charts no one explaced priice up and down on low volume and conveniently forget investopedias caveatt 'should'
hinnsight?/ check my posts
innvestor55
the ramper cw has posted that the £1 party was only a well known LTH joke just as his purchase of 100m shares was a joke or sarcastic remark.
''I'm better than you because I bought 100,000,000 88e shares at. 065 and sold at 4p. My science is as good as yours.'
'pbody the £1 party is a long standing LTH joke.'
csw12
Posted in: 88E
Posts: 134
Price: 0.804
No Opinion
RE: 88E PRICE ACTION17 Mar 2019 18:37
'My original comment 'I have 100 million shares' was a sarcastic remark. everyone here got the point apart from you it seems'
csw12
Posted in: 88E
posts: 134
Price: 0.804
No Opinion
RE: 88E PRICE ACTION17 Mar 2019 13:37
Lefkosia, I hold around 14 Million shares, and have done so since before the spike to 4P. I am in profit right now, and am holding until buy out. That is my prerogative, and having someone like you call me 'crassly stupid' puts a smile on my face''
here's my calculatiion based on 13.5 m of the crass stupidity of of holding out to buy out. it criticises the strategy not you.
csw12
Posted in: 88E
Posts: 134
Price: 0.92
No Opinion
RE: Merry Xmas and a Happy New Year20 Dec 2018 23:29
'Well said Brombarb. As a LTH who got on board before the Icewine1 spud I am often frustrated at the current share price, but I was always in it until buy out. I'm no longer on the 0.65 average I started with due to top slicing and rainbow chasing elsewhere, and I would sell at a loss if i sold tomorrow,'
price at the time of that post was 0.92p! kinda contradicts other posts
csw12
Posted in: 88E
Posts: 134
Price: 1.40
No Opinion
RE: RE: SP18 Feb 2020 20:23
PMSL is a very Lefkosian phrase...
ohh really? never used it dont even know what it means
other gems of observation of cw
'When this moves it moves fast. Don't assume you will be able to get back in on the rise, you will get your fingers burnt.'
oh really?
cw bangs on about volume drives price but posts this gem contradicting it
'You are right, 8m shares is nothing - I know LThs here who have more than that. - crazy when to think that todays price change moved on less volume than some people here hold.'
I was here during the Icewine1 spud and results, we went from around 0.6p to 4p ridiculously quickly on a whiff of oil, and it was hugely difficult to buy in during the rise. I think people are slightly jaded right now thanks to Winx, but one thing I've learned about 88E is that when this share moves (positively or negatively) it moves fast. It's going to be an interesting couple of months.
contradictions posted 20 may 19
'Pheon, I'm on record as buying in just before Icewine 1 Spud. I'm also on record as stating that I'll be here until buy out.'
i do not ridicule posters just let the pri
Been no spike here yet flat as a witches tit lol...
Very well said Monarch!
Please do not feed the Lefkosia. You are talking about someone who compared themselves to Galileo (the world is wrong, I'm right) when they were provided with research from multiple sources (including MIT) that contradicted their viewpoint.
Lefkosia is a narcissistic troll. don't try arguing, just filter
Lefty, and again... "success should not be judged bby my perfoirmance but by the strategy". Strategy and Performance.
How many times have you communicated AFTER an event happened? That's not performance but reporting.
You started here many moons ago by telling everybody they should watch the videos your recommended and taunting it the superior investment strategy beside the fact that many people on this bb had invested at 0.3-0.6 and were up (and still are) many 100% to their original investment.
A reality check...
Monarch
kmon you still dont get it
they bash my strategy, mumbo jumbo etc but also use personal abuse at me
i bash lth not selling 1 share strategy as crass stupidity and back it up with figures to support it
13,000,000 @ 0.6 = cost £78000
@ 4 = value £520000
profit = £442000
@ 1.35 current value £175500
how much of a rainbow are they chasing? half a million in 2 months sseveral channnces to get out at 4p spread over 1 month in march 2016 a cokuple of weeks in aug 16 and june 18
its hardly bs to leave haallf aa milllion on the table not once buuut 3 times iin 4 years having been offrerred a tool in march 2016 to take it off.
its the straategy that iuss crass stuupidity
if one feels ridiculed by foolllowing buy and hold ssso be it bbuut ddont blame me
gl
ive seen no resnponse from any lth that my warngs in march 2016 to lock in profit at 3.5 to 4p or 2.8/9p in june 2018 was wrong
13:50 brilliant :-)
Lefty, take your own words "success should not be judged bby my perfoirmance but by the strategy" and live by them. Maybe by starting to stop bashing other peoples strategy (money left on the table and all that BS). This bb would be so much better without it...
Monarch
mon,
check my postinhg history i did not sell up completely. still invested at sub 1p and 1 spread bet '@ 1.25p £500 a pip
see my posts on this thread
the simplicity of t line rationale and 3 simple rules backed up bby hectors trennd strategy, forrex for noobe horizontal s/r but usung fib to esstablish it anbvd forex 4 noobs risk/reward and money management 2work well for me.
success should not be judged bby my perfoirmance but by the strategy.
best illustrated by thec classic bluues record 'High heeled sneakers'
coverred mmany times by different very succesful singers some excellent, some goood some disappointing
follow the t line not me
gl
Lefty, have you bought back in yet? Your original sell price of 1.25p is approaching quickly. Don't miss the train buddy...
Monarch
Fully agree cd66beta, so another modest buy from me this afternoon on this corona-drop. Buy the lows if you still believe in the fundamentals, but run with a firm stop-loss of your choice.
My moving average 88e-buy highlighted at the beginning of Nov last year is still intact.... just! Very close now to my stop-profit though, I have to say.
There is such a wide choice of approaches to charting/TA these days with literally hundreds of indicators etc available at the touch of a keyboard key, I find half the fun of this game is settling on those that suit one's own style of investing/trading! After much experience (good and not so good) I'm reasonably happy with my lot!
I rarely use charting though on small cap AIM stocks.
Good recovery today given the earlier woes on global markets due to Coronavirus.
Plenty of potential upside to come given what Charlie could reveal - multiple of today's sp definitely possible.
The geology isn't changing and the technology is improving, reading tea leaves is the blind leading the blind.