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Thanks O&W - yes I am aware I've seen what they did to some of the guys on BMN. in spite the myopia , willful (or may be just natural) stupidity of some. I'm only looking to shepherd my long position through uncertain times. I won't discuss further not because I have a problem with you at all, just that it attracts attention from the more obviously nefarious liars around. Good luck with your investment here O7W I'm sure we'll get a good result quite soon.
Ophidian
Ophidian, I'm not trying to teach my grandmother to suck eggs, but you must be aware of these spread firms gunning for stops that are out there. Be careful.
Personally, I play on IG, with considerable success, just by sticking to very liquid macro markets - FTSE 100 and Wall St - in particular. My short bias to trading there, leveraged, is a sort of indirect hedge against my long AIM portfolio.
I have been adding back again here very recently, with picky prices. One for the bottom drawer. ATB.
O&W - yes. I expected it to fall further (and it has) and also didn't want to sell my long position and try and buy it back later in case it moved quick and I was locked out. Instead I SB short and now have a stop on the SB below 1.3 so if it pings up I don't lose. I just need to decide when to close the SB now and then buy more shares long on the proceeds and ride the rise that will inevitably come.
Hope this makes sense. (My long position is under water at 1.3 but not by much my average is 1.5 ish. I might be able to reduce that average a bit - but not much if I get my timing right)
Ophidian
"I opened a spread bet short position to cover exactly the holding I have in shares. In this way if / when the price falls (I opened it at 1.3) I have a neutral position lose on the shares compensate on the SB. If they recover I close the SB if not I close the SB and re-invest the money into the shares to maintain a status quo position."
Ophidian, please correct me if I am wrong, but by doing this haven't you effectively gone neutral on ALGW at 1.3p, thus locking in a loss if your share purchase average had been above that before? That may be your intention, of course.
Lulu you're a shameless ramper....leave it to the real investors who've been here a while and go ramp somewhere else....I was kinda hoping your rampy c rap worked so I could dump this one but no one listens to you so I guess I'm stuck holding until the next pump
As you say Ophidian its likely to drift unless action suggested, as possibles, by me and others happen from Monday onwards and the start new tax year on April 6th
I will update the trading position for those interested every couple of days but beyond that I'm a reader for a while until we see something concrete. Sorry folks.
Ophidian
Jeez, well done lulu, wine on your cornflakes? At least Ophidian conveys facts unlike you, the only thing you convey is untruths from your little groups.
Everyone knows the board are watertight, so where's your rns you were so sure was coming according to your little group. Melt
ophy,
don't rise to them... lulu is a fool, mookster is fuming as it sounds like he is in a loss (most holders probably are), apart from them we all value your opinion very much, please keep contributing, thanks.....
you are a sad and deluded little miscreant Lulu aren't you. At least I'm not an out and out Liar.
I opened a spread bet short position to cover exactly the holding I have in shares. In this way if / when the price falls (I opened it at 1.3) I have a neutral position lose on the shares compensate on the SB. If they recover I close the SB if not I close the SB and re-invest the money into the shares to maintain a status quo position.
I was honest with this approach. I'm not trading for beer money as you put it neither am I misleading. I have simply tried to share information around the current trading behaviours you on the other hand - well god only knows what you are really trying to do.
With the number of rude and bitter people continually sniping on here I think I'll just take a holiday form contributing.
Good luck @gile @Hull FC and all other genuine holders. This will come good IMO
Ophidian
Drifting yes unless GS follows up the podcast with some low cost company action like the website revamp or the personal buying of shares. Follow that with a Procctive Investors interview. So easy for them to push the Value up than us with no further news.
It's a win win for them to step on the gas in anticipation of the RCF signing and the $AUM and not forgetting the HYBRID. They don't have to wait around for the travelling to start up, for some very easy PR gains.
Strike while the iron is hot I day ..... does GS realise this ..... I hope so because we have told him !!
we have seen 16 million trades. 10 million sells 6 million buys (Interestingly split almost 50/50 in actual transactions 47/45).
VWAP sell 1.101 VWAP buts 1.13 - the usual MM margin
The MM nett position is now long just under 1 milion shares.
I think we are just going to see drift for the next few weeks up and down in small amounts.
Ophidian