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would bring a tear to a glass eye...what are you like, I hardly slept that night.
Have you tried cycling? Sorry, I'm too dunb for that lol.
The only point to my ramblings, especially when still working, sigh, retirement a year off -- was I'm no shorter here and I can spot a good company imho, like ARM. In fact, I did short once all them years ago with a high multitpier to cash price and got stopped lost out at 15%!
Anyone seen Tullow Oil today, I remember them back all those years ago.... what a 15 year graph and awful day that is.
Surely he can't be expert enough to go from 16p to 46p with SolG and sell at the top.
You seem an Expert...……...
what a story... a 40% drop....well i never that's just not fair is it....no wonder its taken you 15 years to muster up the courage to invest in another company....what you have just relayed would bring a tear to a glass eye.
Have you tried cycling?
Ok on reflection I can see why you guys all think I have other motives here. I did think when I asked the question if I might put a few people off so it was probably a daft question and not a good start here.
Just for brief background. I only purchased £5k of shares at 22p very recently after a few weeks of studying a few mining and tech stocks. I bought a bit less of another company.
After seeing how this one settles price wise and feel more confident, I’ll buy another £5K and that will be it.
My caution is borne out if ‘trading’ many years ago after being sucked in by a friend and learned a lot the hard way.But it wasn’t ‘investing’. My last ever trade was a company called Arm Holdings around 2004. They did T20 contract notes back then were you didn’t have to settle until 20 days after buying. My favour growth share was Arm and on one evening I bought £30k at roughly 93p each at 4pm and at 8am the following morning they had a profit warning and dropped 40%. I couldn’t keep the shares at the £30k level due to personal circumstances so took the hit.
I never bought another share since that day until now and grimaced each year when I looked at Arm prices Hence my caution now and not ‘trading’
I recall two other shares that were heavily promoted at the time, Minmet if any of you recall in the Mail on Sunday...went bust and Eurasia Mining, who seem to be on a bit of a run after all these years.There ends my story, believe what you will!
Another great aim company! What a coincidence
@FB your mention of Chartist certainly fits with the writing style. In a previous guise a said named poster used to haunt this BB as well..
Related to an RNS released this morning from another AIM company.
Written by the CEO.
"Someone pointed out rightly, I believe, that no single negative poster on a bulletin board can drive a share price lower. Bad management, market sentiment, lack of communication to shareholders and ultimately sellers drive a share price lower.
If you don't believe your own research or existing shareholders and management are not prepared to put their own money on the line, then you should not be invested."
I'm Brian and so's my wife
Cant believe the shorting gang pay these muppets to come on here and talk utter gob****, probably on zero hour contracts and funding a nasty coke habit like our friend Cappa :-)
All hallmarks of a long term holder Lord Monty.
alwaysone - so far you have issued a chartist scarer, a desire for an sp drop and accused someone or other of ramping but not mentioned deramping. You aren't convincing me on that opening effort. good luck with your investment if you have one.
fatbanker - I only bought in under 2 weeks ago......and yes, I wish I was. OK, back to work ..
Sanchez599 - I am new on the board, joined just yesterday. Everyone has to start with zero at some point. I def won't be ramping on any share on here like some I have seen.
I am a LTH and I am the Lord Montagu of Beaulieu
Course you are Mr No Posts. You must think people were born yesterday.
Good info thanks. I’m a long term holder and if 20p becomes available, will top up again as love the fundamentals and future on this company.
The savvy long-term investors never chase stocks up but Instead use a couple of simple strategies in order to position themselves. One is to find a stock no one immediately sees has huge potential and accumulate. Long-term investors are not interested in trading. That's where the majority of the money can be made but even more can be made if the base of a stock is held extremely strong by investors. The second is NOT to doubt the research, which is the underlying basis for going long & holding.
More investors are winning the game despite all BASHERS that float through the Internet that has become part of the game. Floor traders of market makers often watch bulletin boards in order to follow the market during trading session.
(MMs) don't use fundamental & technical analysis. However, what they do realize is a lot of dumb money does use this newest nitch charting or TA (Technical Analysis) to run a stock either up or down.
To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public & dumb money eat out of their hands. Effectively, MMs can show a STRONG stock growing WEAK by manipulating the CLOSE PRICE in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honouring orders to hold a stock price.
MMs follow a simple code of business when market making – stock level they seek that yields the most volume. Now this is very important because they make money on the VOLUME buying at the BID and selling at the ASK.
In other words, by making the market they are buying low & selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $83 or at $0.23. All they care about is the action thus being able to sell stock at the offer (The high) & buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
Does anyone have an opinion on this aside from what the graph says? Aside from traders seemingly selling since Friday due to it as many treat as gospel, I don’t!
Bushveld Minerals Limited (LON:BMN)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $23.81 and traded as low as $21.00. Bushveld Minerals shares last traded at $21.50, with a volume of 1,096,886 shares changing hands.