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Also very valid comments dealts, as many of us know the unpredictability of Centamin is the "norm", even so it can still be frustrating, even worrying, but knowing that you are not alone and can express concerns amongst fellow investors can be of great help indeed!
As many of us have agreed in the past this forum is unique because unlike so many other forums it is about offering support, help and real information to its members.
There are many alternative web forums for those who wish to brag about trading successes and ridicule others who admit any failures or even ask reasonable questions.
As you say we are all looking forward to that golden flip flop party, although it wouldn't be so much fun in isolation!
With the appointment of a very competent CEO and the other changes that are still being put in place we can at least remain very optimistic about the future of Centamin.
Tibbs
Very fair comments Prof,
Although Mizolgit is brief and to the point, but as always hits some nails on the head!
I know when I get fed up with the unpredictability of the share price I rant that it should be higher,surely it is better to voice your frustrations here with other like minded investors and to know you are not alone has certainly helped me in the past! So as far as I am concerned if it helps Bobliz35 to do the same with his trade strategy then why not!! After all we are all trying to navigate through this investing minefield best we can hoping to find those elusive golden flip flops. Maybe one day!!! G.L.A.
Bobliz35, I am quite happy to hear your trading history. It is useful and informative to me. Here follows a list of my 2020 trades (joke).
Hi Bob,
For a whole host of reasons, sometimes a post hits a raw nerve with other posters and they write something that it easy to take personally.
I have certainly greatly valued your posts over the past couple of months since you have started to actively contribute rather than just following the board.
I do hope you will not revert to 'lurking' and will keep posting. Your insights and thoughts are too valuable to be kept to yourself.
Best wishes,
Prof
Apologies mizolgit I certainly wouldn't wish to offend anyone here or rub raw nerve edges with my posts as evidenced by your taking the time to post your comment.
Have retreated back into lurking .
Kindest regrds
Isolated Bob
You do annoy at times. Then so do I and others.
Your first paragraph says it all!.
No big deal, many annoy me including Tibbs at times.
We do not need your trading history,thank you.
Mr Tibbles
First of all I do not have perfect foresight on markets and nobody has that quality. What I wrote this morning was instinct opinion. Perhaps I should not comment as much as I do.
As for Covid-19, Prof John Newton from Oxford was with Health Minister the other day in one of the daily briefings. I briefly worked on a project with him two decades back. They have excellent people working on the problem in far greater detail than any of us are being made fully aware of and they are more competent than myself. I should emphasise healthcare staff continually professionally develop to maintain their competency and skills. Anyone who has retired for a number of years would feel like they are Britain's last hope on a recall unless they were out of practice by a year or two.
Those going into the Nightingale hospital in London are away from their partner and families are required to stay in a nearby hotel. It is not just the issue if they have the right PPE, have up to date competency, do not have health issue themselves or looking after someone who is vulnerable and needs their attention, but also having the emotional bravery to take on a challenge knowing one mistake could harm a work colleague, patients as well as themselves. They are all heroes going into that scenario. I certainly could not do what any of them are doing.
I missed a chance today to add to my holdings in Cey I did predict to myself a limit buy order in at 132 .7 which would have been filled and then a limit sell order at 128.8 or 9 which as I trade in 10000 blocks would have added about 130 extra shares to my CEY holding. However the POG holding above 1650 rather unnerved me. Oh well but once bitten (past life) twice cautious.
In hindsight was a no brainer but I have a PhD in that. I am also mindful that the boredom of the present can lead to injudicious decisions.
Keep well and safe all
Isolated Bob
I agree after such a strong start the pull back this afternoon is a little disappointing, although not out of the ordinary as Centamin is a contrarian stock that often defies market logic and then surprises just when least expected!
As any long term Centamin share holder is well aware, trying to work out the logic of Centamin share-price movement is a waste of time for most of the time!
It must a been disappointing to have no less than four buy orders passed over this morning, although tomorrow is another day and there is a 50/50 chance that your gut feelings will be proven to be right, or wrong as the case may be!
It must be greatly advantageous to have such incredible foresight and understanding of the markets which has possibly enabled you to accrue some very considerable wealth whilst others flounder and fail
Although it is always worth remembering that on any forum the posters that desire admiration can be anything they want to be anonymously, especially if skilled at gleaning the relevant information from the web and reposting it.
I make no accusations or assumptions, but I am curious why someone with such understanding and foresight of the markets, who must have enjoyed some considerable trading success and also being former medical professional with specialist virus related understanding isn’t now helping the NHS to combat Covid-19 rather than posting on a forum of mainly retail investors?
Good to those who are running with it but after my 4 buy orders were all jumped over this morning, I decided not to chase the stock. In principle I do not like significant chart gaps and I question the rally. Its a gut feel when I look at biased gold articles that all overly bullish. The other day you could not buy any precious metals as none had been delivered as the system for delivery was affected by Covid-19. I just feel its a false market out there and not just in precious metals. The only sectors like staple foods and health should go up. Everything else is in a logistics mess with little end point demand.