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It Wouldn't surprise me in the slightest CW.... and we will be past 6p Monday!
If I only knew what that means....
WWTBOOTOTW
As some might say - You don't want to be out of this over the weekend!
On Monday
over 18 million shares traded today that is excellent, will attract a lot of PI's attention, maybe even some news coverage over the weekend
PatShare: You don't need to be experienced - limited or not - to make that kind of statement. It's a given.
Sorry to hear that your investments have not been successful.
Ibiza28 - from my (limited) experience there are NO guarantees in investing!
Pretty much anything I've tried to do by being clever did the exact opposite of what I expected or hoped for.
Much better to hold until a clear profit can be had IMO, whether that be long term or short term, each case on its own merits.
Really do not think selling at this time with intention of buying back in the last hour will work. I can not see how selling now would guarantee you would get the shares back later on this afternoon. If you can afford to sit tight.
We haven't seen this kind of volume since January this year. Good sign.
ATB
Very easy to sell for the last hour or so...can now buy a decent amount for 4.69. Not sure what to make of it.
Once this breaks 5p it feels like we're really in business
Cannot get Buy quote for even £500 worth on Barclays
Expect another large Buy order being worked on
Oh yes. Next move Up could take a lot of people by surprise.
MATD has a history. When it moves, it moves fast due to lower number of shares about.
Next week should be in higher price bracket.
i think this movement now is a treeshake, i agree the earlier move was down to some selling and panic sells fully expect to test days high again before close
Buyers are clearing up the sells.
Next move up could be strong.
Not a tree shake.
Drop from 4.8 to 4.5 is due to some people taking profits, nothing wrong in that if you are in it for 10/15/20% gains.
One seller sold 1.5 million shares over 5 trades in 36 seconds, that’s a lot of shares for a company like Matad which caused the SP to drop a little, that drop incited a few other sellers which caused a further drop to 4.5.
Those sellers are now gone, people who are in for the potential multi bags will are not interested in selling at 4.5, people who want to be in for the potential multi bags can now buy at 4.5 (probably higher buy the time I finish typing and post this)
Its all about risk reward, at a share price of 4.5 Matad as limited risk and lots of reward potential in the short and long term.
IMHO/DYOR
Last time Matd went to 9p this time hopefully 20p+
Probably see big delayed buy trades after hours again today
around 50%.
Considering the outlook which PM (and its SP) present and my holding out for around 11 years: That just ain't enough!!
I'm going for much more and I truly believe it will happen.
As TSSZ correctly mentioned: Hold on to your shares!
I am convinced the day will come when I can once again conclude my posts with "in matd I trust" (and then, whoever takes offense can k.m.a.).
ATB
MM now trying their luck with a tree shake, getting rid of the weak ones, then push the SP over 5p, hold on to your shares
I think this rise and those buys are people getting for FOMO, otherwise we would have seen 5p by now if it was anything else....patience required.
With this good kick in over the last 3 days, going up from 3.72 to ~4.60, it may be a possibility of a reversal chart next week and opportunity to buy more! However, if news are really around the corner which I hope so, then will carry on buying at this price, I'm holder, here for the long term prosperity, not short term wins!
Looks that way....MMs got a sniff probably.
News is due anyway. MCap been low far too long since hitting over +9p after the Exploitation licence last year.
With DQE news confirmation RNS we could potentially see a 100% rise on the day with more follow through therafter as Market finally gets confirmation we on our way to generating loads of cash $$$ from Heron oil field for coming decades
Fair enough - although anyone who buys or sells based just on BB comments shouldn’t be investing in the first place imho - I also agree there’s no need to post identical messages too often as they will lose their effect but I do suggest from twenty years BB experience (I had a different account here a while back) not to take comments too personally and a holder is entitled to ask questions or become impatient - personally if this happens to me I sell up and move on..
Claiming to hold shares but continuously negative on a share. Every board has one.
#transparent