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He also said on 20 Feb 2024 at 11:47
"RNS Friday strong buy"
“Got a strong feeling RNS tomorrow morning”
And 4 people liked this post, LOL.
Wrong board 🦉
Let us see if my prediction come thru - people like to say I wrong so many time but forget I did get Cabinet RNS correct within 24 hrs - I am CONFIDENT!😏
Also ignore FB poster on Dornod govt site if you like but confirm what said about permit signature from governor. 🦉
Some much for your strong feeling cybertron
Header say all and believe this is so which RNS will show!
We have Dornod Governor visit Matad Sum over weekend and comment that Permit Signed.
Psters here say 'do not believe' which we expect from them (lol) but fit in with all developments of Governor support, Matad Citizen group support, Header compensation agreed & cash in account we see in Dec 19th RNS - believe or not is investment decision & choice investor will make.
"Very soon" & "Shortly" not mention in this words for no reason I think!!
British Ambassador Ms Fiona Blythe interview in Bloomberg Mongolia posted today (check if someone want to get post ban because it upset there own trading) - she talk about Renewable Energy supply for Mongolia and we know she meet up with Mr Mike Buck for meeting recently & working close together.
twitter.com/BloombergTVM/status/176196309735709075
All look like things about to happen here with all developments pointing to this & SP VERY OVERSOLD to make perfect entry for investors to take position before RNS (make own choice).
Obviously we see this Transformational RNS will open up multiple RNS after RNS flow with Operational progress as company move to landmark Production / Revenue Generation status to attract Bigger Investment.
Some trader here very busy over weekend and try best for own selfish reason to stop people to buy & will still be busy lol - make your own choice! 🦉💰
He end of February is in sight, and so should the RNS be!
Is it this week? I hope so. The end of February always felt a little more realistic, with a March RNS still just about acceptable. Elections looming. This will be entering the last chance saloon stage within a couple of weeks more.
MB - "Stand and deliver, Your money or your life" (job!) - as Adam Ant would sing it! Get this RNS out of the seized up and stagnant Mongolian government bureaucracy!
Got a strong feeling RNS tomorrow morning
Mr WOS, he like happy ending, Sir(s)
Buy shoe(s) after shoe(s) give less and less happy ending, Sir(s)..
Mr WOS prefer the real thing, Sir(s)
If we get the last signature,what do you expect the sp to be?
Will it only🚀when we start producing?
I make post about company maiden dividend to give return back to Petrovis. Will not happen this year of course but think will be spoken about which will bring those large invertors in. Then things very different.
🦉💰
I think I am in good position sir because I have my investment timeframe & this means do mitvreally have focus on shirt term price.
Think lot of things change when big Institution / Fund start to take position & bigger private investor who understand development plan where company heading.
I make
Doc 83 : "If there is a positive or negative RNS, for example, the signature or a cash raise, the SP will shoot wildly in one direction or the other."
Yes - but that's only half the story. If you were looking at charts then you would see how pronounced the spikes have been after an RNS. Yes, the price can shoot up in a day back to let's say 8 or 10p, but then in the next few days it can come back down again to say 4p. Have you never asked yourself why this happens time and time again ?
I read the comments every day of people day trade small cap Nasdaq tech stocks, and every day there are huge % movers upwards on ' news ' which they trade to surf the wave - but often the price then jack-knifes down just as suddenly on a flood of supply as people exit. Each day there are a number of Nasdaq stocks which do this, and always on ' news. ' The day traders are using their scanners every morning without fail for big % gainers on high volume, and are making their scalp trades off the back of it. Then the next day they move on to the next % gainers on ' news...' They don't really care what the company does - only that there is a new release on that day which creates high volume.
Who benefits when MATD starts pumping oil?
China= imports oil refine and resell it back to Mongolia =profit.
Mongolia government = get tax on oil production+ in near future Mongolia becomes oil self sufficient + MATD may find more oil discover which can be exported to china.
Locals= get help from petromatad.
Stronger petromatad a bigger role it can play in Mongolia whether finding more oil discovery which can help Mongolia/china.
For those reasons I can only see LP granted a matter of time.
And if we get an RNS announcing fundraise at 1.5p you can buy at that level.
This is aim. The world of fundraising, hope, missed promisses and where your starting trading position should be short...
The follow the garbage "research " on LSE to trade around the short on sentiment and bit of technicals.
Shorting is less risky (on aim) then long if your risk management is in order. Cheers. See you tomorrow at RNS time ;)
"Anyway, as the charts seem to tell you everything, will the SP be higher or lower by Friday? "
I don't care about price action on a daily basis when there is no ' news. ' It's when volume increases that the real action happens. Right now there is support at between 2.8p to 3p - like I said, in periods of low volume the MMs are happy to take it back down to deeply entrenched support levels. If there is a positive RNS, then there will be another spike to between 8p to 10p very likely, so that will be the opportunity to exit that you are now waiting for....
“I don't really mind you - some of your input is quite useful. I don't think you deserve the flak that you get on here.”
LOL. So you’re happy that WOS goes over to other boards criticising and mocking them? And you think the fact he tries to belittle anyone and everyone who has an alternative view is all good?
Anyway, as the charts seem to tell you everything, will the SP be higher or lower by Friday?
Both need a lot of words to say exactly nothing.
One on "fundamentals" other "technicals"
Investor - that definition of a “weakholder” is a new one on me. Point me to where I can read up on it.
You can talk about charts all you want. If there is a positive or negative RNS, for example, the signature or a cash raise, the SP will shoot wildly in one direction or the other. If there’s no news, it will drift off, just as it’s doing. There’s no scratching of the head from me.
Doc83 is a very annoying person I have to agree WOS.
I don't really mind you - some of your input is quite useful. I don't think you deserve the flak that you get on here.
As tactful as ever I see Doc83. FYI a ' weakholder ' is someone who is locked in, as they bought in below the current price level, and doesn't want to exit with a loss. Usually they've been locked in for quite a long period of time. So they hold on until they are no longer underwater, and then on the next spike driven news they exit as fast as they can with a great sense of relief - maybe if they are lucky with a bit of profit. This is a big supply factor when the price suddenly spikes - as it has done on every single MATD RNS release to date. Add to that the high level of supply when the traders make their exit with a quick profit, then you can see why the price can jack-knife very hard after the spike.
In fact you have already announced on here that you will want to exit for good on the next move up - so your comment merely shows that you don't understand what I wrote. You have already said that you know nothing about charts, and it's obvious to me that you have no idea at all about how price action happens with these kind of volatile penny stocks. The pros behind their trading desks would just smile at your total lack of understanding of the basics such as support and resistance levels etc and other technical indicators which they spend every day studying for any stocks which interest them.
To date, the price action with MATD has nearly all been driven by short terms traders, with ' investors ' like you scratching their heads as to why the highly volatile price behaves the way that it does....If you did look back at charts you would clearly see that in the months after an RNS, the price always drifts lower to very well defined support levels on low volume. This last time since the late Dec RNS has been no different at all.
Like when you was talking share down in multiple multiple post every day - but secretly BUYING! 😂
You get caught out when your cannot help boasting after and then say "all fair in love & war" lol.
Look in mirror first Mr Doc!!
🦉
“or when long term weakholders (like Doc ) decide to exit with some profit.”
Me?! Sadly, I’ve been long all the way MATD. I wish I had been a “weak” holder and sold out on the peaks over the many years I’ve now been here.
Oh, and Investor33, you don’t half talk some utter bo11ox!
BP - personally I don't believe for one minute that there will be a smooth upward trend if the next RNS confirms that all is sorted. These kind of small cap penny shares just don't behave like that, nor do they do this on the Nasdaq.
Whatever the next RNS says, expect huge price volatility to continue. If it's good news, then expect algos to be triggered, traders to be alerted when they see how much % MATD is up on the day, and then watch them pile out when they have made their quick gain. We've seen this happen time and time again on an RNS release - a large spike up, and then back down again just as dramatically when the trading desks sell en masse, or when long term weakholders (like Doc ) decide to exit with some profit.
On the other hand you can get shorters ( supposedly like Professional ) who might be leveraged, and are ' short squeezed ' with margin calls, meaning that they have to buy back quickly, which can then send the price spiking even higher. Often they place their short trades near previous resistance levels, which are very well defined with MATD. Either way, it all results in volatility. The problem is that some people think that buying a penny stock is like buying Shell or some other blue chip. Having said that, anybody who bought Rolls Royce shares a in late 2022 would already have a 500% multi-bagger, without ever having to worry about Mongolian land laws.
Happy to wait for that