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Craig/Bitcoin,
I think your right.
I wasn't planning anymore purchases until after Christmas but I may have to think again at these levels, even if it's just a few hundred quids worth.
paint the kids room.... :))
A lot of shares seem to be dropping below the last raise price.. ECR has halved....since
Reason is sentiment is down.... A lot have taken their medicine and a step back and the drop has tempted others to do so...
An IPO ATM would be a disaster ...... interest like your wife asking you to pain the kids room when you've had 10 pints of Peroni a a 5 course vindaloo .....
maybe I am crackers...just been sweeping up here and elsewhere... Spring 2022 the world will be a better place....
Now is the time to fill them boots...... auto pilot sweeping..... https://youtu.be/3REmfMKhlO0
Tempted to buy more myself! Placing at 1.75 only a few weeks ago and so much on the horizon here.
Rigrat,
I think you have answered my question.
You are a resident of "fantasy Island"
Good luck!
PS it looks as though rigrat started buying on 02/11/2021 and sold on 01/12/2021 ... maybe 20 trading days?? He held the stock in a pullback period and at a time a new virus variant was around. I think some are looking to hold this stock for more like 20 trading MONTHS. I certainly am and I think it is going to take that length of time as a minimum to get a solid return here.
That rigrat is something else ... best to be ignored by anyone looking at these boards. rigrat offers nothing constructive whatsoever. Just your typical investor who gets overly emotional when a share price drops when it is absolutely obvious to even the most amateur investor that the who junior resource sector is in a pullback phase.
This is the time to buy shares in company's who have continued to progress their company during a pullback phase. rigrat seems to think progress is measured solely on short-term Share Price movement ... completely wrong! POW is in a fundamentally strong position and is positioned very well for the long term in my opinion.
Thank the lord. No more nonsensical posts from you hopefully :)
Enough is enough, this isn't a share its a lead balloon and as it drops a feeding frenzy is created by the misguided investors who convince themselves that the drop is an opportunity to create future wealth when a dart hits the bull. I am fortunate that I can stand the loss ,I'm out, MMMmmmmm
felix "paul Johnson speeches,he himself said mining is like throwing a dart at a dart board and
trying to hit the bull." It is a lot easier to hit the bull when you have 14 or so darts to do it with
Felix,
To be honest I don't really pay that much attention to the charts, I suppose it all depends upon whether your looking to invest long term or trade, and I think there's much better trading shares than this one!
The whole mining sector has taken a "bit of a bashing" since last Christmas and POW has been dragged down like many others, and at the end of the day it all comes down to "do you think one or more of these projects is going to produce results"????
I happen to believe it will, I have said it before and I will say it again PJ is not daft, he has plenty of mining history with good contacts and he currently has 75,000,000 shares in POW, yes he has a low average but he has bought at market prices and I cannot believe he would have invested £500,000+ of his own cash if he didn't believe that he was going to get a result.
There is a load of information on the projects out there to read.
I personally wouldn't go "all in" here, in fact I wouldn't do that on any share, but I have taken a position which I will increase as my finances allow.
If you want to "trade" a share there's plenty on AIM, and the ftse100 that bounce up and down like a wh0res draws which would be better bets!
I don't suffer any confusion at all I have been trading many shares for about 35 years.
About a year ago I did alot of homework on pow,on the pow web site paul Johnson said the base line for these shares would be 3p.Also I looked at swazers charts on you tube,last January they where all bullish about pow.I find it strange that swazers charts don't do a follow up on pow,it
seems maybe their cup and handle system is not working at the moment.I have also listened to alot of paul Johnson speeches,he himself said mining is like throwing a dart at a dart board and
trying to hit the bull.
Felix,
When you look at the portfolio of projects this COULD be a very good long term investment.
I believe it could be, you need to assess the information out there and decide whether you feel the same way!
felix,
If you click on the Pow Share Charts icon above, you will see that you are definitely wrong. Also it may be prudent for you to decide whether you want to trade the share or invest in the company, it may assist in the apparent confusion you suffer at the moment!
I have followed these shares on here for the last year,some people keep saying they are a good buy,I have never hardly seen these shares go up,all they seem to do is go down.
Dipped my toe in here and may scale in a bit more on price weakness. I think this is primed for a recovery soon.
Rigrat,
To be totally honest with you I couldn't give a monkeys how many shares you have. I always think its a "bit naff" when people state what they have. A bit "look at me"
There's only two holders who's holdings really matter to me and that's Paul Johnson and myself, and Paul's only matter because it shows his confidence in POW, and if he starts reducing then its the signal to me to get out.
I just find it surprising that you post "nervous" flapping messages worrying about the market and then in the next breath state you hold 15,000,000 million shares.
If your not on "fantasy island" I would suggest that you might be over exposed on any one share!
Anyway good luck to you, and all holders here.
I indicated at the time that I was going to buy in large tranches, which I did ,are you part of the POW share price police or just the duty comedian I do not need you to be casting doubts on my integrity.
I have to say rig.. for someone that's having daily panics over SP you have an awful lot invested, surely to invest so much you should be reassured by the research you woukd have done prior to investing so much...
As always, wishing all holders big and small the very best of good fortune.. which favours the brave, and the patient.. :-)
I haven't got a problem rigrat.
Just surprised reading your earlier posts that you have dropped over £250,000 on POW shares in 3 weeks!
Bumble whats your problem
Rigrat,
POW shares????
On 2nd Nov you weren't invested?
So you've been buying 5,000,000 a week since?
great holding that R ...
just imagine when the planets do align your wife will be at your beck and call
I see a private shopping experience @ Channel coming your way...
Not sure which bag I want Rigrat, i love all 4....
Have em all love 2022 has been kind ..... really ohh love you book yourself a golfing holiday in Marbella with the lads....
Nice one love , will get onto that when we have had an hour in the Rolex shop... over de rd .....
What comes around goes around... :)))
I started buying into the dips its never stopped dipping since, so now where am I, 15m shares the SP on the dip again and a very irate wife questioning my mentality. Have a nice evening because I wont.
Buy low, sell high is the mantra, yet so many investors don't seem to be able to get their heads around this. Buy into the dips and have a medium to long term investment time horizon. If your investment is down it's only a paper loss unless you crystallise it.