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Both Tesla and the itchy f@by Chinese brand have dire news on the sales of electric cars tomorrow
Who knew? 🤔
I get what you’re saying and totally agree, I just dispute the conceivable effect.
If ten people on here chucked in £10k each on the back of it, I’d bare my backside in Binns window
It couldn’t have caused the rise and subsequent fall or else it would have been all over more popular media than a thirty year old obsolete bulletin board used mainly by people aged north of 60
'84, that's not my point. I was referring to earlier comments in which people are now questioning the blokes mysterious appearance and rapid disappearance, whereas hitherto they were lapping it up.
Last week I suggested he may be a bit dodgy and received a virtual shrug of the shoulders and one or two remonstrations that I was being a grinch.
1984 is correct. SOLG is SETS stock. It's DMA order book trading with orders registered anonymously
Addicknt there was no other noise on social media or other forums with an audience that could anything like influence the share price
How many on here bought or sold Thursday? I didn’t
You’re a bright guy, there is foul play but it’s not instigated by an LSE login
So how do you account for the recommendations and enthusiastic responses? Difficult though it is to believe, there were plenty of people who were taken in.
Not to urinate on your French fries drake, the MMs have been nowhere near the action on this stock for about three years. They’re providing EMS nowhere near the touch and off book activity as and when
They are literally nowhere near the influence here. If you can’t see that and have level2 I am happy to educate you
I don't think anyone took him seriously. Most would have ignored him.
The drop today was a combination of the following ... end of..
1. Start of a new trading Quarter (and the rise was the end of the Q)
2. A bucket load of traders or investors looking to sell SOLG on a T-2 and then move £20k cash funds into ISA ready to buy them back on April 6th
3. Technicals... TA indicated overbought and RSI was 80+ so pullback more likely than a RSI testing 90's on no news.
4. Some profit taking after a a decent run up from low 6's was inevitable.
Those that sold today to move into ISA will be sweating it a bit as they have to wait until Monday before they can buy again.
In my experience.. the mm's always seem to mark it up on April 6th and if you look back historically... the price tends to do very well in that week. Perhaps Bob and co are aware of this and looking to put them fundinh question to bed and rise the ISA wave back to the 14p/15p level. Coud do with some sideways action for rest of the week and let the RSI cool off before another run up. But like I said... MM's always make it a dicey time for ISA traders. Those that went for the bed and breakfast or 30 days rule.. selling on March 6th will be spitting bullets on the recent rise and cheering on the recent pullback lol!
Good luck to them ... always a gamble ISA season and makes you wonder whether the 20% or 40% potential saving is really worth the hassle and risk.
Fort I dont think they'll just be selling Porvenir. My understanding is that they are taking out Cascabel and selling the rest of their Ecuadorian assets as a complete bundle, they won't sell anything as a single asset, apart from Cascabel.
I don’t buy the P&D theory. Volume is too pitiful
This site is read and used by about 50 people
We couldn’t collectively cause a 10% spike in a company worth £300m
The surprising thing about his posts was the number of recommendations they got. People are desperate to hear positive news, no matter what the provenance and that makes it easier for someone like him to be taken seriously. Unless the source of information is the company scepticism should be the default position at the moment.
Have you guys seen the TSX price this evening ? I think someone is having a tin bath with us here so expect all of today’s losses back tomorrow and some icing on top I believe 😉
Noboa has a key meeting with IMF in May... so he'll want to please them with some nice forecasts which will include mining projects. The execution of the exploitation contract is due before June 6th so SOLG must have something lined up as the clock really starts ticking fast once that is signed. I believe Bob had timed the cash pile to run out just around thatb deadline date so must have been confident that he'd be over the line before June was out.
If the CGP 157m shares get sold (non dilutive) then they better have a price on the north of 15p otherwise that is an epic failure by Bob and Scott. If they sell Porvenir... then that better be for more than $100m as it's worth 5 times that amount based on drill results to date.
Lots of ways to bring in cash but the CGP shares should be sold cheapily or sold for less than they were acquired for or part of the merger deal... I think they were valued at 18p/19p then.
Lots of green lines lately... lol! Sad xxckers.
"I would think the sell off is largely due to the individuals who loaded up last Thursday realising the individual who promised news today was lying."
I reckon that twunt champion select (who has since disappeared from these boards along with all their messages) was part of a ramping crew who probably read the momentum and future direction well enough to know that if they all stuck down c.200k buys and ramped hard enough, then the excitement/gold fever on this board would do the rest - which it did. They got their 20% and promised "big news by the end of this week" etc etc and that helped them achieve their goal.
I suspect the drop today was absolutely related to CS (or is it BS?) and their mates all pulling their holdings out at around the daily 200MA mark and then momentum did the rest. Note also now we have others here with a low post count suddenly de-ramping . Wouldn't be surprised if it's the same person/crew now shorting the price.
Can't fault them for their technical analysis and playing it, and it makes no difference to my holding/views in the medium term here for SOLG. Let the players play, (stats prove they never win) and hold tight for the real big %'s when this Mather load blows (urgh)! CS and their mates will have wished they weren't out of this share then LOL.
Multiple NON DILUTIVE finance offers have already been received and SOLG are in the process of finalising the deal.
My understanding is that it'll certainly be done and dusted this month.
**** bandit
you wrote this recently
“oh look. sub 6p...the shock of it. now who would have guessed that.
get out now whilst you still have your shirt on your back. this one wants your kids easter egg too.”
anyone who’d listened to you would have missed out on circa 70% rise …. you really are a worthless piece of 💩
Go back to your cave muppet
Lol redknight. Says who? Anyone believing this needs their heads examined.
It looks like there will be a highly dilutive equity placement to me! They left this to the last minute, so beggars can't exactly be choosers now. They will get what they are given.
This is untouchable until the placing is done. Until then, its all downside risk from here as today played out.
⚠️ Don't buy until the placing is away! Don't listen to the rampers stuck in a hole here.
Sclemiel...get it into your head...non dilutive, non equity funding.no placing....
Delayed trades
1,1m at 9.98p
249,950 at 9.63p
592,608 at 10.058p
Been seeing these delayed chunky buys for three weeks now
Another day closer to funding news
Month chart looks pretty delicious
Not a bad day actually and hopefully the 17.4 million shares that changed hands today are in the correct camp now and a mother of all RNS's will be there waiting for us at 07.00 on the dot !
happy days
Savage
For the first time in years my faith in this business is sky high. I loaded up on Friday and today. Hopefully we have a competitive bid situation to maximise our exit/future. GLA
Still 2 minutes to go... thanks for your patience and understanding