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Good evening novice20 I would agree with you on the term a share price dropping evokes fear and investors to sell, I have sold out plenty of times on a drop only to regret it later on. I have also held on to a falling stock hoping for it to bounce back but it did not. the same applies on a rising stock you jump in and go with the trend. So the fundamentals of UFO are still good, we have a jv, the price of precious metals is on the rise, investors turn to precious metals as a safe haven. Bill is always keeping us up to date and giving us positive vibes.
I always said the last time I am involved in a stock and it has a big rise then I would be out as there is no foundation for support. so we really need to consolidate and build a good foundation ready for the next leg up
Reespovo- the 50% retrace might seem big but having been in val and 4d on their retraces/7dig and syme honestly at the mo this is nothing and good fundamentals here, read the rns's.
In theory the retrace is good,consolidation move up BUT from looking at delayed trades/ volume and buys things dont add up. Definitely more buys than sells imo.
Have a look for yourself. Aim is definitely a law unto its self and what appears to happen is theres a slight drop say 10% people go oooo let me take some profit or original stake out just incase.
So then drops more so say 20% others then go actually looks a bit odd to me let me pull out then you get fear kicking in drafts it down too, all the while the sp is being played with.wont lie on some of mine it will prob take a few months to get back to where it was or higher BUT if nothings changed and more good news why the drop. . . Case of fear of losing / cutting losses and market manipulation. All in my own opinion.
Do your own research but also look at days trade volumes totals. . . Any volume missing etc. . . Things like this spike volumes (excuse the pun). Butif you need the money take it. . . . If you dont and you can wait you maybe surprised or not but also never Putin what your not willing to lose
Also note quite a few mining stocks are down today. . Seems odd dont you think (shurgshoulders emoji)
GLA hopefully better day tomorrow / next week
Er - I suggest you look up the meaning of ironic.
I was ironic about ceo and all. I can see this only go up in December,
ErFreh, Last Monday was the end of seven days of great rises in my p/folio. The MM's brought this about, not the CEO!
If only I had sold on Monday and knew today's close was the time to rush back in! Hindsight is a wonderful thing but that is all it is. To err is human; that's what makes us human. Hang on to your dream, long term holders.
Whether you are old or young. it hurts to lose. Think yourself lucky if you are young, you have time on your side If you have not sold, you have not lost. It is quicker to the bottom but harder to climb back up.
Er thanks for the great post.
UT stands for Uncrossed Trade which is when the Bid and Ask price are the same and trades occur
When did you start investing? I'm young too and was stressed when first started and saw 10% loss on my portfolio which was £1k lol and now I don't care if ufo drops back to 1p, I bought on 2.09. With time you'll get more experience and how to judge risk don't panic, no point of getting out now and chasing other share
I'm young myself. I've brought a house, invested in a buy to let and now I've got some money to play with. If I lose it I'll be ****ed off but you just seem so desperate.
Just popped back on here to see what’s going on. Are you STILL moaning?
Yes lol, I agree I should stay away for a bit.
The thing is this is money I can afford to lose, but being able to lose it and being Happy to lose it are two very different things.
I'm young u see and 4K is quite substantial
1.53 close, brilliant, the 3rd consecutive major double digits down dayz down more than 50% from peak, more than any retrace if u ask me.
Would it be too much to ask to be treated with green at least tommorow so our weekend isn't depressed?
Youd probably be best coming back in a week. If you don't I fear for your sanity. You're way too emotional. You obviously can't afford to lose what you've invested. Very few of us on this board know enough to play with money we can't afford to lose.
you're going to give yourself a heart attack
Can anyone with live prices tell us what UT is.
Google doesn't seem to be displaying it, and the fact that there were two price monitoring extensions suggests that it's leaped up or down a lot
What's UT?
Either a huge leap up or huge lepa down absed on price extensions in auction