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Noel, A loss is only a loss when you sell, surely you know that ?, and yes I am down here like most. You talk about integrity... not a word I would use to describe your posts.
Holding over a few k is complicated generally versus NMS/illiquidity for a share like falanx imho ... so, as a rule of thumb, i'd never have more than 5k gbp in a share such as this ( i hold at least 25 AIM shares at any one time and about half of those are under 25m market cap(MC) .. but very few I hold are under 5m MC, ever.. and the MC here is at decently under 5m now.. and that's properly small by even AIM standards.. eg Micro Cap funds generally don't invest in co's with less than 50m MC ..) (Broadly speaking the higher the market cap the higher my max position size is allowed be as a rule) ...
And in afore context fully understand why Davy took a good chunk of his relatively big sized bet here off today...
PS; on a point of order, when Davy says this market is 'on its knees' or worst since way back whenever, I note that the AIM all share Index has gone from a recentish high of 1300 ish about 9 months ago - and 1200 ish at start of this calander year - to just under 900 today. BUT in March '20 when some briefly thought co-vid might be catastrophic for the World - it dipped as low as 600 ish for eg .. and I've seen it around that level on one or two more occassions in the last 10 odd years i've been in this game too.. ALSO, the more mainstream UK indexes are struggling somewhat but are a long way still from noteworthy lows.. so markets generally could easily go much lower again from here, alas.. but they might not and hopefully they don't, obviously
I wouldn't expect you to use it because you are not an honesty person, you lack integrity.
You have said things on here, but then gone back on your word. You came on here starting off being polite, but just because you didn't like my opinions, you quickly resorted to mockery and insults and then when the sp proved me right and you wrong, your anger caused you to become abusive.
But I know your sort - you are too arrogant to feel ashamed of your behaviour. You just cover it up by means of DARVO where you reverse victim and offender.
Nice2, makes some sense.
As you say the markets have been battered of late
and there may be more to come.
However, without doubt, they will get back to where they
where in the fullness of time and some…
Anyone buying now, in most sectors of the market, are more or
less guaranteed bumper profits going forward.
FLX is in one such sector.
FLX, is not immune to the issues impacting the markets but
the Cyber sector is certainly not overly impacted like some others.
Without doubt, the markets WILL come back and FLX
WILL come out of the blocks running, with or without
a positive pending trading update.
I am more convinced than ever that it is a strong buy, although
that can also be said about 90% of equities right now.
Muppets need not respond, spare the board nuisance posts.
all fair enough dodgepot..
..alas, the more I play this game the more I realise how hard it is to have a meaningful clue on macro and micro individually.. and especially together ... for eg when the US markets sneezes AIM catches cold.. or flu sometimes even imho..
Overall, i've actually been quite good at this game over the years, fortunately.. but i'm less and less understanding how I am quite good as i go - and I say that two very good tax years perf. on the bounce to Apil 22 - and i grow to understand morr and more that iliquidity on AIM is a massive and seemingly ongoingly growing issue for buy and hold generally as , alas.. ( I never short , but do range trade more and more alongside buy and hold ) AND it's only when you hit a bear market that the extent of this issue becomes truely apparant..
Also I've only seen short - sometime hard too granted - corrections with good bounces off the back in my time in the game.. never a multi year bear market for eg.. and there's got to be one of those sometime again too ? ... as 2008 +++ is a long time ago now for eg ?
Luck does have a part to play but only a
supporting part….it’s easy picking winners
In a bull market…at this moment it is nigh
impossible …
I have moved quite a bit to cash just to stop the
bleeding.
Biding my time to get back in most of my favourites.
Too many “greenshoots” kept me in for far too long
so had to bale on my bigger investments..
This year has cost me well over half my profit over
the last 2 years..
NTM - re: "so markets generally could easily go much lower again from here, alas.. but they might not and hopefully they don't"
"PANIC: We’re Seeing Panic-Like Selling On A Scale Rarely Seen During The Past 40-60 Years"
https://kingworldnews.com/panic-were-seeing-panic-like-selling-on-a-scale-rarely-seen-during-the-past-40-60-years/
As this Swiss fund manager sais - "There is panic in markets and already some blood in the streets. But this is just the very beginning. Much more panic and blood to come.
...
Most investors are staying put and will ride the market down by 50% or more before they realise that this is serious. And at that point they will hope and pray since they will believe it is too late to get out.
Sadly no one will understand that it is really different this time and that most asset classes will fall by 90% or more in real terms."
https://kingworldnews.com/greyerz-is-the-world-entering-a-singularity-event-that-will-change-our-civilization-to-the-extent-that-it-will-become-unrecognizable/
Here is a man with a good track record on forecasting
"If you are Leveraged, get Unleveraged or Lose it all
This is the monster crash I was calling for all of last year.
Very few people understand what is actually happening because it is so far outside their frame of reference. As to a market crash 90% of investment advisors have never seen a real crash. Boy are they in for a surprise
..."
http://www.321gold.com/editorials/moriarty/moriarty061422.html
"GLOBAL SYSTEMIC INSTABILITY: This Is Truly Frightening"
https://kingworldnews.com/global-systemic-instability-this-is-truly-frightening/
"2022 MARKET DISASTER: The Worst Is Yet To Come"
https://kingworldnews.com/2022-market-disaster-the-worst-is-yet-to-come/
Re: "I have moved quite a bit to cash just to stop the bleeding." - good move by the slimeball.
My decision to reduce was nothing to do with FLX themselves, for all I know they could bring out a update and say they are profitable and not burning cash now and the shares rocket. This was all down to holding a more sensible amount and when I saw sensible I still hold millions and considering the NMS is 50k I am still liable to be cut to shreds if I ever wanted to sell and the market has not improved but I'm not selling anymore until or news and then I'll decide then to hold, sell or even buy back and I may well buyback higher.
I've had 2 stocks issue great news and they have not rose or even had much interest so I am purely protecting my cash and get my eggs all spread out in the basket again. Big loss though, £10000+ on what I sold but a fraction of what I have made since 2020 so you put the loss out of your mind and sit tight because there's almost zero opportunities to beat the mm's atm with their criminal spreads and lack of buyers in this market.
The slimeball tells us, "I have moved quite a bit to cash just to stop the bleeding."
Has he sold any of his FLX shares?
If so, then he took a loss - and he told us that a Moonshot was on the way.
Give him some of your abuse HtotheK, for the shameful way he misled people.
Oh, I forgot, you would rather stab me in the back.
HtotheK can't argue against the things I say because he knows that the points I make are correct, so he resorts to mocking.
Well carry on HtotheK, it lets me know that I am right.
NTM wrote - "even small selling sees MM's widen the spread and drop the price to try protect themselves further - MM have price making obligations and if the can't find a buy for a sell they've taken on their books, it stays on their books and they're at risk until they find a buyer - and off the back margin account trading sees more forced sales and stops get triggered and there's more panic selling generally.. and , altogether, it can become a down spiral" - sorry about my last reply NTM. It was straight talk, but the tone might have come across as blunt and possibly curt.
All I meant was that - in your statement above, it can be said in just a few words - when there are more sellers than buyers, the price drops. Yes, the MMs drop the price.
A bear market is where prices are falling and that is due to there being many more sellers than buyers. But my point was that even in a bear market some companies will rise.
The scoundrels on here have been relentless in telling us how great the prospects are for FLX, so why isn't it one of the companies that go against the falling trend?
Now that davey has sold at a loss, and the slimeball probably has too - their game is over - their cover is blown. Didn't I tell you that all of their so-called analysis was merely theoretical. Some things they said was true, but they claimed that their theories proved that sp must go up- the Moonshot - they were adamant and wouldn't listen to other opinions. That is what makes them scoundrels.
Please note that none of this refers to the company, FLX, in any way. My comments are only about the comments and attitude of others on this board and the movements of the sp - that's all.
davey bragged about how well did on GILD and assured us that he was going to do it again with FLX - he had no doubts.
Let's face it - his GILD trade was pure luck, and I actually posted to say how a bit of luck
like that can fool people into thinking they are clever. Their change in mindset leads to big losses. My post was a warning of danger ahead.
Caring Noel Shempsky - saving people from harm.
Make that 8 posts, his little paws must be red sore from all the typing, would not mind if informative posts, but as per usual just drivel . He/she/it has recently described themselves as a "Caring Klingon " . I smell a top up later this week.
Mocking from roly DARVO - mocking because that's all he's got. He can't mock me about the sp, because I was right and he was wrong.
... and roly DARVO is hanging on waiting for a lower sp to take an even bigger loss.
In a post earlier today, I wrote - "The scoundrels on here have been relentless in telling us how great the prospects are for FLX, so why isn't it one of the companies that go against the falling trend?"
As an example of one of the companies that go against the falling trend, see ECK today - up. It has buyers. Admittedly not a lot and the rise is small, but just wait. There is more chance of a Moonshot from ECK than from FLX. IMHO.
Now 10 !!
Someone has to report them as you would
nuisance callers…
Just noticed “HIS little paws”
Surely Shep is not the author of ALL 10 ???
"report them as you would with nuisance calls". Nuisance calls is not a valid comparison.
My posts are either replies to other people or I make valid points for discussion \ debate.
Noel, no point trying to reason with these morons though I admire your decency in doing so. Just let them wallow in their losses which are accelerating. If of course they ever invested in herebin the first place. They were warned all the way down from 54p and yet you and I are the " muppets". Bwahahahaha!
Thanks FK. Think back to the days when this was in the 2p to 3p range, the 3p to 4p range and above 4p - all those who came along spouting the same claptrap we get from the current bunch of scoundrels. They insisted they had found the bottom and it was time to buy.
Here's a note for HtoTheK who insists that I am you and also NTM - go back to when this was at 3.5p - see how I used to argue with FK1. I used to tell FK1 that he was wrong to be bearish and that the sp would go up. I attacked him in the same way as the others now attack me, although I hope I wasn't so rude and offensive.
So HtotheK - do still cast your false allegations that I post under other names?
You make yourself look a fool in every post you make. Keep it up, I like a laugh.
Should have been "do YOU still cast your false allegations that I post under other names?" "
A bit remiss of you not to warn from 57p instead of 54p FK1 ?! :-)
for neatness I'm going to set my re-entry target here - for a smallish range trading bet - at .57p as opposed to .50p .. still a bit to go to get there granted.. but not far on the grander scheme of things here really..
NTM - I presume that when this was at a higher price, at some point you applied the same sort of thinking. I mean, say it was at 1.5p, you thought along the lines of "I'll buy if it drops to 1.2p". (just for example, not saying you did at that exact level)
Einstein said something about doing the same thing over and over again and expecting a different outcome is a sign of madness.
... but to be fair, I keep playing the lottery, not winning, but I keep playing again expecting a different outcome.
most everybody who trades AIM is mad imho Noel.. so guilty as charged... and there's more than me on this BB that's mad too.. imho