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Daytradenovice is now my muse guru, so following his wise and expansive spiritual guidance last week:
GLEN.L is now up 37% since February. It hit 5.00 today, then dropped rapidly intra-day, what a surprise The chart said back to the 420s all day long on 3 May. It is no longer tracking commodity prices up properly either. Why wouldn't you sell?
It is still 14% off where it was in Jan last year. Copper is now higher than then and shows no sign of stopping. Why wouldn't you buy? (Sorry, I forgot, management destroyed the dividend in January after f*cking up the balance sheet last year and the coal spin off now looks dead.)
PS - Anyone expecting a GLEN.L bid for ALL.L this from Gary Nagle at Miami last week, which apparently almost no one thought fit to publish, lest it ruin their trying to talk up a GLEN.L bid. Then again, to follow the guru, maybe he was bluffing:
https://www.miningmx.com/top-story/56905-glencore-boss-says-organic-growth-preferable-to-ma/
Glad to be of some use to you Growup.
Clearly you dislike the company very much, especially after reading through your history, which i suggest all serious holders on here read to understand your agenda. So my question to you would naturally be, why is this the only board you ever post on? and all negatively at that.
Its certainly not because you think highly of the company nor its prospects, nor seem to have much of a handle on the fabelled art of charting, considering the sp is nowhere near your 420's "all day long" assurance. Strange this for an ex city lawyer to be wasting his time on.
All imho of course.
Looks very tippy now. The big question is will GLEN get back to its IPO price of 13 years ago of (IIRC) 530p? Yes folks THIRTEEN YEARS for this turkey. I wish all shareholders good luck but personally I’m waiting for the inevitable dip to around 400p before I’m buying back here.
Doomster (U Duggie to the uninformed)
Is it not a bit rich for you to lampoon DT on the Glen. only a fraction of your IPO price of 530P. Are you not the only one on the LSE board that enjoys a perfect negative correlation with the market - holder of 2 FTSE Dogs etc.
- did you not post throughout 2020 that your favourite Airline stocks to be IAG and EJet with Ryanair to be liquidated by march 2021. Still awaiting an answer to my query as to why Ryanair's market capitalisation is DOUBLE the COMBINED market value of IAG and E Jet.
- When Boo sp fell to 400p in 2020 you predicted an immediate recovery to 500p. In FACT whenever SP fell( which was continuous) you always predicted a greater recovery. You are the one who laughed at DT when he predicted BOO would fall to 50p when prevailing sp was 70p. Similarly, when he prediced fall to 30p when prevailing price was 50p-all FACT.
- You are the one who in 2020 predicted the collapse of both Irish Banks, BIRG and AIB. Still awaiting a response to my query how both banks have grown 850% and 600% respectively since. You also scoffed at myself when I predicted back in september 2023 a SP of between 10.50/11 for BIRG in the 1st qtr of 2024. Still awaiting a response to my query how come they recently traded at 10.75 . You will also recall that when you praised BIRG back in 5/2023 I posted this to be the death knell of BIRG and they proceed to fall well over 20%. Throwing stones in G'houses comes to mind.
You are a beaut.
Doomster,
one thing is certain - when you predict a fall in ANY SP the direct opposite happens. I may well take a punt on this based on your rejection.
Oh do get with the modern times Noclue, old news old boy.
You do realise stalking people is a bit creepy dont you?
Hows that £3.78 £8k BOO buy doing?
Shall i post you your post confirming it? along with the other ten posts you made at similar times advising of all your buys in the 200's and 300's. You got all embarrased last time as they filled a whole page on the boo board and confirmed you to be a complete liar.
All in your post history, for all to see.
You want them reposted?
Post them if you like, some of my buys like my opinions have been wrong and some been right. As long as the right outweigh the wrong I'll be fine. Bit rich you saying "stalking people is a bit creepy " when YOU have followed ME to RR, BT, MER, BOO, CNA, TSCO, ONT, SN, HL, PRSR, BARC, LGEN and SVT. Your usual mo is posting to a board you've never been on before, even some stocks you've never even heard of before, and bashing whatever opinion I've previously put forward.
Pull the other one douggie it rattles.
This whole platform is an opinion board - for opinions - and a fair few of those stocks you mention are commonly held by many many people, so why not an opinion? Indeed one of the ones you mention i have even worked for. So why not have a view? The whole concept is tomallow open public posting.
The real issue you have is that over many years you have made many many false statements about 'huge' profits and ramped the backside out of stocks claiming 'big wins', when just a simple read back through your earlier posts confirm the exact opposite.
For example, you keep ramping BOo, have done for years, worth £5 you said as it crattered to 34 pence, yet you falsly continue claiming to make mega profits, but when read back your posts prove the total opposite. Like your £3.78/£8k buy. What a clanger, yet you claim a profit lol.
Like your assurances (where you still stalk me) that RYA were 'going bankrupt' in 2021. they didnt.
Like your claims to be a (quote) "18 years professional investor". Your not. No professional investor would spend his life on a platform such as this for advice/opinion/views.
A professioanl investor would have access to far more usable data rather than a public forum like this. To claim otherwise is just nonsense.
The only reason you are here on Glen at all is to stalk me. Its quite obvious and flattering really.
The only reason your on LSE in general is to pump your appaling stock picks (BOO being a classic of epic proportions - now down 92%) in some pointless effort to try and con other people into buying your incessant ramping and make believe.
Unfortunately too many such people on here that it spoils the platform, and i am happy to highlight such individuals.
Thats about the size of it in reality.
But as ever, you keep up with the fairytales.
Apols to others for your disruptive presence following me here
Everyone feeling OK today no bitcching
Be a better day if old glenda could add a few beans instead of dropping a few