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This is a GLEN.L board, you would not know it anymore. I understand that this is an archaic, lightly used corner of the online world these days but if it has any useful purpose it can - if used properly - act as a sounding board for retail investors picking up something other investors might be seeing about the stock that they are not. I count one post out of the last 28 that actually references GLEN.L. Prior to that we had a session of messages about Eurovision FFS.
If you want to brag about Nvidia etc. do it somewhere else. By all means do come here and mock someone who posted recently looking for a re-entry in GLEN.L at £4 if you wish but how about you back it up with some CONSTRUCTIVE commentary about recent price movements in this share to accompany the mocking. I posted on 3 May saying this was showing every sign of going back into the 420s very sharply and I stand by the post - I have followed the share for over a decade, look at the chart shape on that day and please tell me where the sp was going other than straight back to the 420s. (Regardless of where commodity prices were headed.) Why TF did it turn and go back up last week? Why TF did it move up 3.6% today, smashing through the 12 April top on the way? When the market was scarcely up, when other resource stocks did not move similarly and copper plummeted late. Versus copper moving up roughly 2% yesterday and GLEN.L yet again, as it has done multiple days over the last month, trading against that down on the day.
The day to day movement in this share at the moment is in my view utterly unreadable. Anyone want to use this board for its intended purpose and engage on that?
Good post. The key question is why has GLENDA gone up so much today when other miners have not and the market is mostly flat. The SP is now higher than it has been since early last year. This is quite amazing yet not clear why???
The 'market' is a fickle beast and oft not related to anything at all.
Plenty of people bought this at highs lows and current figures, some carry chips, some humour, some disbelief, some smiles, some tears. We are all permitted a view of our own, with no need or expectation to justify that view if we dont want, its an opinion board, to express yours if you want, it allows all opinions and views.
There is no 'exact mathematical science' to any of it as some opinions suggest, to analyse in that way is maybe eroneous as indeed those that analyse themselves actually suggest. But each to their own. Nobody is right and nobody is wrong. Its all a personal choice.
Copper fixation here. Why? Glenda trades sells mines all sorts of goodies, they all add to the pot/demand and reasoning.
If the price is up, and you hold, so presumably are confident in the company, why complain?
If you see no reason for any rise in your own view, then exit - if you wish, take profits or continue to hold. Your choice to make only.
If you dont hold and you have missed any such rise, complain away, the choice to hold or not is personal, review your decision and adapt, if you choose.
The only rule to remember is that you make your decisions yourself, and you shouldnt be swayed by others opinions on here - you never know if theres an agenda behind them.
But as an opinion board everybody if free to have one.
Amen to that! Apparently I was mad to top up in the 450s....and I did question myself but ...."in it to win it"it was! Made a few quid from it. Good luck to all in their individual decisions.
Well Jondoyogi theres always a few on here talking this one down, either wanting to get in and 'ride the ripples' down/ up or some burnt in the past (think weve all been there) but alas not allowing wounds to heal as life moves on and the cycle repeats.
Not one for a steadily ever increasing sp is old Glenda.
Good the hear your buys panned out for you with that nice rise since buy in. Good decision made there.
Jodi OK you got lucky, :))).. I looked today at the copper price I thought ANTO or .Glencore, then I thought Na ,
Well done you did good .
Anto at open +35. Now +5.
Glencore-2 .
Always follow your Gut. Imo.
Agree Scott, Nvidia still rising too :)
Eye DT Loadsa Moneyyyy .:}}}
Thats the plan, seems old Glenda has done a bit of an about face today mind, ah well, she'll no doubt change her mind again
Something going on with the price of Copper, not following it closely but it seem very Expensive 52.Just looked again and the price is down at 48plus .
As i said previously, "The 'market' is a fickle beast and oft not related to anything at all"
Over analysising and looking for a specific reason for every little drop rise or wobble or opinion is often pointless.
Market does what the market does
6k today DT. :)
Superb Scott, nice one. Hope that keeps up for you :)
Shame old glenda dropped her handbag and went the wrong way after such a positive start today, must have been reading the doom posted on here. Ahhh well
Taking a breather Scott
Consolidation, think they call it DT, .$29 yesturday.dont know how )) buy the dip if it drops back.