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That one for mr Aeschylus feeling lol
Hope rectum recover sir! ππ
π¦
@BP
I consider you to have been in the business long enough to know that there are always those who are more informed and profit from this knowledge.
Bad. Give it a rest lol.
Yes noticed that. Can only hope. haha
Oh, oh, sometimes I get a good feeling, yeah
I get a feeling that I
Never, never, never, never had before, no, no
I get a good feeling, yeah
Oh, oh, sometimes I get a good feeling, yeah
I get a feeling that I
Never, never, never, never had before, no, no
I get a good feeling, yeah
Tsagaan Sar official holiday from 10-12 Feb now over. Back to business π¦
Researchandhold said //BP is like a stain on humanity//
mmafr - Heaven forfend, are you suggesting that others have insider info that has not been RNS'ed? Stripe me!
What was that? Closed under relatively high volume... could it be that...?
Investor: Thx very much for your elaborations.
I still don't believe in charts regarding PM. At this point in time I don't need charts to understand what's going on with PM as they are still an exploration (and not a producing) company generating debt but no revenue.
Clearly that could - and hopefully will - change going forward. At that time I will be glad to look at chart information.
Ojay,
Scalping through day trading is a totally different approach to someone on here identifying a speculative stock such as MATD and holding on to it for a long period of time in order to hope that eventually it turns into a multi bagger. It's definitely the riskier end of the investment spectrum. That very successful scalper that I mentioned in the US has average trades of just 4 minutes.
Anybody who had traded MATD both long and short over the last few years would have done very well indeed - the price action has been range bound for years now. Just recently it made a double top at exactly the same resistance level - perfect for short term traders. It's all really obvious when you look at a daily chart for MATD.
If there is some kind of news then the limited no of shares creates a sudden supply imbalance, so the price can shoot up quickly, plus those who are short and badly positioned may be caught in a squeeze, get margin calls and are forced to buy. However it's obvious that these spikes have then always been followed by a huge sell off by the pump and dumpers. Just look at the price action back in 2011 when it shot up to Β£2 and then fell off the edge of a cliff. Plus some of the trading going on is algo driven - the market makers trading their own accounts for example. These algos work according to classical technical analysis, trend channels, support and resistance etc.
Investor33: There are always investors who land lucky punches. It's like those investment prophets who say they've forseen a raise or a crash. If you take 100 or 1000 of those a see how successful they were: You can always find a couple of lucky ones; unfortunately their (hindsight) advice is not sustainable.
Regarding charts: I believe charts are a good thing - however, not in a micro market environment like AIM / PM.
I would rather tend to believe in charts in a Google, Amazon etc. environment.
@danieldavis
Try looking at some day traders on YouTube who scalp mainly Nasdaq stocks ever day using a mixture of fundamental and technical analysis, but mainly using candlestick charts of various timeframes, plus level 2. There are some successful swing traders out there as well who are mainly relying on technical analysis using charts.
One scalper I know of has audited broker statements showing over a million Dollars in trading profit for each of the last 3 or 4 years. He's gone from starting with about 500 Dollars to now over 10 million Dollars. I would guess that he's doing a lot better than you - but there again in this world there are cynics and there are those that actually do things and make a success of what they do.....
Don't forget the cash raises. GLA
The Ambassador meeting was also to do with Boris Johnson's half brother who lost 19m to some Mongolian mining company scammer.
How are they going to attract investors if they have no protection for foreign investors
Here's an update for you Lenoman:
Large oil discovery 5 years ago and f%ck all achieved since !!!!
Lenoman is that a joke post?! Even a cursory read of the board will tell you no-one knows. The last RNS said we are "nearly there" and explains what processes were outstanding. An uppdate is expected when said processes are completed.
Obviously once we have the green light the expectation is the share will rise!
Very quiet on here, any views on when we should expect news on the LP being signed off? and what effect that will have on share price.
All these chartists on here and not a single one that's rich because of them. Who would have thought it...
WOS also told us he would decrease his posts as per Mrs WOS request for 2024. Oh well, that went well.
Be Wise π¦
βI just focus on INVESTMENTβ
LIE.
No you donβt. You stalk fellow members on other boards and criticise anyone who even slightly dares to go against your view.
Ok - be Happy π¦
No Rns today, any progress since last rns is held back, so until an rns appears no need for ridiculous conjecture. Should be a nice quiet day. πππ
Do not imply anything mr Professional and think obvious you try to get me banned (what happen to IP address reporting & your threath about "end of Jan" Lol).
Just read back RNS, recent MRPAM meeting, Matad Citizen group meeting & support of Petro Matad, Herder support & Agreement.
Good research help π¦
Again implying UK Ambassador has givennhim inside info
Maybe good Q is - What happen if RNS come TODAY and am not holding? ππ
(If you think permission not come for MATD this/other season you will not even be here anyway). π¦