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Thanks for the gaps definition, B. I also heard a lot of things here about TA in the now distant past, and I've never known TA to work on smallcaps like this one that have potentially huge volatility. I absolutely cringe when someone says the brokers/MMs can't fill the buy orders and similar, and then it drops. Even if it were seemingly so at the time, someone's only got to back out of an order or decide to sell and that observation is for the birds. I wish you well and if it climbs properly from here I'm going to be angry with myself for not putting another hundred quid or two in it last week, but such is life.
Hi Ignorant.
Nobody can give you advice you should follow - only you know what risk/timescales suit you.
"Gaps galore" is hype speak for "this share will move up in steps, similar to the 60% we saw on RNS day, but repeated over and again till the share price is much higher than now".
It's never to be taken seriously as it's always a ramp by someone who is desperate for an exit price or a quick trade win.
I hold long term because I did the maths on 16.7% of AFN and the belief that the Narni bridge will either do very well for us long term or be sold for a big profit - either way I think I'll gain, but that's just me. Lots of AIM wins are about timing and sentiment and that's impossible to predict correctly all the time.
Someone the other day during the excitement after the RNS said "After that gaps galore imo"
Was that guesswork or based on Level 2 or whatever it's called? I can never remember as I never use it.
If so (if), what use was the Level thing for this sort of smallcap when the price didn't make it to the price that was hoped for and so the fill orders or whatever they're called meant naff all because the price went down?
Also, 1000% sounds good, but what are the figures? Is "1000%" used instead of a less attractive figure? I didn't read the RNS as I can't be a*sed and the SP fell back so it seems my question may be answered in that. I am double checking on that because I hold and am wondering if I should have called it a day after so many years when it hit 27p. Yeah, I know I should have sold all last year and perhaps bought back last week, but that's water under the bridge and my time machine is still a work in progress. TIA
Bennster- agree. I seem to take a lot of stick- unjustifiably of course, but nothing I say makes a difference.
Value on offer here imo
You're right v2cola - there is a chain reaction, both short sighted and inaccurate, which is not reflecting the value proposition here.
AFN are not a crypto company, and OBC hold 16.7% of that - that alone drives almost all the current m/cap of OBC.
The Narni bridge is a transaction technology, so the value of tokens is largely irrelevant - what matters is the volume and frequency of trades - which the RNS this week demonstrates is taking off big time.
I consider the Narni bridge to be like a forex trading platform but for crypto tokens - it doesn't matter to a currency exchange technology if the dollar rises or falls.....
The Umbria (UMBR) Network token seems to follow the movements of the Crypto market and the OBC share price seems to move with that (I guess as they control the UMBR Token) the past few days has been a bit of a downer for crypto, I’ve been trying to build my holding of UMBR as unlike other crypto I know it has a PLC behind it. (Thats my personal opinion whilst keeping a rough tab on the markets)
https://coinmarketcap.com/currencies/umbria-network
And how frustrating is it that this share has once again become a catfish share?
Apparently OBC has to bob up and down with BTC valuations - even though we don't hold or deal with BTC, the value here is in the share of AFN and the Narni bridge.......
No. Just buy more if it falls more. Crypto has had a bad day indeed but the buyers will be back here in time
Alamo. You are losing it pal. You said my prediction yesterday wasnt rocket science about the rise after the great RNS. Then you said it was a pump and dump- ie not related to the news. cant be both.
Do you get the feeling you might be wrong Latino? This slide is a bit worrying don't you think
Now, this will bounce big after yesterdays excellent news. Buy at 20p not for long don’t think!
Thanks for checking out my previous posts. I checked yours, you are struggling mate. Maybe time to knock investing on the head?
Wasn't exactly rocket science though was it after that RNS!!
Just posting my opinion - called this pretty well form 14.5p today.
"When they see others spot a good share"...I had to laugh at that...last year in November you were pumping this at 60p saying it was going over a quid, thats beside all the crap you were spouting about GDR...look what happened there!!, realised then you were just another P & D merchant. "You can feel some of the people all the time and all the people
some of the time but you can't fool all the people all of the time"
I sold at 90 pence last year. This deal looks very interesting. AFN stake covers mkt cap. Very volatile and could be 30p or 15p tomorrow. I am a buyer.
@barnetpeter
Yes, that's text book how to do it.
Well done.
GLA
Photocharge- agree. The RNS moved the share price. Nothing to do with what I posted on a **** forum
Others though like to “play the man” as it were and get their jealous heads on when they see others spot a good share. That’s all it is mate
Back to tils theres a good person
Says he/she that pumps other shares . Deary me.
you lot are nuts to think anything that happens on this tiny corner of the internet changes the share price that much or at all
Good post Bennster. Crazy how the jealous come on here screaming pump and dump - yet I remember when the sp was £1.20 not long ago and the company now seems much better placed. Bunch of idiots of these forums
Yep. Says I am working and Having a great day.
Can’t post all day ?
That’s what it says lmao
Pump and dump. Can see it from a mile away.
.....and now the SP has dropped so have eyeguys posts, says it all!