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OHS, yes that is exactly right. They win if you sell. I didn't see much of that going on anywhere or in any of my stocks.
They can pull the bid and refuse to sell to you at the ask, they can do what they like. I had a melt down yesterday watching the huge paper loss unfold in front of me. Feeling better today and quite prepared that it could happen again but truth is I just don't know.
For that reason I am going to torture myself and hold on and see this out. It has never been a quick trade so day to day movement should not affect my overall strategy. It is just the frustration.
Looks like Myles McNulty has taken advantage.
*doesn’t, not didn’t and piece, not price
BM2 - everything you have said is fully understood by the majority. Unfortunately it didn’t make a difference when it comes to market here. It’s an absolute gift for the MMs to use as a reason to walk SPs down. Until we get the next price of solid supportive news - they can do what they like. As frustrating as it is, they’ve only won if we sell. I haven’t. Doesn’t mean it doesn’t sting though. I still stand by my research and this forum is fantastic - I had my rant yesterday - I’ll aim to keep it in check from now on, ha! Blue day today. OHS
Look, yesterdays announcement by the UK government should have no effect on SAE or any of the companies and businesses in the sector. Climate Change is an ongoing issue and will out live COVID-19. The measures we are taking are allowing us to live with COVID-19 whilst we continue to rebuild the economy. There will obviously be some sectors affected such as service industries but they need to be inventive as we all have to allow them to work round and get on with things.
So what if pubs and bars close at 10. They now require table service. Great, I am all for that. I bet they can serve a whole lot more food and drink with table service. Can even charge more for it.
I work in construction. I work in a heavily regulated industry and we have not closed one site, we have managed to deliver major projects, on time and on budget, without any outbreaks of COVID-19. This was done by applying the rules and making changes to risk assessments and method statements and actively auditing and monitoring the new working environment.
The world is getting on with things and we need to address the bigger issues that face us and are not able to live with if we want to survive on this planet. The last few weeks have been scare tactics and constant erosion. Yes, Newport is in a lockdown. So what, been there done it, worked through it and come out the other end. We are paper pushing that project at the moment, why should it have any affect on the outcome ?
We all need to get a grip and focus on what is going to get us back on our feet, create jobs, innovative commercial technology that will change the way we generate power and reduce emissions. I am fed up with people in general making a meal out of COVID-19. We cannot stop working, we have to just do as we are told and work with it in our lives, obviously keeping safe.
There is no conspiracy theory from me about placings or bad news. The SP reflects general scare tactics used to gather cheap shares then sell them back to us at a higher price. Fundamentals have not changed. There will be volatility but ultimately, if Simec Atlantis get this right, we should all be in a much better place.
Come on guys get behind it. You have all done your research.
Yep. They’re here to make money just like we are mate. Only difference is, we can’t manipulate the SP in order to do so. I’ve bought twice since the 30p high - 26.4p and 24.0p. I haven’t worked out my average but my main bulk holding was at circa 13.1p so I’m ok (for now). I doubt I’ll be buying again though - for me this is either going to be a fantastic return on eventual news and progression or break even total sell off. OHS
Morning OHS my thoughts are mms like us buy low and sell high to make money although they have 1 major weapon we don’t .I have no doubt they are aware of impending news. I hope I am right as I have been buying ! Gla
Morning all. This week has been fairly unpleasant so far with regard to the SAE. Hoping now that Boris hasn’t bashed the market and yesterday was the bottom.....find out in 18 mins or so I guess!