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A good rise in value this week. Don't be surprised with some profit taking today.
Hi guys. Hope all are doing well here.
After Warren Irwin's indiscrete interview a few weeks ago I went all in here in the 13s. Even sold my Lloyds holding to bung it in. Total gamble, utterly unwise and breaking every portfolio rule. But for all my complaining down the years, Solg always was good to me. I'm topslicing my way out from here on in, I'm done with the stockmarket after this, happy to count myself lucky.
Good luck to all the LTHs here, hopefully the endgame is upon us guys.
And into the 19s...
Feel so bad for dave and anon for dumping their shares...
At 19.70 we would be up 25% in a week and well into clean air with next resistance in the high 20s...
Bring it on!
Red well it paused there ,few A profits then off she goes again we hope ,be great to break 20p by close imho
XIB Asset Management Inc still have their 0.5% short in play according to latest data. So that's 15m shares to buy back. Based on timings of their short I think the highest level they could have sold forward on was around 18.5p based on that volume.
They've had ample time to get a few closed out and may well have been linked to CGP and simply ARB traded the merger. But leaving the 0.5% short open could begin to sting a bit should or when the sp gets a jog on into the 20's.
104009
•¿•
Man on a mission ?
What you heard Ray ?
I trust my intuition.
Nothing like a bit of intuition imho done it this week myself buying harl into last bit of my isa this year
Liking all these buys snapping up the sells atm ,usr sign usr a bounce ,hope we finish week with another blue ,good chance if figures come out good in USA imho
A whiff of any break through with the negotiations and this pops. Interesting times now.
SP does not stay below 19p for any length of time....wants to push forward
Bought a few this week I noticed.??Wish I knew your thinking on where this is going ......
Keep it winded in and you're good...
Hope you're right.
I'm happy this is rising on no news, the last 2 rises on news or rumors quickly got pegged back.
Hopefully we can just hold steady for a while until some good news and like you say it pops off.
Keep rowing tiny, love a bit of indirect help to keep pushing solg along :0)
Yep like clockwork
:)
This is how you turn a negative situation into a positive situation...
Thank you.
SP was at 21.25p on day or merger announcement and that was when we had a very low cash balance of around $10m and needed a fund raise. So plenty of uncertainty then as well as broader markets which were in meltdown mode 6 months ago.
Fast forward 6 months, and we have $75m+ in cash balance, Merger completed and markets in much better mood with interest rate hikes nearing the end and inflation due to drop back fast each month.
And for all that the market gives SOLG a 10% mark down?? Funny old game.
Should be around 30p levels now on a comparable basis to where we were this time last year.
Not if you already done your buying way south of here buddy, just sit back and relax as tiny helps me make money... xxx
Yes we've seen your biggest buy at 5k we'll done you.
You've made me a fortune here already and I suspect more on the way.
Oh you a beer.
Owe*
Lovely jubbly
:)
Lovely bubbly coming today, and maybe a Chinese later ,nothing to do with our potential bidders though before you start asking lol!!:) ,now Novice/Bogota will we break 20p today lets see
"just sit back and relax as tiny helps me make money"
I tried that at 37p but you didn't listen.
Shame.