Member Info for 993444

Agree, I assume my stupid sp prediction comes with a charity commitment. That is what makes this BB special. @faramog please let me know how I pay my charity payment.

Who really knows but common sense would dictate at least a 50p SP in 2020 based purely on Vanadium mining sales. BE still needs to deliver earnings and give the market some indication of growth potential. So maybe another 15/20p. JM has suggested 82p so if I split the difference 75p seems a sensible stab at a 31/12/20 figure.

The problem is nobody knows where the V price will go and we also have the potential for BE to underwhelm or blow us away in 2020. So any price between 50p and £1 has a sensible ring to it. Backing up my very unscientific 75p guess.

Sorry if I have jumped the gun @faramog

C

Explains the dip earlier today, expect we will see another big sale that occurred around 11 am

Good riddance

Oh well, happy to be wrong, as long as they leave BMN alone. HCA

Thanks for sharing Pdub. That is the real story, the forthcoming explosive growth in VRBF - boom.

If I may, my 2p worth before we move on.

REMX still own 3M BMN shares so (when) as the price rebounds then it would not be unreasonable for their holding to return to a decent 2/3%. So I don’t think they will be a seller for some time. - a positive hopefully.

I also think they expected a rebound earlier this year, hence buying and being happy to loan shares out. They get it wrong! Hey, show me an investor who can time markets perfectly. They then received a ‘mysterious’ but hard offer to provide the cash they needed to meet their due dividend payment. It stinks, it was wrong and BMN PIs got played in the short term.

Perhaps, they did not want to sell any other holding at this point, just before a global boom in 2020 (very much expected now)? We will never know for sure.

So, my thesis is that they misstepped (again as Alpha correctly points out) but will intend to recoup their losses by holding and adding to their BMN holdings in 2020. A boom for us..

So, although it has been a frustrating time for LTHs nobody has lost unless they sold and hopefully a few more have bought more.

I do not think shorting should be banned but I do think it should be heavily limited on AIM because of the clear and disgraceful manipulation that goes on. In the wider market it is a good way for poor companies and poor management to be punished, eg NMC and Boeing as just 2 recent examples.

Just my musings, not looking to debate or argue and I agree it is time to move on and talk about the exciting year ahead GLA. Ignore or recommend as you see fit.

Looking at the background to this fund on Seeking Alpha it would appear they have decided BMN was the best place to raise the dividend due on 30th. I think it was more of a case of which downtrodden share do they sell! I think they need to leave BMN alone as they cannot decide to hold or sell.

The selling was a big drag on the SP and clearly someone had the nod that they had decided to sell BMN on Friday to raise the dividend cash. Totally stinks but looks like someone in Vaneck owed a few mates a favour. Second time this year this has happened, totally wrong.

All things being equal I would (hopefully) expect a drift back up to 23p unless any news lands. I have no more knowledge than anybody else on here but I do think 2020 could be a defining year for BMM. No more predictions though..

GLA and Merry Christmas

And both deals (one in ISA one in SIPP) show as sells! What a surprise

Well done to you, my latest 26,107 just cost me 19.19p Not bad but I foolishly expected more games late in the day. Still sub 20p not bad at all.

Exactly @ Magellaniccloud

Price is what you pay. Value is what you get.
Warren Buffett

People should be viewing the short term SP falls as an opportunity

Alfa. Me thinks we are all welcome to our opinions and you need to remember this is not your personal board. No idea why you have to involve yourself in everything?

I have made it very clear that this is my last AIM stock and I will get rid when it suits me, not you.

Way too much misinformation.

Vaneck probably loaned their shares and made a fee, they are still long but are making money out of a loan fee. Someone, probably, needed to sell and agreed a fixed price to ensure they had funds at a certain point in time. Buyer then borrowed as many shares as they could lay their hands on and sold them to make a profit.

They then come on here and wind up the happy gang and get all weak hands and nob heads to sell /short too. Guess what, they want to enjoy the upside but are happy to take money of the fools on the way.

This BB has become its own worst enemy. To many people twittering about the short term SP who do not understand the intrinsic value of this company. Or if they do, they think it makes sense to attack every none believer.

This is a great company with a great product that will deliver handsome returns to the patient investor. GLA

Just noticed so is my 13300 @ 19p

Just ignore and filter them.. Life is so much nicer..

Couple of little tops up today really starting to like how people are pushing it down, normally only means one thing...

GLA

You really are such a funny person - no idea what pleasure you take from your posts - poor form

Hi guys, just wanted to let you know I am out of ATM, so only one AIM share left to get rid of now. I do like the story but now reckon I can work the money harder elsewhere. I hope you prove me wrong and best of luck to you all.

I think AIM is for a certain investor and that is not me anymore. I believe I can make 10 to 20% a year going forward without too much risk. GLA

Sorry for late response Alfa - busy day. All fees (should) go into the ETF cash account as any income would do. I know a few big index houses who do exactly that.

there logical argument is that they are long term holders of these stocks and really do not care much about short term falls (other than the need to rebalance), so why not make some money from a loan fee. Also the larger fees tend to be payable on stocks that are expected to fall or are already being shorted.

So, if you hold 5% of your portfolio in Boeing, because you are a US tracker, you are stuck holding it regardless of recent market sentiment. So they make a little fee (loan) income to lessen the burden..

Vaneck will receive a fee for loaning shares, the current loan fees for every stock are available to an investment manager. If Vaneck have made the long term decision to hold BMN then they simply make a short term fee regardless of SP direction, whilst benefiting from the upside in the longer term SP growth, nothing wrong with that and the long term fund holders benefit. Loaning stocks to shorter by trackers is very common and is both a way to raise a little cash and a legitimate trading style. The odd thing is probably why they changed their mind over the inclusion of BMN, an index tracker should really hold the constituent parts all the time.

I don’t short myself but I do trade the dips and I am currently buying BMN not selling

@FB your mention of Chartist certainly fits with the writing style. In a previous guise a said named poster used to haunt this BB as well..