Member Info for alwayswinning

.........Grab it with both hands and ride that train all the way to boom town.

.............Starting to gather steam now.

.........Definitely one of those stocks you could easily multibag on in a few hours this one. Good luck everyone.

I'm pretty sure the institutions will take what they can if they're backed into a corner. They know how the game works, some you win, some you lose.

There isn't really enough time or general interest in the stock now to requisition a EGM to bin the board. They'll run it into the ground first and allow their pals to get the company for nowt. Either way the people who want this will apparently be getting what they want for either 10p or virtually nothing if this goes to the wall.

Looks like they've done what I said they would. Backed shareholders into a corner. It's a case of accept the offer or lose everything. Further extension of the loan facility dependent upon the measly offer being approved as I read it anyway. They're running down the clock and keeping everyone in the dark on purpose. Can't see what shareholders can do other than accept the offer now to be honest.

If they want in cheap I'd imagine it would. The more issues that are resolved before they bid the more money they'll be paying.

........................Currently trading at little more than £2.50. That's all that matters, everything else is noise.

Are there other parties eyeing this up? Of course there are, why wouldn't they?

I'm convinced we'll get major news in the next week or two IMHO. Good luck everyone, and ignore the BS artists.

I don't doubt the possibility of all these amazing things people are fielding, but the question is when?

I think people are getting far too excited over something that could be many months or years away. Not saying it is, but none of us know, that's the point?

If the market gets a sniff that a sale and/or a huge dividend isn't happening "tomorrow" then, well, we know how that turns out on stocks that have done 700% in a few weeks.

The point I'm making, is that people should be realistic for their own and everyone elses benefit.

Well done guys. Didn't think it would turn positive this week but it has in all fairness.

I must ask Alpha, and I'm not deramping, but where on earth do you get the idea there will be a 20p dividend from?

.........The SP after the first few hours will be most indicative I feel. Considering it was trending down you would think it would edge lower. We'll see a few spikes up and down in the first few hours but I have a feeling the trend will be down given the technical indicators until the board present something to the market to switch the trend back positive.

If there is no further RNS this week I predict this will be bounced around between the low 1p's and low 2p's this week.

What makes you think this will gap up to 2.8p tomorrow morning on the bell?

I have an interest in this stock and like many others have said, whether the price goes up or down is of little concern to me either, but getting in at the right time is. I don't think it's unreasonable to discuss ones observations openly. It could potentially be of use to other people watching on the sidelines.

Someone said that people were basing their ideas of where the SP could go on nothing. I then stated I was basing my predictions on TA and recent support and resistance points which will almost certainly come into play if there isn't a RNS representing a fundamental change to switch the trend. That same person said he didn't care about TA and was only interested in the fundamentals. You can't win really if you have an opinion someone else doesn't like on these boards.

My prediction from a TA standpoint is clear. Support roughly around 1.9p, 1.7p, 1.4p. There are some support points, but if there is no news next week to switch the trend they could very likely be tested quite easily down to the 1.4p support. Likewise there is resistance around 2.5p and a bit under 3p now to break back through to reverse the trend to the positive. If a RNS is released on Monday morning then the charts go out the window otherwise the trend is down for a little while IMO.

Now, why is that important? It's important for people considering taking a position in this stock because they have an idea of the best time to take their seat.

In summary, this stock will likely either be trading 50% down from today's price or 100% up come next Friday IMO. The BoD will need to find a way to prop up the SP and deliver on their vaguely bullish statements of late IMO.

Not ramping, not de-ramping, just being sensible and rational.

..........I find it unfortunate that there is no room for civilised debate anymore. Not just on these boards but in society in general. Everyone is so polarised in their opinions these days in beggars belief.

Of course there are people with a real agenda, but I believe they are in a minority on these boards.

Having read through the posts from people adding a little balance or constructive criticism I've come acroos very few posts with the exception of one or two which are are actually slating the company outright. Most of the people critical of the stock have been fairly measured in their criticism I'd say.

I suppose where there are few de-rampers, it's a case of attacking the next best thing, and that is people who have a measured reasonable opinion.

Mikey, the prices I mentioned were based on technical analysis. The resistances and supports are there for all to see and the stock will trade in line with those depending on the trend. The trend has switched and is currently down if you look at the chart. A RNS on Monday and you can throw the charts out of the window of course, but IMO, until news arrives, there will be a period of cooling off. News is needed now for the trend to switch now IMO.

I think most people would wait to get in lower because we all know how the market works. There are people here sitting on a 400% profit still. As other opportunities arise and they get bored here if they feel news is months away they will likely cut and run. I like rob can see potential, but I can also see great potential for the SP to go down further given how much of the current rise is down to pure speculation.

I personally don't think RJP's position here is at all unreasonable. I pretty much see it the same way. There is opportunity here, but in the absence of news there is likely a great deal of cooling off to come. If 1.9p breaks 1.7p will follow, and if that breaks 1.4p should come quickly IMHO. If there is no news at the start of next week and traders begin to realise meaningful news is likely many, many months away those supports will almost certainly be tested as far as I can see. All this is assuming no news comes next week. If news does come then it could easily see 4p+.

What is certain, is that 2p will be a long way away from where this is currently trading come next Friday for better or worse.

Having listened to the interview, it didn't sound to me like they were in any rush to get this sorted. News could come on Monday for all I know, but I don't see what people are reading into that makes them think big news is literally days/weeks away with such confidence. Same with the special dividend speculation. There has been nothing in black and white stating there will definitely be a special dividend.

There is potential here but expectations definitely need managing. Given how much this has risen, I don't think a pull back to anywhere in the 1p-2p region should be unexpected over the coming days/weeks. If there is no offer or major news next week, I don't see why the price would remain at the current levels, given it's where it is now based on people anticipating news being literally days away.

I can appreciate where you're coming from. I suppose a lot depends on whether you're currently in or out and what your average is.

Having listened to the interview several times I'm not convinced a bid will appear any time soon. Of course, I could be completely wrong.

I agree that this could be a buy Jarv55, but I'm not sure it's a buy at the current level, at least not a strong one. Buying now is literally a gamble that news will arrive in the next few days. The odds of that happening are very slim IMHO. It could easily be trading 50% lower by the end of next week with no news, so I'd say it's one to watch and consider. A potential buy around 1.5p and a strong buy near 1p IMHO. Again, people gambling in the 2p-2.5p range could have made a wise decision, but only if news comes in the next day or two I would say.

I will confess, I haven't done all the maths here, so I wouldn't like to give any sort of target. I would need more facts and figures from the company before I tried to put any meaningful price on this.

That reminds me. The one thing I didn't like in the interview was when he stated what their producing mine produced on one particular occasion. That was overtly rampy and misleading IMO.

..........Noticed it had done nearly 100% a few days ago and lost most of it by the close yesterday. What went on? P&D or something else?

I've followed IRON for a long time and personally never expected the board to achieve anything here. The last RNS stating they were in talks with people who could potentially make an offer doesn't really fill you with confidence. Given they only have a few months cash left and are trying to sell their assets from such a weak position I'm inclined to think this won't work out all that well personally. When I saw the gains here the other day I thought there had been an offer or something. Crazy to see how easily manipulated this grubby market is.