Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Please stop trading , you aint got a clue what you are doing .
Your note ( short selling only works if the share price rises ) is total poetry, the whole office here is wetting themselves .
Please stop trading and learn the basics first .
Think the shorts are holding down price , so they can load up , price action supports this theory , just need to wait it out .
I have noticed a few large trades on buy side going through and a lot more positive media popping up with regards staycations etc .
GLA
Bailed here had a good run , will keep on watch list .
Good luck all
It is big funds either testing supply or selling , keep on eye on major holding RNS , if it is funds buying should rocket, if selling out would of been better off spending money in table table, at least you would have a fully belly and a headache.
Fundamentals suggest opening the doors to the public would be good , think big money are just hoovering up supply .
GLA
Great crested,
I do a complex point and figure calculation over Hundreds of entries , weeks of research , watched it fall, bought through the accumulation period on any weakness , watched the large interest slowly take out weak hands ,held through the first rise etc etc Whole process taken over a year.
And you come up with the same figure from a gap trade. WTF .
Think you are right on the money however.
Just undertook a point and figure calculation on Sig , the result of the long accumulation period , leads to a target figure of 100- 114 p . We will have to wait and see what happens on the way there .
Good luck to all .
The supply was tested around 450, no supply left so price moved up to find a level that people are happy to sell at.
Shows that a large interest is holding / building a position . If you do a point and figure count on the first accumulation area it shows you where this is going.
GLA