Member Info for Bankfool

Not sure if viera = Mr slater, but one thing I am sure of is that asking for tips and trying to free ride on the back of someone else who has done thier research does nothing to contradict the view that penny shares are for sheep. Its better to do your own research and take responsibility for your own buying and selling choices. If it wasn't for regime change I would have lost the whole of my investment, an investment I made because I listened to a tip. I only regret that choice because I allowed myself to become a sheep.

I think we are just finding a new level. The 10%ers have already been flushed through if you look at the brought and sold ratios yesterday and Friday. The next question is whether the current value is based on expections pricing in good results for 201 or not. Plenty of optimism on the bb and estimates based on share comparisons, but it's much harder to actually evaluate what the sp should or will be. I reakon hang tight and see how things pan out. Fingers crossed for another uplift.

Sparta10, well there is a definaly a trade posted at 28.33 at 16:33, but a volume of 5k it's too trivial to be a portent for another blue day today. Would be nice to see the continued rise, but that is pretty weak evidence that it will happen. I want this to be a share that can return value for investors not just another poor quality momentum trap.

Yup my losses were nearly total. I brought in back in 2012 at 0.73p having gone through 2 consolidations 1 for 125, the effect of those consolations was. 70 X 125 x125. I worked out the £111.11 break-even some time ago so any error is due to miss remembering my purchase price. As moment was in one direction only I didn't average down under the old regime as it looked like throwing good money after bad. I did average down after suzy took over. But given my loss was over 99% I really consider it a new investment. (it did have a massive effect on my average sp though)

I don't think this is a growth share, more of a divided share. Nice modest dividends from shares you can buy and then forget about.

People lost a lot of money due to a couple of 1 for 125 share consolidations. So no it's not been more than £1 before but the effect of the consolidations is that my shares (before I averaged down) meant I required a price of £111.11 per share to breakeven

Sharegnomie, sure momentum may be lost, but there is also a lot of expectation on an immenient RNS on 201 results which is applying upward pressure. Admittidly it might not actually turn up until 30/9/20 but perhaps take the opportunity to top up on a dip?

Nice one Doog, can't say I know what's it like to call it right lol. Good result though it has to be said.

I am pretty certain that SatuV is not the former director. I don't see any ponit in posting here if you were Satu? Pretty certain that reporting it to Suzy is equally futile as if Satu is still employed by Valirx I am sure she would make a flat denial and that will be that. It strikes me that it is actually just a windup merchant who has gotten bored over the weekend and enjoyes watching people bite. Best just to ignore.

Apparently it's time in the market not timing in the market. I have been holding lloyds since 2009! Seems such a long time ago today. Hoping 2021 is a better year.

Good news for Sclp. I am down there too lol, but could be an exciting day. Hopefully we will get some exciting news here too soon.

MP, I resisted the temptation to average down under the old regime and as a result my average was £111.11. I have put in a smaller amount (1/4 of my origanal investment) and now need 70p to break even. Dont expect I will, but if we get to your 40p beak even I should have reduced my losses to an acceptable level. I really consider my recent addition a seperate investment given the near total loss of my origanal investment. However this the last spin of the wheel for me. If I lose money now I won't touch Val again. I

MP, I resisted the temptation to average down under the old regime and as a result my average was £111.11. I have put in a smaller amount (1/4 of my origanal investment) and now need 70p to break even. Dont expect I will, but if we get to your 40p beak even I should have reduced my losses to an acceptable level. I really consider my recent addition a seperate investment given the near total loss of my origanal investment. However this the last spin of the wheel for me. If I lose money now I won't touch Val again.

Spot on ValJu

Absolutely right cobaltblue. Tipsters aren't worth listing to. What do they get out of giving a tip? If you buy with conviction you will be OK. Buy because you think it's going up, because you have done your research, sell for the same sort of reasons. If you look to someone else to do your homework for you, then you will lose money.

No. BB's don't make or break shares. Ramping and deramping make little to no differnce. Just look at the value of most of the trades on here £500 and less. The only problem with BB's is the mistake of putting too much faith in what someone is say, i.e. holding longer than intended or buying because of fomo. There is reason to continue holding with news on 201 pending. Might be September, might be a bit longer. I am happy to hold for the moment, but make your own minds up.

This looks superficially actractive, 50% up today, but that's classic fomo territory. I can see the appeal, but it's seldom worth rushing in because the share price is shooting up. Perhaps its best to congratulate those doing well today and not panic buy.

No it's the result of the spread closing up. Good as it makes shares more liquid.

Charts don't predict the future, but it is nice to see we have gone through the 200 day moving average and there is a gentle upturn in the 50 and 20 day moving averages too. Green shoots as they say, but don't put too much faith in charts and get carried away.

OK, going to admit to being clueless. Is it a good thing or a bad thing to have this spread betting company as a shareholder? I would have assumed a good thing as any holder does not want the value of thier investment to go down, but perhaps I just don't get it?