Member Info for Betafail

Said there will be a rally into close, people sitting on the sidelines waiting to see if it would go lower. 0.58p was the lowest you could buy, or at least from what I saw.

Well...there was a Flybe going into administration wasn't there, it was massively mismanaged and had greedy owners

To be fair this keeps going down, soon as the buy price hits about 0.55, im topping up. I Imagine there's a lot on the sidelines waiting to see how low they can get it today. Rally into close I think

My problem is having the available funds to take advantage of this drop

I have 2 different positions, 1 in my SIPP in which I got in at 0.24p, this was shortly before it all kicked off with the Sheikh getting involved. I put about 10% of my portfolio in as the company looked disgustingly undervalued (and is that way again) having topped up with this as I dont want to average up. My shameful position is my ISA. Opened one for this stock as I had some money lying around from a loan (not tons) and It was when we were at our high. Took that a position @ 1.5p (horrible I know) so now thinking of putting more into the ISA to average down

Think it's best to do a Warren Buffet with this stock. Take a position then fcuk off for a while. Return a little while later to find you've made a huge amount of money and without any of the stress of the movements in between. AIM is an incredibly inefficient market and I imagine some of the sells today went over to NCYT expecting BAGS BAGS BAGS but getting 10% instead.

GLA

AIM can be such a joke

Just looked at trades, havent seen any huge ones recently nor continued selling before the drop, I dislike it when people blame MMs but what?

Was a bit annoying waking up to the RNS this morning and finding that the LOI will take longer than expected, however the reinforced backing of Government was something to praise. We learnt that the JIA may completed at the JCC, in April. Or it could be completed mid 2020 - though we know the Chinese do not want to wait about on this. COVID-19 could have been responsible for the delay, China Coal will be creating strategies to deal with Virus outbreak which could have resulted in cancelled meetings etc. This is still a hugely undervalued stock. I'm quite headstrong on this and don't mind seeing impatient 'investors' leave, I know this will pull off in the end so i'll spend this time working on my position.

There are very few investors in AIM, those you see on Twitter and a lot on these boards are mostly traders, running around like headless chickens building up trading charges and losses on bad deals. For the few investors out there in AIM, this is a good stock and the idea of waiting only 1 Month until April for a possible multi-bag isn't a scary prospect; it's an attractive one.

GLA

Can't see it effecting funding that much. ORCP is a long term power project. Unless they think COVID-19 is going to end the world the project will go ahead, and we'll get the funding.

You're missing that the future is becoming increasingly unknowable thus one cannot account for risk so one cannot trade or invest - all it would be is gambling. I think that's the main reason markets are down. The fundamentals arent to bad bar a bit of damaged earnings

~Given yesterday's RNS I was expecting this to be down more than it is due to panic. Think we've got a good base of holders now

It always looks bad when someone reduces their holding, especially the broker. However a point was made earlier about risk management. At some point when this has taken off I will have to sell some share to ensure my SIPP is properly balanced to meet my risk management strategy. I wont be losing faith in the company it just will be what I need to do to maintain my approach. We really dont know what the true reason is, but im sure we'll find out

That's fair enough. Just thinking about traders and their future movements

I've seen people suggest it will be LOI and next day funding, how confident are we that it will actually play out like that, do we have strong evidence?

Think I sold at the same Sam, people are going to lose interest and I think It's a lot more exposed to the virus fallout than other decent stocks about at the moment

Cant get a sell quote for ESL, looks like they may be coming here

Think I may sell ESL tomorrow, once it slows down people will flee. Yes there's a chance of takeover but I dont know how long the wait will be. Money is safer here IMHO

Im not having any problems buying or selling, might be an iii issue

Pretty sure there's some that could be told, you'll be given £1000 per shares if you hold for 2 days and these numskulls will sell the next day