winnifraud26 Nov 2019 21:53
Thought I`d have a quick look at this chancers tips, so googled him.
I first noticed a tip to buy Ariana Resources AAU on June 3rd `18 at c1.35p. Price rose briefly in the following days up to 1.53p...obviously his uneducated followers had a short term effect.
Then price fell, and continued to fall until it hit a low of 1.11p in early-mid Oct `18.
It took until Jan this year to start rising above his tip price with any gusto, but still only up to 2p. It did rise further only to be sold in to, and last Thurs, 21st Nov `19 it was at...2p!
Coincidentally, they announced a joint venture yesterday which bounced the price, but got sold into today back down to 2.5p.
So 18 months after the tip the price is showing a rise, but if you bought in on the tip you would have sat on a loss for 6 months first, and when you consider the spread on such a low price, and the fact that liquidity is averaging £20k per day you would probably have struggled to get out with a profit when you wanted!
He`s a `scatter` tipster, he throws plenty of buy/sell `tips` out there because law of averages says he`ll hit one big one eventually.... I could do that!
I didn`t bother to look any further because this example told me all I needed to know.