Member Info for Bottmzup

Yep, market says no!
I`m a trader, been in and out of OBT over the years and sick of `positive news` driving the price down!

So many other shares out there going up 10-20-30% in a matter of days or weeks, so I`m only interested in rising tides from now on, or much better prospects with gold or oil companies medium term.

Price fall again today here because of background negatives ie Govt restrictions in Mozambique etc.

It doesn`t matter how many shares MP buys because that just looks like he`s not telling the whole story.

3000 shares on the LSE and many are far far more enticing than this one, otherwise the price would be rising.

The market doesn`t lie, so like I say...until OBT show a solid rising trend I won`t be back in.
If it does, I will be timing my buys, because I cant see a major re-rating here anytime soon.

And I don`t care if I`m wrong and caught out missing a decent spike because it will be sold into quickly as sure as eggs are eggs.

I`ll take my chances on shares where the price chart gives better readable signals.

This one is a `catching a falling knife` gamble! So I`ll stay out until news and market reaction says its time to think about getting back in.

Good luck.

They don`t even have the update on their website, or any mention on Twitter where they seem to like posting all kinds of mediocre pronouncements of speaking at seminars or their AMBC tech is being featured in some magazine!

Why the hell wouldn`t you update the stockmarket world as to your current fundamental situation and future projections!

Seems a bit amateurish which I don`t understand.

Seems a bit strange that such a formal looking document wasn`t released to the market via RNS. You would think that after a fund-raise attempt that was only partially supported they would want to make a strong case about the future and put it out there for all to see, not for someone to find on an external discussion site.

Why?

ps...unless the trend turns upwards!

And not interested in trying to call the bottom, thats a mugs game.

I`ll come back in when the market believes the hype.

Finally decided to leave this story, fed up with not being able to sell when I want, or buy when I want, its been happening here for a long time...the most frustrating share I have ever known.
I got out on the last spike and put the funds into SOLG, a far better proposition for the coming months.

Fed up with the price being manipulated and faffed around with outsized spreads.

My funds are much safer elsewhere, I made a good profit in these before but am not confident about the future share price. They seem to be saying that its all looking good but have been saying that for too long.

Wasn`t my biggest holding in my portfolio but ran out of confidence when there are so many others in a rising trend.

Good luck to the faithful... but I`m out!

166p is inevitable before any bounce...its just the way it is because thats how trading shares goes...no volume buying will come in now until that major support/resistance level is reached and reacted to.

Oil isn`t going to bounce in the next few days so buyers here will hold their cash until the major support level is reached.

FACT!

Breaking trend lines and moving averages (death cross) left right and centre in a downward trend, so no appetite for buying.

Brent Crude just gone below 60, breaking major support.

Next support level for GENL is previous peak from Sept 2017...166p.

Everybody had the chance to buy at those levels, but only they knew why the price was that low! Its easy when you can see the cards.

Or was it all arranged many weeks ago?

Not so sure I believe that JM and MC have rode in to town to rescue the slide on their white horses....just for the benefit of those poor shareholders!!!

No mention of the 1.162m though, I wonder if that was Ross Beaty!

.....listed as sells!!!

So Director buys then.

why?

Agree with all of that, and yes it does look like the shackles are off for a further rise....I do have some spare funds sitting in my account but I`m trying to remain strict about not overloading in one stock so I decided to stick with what I`ve got.

Good to see blue days for a change though.

Nero, it can`t gap up more than 24p - 25p, and that would be if the big trades aren`t included in todays data. So 1p isn`t really that significant.

Don`t think any of these big ones this morning are buys, data on MoneyAM saying trade high 25p...trade low 25p...vwap 25p.
Agree with Slippery, 2.45m showing today are previous sell orders now filled.
Over 3% of shares in issue so should be seeing an RNS soon.

Hope you`re right Slippery, fits in with recent games. Should be seeing an RNS out soon then.

I did a dummy quote for a piddling amount and got a buy price of 25p, so I wouldn`t be too sure these big ones are buys. Equally if they are sells then it should have moved price down considerably going by recent data. I`m hoping they don`t delay the move down like they have before.

Who knows.

Posted on Twitter yesterday...EXCLUSIVE: Newmont mining secures license area next to ECR Minerals’ Baileston gold project...

http://www.valuethemarkets.com/index.php/2018/11/15/exclusive-newmont-mining-secures-license-area-next-ecr-minerals-baileston-gold-project/?utm_campaign=shareaholic&utm_medium=twitter&utm_source=socialnetwork

Now there`s a Company that could put a AUD66m tax loss to good use!!

Thinking it will close the gap at 20p from the previous low on 21st Jan `16.

Although they`ve just moved mid price up as I write...first time in a while.

Was going to have some on the gap close, oh well, don`t mind if I miss out if it means price rising.