Member Info for Bottmzup

I think if there was a rabbit waiting to come out of the hat they probably would have waited until after announcing it to go with this open offer. And the fact they have reduced the price from 11p to 9p is unfortunate considering that if you wanted to buy more shares at 9p you can do it today in the open market.

Still a potentially great company with a great IP suite, but the AIM market can be brutal, and this situation won`t be regarded as much more than a plea for help.

Or to put it another way, the SOLG 6th day of selling has nothing to do with last nights DJIA fall, or todays early general selloff.

No, not `all` stocks are down...Hochschild mining are up! A gold miner!

Hi all, been looking in to 1pm and couldn`t work out why the sp had fallen on positive news. So thought I`d visit the discussion to find out what people are saying.
All I read is participants being equally baffled!!

But then I spotted the IC article posted on 13th Sept....and bingo!

Ever since their bullish report the price has plummeted....so the dreaded IC recommendation strikes again!

It does seem daft to link the two but it happens so often that its almost like the dreaded backing of a football manager by the board when their position is in question by disgruntled fans.

So there you have it....that`s why this stock has fallen.

ps the close of a trading gap at 46p today looks very tempting for an entry.

Close watch for tomorrow.

Sorry to hear news guys, I`m in Plymouth and know people who held shares and one or two that have worked at the mine.
Local paper The Herald reporting police called in to stop looting. Go to Herald website for more info.

ps. I got a call from Randstad last week to work up there on the weekend.....thank ***k I didn`t take it, I`m Ltd Co so probably would not have been paid.

Hi guys, what is a good support level?

29.5p

earthling says....as you ask if you look at my history you will see which stocks I'm in, Im in profit in all but 1 currently.

Yes I checked it, 150 posts on SOLG and no more than 2 on about 4 others!!

Genius

Come on then earthling...who do you recommend as a good buy `now`!

Quady, you are a proper player, and no doubt make money with a clever strategy. Good luck to you.

Unfortunately this discussion is infested with a high number of amateurs with their childish poems and mindless slagging off of posters that have sensible and credible observations, because they have no real clue.

They happen to get lucky talking to a mate of a mate down the pub who recommended buying Solg at a lower level.

But if most of them had to pick another stock they would freeze!!

Traders and full time investors use charts to time their entries and exits...when price hits pivot points up or down.

This one has hit a pivot point, a break of trend which started at about 20p.

Up to you.

Just saying.

Let me explain to the numpties, and I will only do this once.

You buy 1000 shares in company xyz at 200p...the share price rises to 400p so your origional £2k is now worth £4k!!

BUT...the share price starts to fall, so you decide to sell your 1000 shares at 380p for a180p profit...£3800.

The sp continues to fall so you wait, then when it reaches, say 200p again, you put the entire £3800 back in. So now you can buy back 1900 shares without adding more money!!!

So you started with 1000 shares, but now you hold 1900 shares...and it hasn`t cost you a penny more than your original investment!

If that is beyond anybody`s understanding they should not risk being involved in the stock market. Simples!

that's not the case unless the SP drops to any where near where we bought in at, which it won't!.

I don`t think you understand, it doesn`t matter what price you paid, you hold the shares. So if you sell your holding now you get x amount of £, you then watch the price fall and put your x amount back in at that lower buy level....this buys you more shares...you increase your holding of shares without having to add more funds!!!!!!

Not sure why some peeps don`t get it, but it IS very simple to understand.

ps I`ve recently bought into the very juicy ECR because of their recent detections of a massive find in Aus...where incidentally they have Millions of AUSD in the `bank` as a tax credit for future profits..confirmed!

So a bit like SOLG when they were 1p as far as future potential.

Worth a small punt for the long term, you may want to take a look.

why would we sell now and have to buy back higher than our original purchases?

Simples, to buy back again lower, thus increasing your holding, thus increasing your eventual profit by a significant amount.

Lemon squeezy!

All looks impressive, but how does that break down to the most important figure...the share price? Bearing in mind that these projections will probably already be known by the big market players.

Todays jump looks good, but why aren`t your figures already priced in, ie 300p+...it still doesn`t make sense.

Its major trend line break time...again! :-)

Long delay till the MRE update in December, gold and copper STILL a mile underground!!

Sellers will take control for the time being, who`s brave enough to sell and buy more shares back when the sp falls further?

My guess..nobody!

https://www.tradingview.com/x/Be9SAH1F/

Green lines are a nice buy zone. :-)

20% by close???
A bit optimistic when its only up by under 6% now!

Do you mean up by 20p?

This is probably having an effect today...

https://finance.yahoo.com/news/oil-price-fundamental-daily-forecast-053456413.html?.tsrc=rss&guccounter=1

I believe MM`s have to take price where the orders are `matched` against each other, buys and sells. So if a big order is waiting to be filled at, say, 225p then they drop price to accomodate because it is where the biggest order is on their book.
Once its filled the book becomes more balanced again and normal trading resumes.

Check out some YouTube video`s on the supply/demand trading strategy.

I thought market makers made their money on the spread between the trades, not by manipulating price down to gather some for themselves knowing a +ive update was coming, then taking price up and selling them for a nice profit. I think they are required to hold a certain amount to `make the market` but there must be rules to negate insider dealing.

Filling a big Institutional order sounds favourite to me....223p - 225p?