Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Consolidation drift. No revelations that impact the SP.
I don't think anyone is shorting this equity,
Don't get to too hung up on what is regarded as a buy or a sell, because both are in each transaction,
Level 2 can be manipulated, with orders which are never intended to be fulfilled, which in turn affects the mid which then dictates the buy/sell flag. Ignore it, its outdated and meaningless.
Ufo isn't a quick burner, if you take decent tickets, £10k, yeah sure you can day trade it (just) but it doesn't have the volumes. Sure there may be someone sitting behind a professional broker trying to offload a large amount, thus you get just enough creep to keep a bit of downward pressure... Institutions only represent about 10% of the Cap I think they might be dribbling some in.
Volumes are probably a better indicator of what's happening with UFO... When the big news has made changes, 300m+ is changing hands, right now I'd say the average is about 30m.... That won't change until something substantial gets out, or is RNS'd, and only then will you see the next step... But you will see the volumes change as well as the price action.
Patience is everything with Ufo.
:-)
I plan to use my profits from Ufo - to buy as much SpaceX as possible - pass it onto my kids.... Maybe they will be able to get to go to Mars one day... I fear this rock is doomed lol.
Tempting isn't it...
Age 52 - sometimes I feel older - sometimes I feel younger - when they let me. :-)
North Kent.
Retired.
Peeved @ Covid screwing up my early retirement
Still wouldn't have found Ufo if I had been sitting on a beach sipping Pina Coladas
No I don't publish - on a candled chart, have a look at the 1H and 4H charts, basic set of indicators, MA on 9 & 20 and MACD 12, 26 - trading view is decent for free...
Its a good RNS to help with the 1 & 4 hr candles... Push today - cross MA's tmrw, MACD goes positive Friday. Hell its almost as if someone has decided its time to unlock growth for this SP, knows what they are doing, and having it based on evidence, not just stupid ramping.
Has to be the right partner at the right price though...
I hadn't even factored in Donovan 2 to my price target of 27p for 2021 :-) Moved quick didn't they - I guess you do when you start investing in drill programmes as a 3rd party...
Max111 - have you had many parabolic's? Im usually just bit too late and ok, I missed the sub 1p, but this rocket ships' engine is on final countdown before lift off.
Good - before too many get hurt by some idiot in a bedroom in a third world country, routed via Brazil, some of the American Uni's (bet you didn't know these servers feature in a lot of attacks) and so on, empties a load of wallets, then disappears... Again...
Unlikely to break & hold above 1.3 til later in the week unless there's a positive RNS... The candles, specifically the way the 1h and 4h candles are lining up, its looking like a RNS on Thursday would do the trick... An amazing RNS would blow all TA out of the water though, but if I was watching & timing RNS releases, that's how I would 'schedule' news.
Hoping the results for the airborne survey come in good and imminently.
Also, I think we should be expecting a RNS for the final results of the in-fill sampling of the Kalgan prospect they took in December.
Hopscotch.. Have a look at GB00B39RMM81
10-20% is good enough for me, but its always great to find a multi bagger, or something I believe is going Parabolic, eg. UFO.
I believe in diversification, but like I say I rarely use Bonds, and I believe you can diversify in different ways.. For instance, I don't know how much legs SP500 has left within it, big tech is in for a kicking now. In December, I halved my exposure to the US and increased my small cap exposure and went for a more balanced global view. Funds are good for making big changes like that, and whilst I may have been a month or two early before any large correction hits, im now more into markets which were left behind in the US Bull run. I don't know who will benefit most, but I wouldn't be surprised if China is going to to see some amazing returns, I am already experiencing some great returns over there right now...
Equities... Love them, and risk/reward is there for those who are good at picking.. I like industries I know, manufacturing, education and technology, my other half is a healthcare guru... I think tech and health have had a great run, but having enjoyed it, the excessive profits ive made in these over the past 10 months, im now looking elsewhere and funds are good until I identify those opportunities or I see some indication of which sector(s) are going to improve the most next. Again, funds can be good for helping identifying equities too, by monitoring their 13f's.
Im very fussy about going long on any specific equity, so it tells you something about how much I like Ufo.
$7 is cheap if you ask me :-)
Smiller god no - that would give me ulcers lol.
I use Funds, PM's, Bonds (rarely) and of course Cash & Equities. The funds and the metals are pretty much fire and forget, so equities only ever take up less than 15% of my portfolio. Keeping the 3/5% rule stops me looking every few minutes at prices, lol. I have a lot of free time, so this is a real danger, of over trading for me.
Equities, currently only in AZN and UFO... Im really very fussy about equities... wouldn't touch BTC, loved Tesla, but exited when I thought it was stupidly high - 677.. :-( AZN I will be in until summer, if what I think is happening is happening there... UFO, I bought first tranch early Dec, just small qty, which I used to monitor and focus my research... Now in at 3m in past week or so..
In terms of balance/diversification, its not perfect, but I have a weekly average I like to maintain that allows me to hit long term goals... I prefer geographic diversity at the moment, than bonds/equity right now, eg. I only have 30% in the US, since early December, and my eastern split is returning very nicely return at the moment, 5% a month...
So, quite active, but I don't work, and if I ever get the itch to go out and work, I remind myself, this beats working for a living..
I think overall, UFO is the most interesting and promising share in my portfolio, albeit the only one I'm running a loss on, I think when it comes in, it will probably be my best ever trade that I did complete, its just a matter of when it comes in.
Does mentioning GGP count? Hoping for a UFO RNS and we can start to follow their trajectory of last year.
Yeah. one of my mates woke up to a 20k loss on his - trust me I know what I'm doing - pot. Apparently is in it for the long haul and these sort of corrections are normal... lol.. Feel sorry for those who are just getting on the bandwagon right now... Its gonna hurt... Im of the group where 5% of pot on on a single ticker is taking a chance, 3% is my limit normally. But what do I know, only been doing this on/off for a cpl of decades...
Bishop if it hits 30p you could probably buy Amsterdam.
Tesla is just mental. I dumped my final batch at 677, thinking that would be the end of the run following the deliveries release, but it seems like its a run up towards earnings, so will potentially hit 900 now... Damn thing just keeps going and going... When it and BTC crash, its going to take the whole market with it...