Member Info for Boyzer1969

Those flags are correct. If you think the algorithm works.

For every trade shown, there is a buyer and a seller... So for every trade you see; there’s one you don’t. The other side of those trades is a buy.

The algorithm is widely discredited as inaccurate and no one should use it. Google it. It’s just rubbish.

It’s a coiled spring.

Welcome to UFO moon trips.
fasten your seatbelt for the lower atmosphere pressure tests.
Once we reach main engine cutoff, the trollley dollies will be round with drinks and canapés.
My price target is 12-24 months away, so look forward to chattin

Haha - cushty. No risk, no reward, Dave!

I think we're having an economic war with China... And America is losing badly... The rest of us are not even in the game..

Whilst we are squabbling about BLM, the Patriarchy, Bojo, and so on.. and whilst they are all valid issues to some degree, they are planning intergenerational infrastructure and investments and ensuing their currency is a strategic asset. The way I see it, with some caution, I will continue to expand my investments in China, but with the proviso that it can't be to the point where a confiscation can harm the whole portfolio.

I'd not heard of VRFB before... Just read the wiki briefly as a result of your post... Fascinating.... Looks like early days, but if Moores law applies, then that ability to hit 0% charge without damaging the batt, is brilliant. I notice that there's already talk about marine applications, which coupled with Starlink, and my excess profits from UFO, will mean I can have a lovely EV Yacht in a few years and stay in touch when im in the middle of the Pacific... :-).

But seriously, looks like industrial size batteries, does that mean they are going up against Tesla Ozzie style battery farms?

Max, you got spies in Mexico at the moment? :-)

Mulletman...

I held a few BTC & ETH about a decade ago... When I saw what was involved and how the average Joe would have to work with passwords, wallets and how to get the money moved around, I realised, that it was all cobbled together at that time and people would struggle. The issue now of course, is its far more streamlined, BUT that complexity removal adds opportunity to interfere with the process. I was working on an RSA RC4 encryption audit at the time with PWC and the Learning & Skills Council, and the weaknesses we were uncovering in something far simpler and more mundane were just ridiculous. Ive since done some consulting with another organisation in relation to BTC Fraud, spent far too long on 14 hour flights back and forwards from Singapore, and all I can say is... I wouldn't put my DIY tools in most of these wallets... Not only because of the actors out there, but I honestly can't see any government willingly giving up monetary control and Ive also seen the proceeds of fraud confiscated even when its source identifiable. And the question of course, is should they give up monetary control. Whatever our thoughts on inflation and QE, removing those tools fully, isn't a great idea I don't think.

China... I love china right now... Personally I think its less totalitarian the the USA right now (#GinaCarano) but China Baillie Gifford has given me 32% since beginning of December... Shame about the human rights abuses, but hey ho, that's America for ya. :-). China is going to be the powerhouse in the future, so ive only added to my positions over there.

Japan - Im interested, but ive never really recovered from their 1990's issues... I just finished up working for a Japanese firm, and whilst it was 'good' I did have some concerns about their economy and their relationship with those around them...

India... Don't know much about it... Not tried anything over there yet.

10% in an ISA is perfect albeit a little ambitious... I usually aim for about 7% a year, but if you are in Ufo, you have the risk profile for 10% plus IMHO. (thumbs up)

Green -> On the fence with that... Have dabbled, im in DORE from IPO, but its very early days and its just creeping down...

Hi Rocket - very crude... I did a very basic analysis back in early dec, looked at the projects and assumed 3 of them would progress substantially down the project pipeline, but would only provide about 15% in terms of revenue what I worked out would be in the ground.. (i.e. JV approach by default) So, estimates, based on assumptions, based on neighbours tenements, a finger in the air, etc, etc... then assumed a 5% margin for profit.. Although to be fair, I don't know if we will see revenue in that timeframe, or possibly just for the 1 project. I've also taken the view that it would be forward looking anyway, as all trading is.

I didn't know anything about mining in December, in all honesty, I bought 1000 shares because I liked the ticker :-). so, anyone who does, just have a laugh at my analysis, smile and say, Boyzer, good effort and lets come back in 24 months...

What I also did, was look at similar companies with the track records I was hoping for, and looked at the RNS trails going back, how they developed and grew... Tried to see if the wind blew in their direction and we were to match it, what would have happened... That suggested 27p in 1 year strangely enough, but im going for 2...

I know nothing about mining, and although im reading lots, I think all I've learnt is that I know I know nothing and probably will never know anything about it... If I was to do another analysis, which I may yet do, I would come up with another exit point... but ive always found that finding an exit, then doubting one'self is not a great way to invest.

Hope that helps.. Im most definitely not an expert.

So, a more general chat for anyone who wants to discuss the wider market....

Hows the past year been for you? And is it time to change your approach?

I missed the Covid drop, luck more than judgment, had a fantastic ride for the past year and hit my age 65 retirement pot target in December, 13'ish years early. All in a SIPP, so no CGT tax and all tucked away from moi, so I couldn't rush out to buy an R8. (Dammit)

However all good runs must come to an end, and I just can't help but feel, that the US is now so overvalued, that there has to be a correction, or more than one, in the coming months... So I've liquidated a good 60% of my US & Global holdings and now looking for some equities for about 3 years when I hit 55.

Im holding so much cash right now it feels wrong, Yes I know inflation might be an issue, but that's a long term issue and at this point, less likely than a correction. Im suspicious of the Gold/Silver situation, so not in there either right now... Bonds have always hurt me... I don't trust the fed, never mind JP Morgan. I think retail investors have contributed to this market, I hope they don't get burnt, but South Sea Bubbles inevitably do sink some ships... I can't get direct exposure to BTC, but I wouldn't anyway... Im a tech geek, that's how I made my millions, I know how flaky crypto is and how useless Blockchains are when it comes to fraud. Good luck if you are raking it in there btw, its just not for me.

So, just throwing it out there... Anyone else taking their profits off the table now, or you gonna let it ride and not be as silly as me and not try to time the market?

Finally.. If you cut me in half, it says UFO down the middle... 5.2m shares, 27p target in 24 months, may hold til im 55, because I have a tax bill to pay that day.

What Starbright said....

Hold and wait. Patience. Pray. And trust your instincts.

The silver recovery process is much harder and more expensive than gold, the term used was that it’s more mutable. Thus far more silver is lost to its use, whereas gold is relatively straightforward to recover. The point being if there is more silver lost in its use because it is beyond economic recovery, then it makes it more rare, despite it being mined more than gold.

I’m not a chemist, not an expert. Just repeating what a specialist silver jeweller was telling me. He did the super bowl rings last year for the nfl.

Yeah - i dumped my paper silver (which was supposedly backed by physical) because when silver went up to 30usd, my paper went down...

The gold / silver ratio is very interesting, i understand the new silver gold yield doesn't stack up as you say. also, from a metals friend, i understand that silver doesn't stay as silver, in the same way gold does. apparently all gold is recoverable, but not all silver is. I'm no pm expert, so all of above is what i've read and heard, and have no idea how accurate.

The problem i have with the Silver manipulation theory, is that it's usually argued by those who have a conflict of interest, i.e. they have a long position.

We have seen Gold and Silver retrace over recent months from highs, but given that a lot of safe haven money is heading into BTC then perhaps this has made them seem less attractive. So if you buy that argument, then get into your PM's, because BTC isn't as perfect as they think it is, so much has been lost or stolen over the years, and honestly, does anyone think that governments will give up their ability to print money easily? Would we want them too.... BTC profits will head back into something physical at some point.

Personally, i'd focus on the variance between paper and physical assets when it comes to PM and the issue of just how physical, physical ETF's are. These are people's pensions, so if a physical gold fund were to fail, what would the recovery position really look like...

Cheers Coach....

GGP looks like a lovely reward for your patience.... What made you go in that far back - and more importantly, hold for this long?

Aim sure is frustrating which is why i normally avoid them. The low volumes on 95% mean they drift for long periods of time, the spread is ridiculous, ramping and de ramping can have a big effect, and usually the fundamentals are are weak until you are in the higher echelons...

So why am i in Ufo... Well i'm 5.2million shares in, started because i like the ticker (hardly a robust argument) i like the unrealised project pipeline, i'm aligned with the Ceo and Board objectives, i really like that a non exec is invested, there's been a recent placing so there's a window before the next one, it's in a bull market in its underlying commodities, the new pr company are an improvement, and Max and Starbright make this an interesting board... :)

i've been looking for another multi bagger, but right now, can't see any that fits my instincts...

sometimes ya just gotta take a punt....

Don't forget the other Market Maker symbols...

666 - Pandemic Alert - Sell all your holdings now - await 667 code
667 - Hit the bottom
668 - Lets blame China
669 - Order 66 - Execute all Jedi

Just because I was bored and as part of an experiment...

For those who "believe" the 'buy' and 'sell' flags, on the list of trades... evidence that its bu****it.

The following two trades were placed by by at the time specified.

09-Feb-21 14:21:24 1.15 100,000 Sell* 1.10 1.20 1,150 O
09-Feb-21 14:20:55 1.15 100,000 Sell* 1.10 1.20 1,150 O

Below, you can see my order detail - both BUYS...
-------------------------------------------------------------
Order Status Executed
Order Reference ODJVSG
Date 09/02/21
Time 14:21
Stock Name ALIEN METALS LTD COM SHS NPV (DI)
Action Buy
Order Type Market
Symbol UFO
Quantity 100,000.00
Limit Price
Price £0.0115
Consideration £1,150.00
Commission £7.99
Stamp Duty £0.00
Levy £0.00
Total £1,157.99
Accrued Interest £0.00
Expiry Date n/a
Settlement Date 11/02/21
Settlement Period T + 2
Market Currency GBP
Settlement Currency GBP
Indicative FX Rate n/a
Order Status Executed
Order Reference ODJVRH
Date 09/02/21
Time 14:20
Stock Name ALIEN METALS LTD COM SHS NPV (DI)
Action Buy
Order Type Market
Symbol UFO
Quantity 100,000.00
Limit Price
Price £0.0115
Consideration £1,150.00
Commission £7.99
Stamp Duty £0.00
Levy £0.00
Total £1,157.99
Accrued Interest £0.00
Expiry Date n/a
Settlement Date 11/02/21
Settlement Period T + 2
Market Currency GBP
Settlement Currency GBP
Indicative FX Rate n/a

what norm said.

David vs Goliath is one thing re:gamestock

Silver Squeeze is David vs WWF. Totally rigged and hilarious as a spectacle.

Some independant analysts have silver at fair value right now, demand will increase further so good chance of it rising, but how far is a guess.

(insert expletive).
final 1.15 / 1.25 and the mid ends up at 1.175.... be very interested to see if there was a 1.15 trade just before close to stop it from being 1.2

I reckon its just desirable for someone to keep it around the 1.175 mark... why... feck knows... The natural drift down of MM efforts though, isn't there, so I suspect at least two players in the game..

ps. Im not really a conspiracy theorist, I just like data and this stuff is Childs play with such low volumes. I think it bodes well for the 'hold' crowd though ...

just had another look at the trades list (delayed) I can't see a single sell on there, based on the trade price, irrespective of the flag.