Member Info for Boyzer1969

Apparently Citadel gave $3b to Melvin Cap last year as part of a bailout and theyvare one of the shorters. And citadel handle the Robinhood trades.

Source: Reddit - so may not be accurate.

I think how those trading platforms who have ceased buys on those shares have behaved disgustingly. They stopped buys on the targeted equities. You could only close out a position. No wonder they had pullbacks.

Conflict of interest, who do you think owns those platforms or provides trading floor access. SEC investigation into that required i believe, not the buy and hold crowd.

Possibly - end of day selloff - but I suspect that with Silver poentially moving above 5% out of hours as far is UK is concerned, we may see more overnight holds that we would do normally at end of day, in intimations of those not wanting to be gapped when out.

Would be lovely to get a nice RNS tmrw and an overnight gap up... I also believe in Santa... :-)

Max - oi!

There a few new passengers here too!! Just happy to be on board though...

And I thought SN9 was launching today, not UFO..

Run UFO, run.

Oh sorry, wrong movie.

Boom - glad I topped up this am...

That happens - .7p is not a bad guess, as i feel there is enough of that trajectory in the TA, so more opportunities to buy in. It's all about timing our entry as well as exit. I'm usually good at entry points but exits i sell too early. I'm 20% down, but hey ho, with the upside here being 3p to 30p - i can live with the risk.

Cold... 3p+ would be a nice start :)

i will hold til i see the projects come online and we have a revenue stream... higher the price the longer the yacht :)

or take advantage :)

Can't argue with that... I still have empathy though for those who bought in at 3p and sold at sub 1p. It wasn't an institutions, they aren't that dumb...

I will still have empathy when i'm under Sydney harbour bridge in 2030, on my yacht celebrating the new year in with family and friends... The yacht that was paid for by that extra 1m shares sold to me at sub 1p.

That's cold cold :)

Sorry. Had to do it. Don’t know who sold them, but feel bad for them.

Topped up with another 1m. At .0944 was a no brainer.

Love a bit of extra gravy. Might allow me to buy an extra 10 feet on my new yacht.

Now in the 5m club. Eeep.

Cold - i’ve been working of FTSE having a max of 7000 for a few years now... Yeahs it’s gone past it, but i tend to extricate myself from some positions when it gets there and buy back in sub 6000... Not for UFO though, just a simple buy and hold - long term - can’t sit and watch it all day, waste of time and worry.

Smiler - yeah that’s my worry too. My cynical side has me worrying that it’s perhaps started by a fund manager lackies anyway, to spite someone else, or they will find a way to profit from it anyway.

Ive joined in, but risk for me is less than 0.001% of pot. If i get burnt so be it, but as the expiries are still a bit away i can get out with a few squid.

Normbeef - correct. Corrections and consolidations are really good. Selling during these phases is succumbing to the psychology of trading and exactly what is required of you, to fill the pockets of the big boys.

Spiking almost always follows a consolidation or correction, so for me usually the time to buy is during these phases.

I’ve never really bought into support and resistance methodologies so i ignore those comments, because i’ve seen them blast past those supposed levels with 1 small trade. I know that some psychological levels can be self fulfilling but nah, think it’s part of TA which smells of gaming again by the big bits to make one worry or to trigger sells on the way up.

As always, DYOR, examine the fundamentals and ignore short term price movements. UFO is going to be a rough ride, almost every equity not called Tesla is. I don’t think i’ve ever had a share thats not made me doubt my sanity, my entry and exit and want to sell for a small loss or after a small gain after being neg for a month. Long means long.... 12-24 months from now, that’s where the yachts and holiday villas are.

Keep the faith people.

Looks like NOK is in progress too - gotta be honest, with the amount of manipulation i’ve seen in two decades, have to hand this one to the millennials... Well done!! Stick it to the man. Mind if make a few bob. ta.

GME is hilarious, suspect that the PM market will be targeted at some point...

Anton Kreil does a few youtube videos on the spreadbetting sector and goes into a lot of detail about the 90/90/90 rule it operates by. 90% of retail traders lose 90% of their money within 90 days. From what i've seen, pretty accurate. He explains how the individuals promoting themselves and their system and their experience as actually funded by the spreadbetting companies which are in turn incentivised by the investment banks, so the whole system is in effect setup to part you from your money. Their software, tutorials, their tools, all geared to help you fail.

I think AIM is a different setup, sharks and manipulators, but ultimately, sticking to fundamentals, under standing technical analysis, entering at an appropriate price, having planned an exit or three, it can be quite profitable.

I would think there are far more successful traders or investors via AIM, than successful gamblers on spreadbetting... But i have no evidence to back that up...

That's a fantastic listing....

Well i hope it doesn't happen, but yes, good point on it being piecemeal... That being said, market cap is so small, £15m would probably trigger the process, £30m controlling interest... Any one of the project are worth that.... Just a risk i guess..

The sooner we get assay/news and the SP at a level that reflects fundamentals more closely, the less of a risk.