Hiya mate - matters not which currency it is recorded as - it will be the percentage increases/decreases that counts. 100 cents in the dollar, euro etc.
IK - I have a word doc created with details on. Currently minus £50 (did not see the point of creating it in $) £1000 bought 12.5 million if I read it right and it was .008 to buy. Very odd looking at the trades though - as one through for 85 shares ?? like 68 cents!!
Its not listed on here being a US OTC share but will stick it down on paper and see how it goes. I used to have a programme which I did back in the early 2010's just on OTC and on paper was a millionaire but the reality was I was new to the game and too frightened to touch the OTC market.
Pr0 you must have been in SHG a while as they have not been anywhere near 4p in the last year. Done well from 4p. Have added it to the fantasy share portfolio with the usual fantasy £1k at current ask price of 12.75pps
Michael - the opposite of stop loss is "take profit" - that is perhaps the more sensible option as the prices rise.
That way you can ensure you keep what you need, and leave the rest to ride and IF there is an issue at least you have kept the initial pot. If selling all then never look back especially if you have taken profit.
I had the misfortune of taking profit on DGO all those years back and to be fair I made a very good profit, though had I left it another year I would have nearly doubled what I escaped with. I was happy but kicked myself looking back at the share. All privately owned now when the company bought all that was left for £8 a share.
Now that would be too life-changing if it were to happen here lol - I would be happily retired 'again' at 50p.
Trek - another scenario is that the share price rises to say 10p and has the inertia to fly past that mark - selling on the rise could guarantee a decent payout for some for some or all of their shares on the rise.
When there is bad news in the offing it is extremely difficult to get out alive.
Whilst your years of experience can give "you" a signal - for the majority here these days that experience is but part of a learning curve.
So whilst I am no financial advisor - for those new to it and looking for a good return of investment rather than the big dream - they do need to look at the price as fatal suggests - the MMs do play games - see what figure suits and pick it - you can set a sell price on the rise as well as a stop loss. Perhaps keep a number back but always good to bank a profit - profit is what we are here for.
I am yet undecided as to my own get out but hopefully next week I will have a better idea.
This is the dirty world of AIM in which we are playing.
only6 - you mentioned stop losses - Having a stop loss is great to keep a hold of some profits though they have to be set carefully would you agree?
MMs can make the price of any share plummet for just a few seconds - especially with such a volatile share as BPC is at the moment - just because they can. They can release many shares into the market so they can make a shedload.
Basically the warning is - BE CAREFUL - ensure you make your money - it is all there to lose - but let us not forget it is all there to make. When you have made enough to be happy, that is the time to say goodbye to some if not all of your stock.
Try not to become too emotional with your shares - we are all in it to make some money - there are plenty of warnings on all financial adverts. Scary and exciting times to own BPC shares.
Okay party people.................21 Feb 2020 16:52
Will we be having an onwards and upwards get together if we breach double figures by the end of the month?
I am pleased I am in over the weekend though there may be some trees shaken - not by the current blusters hitting our shores but - by the shysters aka MM's.
Not sure of the make up of the board here geographically but the frozen north that is the north east coast has some great venues and beer is cheaper than amarone, though the latter will be as expensive up here than where you can buy eels in pubs.
Have a great weekend all and look forward to any new nuggets of information from the weekend.
Love how flashy that set is on the v 0 x markets video though looks like it is just a small room with two seats in it, the rest being CGI - just hope the drill is real lmao!!
I invested heavily in BMR under Masoud Alikhani who led everyone up the garden path claiming billions of $s of copper resources - He left the company claiming dementia though we thought differently. Then Alex Borrelli came along and said what MA had reported was a load of tosh and we actually had even more billions in lead, zinc and vanadium so put more in - turns out he gave everything away and most folk including me lost many thousands - issues still rumbling on.
Monk, I raised that very issue a couple of weeks ago (i think it was that long ago) and was assured that had gone by the wayside. I had read some time ago that the referendum would come once the results of the exploratory well was in. The response was along the lines of previous incumbent in office and the new PM had done away with that requisite referendum prior to production. I will see if I can dig the response out and the poster of it.