Member Info for c2645sg

Dimi, the SP was walked up to 57p so the II's could bail out with a healthy profit from the 50p placing.
People have rightly lost faith, and it's dropping.
Any chat you hear about bots/shorters/any other conspiracy theory is utter nonsense.

Dunnie, I am genuinely intrigued.
Why did you start the thread 'taken for mugs' which you talk about the SP manipulation up to 57p so II's could bail out at the top, then buy in the next day?

Indeed it is brave, Selecta.
Why would you buy when institutional investors are selling a week before Q2 results?

So, nothing then? Am sure if there was something you'd be dying to tell me.
Like I said, am sure the fund knows more than any of us do.

33, such as?

Agree Dunnie,
And if anyone thinks the fund selling didn't know what's coming in Q2 results then they are probably in for a shock next Wednesday.
They will have had had more info on figures/sales than all of us.

https://www.insidermedia.com/news/midlands/former-major-shareholder-further-reduces-aston-martin-stake

Apologies, not 2% of the company, they reduced their holding by 2%.
Were these guys not huge shareholders, like over 30% before? Need to do some digging.

What does your gut tell you Frankeh?
2% of the company sold at around 57p?

I think you have a fair chance of being right about that Jeff.
Someone is selling/reducing imho.
I'm out, will keep an eye on it though.

Yeah Selecta, traders are all over a few companies right now, AML one of them imo.
We've seen some pretty wild swings recently.
I was waiting for sub 45p too, but then when it broke up above 50p I doubled up, rode it to 59p ish.

The Q2 figures will be dreadful, no point holding all my share and sweating it, all imho. Some people love the thrill, those days are well behind me!

There are no mad shorters, or manipulation though, the market prices everything accordingly. Sure, short term trading amplifies some movements, but everything always comes back to fundamentals.

Dunnie, I agree.
If there are obvious major swings (like SP getting ahed of itself, or oversold), I might trade, but otherwise I buy and hold.
I've sold 80% of AML today, not holding going into Q2 figures next Wednesday fully loaded, not in this market.
I was sweating a bit over the weekend, and it reminded me to reduce.

Relaxed week ahead, am pretty sure I can get them for less than I sold. Well, I already can, but will be waiting 'til results before I do.

It seems everyone is in for short gains right now, no-one wants to hold for any length of time, shares are up and down 5% in a day etc.
So I learn to go with the market rather than against it. :)

Dunnie, 78% of traders lose money, so once you see proof of everyone's 'purchase price' you can start believing them. Only 28% of people who say they win every trade are telling the truth, please think about that.

WG, which miners did you buy please?

Negligible, as I just sold most of them!

Unex,

Playing with low amounts is very tough. You have to go against the rules. £500, especially with someone like 212 with larger spreads doesn't go very far. It's probably one investment, so no chance to diversify.
Trading times and prices are crucial, and 212 will be the last to get quotes from MM etc. The amount you save will more than be offset in losses due to all the above.
I remember the days of £700 first investment. I put £100 on a speculative punt that disintegrated, and £300 each into decent earners. Quadrupled my money and then had something decent to play with.
At least with £1200 you can trade 10% swings.
Right now I would say buy and hold and forget about it, or find some more funds.
I'd be very careful right now though, market is all over the place.
Remember to keep the balance right, too much invested makes for sleepless nights, no point making money if you're stressed all the time.

Read up on fundamentals, everything else is just noise. Jim Slater's book helped me understand those things back in the day. Long term is always better than short term: less stress, quality homework done to understand fundamentals so you don't get scared by dips, always buy undervalued companies, etc.
Greed and fear rules the market/life.

Hope some of that might help...

Looks like it's breaking right through 60p without much ado.

Just topped up, think Monday is going to be a biggy!

Yup, been folllowing it all day and looking mighty strong into close.

Agreed Darren.
But read the Bloomber article I pasted an hour ago re vaccine update on Monday.
Let me know your thoguhts too please. I can;t see there being much downside as she has tried it on her own 3 kids!