Member Info for CaneToad

@Mck: In my experience, not many investors/traders forecast stock prices. It's a fools errand.

What's your ROI/CAGR so we can guage if you know what you're talkign about...

@Roty: what's this mention of low tonnage for Dundas?

I can't see any mention of that. Wher exactly have you read that?

@Pedro: No problem. I just wanted to hear your/other people's strategy. I have a decent chunk of this, but I agree that the technicals are poor and I don't tend to add in that scenario. In my opinion, it's going to be a good investment, but I guess only time will tell.

@Pedro; so you think that BOO is junk? It looks like good value to my eye. I admit, it's in a terrible down-trend, whichis reason enough to avoid for some.

@Daytradenovice: you're not prepared to give an ROI?

I find that 99.99% of traders and trading videos are fake and the people don't make any money; most just lose money.

Apart from the current price of BOO, what is you don't like about the company? Why is Amazon worth a P/E of 69, while BOO is only worth 16.6, while BOO wins on many fronts, including the balance sheet?

C'mon, you must be able to tell us something about your technique, other than midless comments.... How much ROI do you make from your approach?

Most day traders lose money. Do you make any?

Interested how much ROI you make with that approach.

Do you find that your comments make much of a difference?

Genuinely interested.

@PEDRO: "When shares drop,it usually has one cause.....SELLING!!!!!"

Is that your primary strategy? So you're a momentum investor?

You look for shares moving up/down and ramp/de-ramp depending on the direction?

PEDRO: Also, do you invest in anything (long or short, I don't care which) rather than just post?
What's your Style?

Spread some of your wisdom on why this is dropping. If not, I'll be happy to filetr you for eternity as an idiot.

Enlighten us with the cause of the drop.

I suspect that the primary reason this is dropping is the presence of a lot of short sellers as is currently a plague for lots of UK stocks. With most of the shorters coming from the US... and some small players from the UK.

@hey_arnold: "yawn. clueless. you been saying this will rocket from above 3000p...."

Are you able to provide any guidance as to why the share price is poor value at this price? or is it just that the chart tells you it's not?

@MrTibbles: what's your best guess for when those with the 'big levers' release them?

Are you bearish on gold?

It's interesting to se that Singapore bought so much earlier in the year. I am guessing that their purchase of 26.3MT was the primary reasom for the rise and hence the rise in CEY.

Continued, unrelenting selling.
All I can think is that this is being heavily shorted during a period of low volume.
Similar thing happening to Boohoo and lots of other shares.
Shorters galore.

Always appreciative of the genuine input from some of the so called 'experts' here...

Unless my eyes are playing tricks, it looks like BofA bought 7% in the morning and then sold them all in the afternoon, i.e. day-traded thse shares:

10:13am. From: 0.010233%, To: 7.070132%
15:50pm: From: 7.070132%, To: 0.015536%

Maybe I am an idiot. Happy to have the error pointed out.

There are also now serious questions that must be answered about why the Ex-IM Bank are no longer interested. The company must make these details known to the shareholders. Without Ex-IM or the European equivalent offerign financing, this is now materially weaker. Who will give debt financing to a company without any income? I can't see that happening.

My concern here is that by holding, my only likely reward will be to be diluted. As they've had no income for a decade, I can't see where else the money would come from. Dumping the lot and re-entering 6-12m time is definitely something that I'm thinking about. There is just no urgency with this company and as such, I'm beginning to question whether or not this is actually an investment.

Gold down again even though German Inflation Surges to 6%. What's it going to take to make it move? Perfect conditions, but it does not move.

I'm starting to lose my confidence that we're going to see a significant rally. Not sure what will make it go up.