Member Info for Chartist2

Technically, theres a mid term bullish reversal in preparation - till about 4.20p. Dyor.

Really appreciating that you guys try to focus on BMN.
But still, lets hear all other peoples opinion about this company. Every fair/ ethical poster should be entitled to his or her opinion.

Best of luck for the week closing!

That was a good keyword for this week, RichyRichf3 !

Folkies, IMO the current rise is a treeshake, and it could likely go to the mentioned 37ish, from genious Coldspy. Any treeshake works both ways, you know :)) Now that quite a few dumbheads have thrown the towel down at 25 the other day, this rodeo bull will try to spike and make many others jump on their five pence profit. Once that some more smalltraders have gone, once that 35-38 is established as the new LT platform (took us months to get there!), this is where Gcm will stage its main rise... without a large majority of PIs. Just my observation after two Guinness:))

Nope. blackrock, here the understanding is that stock investments are risky investments that you yourself decide for. And bcse noone can actually plan to gain anything (except dividend), the gov sees no right to take away your gains. Look around how hard many PIs work to make a crumb... Look around how many pitfalls they have to endure. Then, once they see a sudden twofold they are taxed 20%?? Totally unfair IMO. In CH, stocktrading is comparable to casual gambling in a casino in Geneva or playing and winning the lottery: You obviously worked for the money you bring to the casino, you took a huge risk - so your profit is yours. Assuming that you are still just a private investor. If you opt to turn professional, you will be taxed modestly, such as 20% (incl. unemployment insurance etc.). (This explains why some of your institutionals who rely on daily high frequenzy trading are located in Switzerland or british Barbados:))

...and best to remember that the next positive rumour and news release will likely cause a lasting share rise, where lots of PIs will be shaken out.
Treeshake works both ways you know.
If such a rise will come tru in the next few weeks, for instance as 5.50ish and 6.50ish, lots of smalltraders might be lured to jump ship, only to see the Sp establishing around 8.50 and 10p soon after.

Well said guys, this sudden journey north could reach out to about 37.40.
- tomorrow overall important that 29.50 will be maintained
- for me, sure thing confirmation if 31.50 is climbed

No advice meant. Best to DYOR!

Someone is collecting shares, folkies. Where did those trades come from all of a sudden?
Vol. Sold
370,153
Vol. Bought
694,614

Guys, where the hekk is everyone??
That 29.50 (mid price) could be breached as we speak...

And now give me 29.50p on the screen, and I will cure you from all your burden and sorrows...
LoL

Five minutes to go.
Expect a share spike in the morning...?

High: 29.00

Come on, cheer up mike, we are on AIM,
its meant to be fun, right? :))

Mike, its just a theory on the stockmarket and is called "forward selling".
All you need to know for instance is that for during a cple of weeks there will be no updates, or that the next substantial update will take two months waiting and only arrive by March. If you are a bigplayer this would allow you to take all coins off the table (those huge sells that immediately started when 7p was reached and collapsed), and then use the monthlong "radio silence" and simply wait untill small traders are rinsed or throwing the towel. Just as they are doing now.
In my opinion this is why noone has heard from Jackie. For me it looks like the (cheap) buyer has not completed just yet. Once he has collected enough shares you will start to read positive news again and see ITX jump to 5.50p, which is the fair value from TA point of view.

Just my worthless opinion. And no advice meant of course.

Not a normal capital raise, mike29. I am referring to the quite new practice on minicap stocks where large financial allies use the opportunity to sell high, and buy back much much much lower.
Just as they seem to do now. Scroll back and look at those some of those 200k and 300k sellers at 6p and 5p. And now look at those repeated 100k buys in recent weeks that are collecting shares...

Some of those fat 500k and 300k sells that went though this afternoon might have been the remaining share placing holders.

@hash,
and right now we have a similar TA situation:
629/630p seems to be the new 530 barrier line.
650 is the new 550 barrier line, where massive buyers arer sitting.

ii's often place their automated buys in a long distance, to make sure they only trigger if there is a sustained long term uptrend. This is why last December most attempts to climb 550-560ish have failed (the barrier where you soldout).
Only when 550-560ish was fully climbed (only in recent weeks) we suddenly see a large wave of buyers who lifted KAZ to this fantastic 620ish.

Good one, hash!
By the way, the signal (large buying) that you referred to today has been the mid term upper barrier in Nov & Dec, where large were sitting. But those were rarely triggered. Last winter, in most cases KAZ failed to cut through these LT trigger lines (for instance 551 & later 562), which then caused a weeklong retrace.

While I already sold one or two days before, waiting for 551p to trigger a new large wave of buying, you seem to have sold exatly at those peaks. Well done, and very risky! If that 550ish and 560ish had been fully regained in one go,TA's would have triggered large buyers and lifted us to 600ish a long time ago.

...ask if you can "donate" it, thus erasing it from your PF.
Here in Switzerland you can simply donate trashstocks - or any share that you are fed up with. The bank then tries to wait if there will be some more rise, but eventually colletcs all pennystocks, sells them and donates it.

Well said, Maik.
IMO its quite unlikely that Bushveld has crashed (30%) since the mid term bearish alert in December, just because of Sp manipulation. By now, several posters here wrote they've topsliced since Dec/Jan., and that they plan to topup again or have been topping up just recently.

Very good sign that 26.50 has been established once more as the LT trend line.