Member Info for Chartist2

Bassguy, who are those misterious shorters? Anyone you noticed on this billboard?? Whats also interesting to see: The discussion here now shifted from bad guy market makers over to malign shorters. Fascinating!

Chillipepper, IMO its best to consolidate from time to time to maintain a clear overview. Another thing I found out (decades ago) is that its best to hold merely a handful of AIM shares. Yes, some of the "sleeping beauties" will wake up one day, but alot of them will be gone in five years time, and I dont want to experience that. No advice meant of course. My main positions are bluechips or Ftse250 shares. Lots of nice discount there in recent months. (How did you decide to hold full risk here at N4P, while half a dozen posters were stating they are taking profit from 14p...?)

... whats much more important now, is to keep an eye on any sudden rebound. And then see that all buys trigger and get you back in the game. Just my opinion. @DarryIJ, well said ! The russian guy who shorted Dortmund, after attacking them, left everyone speechless here on the continent!! If you read deeper, you'll see that his plan was to quickly leave Europe as soon as he got his 1M euro, and flee back to Russia. What a world!

Well said gkb47! Now that Bushveld has almost bottomed out, there is no need to keep on digging. The max downside has nearly been reached now, and whoever didnt bother to take profit from 48 or 46, should not bother to sell at 32 or 30.80p, the max bottom from todays technical view. ----------- "...trying to convince everyone that the share is only going one way, down, when they have an obvious short position."

Luckily today, loudspeaker, we know that quite a number of PIs have sold or topsliced their shares eversince 49p, eversince November and December. Good to read this openly. In some cases we are talking 100s of Ks shares. This is why after many weeks we are here at 34p, not because of mm's who maybe play with the price for a few hours. ---------- "AIM is a very inefficient market and at the mercy of the MM's who at a wim can drop the SP 20% in an instance to trigger stop losses and..."

Off to the gym now... Enjoy your weekend!

Well done, Expert! Hats off for that. Ans I agree that its sheer impossible to trade 3M shares in and out. My point is that people here should inform their fellow posters if they are selling. Every day we see detailed buy-figures, but zero zero selling statements. Except three or four people who dared to say they took profit. Thank you, 993444, for clarifying!

993444, just please excuse me from those posters. That would be very kind. (Fair enough, Expert! I also plan to buy back as soon as the upper barrier lines are breached.) @Srob, Investors often have a core holding that he or she wont sell at all, never mind the Sp. Just like company directors will hold on, despite the current fall.

Nice one, 993444 ! Quite a smart move. I also derisked at 49p and sold the majority, while just holding a small core. Just wished you had the gutts to openly state (to your fellow holders) that you were actively topslicing - substantial amounts!! IMO that is what a "sharing chat" is all about. --------- I admit to adding to and selling my BMN holding as price changes. I reduced my core holding to 200k when the price first went over 40p, my holding has now drifted back up to 300k and will probably get cut back to 200k once we approach 50p but that is to ensure I do not become over exposed to any one investment in my INVESTMENT portfolio (my 10% rule)..."

"...because nobody....not even the TA experts ;-) can predict with 100% certainty where the SP will rise or fall. If they could they wouldn't be posting on these BB's." dryland, and this is the big confusion and misinterpretation amongst investors: There is zero prediction needed!! All I need is to know is that Bmn has not been a buy at 49p, and then act accordingly. Plus the technical kit produces reliable bearish signal lines which confirm the path. So far this plan has worked very well. Posting? Its just a little pasttime to pass those many hours bound to the desk.

"...cashed out at 2k lost. But whenever the prices stops dropping 1% here and there, I will be buying back in but in theory il have more shares for my money. So why doesn’t everyone do that? It’s a plan." Srob1968, If everyone would sell at the same time (with the bearish alert from 48-46ish, the Sp would have crashed to pieces. You always need a large majority who keeps holding, otherwise the swing trades dont work. Actually one needs to be thankful, for large, yearlong holders who kept holding since 49p. No advice meant of course. If you decide to swing trade, thats up to you. Quite a number of private investors in the UK or here on the continent live on that. But thats very time consuming, so that you cant really do it while running a truck company, right? :)) Furthermore the trading station is quite costly: utopiacomputers.co.uk/trading-workstations Not to mention the capital to start with! And you will need nerves of steel. Might not be such a good idea to start out in advanced years, when your just ten years away from pension. People are meant to derisk in later years, save the remaining capital, and take it easy once you're 60 or 65, right?

"...not loosing any more money for 2 whole days !!! 56 different investments 46 of which are now in the red. Is that a record?" Chillipepper64, yup, those are far too many holdings. And its an expensive collecting hobby that you have. No advice meant of course. I assume many of them are shares you once bought (based on news & belief), and when they dropped, you decided to tugg them away and put in bottom drawer. And probably most losers are AIM shares, correct?

Mister Rich101, how do you know where most people went in above...? I havent watched Bmn last summer at all, as we've invested in a threefold in another share at that time. ------ Where's the peak price, where most are in above... Answer 29.55!

"...he just posts whatever the sp is currently doing, and hedges by also saying it could go the other way. No scaleability, or date projections. I could easily say that this (makes number up) is going to 37.6p and claim glory when it does, or say." UKsteveg Whatever works for you (or me), my friend! So far Bmn has been very profitable:)) And, in case you didnt know that yet: I dont seek to gain zero (repeat: zero!!) share chat "glory". I prefer to be labelled "100% wrong" on a public chat, and be 100% up in the daytrader portfolio. Let those guys look at their own PF and scratch their heads. Each to their own! Hopefully BMN stages the rise in March, as Ophidian mentioned recently.

FilthyRich, I had 35p as the retracement target when Bmn created the bearish double top. Now that this target has easily been reached (despite fatbanker allegedly buying shedloads at 44p, 41p, 39p, 35p and 34p today), the current chart is pointing to around 30.90. But I take your (new) targets in consideration.

"...surely the bottom or bounce will happen when the market makers run out of shares from the tame seller. Not sure TA can predict this?" DaddyBigBucks, first we need to establish the absolute peak price as a fact. That double top in mid December, that has not been surpassed - never mind the amount of PI buying (or ramping). Then we draw a timeframe on the chart, from the time that was needed to reach the first top. This gives an indication how long the following bearish trend will last. Without looking at the chart, one can say its 30% off the peak. By looking at the chart, one just takes the bearish trigger lines (48.50 and 46.50) and calculates from there. While nobody knows if the retrace will suddenly stop (news?), what we do know, are reliable bearish signal lines and see if they trigger: 44.00, 39.80, 35.90, and now 32.00 and possibly 30.90p. Happy for all who have been able to use valuable TA infos in December for their profit. Best of luck with your individual strategy!

Every plc company is interested to trade within a stable/ reliable price range, and this is why there is a wide variety of strategies for Sp maintenance. Such as spontanious positive announce from the ceo, or company share buy back, or through employee share buy incentives, or by calling financial allies who agree to buy a fat share and help to stabilize the price (and maintain trust). Without the help of some large buyer today, N4 would have gone to 8 or 6p, in my opinion. Now lets see how they steady out next week.

In my opinion it was a maintenance buy to prevent a steep price drop, because N4 was risking to dive tp 8p.

Hairyhatman, what happened to you? Where have you been? (Astute business man???? Come on buddy, on the youtube video he is a 30 y/o boy, like the guys in Zürich I join for afterwork drink. Just a few years ago he was a small broker - and I mean AIM shares broker!) (Dont confuse him with David Farrier, who is in a totally different league, and a long term UK business man.)

John077, since about two weeks I had the word capital raise in my head, given that N4 was financed just till summer. As a guideline I deducted 20-30% from the current price, pointing to 8-10p. Just a coincidence that I posted it yesterday. While I was 80:20 sure that they will raise this or next month.