Member Info for cindercone

Indeed, who are the markets going to steal their cheap shares from now?

Obviously the SP will retrace at some point. This sort of buying always attracts plebs who don't look at fundamentals but cash in for a weekend trip to Bournemouth, but things looking better and better.

Richken, you're saying BMN's broker has revised the price target based on the analysis of shareholders on a trading forum? That's what I mean by embarrassing.

I do understand expansion and BE cannot be priced in until contracts are signed etc. but I reiterate there is no justifiable reason for Meyer's re-rate other than trying to dig himself out of a rather large hole.

What's happened between the Sojitz buyout and now to justify a 133% increase in SP Angel's target price? Nothing. Hence why Meyer is making it up as he goes long. Grateful for the re-rate, but his analysis of the company's fundamentals has been embarrassing.

Fun innit?

ophidian
noun 1. a reptile of the group Ophidia; a snake.

Google is for females. It doesn't let you finish a sentence before making a suggestion.

Time to stop the sowing jokes. You're running out of material.

Windows 10 19H2 could be called “Vanadium”.

If the naming convention shift indeed happens, the 2019 Fall Windows 10 would be called Vanadium (V) in line with the Azure naming scheme. However, if this strategy is being followed, the 2020 version would get Chromium (Cr), which is already in use by Google.

https://wccftech.com/microsoft-windows-10-vanadium-vibranium/

We didn't have a spat, we had a discussion. I respect you.

Brokers do a vital job when used efficiently. Why do you think big corps wine and dine them - to set price targets? They're there to thoroughly research the company, produce reports and convince major investors to get on board.

How can you trust SP Angel to do that with Meyer's lowly valuations, lack of insight into the vanadium market and relaying of painfully incorrect information. They're pound shop amateurs who should be kicked to the sidewalk asap.

MarcoT, if you supposedly believe in EWT, then you should have as much confidence in the dips as the rises. The fact people don't is why it's bollocks.

Anyway, I wouldn't have posted any of this during the week, too much to be positive about and loving every minute of being a holder in this very special company. What are the odds on SP Angel revising their weekly price target?

I actually went out of my way, out of politeness, to suggest that those espousing EWT were not necessarily trading the share, but people should be careful not to trust the motives behind those pushing it.

It was aggressive reactions like yours and Ophidian and the removal of my posts that changed my mind.

Marco, because they're trading the dips and the rises, i.e. hoping to profit from both.

Endion, my suggestions of shorting are predominantly based on my initial views of EWT being baselessly attacked and having posts removed. Let's not be naive, EWT is about holders seeking to profit from the dips as well as the rises. Pushing a price target AND the expectation of it dropping is very different to the sort of upwards speculation we all indulge in.

Clearly, the objective is to sell and persuade others to sell into the dips. Otherwise, the system is inherently valueless. You might like to persuade me that you're just trading on the rises, but why would you do that? If EWT has any intrinsic, proven value as a system, you'd be mad not to trade on the rises and the dips.

Sorry, Knuttie, but you're wrong. His aggressive posts may have flown over your head, not mine. A lot of my early posts negating EWT theories were also reported and removed, which only increased my suspicions.

If he hasn't the courage to defend his views without filtering me, attacking me, accusing me of being a shorter (???) or having my posts removed, what I am expected to think?

Perhaps my tone was a bit short because from the minute I suggested his theory was duff - the theory, not him - I was attacked. The fact he was so incredibly defensive, led me to quite naturally ascertain he had something to hide.

What a load of cobblers. All I've done is defended my investment from those who seek to manipulate the price. I have not been rude or spiteful to anyone, I've simply countered a theory and requested holders open their eyes to shorting masquerading as technical analysis. These adjectives thrown at me and the so called 'filtering' and accusations of being Casabalanca or whatever his name is, is nothing more than a rouse to shut me up.

Ask yourself, how do I profit from my theory that technical analysis (EWT) is bullsh*t compared to how others might profit from espousing it?

The fact of the matter is, EWT is nothing but pseudo-science and anyone that actively promotes it as a way to earn higher returns is either deceitful or a moron. Don't you realise what these theories are up against? Trading firms spend hundreds of thousands of pounds to hire the best programmers in the world with computers stacked wall to wall in data centres as big as warehouses just to get their orders through a millisecond faster so they can gain an advantage.

Well guess what, according to EWT theorist (and similar), these 'idiots' needn't have bothered. All they have to do is read some moving average chart crap based on a head and shoulders pattern lol.

Technical analysis is to trading what astrology is to science. They find cases where the chart fits the theory, who knows, maybe they got lucky or maybe they're good at picking stock risers that will obviously conform to wave patterns because good stocks rise long-term and events happen (news/results/markets) that create zig zag (wave) patterns. There is some investor psychology involved, because MMs deliberately short shares - hence over accentuated dips.

But if EWT is legit technical analysis, don't you think everybody would be using it? The fact is, nobody is using it, except the 'trader' that goes to the casino thinking he has a “system”. But there is another reason for espousing the theory, to persuade others that it works when it doesn't, therefore creating artificial selling points from which they can profit from other people's stupidity. Call it what you like. In my world, that's called shorting.

How many people here have admitted they find these theories fascinating yet have no idea how it works? How many have been persuaded to trade based on the fact the poster appears to know what he's talking about and is respected?

All I have ever said is, don't fall for it. I don't mind people setting price targets, we all do it. We all believe BMN has a brilliant future, but this EWT crap is nothing but an exercise in market manipulation - in fact, that's the whole point of it, to find trading patterns that are the result of investor psychology not fundamentals. Whether said posters are deliberately trying to deceive, I couldn't tell you, maybe they believe their own drivel, all I'll say is, don't trust it, don't buy into it and definitely don't trade on it.

You can't figure out what I'm saying?

Something definitely stinks about the endorsement of a certain poster. I'd say to the board in general, don't be naive or taken in by posters wishing to manipulate other shareholders into taking a position on BMN for their own benefit.

As with Erongo, recent price movements have been dictated by a large seller, not some mythical investor sentiment. News and results will drive the SP and there will obviously be periods of profit taking. This is where shorters start polluting the board by trying to create uncertainty and dragging the price down for their own benefit. They're consumed by greed and want to trade on the downs as well as the ups.

However, there are many different types of shorters. Some are blatant, some think they are being clever. Well none of them are fooling me. Don't be taken in by this discourse. Technical analysis my arse.

Interesting way of looking at things Daisan, but from my knowledge BMN has been completely transformed as a company from the days of 1.3p. Indeed, you could argue its acquisitions have made it a completely different company altogether. Little wonder therefore that 37p was thought as preposterous.

Maybe if BMN transformed itself again, perhaps mining asteroids or something similar it could reach a 65p dividend one day, otherwise let's just cross out fingers we get the Eskom tender.