Member Info for contrarian123

Oh Billy billy little billy.

The people here invested for genuine reasons - You amuse me.

The genuine reasons ceased when the bad news came out.

There are 2 types here - The stubborn ones that are stuck and not worth selling because if u invested your Crown Jewels and you end up with nothing by selling you might as well stick it out and have a story to tell to your children.grandchildren

The 2nd type is you little billy. Carpetbagger. Came in for a quick buck tried to pump it - not going your way and now you are an INVESTOR.

That about it sums it up little youngling?

I am willing to bet that the bit about "I see value below 60p" is only to do with price. It is a usual mantra of bottom fishers.

It is good to say that when the price is higher and you see the company having a moat. There is no moat here. If it looses this support it's COVID prices again. So in my book this is all BS

It is a case of sell the rips with ITV until McCall announces her departure or some kind of deal manifests itself or a big fund starts aggressively building a stake. The latest fund addition does not count. They are the MaryBr of funds. They just buy and sit on it for years

Yes Beo - I have noticed she does this on a lot of stocks. Waits for prices to drop and just buys at what she thinks are bottoms. I doubt it is profitable unless you have lots of funds and a lot of patience seeing red possibly for years. In any case I doubt the returns are better than a good savings account and the exposure to risk very high. Add to your winners people on backtests of a moving average not on where u think the bottom is. You are retail providing liquidity to institutional shorters

Such a bad tactic Mary - effectively trying to catch a falling knife by averaging down. Instead you should try the same tactic with a stock in an uptrend. Not in a downtrend. I have been guilty of this in the past. And now on the 1st day of a fall and 3 days before what are most likely to be past results adding? At least wait until the MA20 gets retested or after the results. If they are stellar then they will be plenty of time to be adding on the way up. If they are not you are in the ever loosing game of adding on the way down waiting for an unspecified amount of time for this to turn. Perhaps maybe during next earnings cycle.

Not a very good tactic and you end up waiting and open to potential bad news events (e.g. inflation going up, divi cut etc)

I may have said this last week but if I haven't here it goes.

The RNS last week is in my view a bit of a desperate attempt on the part of the Lame Dame McCall to show that they are doing something. It was received seemingly well since the price jumped by 15% and I managed to exit half of my position here with a profit.

Now, be aware and I haven't looked into this properly but some institutions will have to reduce their exposure either because they do not believe in spasmodic measures like asset sales or because they do not want to be holding more than 10%. This will come in play when the promised buybacks start occurring. So not an immediate problem.

I stil believe the results will be dire and would not be the least surprised for the SP to return where it was.

The only meaningful thing you can do is sign the petition to ask for her resignation - Over 1000 signatures now,

Failing that the mine both Araguaia and Vermelho can be converted to car parks or even better setup the next Glastonbury there. All this mud it's perfect

Perhaps NVIDIA and SMCI could invest in HZM I mean they have trillions of market cap. But wait do chips contain Nickel?

I have a better idea maybe a good salesman can persuade them that the mine is a good location to setup an LLM server farm. I mean with all this water nearby and green electricity it would have the ESG credentials.

Come on people let's get creative here. I think a letter to Jensen Huang is in order since the Saudi's didn't come through.

Hope dies last

If a sale of assets can generate a 15% rise - Just imagine what the resignation of the lame dame could do.

https://chng.it/cM8NPxLWgh

The petition has had outstanding participation - 1000 signatures

But they can also be very profitable. So...

A) Diversification is a must. This is where you need a basket approach. I limit exposures to

This is a thread from X from LeShrub (full attribution) that describes a foray of his years ago in Churchill mining. Here are his lessons learnt. Unfortunately for some posters here these lessons may not have been learnt. The thread perfectly summarises all my rantings here over the past 18+ months. Hopefully some silent viewers will notice because the delusionals certainly won't.

“My Worst Investment Ever”

(and how to protect yourself when investing in Mining or any other high risk asset class such as Crypto & SPACs).

Back in 2010, I quit my job after a good run and took a trip to Thailand with my girlfriend. I booked a $2k/night hotel in Krabi. I felt invincible.

Before I went, I had the great idea to put 15% of my portfolio in a london-listed Indonesian coal miner called Churchill Mining.

They had just won some licenses, coal was hot and this thing was going to print cash. My smartest friends were all over this and did extensive due diligence. Was a sure path to riches.

I’ll never forget the text I received from my friend back in London. I was on the toilet seat of the most expensive hotel room I ever paid.

“Did you see Churchill”.

I checked the share price on my blackberry. It was down 90%.

I jumped off the toilet seat.

It turned out, the Indonesian government expropriated their mine...some local oligarch wanted the license so he made sure he would get it.

What followed was a decade of legal action which didn’t lead to anywhere. I sold everything on a relief bounce but still lost 70-80% of my money.

And my dream holiday was almost ruined.

I haven’t invested in Indonesia since, nor will I ever again.

Now the lessons. And these apply to all “high risk” asset classes such as crypto / SPACs.

First of all, you can take the completely sensible choice to never invest in them. After all:

“You sleep with dogs, you catch fleas”.

But they can also be very profitable. So...

A) Diversification is a must. This is where you need a basket approach. I limit exposures to

At long last finally some moves to shore up the balance sheet. One cuckoo a summer does not bring or whatever the saying says. Still McCall needs to be ousted. This looks to me like a desperate attempt to bring some positivity for the results on 7th March. Which will be dire.

SIGN the petition :) nearly 1000 signatures now calling for her resignation. Pass it along to your media buddies.

https://chng.it/cM8NPxLWgh

Rest assured whatever scenario plays out you will not benefit

Meanwhile SPX again heading at all time highs.

Wet blanket Jed

Something very strange indeed - No Arabs coming to the rescue they like spending money buying up Vodafone shares and football teams. What do they know. Buy HZM and clutch at strow (sorry for the typo)

Did the Arabs reply? Do they have some spare change and the graciousness to save the PI's here? If you are stuck I have a friend with a Lambo that is in the right circles trading crypto

Clued - I don't think the intention of the petition is for her to get sacked. Just humour but hopefully it conveys the point - the lame dame is useless and she is just a nobody hiding

I have written to all - Last year they were comparing themselves to Netflix and Disney. Now that it doesn't work they are comparing themselves to RTL and an Italian company. Shows how clueless they are at the highest level as to who their peers are (Pippa Foulds replied to me.)

She will not resign - She will wait to be sacked so she can get a severance package - she is a money grabbing beast - sign the petition for a laugh Https://chng.it/t5BtCDSGsQ