Member Info for contrarian123

Seems like you are suffering from stubbornness. You clearly are losing a lot here in ITV and you are determined to average down and exit without a loss. Tell me what is wrong with diversifying into another stock that has more chances of a rise even equal as this one but you are spreading your risk. Is it just ego that you simply never get it wrong?

What is it with these mental blocks? Tell me I am wrong

Of course the ESG credentials will be key in securing financing. The bankers are going to ask "Are you ESG Jeremy" Jeremy will say yes of course we are here are some powerpoint slides. Look at our beautifully constructed hydro-thingy lot's of clean nickel here"

The bankers will then say OK just checking because we don't want to get in trouble with our WOKE department.

Now about that money you want? Let's see...

You make it sound as ITV is part of the Magnificent 7 (AMZN, META, GOOG, APPL, NVDIA etc) - It aint my friend. You are gambling on a bounce - you may well get it - but it's lemmings mentality - If you are looking for a 10% return and an easy one look somewhere else rather than desperately trying to recoup your losses here. Find a share in a good uptrend, wait for it to pullback to a support level and then buy it. Instead of trying to buy here hoping for bounces into a terminal decline stock.

Like lemmings everyone is rushing to Catch the falling knife on Day 1 of a significant drop. Wait for 3 days at least if the company is good (which it ain't) it will rise with a meaning.

I am saying incompetent and being kind and careful...

I hope you don't live in a Caravan caravan boy - others believed in the long term investment case and got burnt here. AIM long term investment is for fools. In the past I demonstrated that you could have achieved over 3 yrs the same performance as HZM with a mining fund like BRWM. Of course now BRWM has performed excellent compared to this pile of poo and its incompetent board. Only for day trading and gambling. If you are a long term investor buy an ETF

No investor cares about ESG - If I put a TESLA and say a Ford in front of you Ford being priced lower will you care about its ESG credentials? It is just lip service

And Berkshire Hathaway would not employ me in a million years. I do the opposite of what they preach.

It was a gamble! I said so at the time - just a pure punt that it would bounce - It didnt - I moved on until last week when I observed an attempt at a pump - I got in at just over 17p and got out at 20 and a bit to make up the money I lost. That was all. I do not believe in fairy tales with HZM. Just a quick in and out trade that is all. All AIM companies should be treated that way in this climate where your primary aim is to protect capital and not believe in pie in the sky dreams.

Fundamentals work with big established companies that even though may be run by crooks, there are checks and balances for them not to deviate that much. In AIM it's a casino and the odds are not stacked in your favour. So if the fundamentals are right the nature of BoD's and big money investors is to fleece the PI. I would have thought after the debacle of HZM you would have understood this basic fact.

You have a good resource on paper but it is run by crooks

Also Lawrence you mention oversold.

Here's another little lesson in TA that you may find useful. Ignore it or dish it at your peril. RSI indicates that both on Daily and Weekly timeframes HZM is indeed oversold. But this on its own means absolutely nothing. A stock can remain oversold for extended periods in time. The signal becomes relevant only and only of a resistance level is broken through and volume shows improvement. 20p seems to be resistance here and we had a pop last week with no follow through which I guess you could call it a fake break out. But all this means nothing in a comparatively low liquidity stock like HZM which is subject to manipulation as well by MMs

Lawrence if you believed you wouldn't bother about the average as much. But the time to prepare to fail was when I was warning weeks ago that the price action was suggesting lower. But you were all busy calculating NPV, chatting about the price of Nickel the benefits of ESG and all other nonsense

66p? Maybe so although I think it could move higher initially due to euphoria of a rescue deal. But please the investing . com site lists it as OUTPERFORM. Outperform what? It cannot even outperform a non drinking well of water at the moment. lol. Don't look at these bot enabled sites they are garbage

And yes if in your book taking calculated bets is gambling then yes I am a gambler. Certainly not an investor in AIM garbage as it has been proven here

Lawrence as picked mentioned I did say when I took a trade at 70p which was a punt. I made that money loss during last week's pump. Unfortunately HZM has been reduced to a pump and dump share. I was predicting a fall but the extent of it amazed even myself. I was screaming about it from the rooftops. No-one listened.

Patatas in AIM a year is an eternity. See all the naive here investing for years hoping to become rich and move out of their caravans :) lol. AIM is occupied by greedy directors and institutions. The game is to take someone else's money.

So a year is too long to be invested in any AIM co as they are pre-dominantly vehicles to transfer wealth from the naive to the ones holding the aces up their sleeves (guess what PI's are not holding any aces).

For me and under this climate a month is the most I'd wait for an AIM trade that is long term. Anything more is hope that you will not get screxxx by an unscrupulous board or some external event that will get the lemmings that invested headed for the exit faster that you can scream murder.

I made all that back on Friday picked - Unlike yourself - You can't say I didnt give you ample warning over the last few months.... Sit and pray to recoup your investment here or wait for the multi-bag you have been touting. So many opportunities elsewhere and you missed them thru sheer bl... mindedness

Exactly worthless garbage sites AndyRan

There is always a narrative afterwards to explain the price action on the day. You snooze you lose.

Exactly spike - all these automated sites that look at favourite technicals via pre-programmed algos with the sole intention of generating clicks and subscription money from the naive.

Nothing and I mean nothing beats observing price action, volume and being able to assess where a support is and a resistance is for short term tactical trading. For long term fundamentals yes but with AIM you have to factor in the greediness of the BoD and institutional investors who's only care when it comes to money is how to generate it to the detriment of lone PI's

The clue today was in the volume - Put a chart up switch to a 15min timeframe and look at the volume pre-market and observe up to about 12:50 - That was the tell for me today. I don't know about any rumours or not but so many eyes will be peering over Rita's work it is 100% guaranteed that the info will leak. You'll see it in the volumes.