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Gave me a fright too. I went to buy some to check and was offered 59.6
Would this have taken out a stop loss if I had one set?
I couldn't decide whether to buy more with the dividend or sell some...
But today has got me spooked that the US will sell off heavily and it will take everything with it. I've sold half my shares at 2.07. Feeling a little numb right now.
He sold at £2.20 or thereabouts and re-bought at £2.10 so that's 10p per share x 65000 shares. That's 6.5k isn't it? (i was wrong first time). In any case, a nice little bit extra made on the side. Well done.
That must be about 8.5k profit? nicely done!
Mine appeared in HL about midday today.
Gold (and Centamin) look they have held recent support points and now maybe starting to turn upwards again.
I wonder if the next target is £3 which would be approx. 50% rise from here? I don't think it is out of the question.
Mar-19 to Mar-26 SP went from about 90p to 142p
Apr-1 to Apr-27 SP went from about 117p to 173p
Jun-8 to Aug-6 SP went from about 147p to 232p
Sep-4 to ??? SP 198 to ???
£2 has held fairly well and each advance has added in the region of 50%. It seems a stretch but there is dividend reinvestment to come, potential news on Egypt concessions and West Africa developments (?) and Q3 results a few weeks away. Gold was above $1750 dollars all of July and above $1900 all of August.
Hmmm. Were the algos programmed to sell once S&P hit a high? All my stocks suddenly got whacked at the same time.
Anyone buying the dip? I have nothing left in the piggy bank...
I sold a few Fres at 950 thinking it had gone too quickly. Now look where that is... another 50%
Having said that, I’m seeing more stories about gold setting all time highs and ‘is now the time to buy gold stocks’ so maybe the time to sell some is approaching?
Too much good news. Market can't cope...
For me, it's just a slight healthy profit-taking dip. Don't think I'm brave enough to buy in the 190s though! Although I may regret that when the march towards 230+ resumes.
Hopefully Market is waking up to the fact that Burford could/should do well in these times. Lots of poor results being announced right now.
Lovely. Thank you. Yes, apologies to others for the off topic. I have dipped my toe in the water at SLP already :-)
Hi Tiger
Sorry if I cross a line here but one of the things that sets this forum apart from many others is how supportive its members are to each other. I was intrigued by your promotion of SLP and took a look and on the surface, it sounds like a younger brother of Centamin… no debt, cash in the bank ($56 million, is that right?), expansion funded from cash reserves, share buy-back programme and dividends. What's not to like? Are there any skeletons?
Should we set a new target of platinum flip-flops?
I was away for a bit, came back and according to google finance, price has reached 199.97... when was that? Will it be the promised land this afternoon?
After spending half the year asleep and lagging other miners, Fres has finally got its wiggle on! Expectations of a better H1 or anticipation for the H2 turnaround story... or just increased PM prices?
The daily RSI is now over 80 so surely it can't sustain this? I sold a few at 9.50 thinking it was already overcooked but it's just kept going. Wow.
I'd have been tempted to try to trade a few at the current price in the past but not this time. I really feel like the promised land is in sight!
Thank you for sharing Mr T. Is this the first broker with a TP of £2+? I don't know of any others yet (I may be wrong) but hoping more will be joining in soon...
Yes! These reports don't say when the selling and buying started, only when the thresholds were crossed. SL went below 5% on 8th June (daily SP range ~153 - 147) and went above on 19th June (range ~160 -167). So unless they started selling down from above the 170s, I wonder why they bothered?
Gold high again, AGM next week and Q2 results in a few weeks and is there an announcement due about mining concessions in Egypt in July? It looks like a few pieces of news will be coming quickly after a relatively barren period. I will be happy enough if they just meet the guidance but I can only imagine what will happen if there is even a small outperformance.