Member Info for DavSen090

B1nky, everytime I try and give you the benefit of the doubt when I read your posts, I realise I'm just being stupid. Either there is something clearly wrong with your understanding of the financial markets, or you do infact have an agenda.

Bitcoin will eventually run past 100-150k at some point, but it will take a few years, but as with all significant changes in history, it'll become the norm in society, but as with most things, price discovery is important, as well as flushing people out at lower levels during times of economic downturn. It's pretty obvious that larger organisations will be using this drop to add BTC to their balance sheets.

As for the IPO target, the world has changed for the time being yes, but the world changed in 2000, and in the 2008, and eventually got back to normal again. Amazon dropped from $4 to $2 during 2008/2009, does it suddenly mean because the world changed, it was worth face value in the long run?

The world changes but the markets NEVER change, if you have a business that can generate revenue at a large scale and revenue above their MCAP, you are likely to be on to a massive winner, these companies that generate huge revenues take a little while to sort their profits out but when they do, they become absolute monsters. Meanwhile some businesses can't even generate revenue at 50% of their MCAP!

I actually don't know why I'm spending my Sunday morning typing this post out, I'm frankly shocked at the level of understanding of basic economics.

Rock, you are either taking the complete p!ss, or you shouldn't be in the stock market.

It dropped at 3pm because of the AGM RNS, AGMs are 99% of the time a non-event, meaning traders hold on and sell after the RNS should there be no substantial news. It's also a Friday, traders sell off on a Friday.

With the drop, PIs also start panicking and selling, suddenly the bid falls through the roof and you drop 10p in an hour, since no one wants to be left 'holding the baby'.

Add that to the figures coming out of the US and you just get a massive domino effect.

You're right, but if you have a feeling to sell, better to just sell and get it over and done with.

It makes 0 sense to plan a sell at a lower level, market makers feed off pushing a share price down to NT, then letting the same idiots buy it back and push it back up. More trading volume, more transaction fees for brokers, it's a win win for the big boys. Before you know it, you sell for £1.29 and the share price is back at £1.35 2 hours later, where as you could have sold for £1.45 last week.

The market is rigged, we all know this, but we cause the pain to ourselves. Look at what happened over at CLON recently, huge placing, share price moved up in order to encourage buyers, rampers all over the different BBs, Twitter, placing shares being dumped, then a duster revealed within 2 weeks.

The MSCI explains the drop over the last 2 days, and it's vice versa for other shares.

If they need stock to fill the MSCI, they drop the bid and fish for shares.

If you look over at EUA for example, they needed buyers for the big dump, so they falsely raised the ask to intraday highs of 9p all day long to encourage more buyers, and then dumped loads at 7p at close.

The MSCI has no relevance to the bid, but can only be a good thing for the share price because more shares are in tighter hands.

Guarantee you first thing tomorrow morning they will drop it 1.35 in order to fill orders for rush to get in before the market closes until next week, it's so predictable at this point.

It's likely being done to make this so called £2.50 seem reasonable, if you start building a story around the downgrades, whilst manipulating the price down via shorting, you can make it seem plausible that £2.50 was in the best interests of all shareholders.

I believe at this stage, a deal will be done, but it won't be higher than £2.75, which is really the most disappointing for PIs who hold from much higher averages, institutions would have been shorting it all the way from the highs so they won't really lose anything.

The UK market is just a cesspit, long term investing is a dying art and probably the easiest way to make money now is to be a short term trader.

It's rigged but PI's allow it to happen, they panic, they sell, rinse and repeat, every share, every market.

Everyone is trying to be this super day trader, instead of being investors.

Give me a break about you aren't pushing £2.50, you and other new accounts have been fixated on that number for the last few days, like I said, make it a bit less obvious? £2.55? £2.60?

Hostile or cheap takeovers always have a level of manipulation attached to them, whether it's through shorting pressure, or individuals pushing a certain agenda.

Don't get me wrong, I'll be delighted with £2.50, I'm in at £1.41, I'm not a LTH and I've just come in for a quite obvious trade, anyone with a bit of market experience can see that a takeover is about to happen.

You tell me Binky, it isn’t a coincidence is it.

Share price IPOs at multiples, short pressure pushes the share down, PIs get effectively bullied out of their shares because of this new trading mentality where no one wants to hold a share beyond 5 mins.

Then suddenly the company gets taken out at way beyond fair value, leaving LTHs in a mess, and a number of new accounts across LSE and ADVFN are pushing the £2.50 agenda, I mean you guys could make it less obvious?

The market is predictable, this isn’t the first and the last time something like this happens, and the FCA are toothless to ever police it, no one wants to upset the big boys.

Binky, looks like you got an agenda, new account, constantly referring to the £2.50.

Seen it plenty of times on LSE before, won’t be the first or the last time that behind the scenes they send individuals on to these BBs.

Well just look at Kaz Minerals for example, the initial offer was £6.40, was sold for over £8.00.

What's going on with all these large trades the last few days marked as unknown?

Disappointing order uptake.

I think what he’s alluding to is the fact that a lot of placing shares, especially those at a large discount, generally don’t have an opinion on the company or any long-term ambitions to hold a share, they just sell into a rise, so there will be a lot of placing shares who will ignore the long-term potential and just flip at a small profit, it’s a lot of shares to get rid and it can overhang for a while.

What I would say is a strategic placing at higher levels may be something that could work providing the share price keeps moving up, as long as it is done very close to market value, anything at a discount and the market tends to lose trust.

Watching some of Bill's interviews on Proactive, he doesn't smile much but he does seem genuine in the work he is doing.

To reach 10p+, his performances will be just as key as the drilling results, the market tends to ignore the resource at times when the CEO is shody, recent example would be CGO where they are entering production soon but one bad interview with uncertainty and the LTH's started to exit.

Smiller, was reading a few of your posts re. UFO, former EUA holder here.

Dilution here seems to be slightly on the heavy side with 4b shares, but, it's manageable if as you say they can bring some organic funding in.

The jurisdiction for UFO is the key play here compared to a few other AIM projects that I've kept my eye on, I was thinking of a re-entry to EUA but I've decided against it purely on the fear that Russian state will seize the assets. There is great potential for a EUA/GGP style rise here, but most importantly, they won't have to escort it out as a M&A target, I'm still split on the idea of a JV, IMO the GGP Newcrest deal was awful.

Going to do some further reading tonight on the projects, I've taken an initial small stake of 124,932 today, will be looking to add some more at the end of the month at pay day. Was trading a few other shares like KOD, PREM, etc. but I want to start focusing on longer term holds now, I bought in 2019 and rode it all the way to the 40s, eventually sold in the mid 20s.

I wouldn't be too worried about the share price at the moment, it'll correct itself over time, probably best that the AIM pump and dump crew aren't really paying attention to this.

0161, starting to believe you made a good point last night about something dodgy going on.

It looks like there is a lot of shorting on which is keeping the share price stuck, was looking at some of the trades and the pattern of the share price movement and none of it makes much sense, this should have easily cleared 9p today.

The question is who is shorting it, why they are shorting it and what the end game is?

The insiders and big boys will always manipulate the markets, the economy, politics, anything, just look at this whole Russia situation, the governement didn't bother chasing down dirty Russian money until they were forced into it.

EOG popped up on my radar by chance because of the drop, but I've been looking into taking several positions in oilers (having taken some HUR today), have to ride the wave with oil prices as they seem to be the only defensive stocks during this terrible time.

Haven't taken a position yet and will probably sit on the sidelines for a bit but I have been soaking in the information on the placing and reading some of the views, if the information on Serenity is accurate, the placing may be a necessary evil.

As crappy as the placing price is, they tend to be the launchpad to making some successful profits, even if you set a low-exit price, if I was an existing holder I would just average down as much as possible over the next few months, I think in this market leading up to Q3, most people will be able to get out at possibly 5-6p, the only issue is the opportunity cost of the time it takes to reach that level.

MSCI removing Russian equities but does that relate to British companies operating in Russia? Will be interesting to see the distinction.

On a similar note, are all of BlackRocks holdings automated? I remember that BlackRock used to release loads of those 8.3s during the FSP which generally were increasing the holdings each day, but BlackRock clients were shorting quite often which would display on the 8.3. Now that EUA are no longer in a FSP, obviously that requirement to disclose has suddenly disappeared on a daily basis.

Do all of the BR holdings automatically begin to dump once the MSCI is re-balanced?

I think people are waiting for the next operational update to see the bopd and water cut, if it remains stable, the share price should hit 10p quite easily whilst oil prices keep rising.

I'm intrigued as to why HUR hasn't been taken over yet, I'm pretty sure CA have suitors lined up and their own target price for exit, could be that any suitors are waiting to see how well production is going over the next few months before they come in, or CA may be trying to avoid a low-ball offer as they see an opportunity at 20-25p.