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There is another way to approach this, how about voting for RY to have a pay rise, back dated. I’m sure that he hasn’t had one for sometime & the incentive may just get things moving.

Hi Squif, I fully agree. I mainly trade myself , but on occasions I also hold when a stock is trending up, which I did with this & PMO etc in 2016. I assume most here are long term holders ?. This stock has recently had 4 attempts at 44p, which were the peeks. You don’t get a better indicator than that. No one knows what level oil will bounce off & what ENQ’s low will be. But they will bottom at some point & they will bounce. It’s not the end of the world, just the way the animal performs. How one manages the occultation is down to them. Stocks only increase in value due to Funds buying in, all other times as you rightly mention, is trading.

Providing the company specifics are sound, it’s not the end of the world. What goes down will go up & managed correctly will make money.

Hi Kraken, apologies you are correct, I must have been thinking of ENQ’s sp at the time. Hi Squif, just off the graphs. Standard trading stuff like the guys that are working the book, trying to take the sp back to the adjusted 200 M/A, currently at 26.65. Not easy though with the algo’s weighted to oil.

WTI S1 $61.11 S2 $59.92 / ENQ S1 22.85 S2 18.40. Yes oils supports have been reached but support levels are recalculated each Month. Some are predicting $50 & possibly as low as $40 for WTI. Politics involved ? WTI fell to $16 in 2016, now why was that, time will tell.

As long as you are aware of your position, if they do.

Are you saying that they will run out of money. ? if so that’s the wrong answer

Are you aware of the consequences if your prediction is correct ?

Hi Spud, do you still have a holding in this ?

Spud, don’t set your sights too high & you wont be disappointed. Remember to take lots of small profits, that’s what the Pro’s do.

Hi Spud, have you made your first million yet ?

Hi Mat, you make a fair point. Share pricing is a mathematical equation. Stocks do not move in side channels without intervention, unless there are no trades at all. Trade values are random, price & volumes. The exchange will issue a valuation at the end of day. Someone has had to equal any increase with a sale value. This is most likely not the work of a PI. Yes some broker trades are reported late for wonderful reasons but the after hours trades are not just that activity. Question is if not Riverfort, then who ? Riverfort is the most likely.

Hi Mat, what is the relevance, what difference would it make if it was not Riverfort, what’s your point ?

Without volume Riverfort appear to be impotent & thus possibly, any replacement. So this may mean funding by other means. Other applicable dots are regulatory & exchange rules.

Hi Ted, I would say that at least two are buys. The relevant element is the increased book activity !

Excellent posts Red, keep connecting the dots.

Hi, does anyone have an opinion on yesterdays trades ? The whole days trades went through below the days opening price & today a bounce of 7.5%, despite oil taking another leg down. The days trade is displayed on a one Month chart as a red candle but that is only because the trades were conducted below the open price, so maybe not as it appears. Was it a transfer of stock from MM to client, client to client or other. Thanks in advance.

Here’s a sensible debate Noloss: What happens if there is not enough volume for Riverfort to conduct it’s business & walks away with out a replacement ? Filtering replies that you don’t like or putting your head under the blanket wont remedy that.

Amazing what one can do with only 100 shares & a low volume stock.

That’s correct. With larger stocks when a large holding is sold the sp moves down to a new trading range. Even Pro’s can get caught out. Best time to hold though is just after a major correction ie 2008. History repeats it’s self & the opportunity will come again. Many large caps have made 1000’s of percent over the cycle & paid dividends too, but novices are attracted to high risk small caps for some reason. Barclays fell to 27p & bounced 1300% in 6 Months. It pays to be ‘proactive’ he he