Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just came out. Lots of NI in Sweden it seems
https://stockhouse.com/news/press-releases/2023/01/04/4-04-nickel-over-5-76-metres-for-gungnir-at-lappvattnet-highest-grade-nickel
Need some more updates from the company
@Dagenham booms do we all remember them LOL. ARB aside I've made some great calls these past 18 months. I had the 3LNV, MOS.L, SDI that paid for all my bad trades in 21. 22 has been a disaster as the day Russia invaded I made my plan but sold a lot of stuff oil, nickel, potash stocks in the following days. If it hadn't been for my dollar long id have been destroyed this year!! Literally destroyed. Took some big hits too in this ****ty market. Lets hope the CPI number tomorrow is decisive either way as need a final 2022 trade to bring me some comfort this year. Not sure what the future will bring so cloudy and obscure.... AAPL to <$120 is the only thing I can see right now unless things pick up. Be good to chat more
@wildtiger Well I didnt buy anymore aside from a little bit on a pump at 157p in a new account and of course the IPO at 112p. When it dipped below 100p I was so tempted to buy some more but said to myself I would sell at 73p for £20k profit. Then I said id sell at 40 odd p for £10k ish profit.... Did I??????? Nope. When it got to below 40p I thought "oh it will bounce back". Which of course it didnt! Then the RNS came about the investment at 27p or whatever and thought "oh a bottom". Then a trading buddy of mine bought some at 17p and he said it was "oversold" so thought id keep it as he knows his stuff and was only down a little. Couldnt believe it when it kept tanking!! Then it went back up a little from about 11p or whatever to 16p and US premarket I wondered why CORZ was down 75%... Soon as I read that CORZ was in trouble I sold Argo at 16.56p taking a near £4k loss. With my profits from the other trades its probably closer to a £2.5k overall. Funny how these things work out sometimes
@Dagenham Very true that. I've got the chart from http://www.amarketplaceofideas.com/wp-content/uploads/2019/03/Jesse-Livermore.png on my wall now. You are dead right though. Timing is everything in life, music, the stock market. Thats some nice words there though buddy hope you dont mind but im going to print off your words on the morrow and add it to my wall. Feel a bit like a kid in my trading room with all the posters and whatnot but Mrs said I cant have any boobs LOL
Funny looking back though how greed gets the best of you. I made some decent trades during 2021 but in Dec last year when the market started looking iffy I de-risked a lot of stuff and it saved my skin but couldnt bring myself to sell my beloved Argo. It was the first stock I fell in love with you could say. I keep telling myself had i'd of sold it at the top I would of ended up not learning anything and blowing it on FCEL or TLRY or any of the other losing trades from 21. And now in 22 I've learnt so much about rates, bonds, bear markets but in truth I think ive lost my mojo or maybe im just scared of trading these days. Happy to take a daytrade but the thought of an overnight fills me with dread LOL.
I bought a few on the US IPO day but thats it. Was tempted to keep buying although judging by the things I bought couldnt be any worse lol. Did ok on NVDA and copper in 21 and this year did ok on a dollar long and GLEN but nothing to write home about
But that Friday the US listed miners started to sell which was strange as BTC was up. I logged into my account and my profit was 4 times my annual wages. I watched the RIOT's and MARA's sell off and hovered over the sell button. Why I didn't sell? Why I let greed take over me? Why when other similar companies were selling was I so convinced by the company, the management, the hysteria. I ask myself this question everyday.
On 22nd Feb I took my first loss day trading it at 240p only lost £150.... Then we had offerings, quarters and years, China, Elon & Tesla, the IPO, blah blah blah.... All of which I held through
If anybody is interested in the rest I can write it all out. But the important bit is above. The best trade I NEVER took. Any abuse to this message is more than welcome and I'm not looking for a helping hand, or niceties or someone to say “there there”. Just wondered if anybody else did the same thing as me? Feels like a lot of us out there were kind of taken it but then again we let ourselves be taken in.
ont make this message too lengthy! Still an incredibly sensitive subject from someone who comes from a modest background. Its a story of many emotions... and greed of course.
Started investing on a small scale through the work share save scheme and managed to do OK. Bought a few decent bits, index funds, AMZN, GD over the years and built up my portfolio to about £35k. Had some luck on a buyout of SOPH and was doing OK as a cautious investor. Then in Nov 2020 I was in my garden smoking a little night night doobie as had taken it back up during the dark days of Covid (Rather than trading during it I might add) and noticed bitcoin was up like 5%. I had bought some TSCO shares which didn't really do anything special and had collected the dividend etc so was looking for my next investment. The day after I was doing the same thing and clocked bitcoin again looking strong. Wasn't a bitcoin fan in truth I didn't really know much about it! But wanted a way to get some exposure. I found ARB and waited for entry. Grabbed £4k's worth on 1st Dec at 11.7p and strangely I was up from the word go. Timing it everything right? By the end of the month bitcoin was on fire, the OTC listing was ripping and we had an extra bank holiday that the Yanks didn't have after boxing day. Was a feeling like no other!! On the 29th Dec the shares opened up about 33p so I grabbed another £3k's worth at 36p. The feeling was incredible largely just to be right and seemly good at something!! I watched it rise up to 80p and one afternoon it started to sell off to around 73p on 6th Jan. I grabbed £1.5k's worth and it went up to 125p and then tanked down to 104p. I remember it like it was yesterday! The feeling of losing. I had trouble sleeping, I was thinking about it all day everyday. I watched it go down below 100p and had kept with my cautious approach and thought id get out somewhere near my last batch. Didn't happen though! I waited and watched BTC like a hawk. I grabbed £2.5k's worth at 88p as a trade on the way back up on 18th Jan and set a sell order for the 135p for that batch which was filled on 11th Feb. Decent trade all in all. Then the madness started. It was being pumped by every man and his dog, lots of shares were being bought that had little value. The old stimi cheques? Investors FOMO? Or a bunch of kids who thought they were trading geniuses during the COVID days? The market was hot. The next day or day after the dam thing was over 200p and I was buying back in at 223p on 16th Feb and actually I started day trading it but left my existing 44.5k shares untouched. Cant remember which day it was but ARB was up near the 300p mark. Looking back I had no idea why this was significant to me, 5p here or there doesn't make any difference does it? Then one Friday the US opened up. Bitcoin had gone up and down since then I was a firm believer in it researching it, listening to views or you could say being sucked in. But that Friday the US listed miners started to sell which
One of the few shares on spreadsheet above all the MA's!! Wrote this a few days ago but it didnt post!! See how Oz does tonight but Cobalt definitely needed in the 21st century
RE RNS Seems like a good idea what with Russia controlling **** loads of it. Depends if this is Russia's Vietnam I guess ..... but I see Nickel being a good long-term pick of the metals IMO
" This database has now been recognised to have significant additional financial and technical potential. The Company has therefore re-ranked the nickel ahead of the vanadium projects based on the immediate opportunities that the nickel assets present to Kendrick."
AF :DDDDD
Yeah man I'm not going anywhere! Shame my timing sucked but I guess it was always a bit of punt what with the Kistos stuff still going on. Funny old lessons in this market... You learn, you learn more and next time it happens something different happens from what you've learnt so learn again LOL