Member Info for fogthemogg

“ My forecast is that we will build up in anticipation of half year trading update.”

Another gem of a forecast that’s already in the toilet.

Not quite as ridiculous as $120 forward-looking silver though 🤭

I was right though, the very short-term silver spike to $89 which reeled you in (again) was driven by new bearish put options activity…Soon afterwards, silver collapsed nearly $17 to $72.

CaptainSmoothBrain, have those coins you bought at $120/oz + 30% physical premium + 20% VAT arrived yet?

“ To me. It looks like they are just defending their position on straits of hummus .”

Ah yes the famous Strait of Hummus, which is controlled by the Pitta Republic 🥙

How’s your $100 is the new silver floor and $120 is the new forward-looking silver price looking? 👀

It’s a funny old game if you’re a mug punter yes 🤭

Spare a thought for CaptainSmoothBrain today. His monster box of silver coins is arriving in the post, purchased at $120/oz + 30% physical premium + 20% VAT!

You should break even by 2040 I reckon? 🤭

“ Nobody saw this massive crash

I mean the best post on here ever was fogg the dog telling us went up 6% on shorting ...i think I actually might have peed my pants a little on that one”

You’re too dumb to recognise that you just validated my prediction in your own post 😆

I literally said that the silver spike over the last week may be due to new bearish positions being taken…

Look up the short-term technical impact of new put options activity, although one does require at least one fold in your brain to understand it.

CaptainSmoothBrain crying again this morning after being rugpulled for the 50th time 🤭

India has increased import tariffs on gold and silver from 6% to 15%...

CaptainSmoothBrain, you're not allowed to use the computers at the job centre for these kinds of activities...It's for job applications only!

Almost like saying $100 silver is the new floor just one day after it broke $100 for the first time ever 😂

Plenty of examples where new shorting causes a technical, very short-term price spike that seems to defy logic; of course this then reverses soon after.

Best example was after the first Fed rate jumbo hike in 2022, the market (and particularly tech) ripped afterwards...Caught many people out as they chased it higher.

"Why has silver shot up more than 5%"

May well just be new shorting ahead of today's (probably) hot CPI.

"Why has silver shot up more than 5%"

May well just be new shorting ahead of today's (probably) hot CPI.

"If it drops more to say 14p, I am in again to take me to 2 million shares."

Haven't you been holding long enough to know when to take profit (if any) or trim at the very least?

"Painful day again for holders. Oil is just under a $100 today so private investors must be selling."

Pros are stop hunting the punters who bought Friday and Monday's rise.

"the share price has gone up 400% since November last year and is still up nearly 50% since results day last week."

I'm long...It's funny though because you always start ramping again just before the big plunges.

Imagine if this drops back into the 400s...

Reminds me of https://en.wikipedia.org/wiki/Sisyphus

I've got two big, fat limit orders at 270p and 260p...

Think this is FRES's best day thus far since the end of November...