Member Info for fogthemogg

"I wouldn’t have taken the risk at 40p and definitely wouldn’t at 116p lol."

Why are you even on here then M1Rob? Were you waiting for 20p like 2015? Ion ore fell to $37 that year.

"Probably what you do fog, guess you’re speaking from experience lol"

I'd never heard of this guy before today and do not use social media. The fact that you follow what random blokes tell you they do on Twitter tells me we're very different kinds of gamblers, ahem, I mean investors :)

This was always a Lambo or food stamp stock, thus I wouldn't ever consider taking buy/sell advice from random people on the internet. Unless you work for their brokerage, you will never know what their real positions are as screenshots of trade tickets/portfolio returns are easily edited.

@Troajan

Yes - he sells before he announces his sale, and then buys after he announces his sale :)

"I am not sure why but I bought in again yesterday for 350 000 shares"

@Bluesquare, a bonfire is quicker and less painful to watch :)

This week is a classic example of today's high looking like tomorrow's bargain.

Although the funny thing is, FXPO actually hit ~175p end of 2022 and early 2023 when things were far less certain.

This is explosive and long may it continue. Although, I wouldn't mind a cheeky pullback to fill my 98p order...

The unironic posting of a Motley Fool link, and not for the first time, just about sums it all up I think...

Finley, most FTSE 100 stocks are not only deemed to be "undervalued" now, but they've been called "undervalued" for several years. Ditto some UK investors steering clear of US markets, because they were "overvalued" 6 months ago, 1 year ago, 5 years ago etc. This is nothing new.

Who do you fancy as a potential acquirer then?

LandOwner, I'd be surprised if anyone's opening material new short positions at 69p...The damage has been done hence 50% value destruction in 5 years, of a company that was once more valuable than Nvidia.

I'll stay for the divis meanwhile though, as I only started buying this year.

"How many hours you spent watching this the year or so watching this one?"

Isn't that why we're here? Making money is a bonus...

How mad are you that you paper handed out at 38p? 🤭

Soon to be a former land owner?

"In short, they are delivering on the strategy they promised."

Thanks for the update Margherita.

It's funny how LemonTree's post have escalated...

They began as quite benign but with a clear pro-Russian and anti-Western bias, which is fine as we're all entitled to an opinion. But now it's full-blown, frothing at the mouth frantic claims about everything from Boris Johnson being the war's real mastermind, to flat-out denials about the Tiananmen Square massacre.

I think he/she might be replaced at the bot farm soon...

We're still waiting for Mark's piping hot exposé of alleged "tight oil supply" and "paper market manipulation". Must be lost in the post along with my Christmas card?

"Oil has been in a difficult place for quite sometime."

Oil price has been in a downward trend since June 2022, but a few short-term spikes due to OPEC yapping or geopolitical events have made people believe the "tight oil supply" narrative peddle by oilprice.com, ZeroHedge etc.

The world is awash with oil and US production may increase yet further, despite tepid demand.

Sharpey you deserve a medal for just having made any profit from holding VOD, that is the archetypal FTSE dinosaur dividend trap.

Falling production here is a problem, as I've posted about before. Any takeover target ideas for FRES?

Peñoles' 75% holding here mean a FRES takeover by a NEM or GOLD is very low to zero probability. Even when we were sub-450p, Peñoles weren't interested in buybacks, director buys or gobbling up any of the free float either.

FRES has been stuck between a rock and hard place for a while now, whilst FTSE neighbours HOC and CEY flew.

2 days volume in 90 mins...Every buy is a sell and very sell is a buy.

Just a tree shake or the beginning of a journey back into the teens? Place your bets ladies and gentlemen.

" It all depends on your buy price, every time."

Then it's not a long-term investment is it...As I said, it's a trading index.

Conversely, whether it's S&P 500, Nasdaq, UK, US housing market etc., buying at almost any time (whether lump sum or DCA) over the last 25 years would have netted you a high xx% or xxx% profit, versus today's ask.

One would have had to be highly selective with entry prices on specific FTSE stocks, to even get close to a comparable return, versus just sitting in the aforementioned indices or assets.

"They've don't nothing for the shareholders of recent."

Welcome to the wacky world of FTSE companies. Thanks for playing.

"FXPO is literally a gamble with a 100% downside risk."

This is the sort of cutting insight which keeps me coming back to LSE.

PRU is another beloved FTSE classic for the "patient and sensible investors" i.e. pick up the penny dividends in front of the capital loss steamroller.

FTSE 100 is just 20% up in 25 years and 12% up in 5 years; that is absolutely shocking. And with the divi yield still below the risk-free rate, trading remains the only game in town.