Member Info for gspanner

55 not 75!

Pedro,

Made me feel whistful rode ITM from 11.2p to £1 and then sold out thinking fairly valued - Doh! Still made me though so now I should be able to retire at 55. It 75!

GL
Gsp

Sort of off topic.

Following a realvision talk looked up silvergate corporation... Very interesting and the only bank I have ever been interested in investing in. Interestingly positioned in the crypto space: the providor of the pick axes for the goldrush as it were. Has had a good run lately with excellent q on a profit growth , NY quoted. DYOR, but in for £40k myself....

Just some back of the envelope rough calcs,
Number from monthly updates, ave price that month and amount in dollars... Latest a guesstimate, ave price up til 21st...

Hopefully formatting will work:
June 118 9500 $1.121m
July 76 10200 $0.775m
Aug. 183 11000 $2.013m
Sept 126 10950 $1.379m
Oct 137 12200 $1.671m
?Nov 158 15900 $2.512m?

So building nicely I hope, and if things continue ring as they are, an underestimation.

No doubt Taff the sp will grind it’s way back to 10p and beyond.

NoftheR agreed re exposure, just can’t stand the lazy journalism.

Re: the comment about 2:2 degrees, that’s what annoys me most, the place is full of entitled Oxbridge grads!

Classic BBC article missing the point. What a shambles they have become.When they start suggesting it may be good idea to invest, that’s when you sell everything and move to the Bahamas!

Bizarrely changed: ‘If they could pull Billingham off though‘

If y’ they couldn’t pull Billingham off though it would look pretty good - making gold from ****e and all that!

Indeed look at the way it’s setting up for another run (commentators curse the risk now!)

Well unsurprising that a few trader wanted to flip their shares EOD, Who can blame them for a quick 10%: still got all mine! BTC continuing to rise for now, could be an interest night.

And traders see:

Dow down
Precious metals flat
Other crypto moderately down.
FAANG down
BTC up.

It’s the decouple I like.

If they push it up through $16k I’ll let them be ‘my American Cousins ‘ whomever they voted for...

Whilst I tend to need a lot of persuasion to be convinced of manipulation, (most of which is merely trading shenanigans), tue price action with hods of small sells/buys is clearly something algorithmic.

The only constructive thing to do is set a limit order for your holding To stop lending out - just put my 2mil up for sale at 11.5. Roll up!

Keeps us all honest!

And I always say ‘ the volumes/votes can never lie’!

Dsfat,

Thank you for the articles, both interesting.

With respect to the big player hoovering up theory that does seem to be supported by the continued high volumes today. Would have expected a bit of a breather today, but no.

Certainly my experience that the MMs will manipulate the price around to fill your order if you put enough money in the table.

Watch this instead of screen watching....

https://www.zerohedge.com/markets/daily-briefing-october-30-2020-live

Not a trader either. But initial peak not really backed up by sufficient volumes so fell back.

Line in the sand though, looking for second push!