Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
With Asian markets/futures and AMl share price position red ema 20 and 50day average .. looks like a 6 to 10p drop if markets dont recover later .. long game players can ride that out .. buy the dip if you think it will not drop more tomorrow .. or sell on opening price (3p down ??) And rebuy cheaper later today or in the week .. dangerous game .. but profitable if you get it right .. AML is a good entertainment stock .. will always be £2 in 12 months .. but offers double money if you predict its peaks
Futures opened at 11pm .. those metrics are fridays - Investor
So .. its ugly on opening .. dow and S&P down 1.5 to 1.75% .. could recover by 8am .. buy does not look like it as Asian markets also mixed .. all based on covid fresh outbreak in China and big case numbers in USA .. looks like a possible sp drop .. hopefully stay about the same
Bloomberg all over brexit and UK'S looming gdp and economy collapse .. tough week ahead
So .. Fridays futures dont tell us much form Friday. I always have a large allocation of shares swinging up and down in AML and reserves I Day/Swing trade AML with daily. Peoples views on AML share movement .. I suspect a slight raise early doors Monday based on FTSE futures/A5s share price then .. no idea .. lol
Friday I was driving home to Notts .. when a Light Blue DBX joined me on the M5 from the M4 .. on a 69 plate ! .. must have been St Athans Mgt. Anyway .. rang my friend and Ex collegue .. now a director at AML .. to natter about 2 things 1) hpw beautiful the DBX looked ... 2)How big they are in real life. Talked for about 15 minutes ... explained I was Deep into AML shares and needed them to make it a success haha. Talked about the gossip about future plans .. to have the reply 'Oh yeah, t you mean the Mercedes Sale' . I didnt push it .. just agreed .. and made a plan to buy more shares .. Its all happening . No idea when .. lol .. but its real
If you want more information .. open up an IG share account ... you dont need to trade through it. You get a great dashboard to play with and an app that has a watchlist for your chosen shares .. and it also indicates when in auction etc .. not full level 2 info but lots better than most
Market expected 18.7% .. its not priced in .. and futures went from minus 0.62 to 1.57 .. has recovered to 1.23% but its going to have an impact .. hopefully not much .. and hopefully aml will bounce back later today or Monday depending on what happens over the weekend
Ftse futures already at minus 1.62% and falling .. 2nd big crash stacking up for tomorrow ... another 12 to 15% drop maybe ??
Hopefully it will be a smaller drop Monday and start to calm around the 55p mark that the Wolfe consortium purchased in at
Was planning on a long term hold, sold 25% of my stock at 87p with plan to rebuy few pence cheaper .. before the slide to 73p .. sold rest for 78p and plan to start rebuy today at 70p and increase purchasing all the way back down to 55p ready for the rebound. Anybody on here think it will drop below the 55p level ??
https://www.cityam.com/coronavirus-uk-to-see-worst-economic-downturn-warns-oecd/
Have a good profit on my 58p average .. is it time to jump out and take the gains before I am negative again ?? .. I think you could be right Danny at 55p