Member Info for guzzler1962

George, his small trades are a little different I believe. He might only be putting £1K or £2K in, but I think he needs a bigger amount behind him? He may be spread betting? As for how much anybody puts in, its all relative. One person's £20K may be another persons £2K. No need to take the high ground. I was once questioned on here how a working class boy could possibly afford to buy 2.5M shares!

Due to a higher price of oil, 80 flow rates should be OK. Did need over 100 at one point I believe. As stalin said, we don't know what they will be but we hope they are above the companys expectations. We also don't know the market reaction to flow rates. Industry might understand, but what if the market takes it down on 85 flow rates? Those with dry powder could take advantage, those fully in will have to sit it out. Its why people derisk because AIM makes no sense.

Lefty, selling and rebuying lower doesn't always work. You have to consider the spread and you have to be able to call the bottom. Also, you may be in a situation where you are not playing with profit, this becomes a psychological barrier. Get it wrong and losses are compounded. Sometimes waiting for a recovery, averaging down can be a better option. Not saying your strategy is wrong, but you say you don't understand why people hold at a loss, this could be an example. Also, selling at a loss can feel like an admission we got it wrong. We are human after all, and admitting we are wrong isn't easy. Good luck.

Lefty, doubt anybody could have bought at 0.285p nor sell at 4.22p. But I get your point. It's called hindsight, and yes it was utter stupidity not to derisk before the IRR in April 2016. Held for a bigger gain, was hoping for 6p then out. Sadly it wasn't to be. Traders have probably done better out of this since then but I do hope that those who have held through the peaks and troughs eventually get their reward. Good luck.

Fair point. Expecting a delayed sell. Bid has now dropped and they will quote for over 2M. Ask remains at 37. Selling now at 0.32 or 0.30 isn't an option unless you are going to put it elsewhere. Will we see under 0.32 to buy back in? That's the risk, the players will probably grab them before that.

Selling blocks of £350 isn't going to make much difference. They are probably that size because it goes NT for anymore online. Those playing the game will be doing it in bigger amounts through their broker. IMHO.

Here's my thoughts. Someone may have set a sell order and it was hit. I've seen it before, the highest trade of the day, shown blue but actually a sell. How do I know? I know the person that set it. Like I said, may explain the price movement?

Did sells go through at that price today?

Could it be a sell? Might explain the drop to some extent?

They now want 45.999 after 1 buy. Could be a good week.

Predators, thank you. Wife is non drinking non smoking, doesn't even come into the demographic of sufferers of her form of cancer. You never know what's around the corner. As for market manipulation, have a peek at the MORE forum today, and a raised concern about a recent big trade. Not a cross ramp, the dog has delisted from AIM. This game should be transparent, it's not.

Afternoon Lefty, wife has been very poorly, side effects from the treatment but hopefully a corner has been turned. Thanks for asking. I see your posts receiving more recommendations than usual, are you winning them over? It's not uncommon for posters to ask on here, why is the SP dropping? Or, why is it rising so fast? We know the responses off by heart now. Nobody will broach the subject that technical traders maybe buying or selling and following the trend may be advantageous to us all. Good luck

Technical traders will buy or sell using their interpretation of charts. They couldn't care two hoots about the fundamentals or long term prospects of any company. We had a CR at 2p when we were around 2.75p. They would have seen it, analysed their chart and bought on that. Like him or not, Lefty declared he was in at 2.15. He also called the resistance. Of course this means nothing to those holding for bigger gains on results but people need to open their minds that charts do indeed play a part in price fluctuation. News of course blows charts out the window.

A great blog. Top people working on this venture, the local sponsor appears to have done an excellent job with regards to launching the event. Good media coverage and high quality exhibits. This company is going places.

Lefty, I agree and disagree. I agree those taking up the placing will derisk or even flip before results. They will be in it to make money and they have done, risk free. As for a bagger. I put £10k into something and it's worth £20K, I've bagged. At £30K I've bagged twice etc. Just my interpretation, rightly or wrongly. Well done for pointing out the resistance point of 2.89p. Good luck.

Think you're right Reggie. They are surely looking to tie in both assets.

Dave Wall does read, or at least used to read this forum. He said as much.

Whilst I'm pleased to see movement I'm a bit miffed I've been unable to add under 40. Waiting to free up funds but time is ticking. Need to get much more in here before everyone else realises what DC is building here.

But they're offering 0.375 for less. So any seller would offload in smaller batches. Which as yet hasn't happened. Fingers crossed, good luck all.

0.375 I meant. 37.5 might take a while.