Member Info for HarChris

Let's stop playing hindsight trading. Xenor, you didn't buy at 123p yesterday because you thought it might go lower and you'd be trapped in this share with even more money tied up. It's pretty easy to look at price action afterwards and say you should have done this or that!

Ok, play on words, its share price value is being destroyed. The devaluation making bigger acquisitions more expensive in relation to own market cap.
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@porky what relevance does that have? If ncyt buy a company valued at 20% of our mcap rather than 5% of our mcap it doesn't make any difference, all it does it highlight how ludicrously low our valuation.

If anything the healthy balance sheet and lack of a need to raise funds disincentivises the company to chase short term shareholder value, there is no benefit to them whatsoever besides getting shareholders off their back and giving the likes of Mandy an easier time! We talk about Graham and James McCarthy investing much higher but they're directors in no hurry to sell so whether or not it's £15 a share tomorrow or in two year's makes not a jot of difference...

Rightfully so I should add, many are sitting on life-changing paper losses I'm sure. But it does highlight the point I've made a few times... will Graham and the board actually care that much about the current share price if they deliver longer term everything they aim to do? Shareholder value is never lost for good as long as a company blossoms and grows.

Haha you make a good point troublesome. The business is in great shape, the shareholders are just peeved as they've lost money.

No, Porky has changed his tune and told us we must not celebrate small gains anymore.

;)

The three or four posters over the past few weeks on here claiming this would go to 40p as there will be no news for months were always plain wrong. It was exactly that reason that the share price had fallen but the prospects here are strong and the shares were oversold. Remember Tiziana raised $57.25 million at an equivalent of £1.87 in August and are well funded for the foreseeable.

Haha ValJu it's a nice idea but simply not going to be effective on here. It works if you can get hundreds/thousands together to do it (just look what happened with Gamestop) but realistically three or four from LSE will do it and we'll see a 0.5% rise!

It will most likely drift til news, ranging between 370 and 420, but there is without doubt many, many traders and investors waiting on the sidelines waiting for that news. If the right news lands (DHSC dispute sorted amicably, positive long term strategic plan etc) then this will move very quickly.

Yes, very happy myself. For lazy headline writers however it's pretty easy to spin it into a negative - 'Q1 production falls 22% year on year'

I'd prefer to be instantly rewarded but hey ho. Doubled my holding at 15.3 and will sit and wait and watch the story unfold as V continues to climb.

It won't be what was reported today most likely but could well be a further increase on the short. WorldQuant is an AI hedge fund that uses algorithms and machine learning and seems to go after stocks with low volume in a quiet period, adding to the short each time the share price attempts to bounce off support.

Will probably take news to force them to close.

There's impatience and then there's 'the share price hasn't gone up for four days now so the time has come'.

When you see WorldQuant have upped their short it explains why the share price has fallen so significantly in this quiet period. It helps me anyway to know that the fall is likely being caused by traders and shorting hedge funds rather than a loss of faith from LTHs - lots to come from 4D very soon I think!

https://shorttracker.co.uk/company/GB00BJL5BR07/

Elon and Saylor had so much power even just a few months ago to move mountains when it came to bitcoin, now I don't think they do. If Elon Buys again bitcoin won't jump 20%, it might not even rise.

The word 'stockpile' has definitely been used on here numerous times relating to iron ore on this BB in recent weeks. If it's below ground it hardly matters to us what today's iron ore price is, does it?

I'm convinced now that Crabtree is a programmed pumper bot that sends an auto message as soon as the share price rises more than 5% in a 10 minute window!

Up the Argo, very strong afternoon, gave my 110p top up target a wide berth!
As for blue day tomorrow, all eyes will be on bitcoin now. If it starts pushing on up back to new highs I think Argo might catch fire again, otherwise it's going to be down here for a while...

Doh.

I presume he's joking!

Does anyone think we'll get some clarity on the iron ore stockpile in the next trading update?

It's a risk on red day across the markets, traders will always sell and buy back later on days like this. It is what it is.

Always worth keeping a decent amount of cash aside to take advantage.