Member Info for Icarus42

June 2021 Cable : 142.5 S & N £ 15 .70 FTSE 100 7000
April 2022 Cable : 124.6 S & N £13.00 FTSE 100 7500
The above under performance should not last,either the price will recover or it will be taken out.
Its very vulnerable,remember ARM holdings.As stated previously,cable at 120 and not alone is S&N in play but quiet a few others.

Sincere apologies.Wrong Board.

Big over reaction,high beta with tiny volume gives the big ups/downs.
An excuse for some profit taking.
She is no loss to BIRG,ticked the pc virtue signalling box and played ball with the Gov.Very poor IT execution costing too much.
If we get down to sub £5 its a buy all day and everyday.
I am bullish !!

Sterling getting well and truly hockeyed,if cable breaks 120, which looks possible,then I believe S&N is in play and very vulnerable unless they can get the market up.

This is a cyclical bull market,my target is £8 unless the wise sage Radar persuades me otherwise !!!
Best of luck folks.

I was stopped out at -20% during the covid flush.

Most of my stake was built during covid lows average £1.50.
I am an aging trader who usually looks for 20%.
However,I do play cycles ,hence BIRG,I also have Shell,Bp and glencore as mining and oil plays.I a have a fairly large position in S&N running, which has been frustrating as it was bought as a covid recovery stock but doesnt want to play ball to date.
I do take smaller positions in highly speculative areas of the market eg hemo,immup,baron.
I also have a chunk of poly @ £2.64 and looking to increase my stake in Fres.
I am bullish pms and buy physical gold on any good flush out.I also currently hold and trade bitcoin and Ether.
I rarely have more than 15 stocks at any given time and try and keep circa 40% cash so when really good opps present eg covid I am liquid enough to take advantage.
Have looked at UFO a few times but havent indulged the gambler in me yet,feel there will be a lot of dilution and not great confidence in the management,might be totally wrong there but thats my gut feeling as it were.
Best of luck to all in Birg.

2022 high is £13.60,breaking that is the first bull target.
One of 3 things is going on.
Traders pushing it up into company info.
Some entity is building a stake,there was some whispers Thursday afternoon during the US session.
Fundamentals improving and beginning to be priced in.
It matters not why as long as the direction of travel is profitable.
Best of luck.

SH,
I concur with your target in due course but one has to anticipate a volatile 12 months.
The market will force the Fed to moderate their interest rate and QT policy allowing one last bull blast led by Tech but all will join the party !.Peace in Ukraine will also help markets.Thats my working hypothesis until proven wrong.
Best of luck.

If sterling continues to slide V dollar then S&N will be increasingly vulnerable to a bid which I know is often the last refuge for the desperate but in this case I believe has some validity.
I have a 1/2 size position a little higher but will only add if £10.50 is seen and holds.
Best of luck,may take a while for this ship to turn.

Money has been flowing into the commodity sector.
Buy back over and hopefully it has absorbed the sellers.
American fund managers are looking to increase exposure to the health sector so perhaps they might start here !.
All the best folks,patience needed here.

Happy Easter to all trading here & hope your profit targets are met in due course.

I trade out of London and have an £8 target before the global bull ends,once seen I will be offloading.
Best of luck,those trapped higher than current price should not panic,riddle me this,when did you ever see a Gov sell there holding at the top of a run.Stay long and buy significant retracements is the game I am playing here.

Junior oilers/miners and small pharma attract private investors like bees to a honey pot.
The question that first must be answered is it a life style company with endless promises,RIs/Placings,massive dilution,high interest rate borrowing with insiders knowing that there is really no chance of shareholders getting anything.
That question has to be answered in the affirmative and its a very difficult job to get the info to make that determination.
Them there is the execution risk,currency risk,jurisdiction/political risk.
Say all the above is ok then you have the issue of how the profits are to be distributed ie will the shareholders gain or will it be the bondholders or most likely the insiders with massive salaries and options.
So say someone buys at 1p how many will hold for the £1 in the event that they do strike it lucky,most will not,so that after assuming massive risk of wipe out they dump it for a 50% gain.
The only way to play in this space is to carefully select 20 and forget about them,dont trade them and have a look in 5yrs.Most of us can not do that either.
Re Banks,sorry for banging on re above,they nearly always do well in this environment with NIM improving as rates tick up,eventually something breaks usually caused by a policy error by the Fed but I think the next 12 months should see BIRG doing well.Stay long here is the best policy and add on significant re traces.
Best of luck,the above is my ramblings and not meant to be and should not be taken as advice.

Birg is my banking cyclical play and I have quiet enough at this stage and £8 is my target.Never saw the point in AIB,there is no diversification there and the large Gov stake is off putting.
I am watching BARC for a 20 % trade but a "dont touch it" for now but will do well if peace is declared and their latest misdeeds slip into the rear view mirror.Its a bull market until things turn sour in the US and then as ever all will break to the downside and it wont be V shaped in my opinion but thats next years story,strap in for extreme volatility but trending up.
I think I am probably the only one that finds your banter and aliases a bit of fun,trading is a serious business so its good to have a laugh now again although at times I am worried for you in the way you can sustain it LOL.
Best of luck and I hope UFO works out for you.

It would be better to let the market absorb the remaining Gov sells and then commence the buy back from a lower level.
However,I suspect the buyback will be coincide with further Gov sells thus enabling the state to get their return.
Politics in play folks, with BIRG being a good responsible citizens ( irony intended).
I expect £8 to be seen here before the year is out and I would buy more beginning with a 4.
Best of luck folks.

There has been a 6/12 battle between the bulls and bears with decent volume.
Since July last we have not had 2 weekly closes above the 20 week MA which is clearly bearish and suggests further downside if ones focus is only on the technicals.
I am bullish regarding the fundamentals, as in a post covid recovery story albeit wearing a little thin at this juncture.
I have a position slightly higher than the current market and as said previously will not add until/if a retest of covid low and historic support @£10.50 is seen and holds.My gut instinct tells me that this market is more likely to have a sustained recovery -as opposed to current choppy price action - if that level is tested and holds.
Thinking out loud here folks,
Best of luck.

Staying Long in a bull market is the only way folks.
Peace in Europe and Fed to eventually back off should enable the £8 to target to be reached with style.
But make the money on the long side over the next 15mths as a cold rain will fall when the bull off Mar 2008 low ends.
Look for 6k S/P 500 as a proxy to take cash off the table until then buy the dips while the casino is giving.
Just my guess ladies and gents & not meant as advice though I do follow it myself !

Democrat,
I agree,the FED will do all it can to prevent gold from achieving its true value to protect the dollar.Russia and China have a lot of gold and thats an issue for the US because if a new non-dollar system can take hold then the US has a big big problem.Pax Americana is hanging by a thread for now but the clock is ticking.
If a global pandemic,a war in Europe and the threat of a nuclear strike cannot get gold to stay above $20k then one wonders what will.I am bullish gold/silver but I think serious money will not be made here until we get a big push down on the indicies,circa 30%.I have a working model that from mid 2023 one should be loaded up with Fres et al,dare I say Poly as well.

It would take very little buying to get this over £1.
Technically it is looking strong ,it is above the 20week MA in decent volume.
Diamond market strong,Covid fading and possibly 30% of word supply going to be taken off !!!
People, the set up does not get much better than this,I am long and intend to sit on this for the rest of the year.
It is a prime target for M/A and a few big diamond finds would do nicely thank you.
Not meant as advice,
Best of luck.