Member Info for investor33

Doc ; "And yes, safe to say our seller is still about, 3 x 500k blocks gone within 20 seconds of each other."

Why assume that it is just one mega rich seller unloading tens of millions of shares ? Surely it's more like trading desks cashing in or just shorting near the top of a mini spike. Or cashing in after accumulating during the raise.

Stas ; ' good news ' about Gobi would also allow the professional money to unload a hell of a lot of shares to retail investors caught up in FOMO hysteria....

Me ? In such a scenario I will unload a large no of shares as close to the top of a spike as I can manage based on watching a live chart in multiple timeframes.

Aeschylus ;

"At least we don't get "pants down" any more thankfully"

😅

Aeschylus ; "Indeed! The usual suspects trying to whip up some FOMO hysteria."

WOS in his latest incarnation being one example. No doubt he will produce another long winded WOS list of all the positives going forward, followed by ' take it or leave it' at the end...At least he doesn't finish with a ' be happy ' and a smiling emoji these days.

We just need Hamm to post on here next with ' 'guys this is an easy multi-bagger now. No risk at all...We wont see prices like this again - last chance to get in now...'

Master ; it's touching that you have this unshakeable faith in ' the market ' but I fear that you are barking up the wrong tree. This share price is not driven by the perfect ( and fair ) working out of Adam Smith's invisible hand of the market, whereby the share price perfectly reflects the fundamentals.

Think about it - back in early May 2023 without even the access permit granted the share price spiked up to just over 7p, and that was a month or two after the dilution of a raise. Even taking into account the subsequent dilution of another raise, the current share price relative to early May 2023 is ridiculous if you believe that fundamentals 100% drive this share price. I certainly don't. Fundamentals are simply exploited by the professional money to ride the waves of retail investor sentiment.

Doc ; "Sells outstripping buys by 5 to 1. It wasn’t a great RNS. Simple as that. "

Sorry, but I disagree. I've watched the price action since mid 2019, and there was a time when ' good news ' would have created a huge spike - typically from say 3p up to 6 or 7p. And then all the way back down again. That doesn't happen now to such a dramatic extent, so the dynamics of how the price action works has changed radically.

The price action right now is not driven by fundamentals - it's driven by short term trading. And I would guess that there's a lot of professional money shorting going on. I've just looked at a 1 min and then 10 min live chart of MATD in my City Index account, and the price shot up to 2.96p at 8am. Just 4 minutes later it had plunged ( relatively speaking ) to 2.6p. So any professional money shorting at the top of the mini spike ( compared to the large spikes which we used to have ) would have been looking at a profit of around 12 % with trades lasting just a few very short minutes. Nice work if you can get it...Or alternatively, the accumulation of shares at the consistent support of 2.5p may simply have been offloaded at the top of the mini spike, ready for the process to begin again whilst this sideways price action persists. There's about 17% of profit in that range - so for the professional money dealing in large amounts, that's a hell of a lot of money...Meanwhile most retail investors just scratch their heads as usual after a good RNS didn't result in the price action they wanted, so they typically talk about it being ' a poor RNS ' or the classic ' it could have been better worded.... '

For me it's all good news with this latest RNS.

I do smile though when I hear reference to ' the market will like this ' or ' the market will react in such a way. ' I just don't think for a minute that the price action with low volume, low liquidity micro-caps like this are subject to the perfect execution of Adam Smith's ' invisible hand of the market ' with a perfect synchronicity between fundamentals and price action.

For me it's all about how the professional money is using and exploiting the price action, and how they take advantage of the sentiment of retail investors. They can create fear or FOMO as they please. So they can accumulate when it suits them, and then do the opposite to most retail investors - in other words distribute into a wave of FOMO when retail investors are jumping in en masse. So following Buffett's ' buy when others are fearful, and sell when others are greedy. '

One thing watching the price action of MATD since mid 2019 has taught me - follow the professional money, and try to buy and sell in phase with it. Don't follow what retail investors are mainly thinking and doing. This is revealed by watching a daily chart, and looking out for phases of sideways action followed by sudden spikes. We are currently in a prolonged phase of sideways action between 2.5p and 3p - it's been going on since shortly after the last raise.

I guess the aggregate would have to be pretty fine grade for making the concrete ?

I kind of hope that it's concrete or mortar that they use to plug the gap - cement is just an ingredient (like flour is for making cakes ) to create concrete or mortar. For decent structural strength no doubt it will be concrete.

Doc : "Gigi " is WOS.

Relax people. We are in a well entrenched trading range between 2.5p to 3p, which allows the professional money to make decent profits whilst that happens. MMs anyway prefer the sideways action, it helps them to make money on the spread. Then there are the trading desks ( some of which are MM trading desks ) who will go both long and short whilst the range is valid.

So much panic about the selling - last time I looked the figures today were a third more buys - 158K sells vs 236K buys.

The fact that the share price is down is just the MMs playing tricks, as they always do.

Londonsuede ; " From experience when the exact time comes, they release the break and SP shoots to the sky within blink of an eye."

Out of interest, which experiences are you referring to ?

Proquo ; Insightful observations there. Thanks.

Proquo ; nothing much to do with you - I was just being sarcastic towards Hamm's ridiculous declaration on here a while back. His ramping is on another plane.

The comment I quoted from you just shows up how absurd Hamm's comment at the time, given that you have identified significant risks right now, when the fundamentals are far better than back then. At the time, the District committee had not even voted to grant the land access.

Proquo ;

"For me, I'm staying in even though I'm just about in tiny profit as it's hard to see a better small cap olier in this space with better potential in a short time frame than this company. It's a gamble, one way or t'other but all investing at this basement end of the market is high risk."

But Hamm told us all before the District committee had even met to vote on the local land access ( after having been denied it for many years ) that there is no risk.....

Pilsbury7 ; through observing price action, and patterns that keep repeating. For example, periods of range bound sideways action, such as we are seeing now, followed by sudden price spikes when ' news ' hits.....Take a look at a MATD daily chart going back say 10 years....

I think what I have learnt with this share over several years is something that I heard about many years ago when I first delved into how share price action really works ; always place your money in phase with the smart professional money, and not with retail investor money, which is usually entirely influenced by news driven sentiment.

Thornogson ; I still feel that if there is sudden great news, then yet again we will see a large spike, followed by a huge pullback. I just don't believe that the price action will smoothly trend upwards - it's just far too volatile a share to do that, and the trading desks will know that selling on spikes has always worked every time in the past for them.

Thornogson ; you can tell from the comments on here that many are LT bag holders, locked in until they can hopefully at least get their money back.

IMO the constant selling we are seeing at the top of this long protracted trading range of 2.5p to 3p is professional shorting using instruments such as CFDs. With professional shorting you don't need to own any shares in order to sell and then buy back. Or they can simply keep buying at the bottom of the range and then offload at the top, whilst holding on to some in order to offload at better prices if a positive RNS comes through.