Member Info for investor33

Wigster77 ; Yep - on FTSE and Dow futures. However I will be adopting a particular approach with the Nasdaq as per the methods that I have been studying in recent months. I'm only interested in NASDAQ small caps now.

Doc ; I think the difference is that I analyse my mistakes and try to correct them. Sticking a load of money into this stock and holding it for ages has not been a smart strategy to date. I wont be doing any more AIM punts in the future.

I can't believe that you mock technical analysis - traders all over the world who are successful beyond your wildest dreams use it every single day. They are real professionals though.

Doc ; I notice that you have changed your tune now about the MMs. I seem to remember you sarcastically telling me that what I had written about MM manipulation was ' a load of claptrap ' like you have now just said about charts and technical analysis......Humility and having an open mind is not exactly your forte is it ?

Aeschylus ; all I can say is that over the last year or so I've observed two sets of people who are involved with the stock market ;

- the typical punter on here, who has been invested in MATD for years. They often post on here several times a day. Generally they are unhappy that their ' investment ' seem to be subject to volatile price action, and often they are underwater. They haven't sold even a portion of their holding when the price has spiked numerous times in the past to say 6.7 or 8p, which just increases their sense of frustration when the price tanks for the tenth time that they have held their ' investment. ' And every day they are on here, moaning about the company, the CEO or the Mongolian authorities - anything except taking responsibility for basically taking a punt on an AIM penny share which is highly speculative. At the end of the day, they will never look in the mirror, and think about whether their approach is a sensible one.

- On the other hand you have one or two professional day traders, who I have followed since the start of the year, and whose approach I am intending to copy very soon now that I have just finished managing a self build house project.

They are in front on their screens every day, looking at charts with lots of technical indicators, which they have spent a lot of time understanding and mastering. They are not get rich quick types who think that they only have to do a bit of fundamental analysis on some penny stock, and then will become a millionaire off the back of it. They analyse lots of different NASDAQ stocks every single day using specialised stock scanners - picking out the ones which meet their strict criteria for day trading. Frankly, they don't care what the company does - just as long as on that day it meets several well defined trading criteria following some kind of news release which creates extreme volatility on that day. Some of the stocks move up several 100% in a single trading session.

They carefully manage risk using strict rules for doing so which they have set themselves. They are often making 2 to 10 trades per day. One I have been following routinely makes 10,000 to 15,000 Dollars per day, and has made around 2 million Dollars from day trading ( figures which are audited ) They don't spend any time on boards such as this one, as they are too busy making real money. Day trading is demanding, and requires complete focus - successful day traders are not keyboard warriors.

Out of the two - I know which ones are the winners. As soon as I have sold my MATD shares then I will be happy to leave the ' investors ' to their AIM punts.

Aeschylus - frankly I don't care what you think, as I can guess which category you are in.....

MongoliaLOLOL ; judging by the few childish posts that you have made to date, it sounds like ' unprofessional ' has a new account for trolling....

Jimibrush ; no worries. Yes, the price action has changed - previously we would usually have a big spike straight after a positive RNS, and then a sharp pullback to maybe half of the peak of the spike. And didn't it rise after the last raise to about 6p fairly soon after ? So maybe we are starting to see a smoother upward trend rather than a trader driven series of spikes and then large pullbacks ? Time will tell....It's still up 50% from the raise after all, and only 0.5p from where it was just prior to the raise.

Jimithebrush ; glad to see you have been spending hours reading through all my previous posts. Some might think there are better ways to spend time, but there you go...

Clearly the dynamics have changed massively with 13 RNS releases since the beginning of April vs one release every 3 months or so. You will notice that we don't get the sudden large upspikes in price like we used to do. Up until 2024 straight after an RNS the price would typically spike to 6, 7 or 8p before plunging to say 3 or 4p a few days or weeks later, and that isn't happening anymore. So the dynamics of the price action have shifted.

Thornogson ; it's not just down to that. If you take for example a well entrenched resistance level showing on a chart, you will have weakholders who were locked in having bought at that level, and will just be happy to exit without a loss when the price reaches that resistance point. So they sell, and create supply. Equally, traders looking at their charts know that there will be weakholders keen to exit at that resistance level, so they will consider it a good entry point to short. So you get even more supply which will drive the price lower.

Thornogson ; Fair enough. Remember that technical analysis is a universal language. Indicators look the same whether you are in London, NY or Singapore. Or even in Mongolia for that matter...

So when you have herds of traders and investors noticing that the RNS looks overbought or oversold, or there is a cross over of moving the EMA or the SMA, or we are near the top or bottom of a bollinger band etc then it looks the same to everybody all over the world, and traders and investors make decisions based on this analysis. If you look back over the years at a daily or weekly MATD chart, then you will see deeply entrenched support and resistance levels. And to give an example, that day last year that the MMs spiked the price down viciously to 1.8p minutes after the open, after a close the previous day of 3.5p, they did so down to a previous support level.

Good to see some posts referring to chart technical analysis at last on here - since the placing this board seems to have attracted more professional sounding investors, compared to the type of people that used to dominate the board prior to the placing. We used to have ' professional ' posting multiple times each day , sneering at the notion of using charts, which he referred to as ' graphs...' That gave you a clue as to how professional he really is....

Plus, I used to get lots of sarcastic comments on here if I even referred to support and resistance levels etc. Now we have people talking about EMA /RNS indicators and comparing different chart time frames etc. It's refreshing to see I have to say. I liken technical and fundamental analysis as being akin to a tennis player developing both his forehand and backhand shots. Would you expect a decent player to only ever play exclusively with his forehand and sneer at the idea of ever developing his backhand?

To the joker who asked what happened to the algo bots on the last RNS release, maybe engage the brain and count the number of RNS releases that we had since say 2021, how far spaced apart they were in terms of months, and then count the number of RNS releases we have had in 2024. I make it 13 since the beginning of April - we used to get them every 3 months or so, and obviously with that kind of spacing apart it creates far more possibilities for price volatility when there is a release after a protracted wait. A long wait means a lot of pent up anticipation. This is just basic common sense, but common sense isn't always that common it would seem....

Master ; yes, on that day in 2023, straight after a positive RNS, within minutes of the open, the company was suddenly valued at nearly half the value that it finished at at 4.30pm at the close of business the previous day. And then it was magically valued at over 3 times that crazy opening MCAP later that day....

That's nothing to do with ' market sentiment ' and everything to do with how the MMs can move the share price down to create fear and move it up to create FOMO. Yet even today, most on here are talking about nothing but ' market sentiment....'

Master ; as you no doubt know, I have been posting on here for years now about how massively MM manipulated the price action is with Petro Matad. Yet I've lost count of the number of times that I've seen people post on here whilst scratching their heads as to why the price action reacts negatively to positive news of some kind....It's just like the message never gets through to some...

A great example of MM manipulation was that time in 2023 when the price finished the previous day at something like 3.5p and yet within seconds of the open straight after a 7am RNS release which was entirely positive, the price suddenly plunged to 1.8p and then magically recovered within about an hour to eventually spike at 6p on that day. No doubt lots of PM shareholders en masse were robbed blind of their shares - giving them up cheaply to the MMs as their stops were hit.....There was lots of head scratching on that day as well, but some people never learn, and frankly these kinds of people shouldn't go anywhere near AIM stocks for their own financial wellbeing....

Strange that a well respected publication such as UK Investor makes typos such as not noticing the difference between ' plane ' and ' plain... ' They wrote ; ' it has not been plane sailing for Petro Matad. '

Hopefully we will have take off soon - so maybe that's what they mean....

Stas20 ; I must confess to not having listened to the presenation yet. Was he not referring though to the tripartite special purpose agreement, which has still not been signed by the provincial governor ? We wont need that now for 5 years anyway surely ?

My understanding is that with the District local access permits firmly now in MATD's hands, the work can proceed immediately once DQE turn up at the site. Correct me if I am wrong about this.

Much as I have plenty of optimism for MATD in the near and medium future, I can't help but rue the fact that I missed investing in Rolls Royce back in October 2022. I notice that it's now a 650% multibagger from that time.

Sometimes you look for complicated and seemingly more exciting scenarios in far off places when something much simpler and located on your doorstep was there all along.....

Thornogson ; "Wait for the oil. Heron 1 & 2 this year and all will be good."

I tend to agre with you.

Doc ; well, wherever the good gentleman is ( Professional ) I'm just glad that he's not on here every single day now :- ) IMO the recent resurgence of interest in MATD has now attracted quite a few more knowledgeable and professional sounding people on to the board, which is a very welcome change.

Cyber ; I agree with what you say about BP.

Bad Prophet ; I suspect that the difference is that to date I have never lost a single penny through buying MATD shares. My only regret is that I didn't cash in on the numerous spikes over the last 4 years. Selling say 50% on a spike straight after an RNS would have been a very effective tactic, though the dyanamics might very well change in the near future.

Doc83 ; I guess we've had 8 RNS relaeses now in just 40 days. At one time they were every 3 months or so. Plus we've had the churn from the placing.

Obviously there was a small spike to 5p after the land access RNS, however I failed to follow my own plan and didn't sell a chunk at the top of the spike. Unfortunately I was taken in by MB talking about being fully financed until 2024, plus his misleading reerence to the Petrovis loan facility.

Where has Professional vanished to by the way - just on holiday ? Or is he using another username now ?

Bad Prophet said he would sell at 5p but seemingly failed to follow his plan. Now he's sniping again out of bitterness....

The only tactic that has ever consistently worked with this share has been to sell at least a chunk when there is major FOMO going on.

Badprophet ; the bots are monitoring RNS releases, not investor presentations....Wait for the next RNS...

Medjed ; fair enough. I'm sure that your average will be hit fairly soon though. Mine is now 3.7p. I have consistently made the mistake with this share of not selling a chunk very soon after an RNS release on the spike caused by the news. I managed to buy about 10K's worth between 2p and 2.4p soon after the raise ( £2,700 with the retail offer ) but obviously I wish that I had sold most of them at 5p and then waited to see what would happen. IMO MB was a bit disingenous when he talked about being funded fully into next year and having the Petrovis loan facility - he deliberately wasn't revealing the full picture about the extra funding needed to speed up the number of Heron wells, plus another exploratory drill being on the cards .

Btw, the share price normally dips over winter, so I will be aiming to partly derisk late in the year no matter what happens. My basic strategy from now on is to sell a chunk on any positive news, and then buy in lower after the news spike, but not to hold too many over a winter.