Member Info for jamrock

Argo down and we are up. Not tracking bitcoin so surely unless it’s a pump and dump some one must think news is due.

Next to no spread so looks good. Let’s hope gets into the 30s

Suthy
Let’s hope it’s Addison who right and that dream comes through.

This share moves both ways rapidly but it in the blue so all good

Yes looks like the buyers are back. Any thoughts on where it ends up

Jambone
Yes charts do play a role and this is why we get spikes and falls. When something is rising fast everyone wants it to breakout and new lines get drawn and targets. It’s recently had a significant fall but support was definitely drawn around 1.5p. Yes we all want it to be sustainable because it’s obviously in everyone’s interest. The thing is it’s an unpredictable stock and it fly back to new highs or easily fall through support and new technical support gets drawn. The fact it’s rising is great news but clearly it would be better supported by FG and news. This is also why many have stop losses and also automatic buys

Not always predicable should of read

Suthy
These markets are always predicable and it could be they anticipate news but it definitely had support around 1.5p which is good.

Whatever is behind the whether news or technically oversold it’s good news. The key is a sustainable rise. We don’t need a pump and dump. This feels and looks sustainable

Well I for one hope it is sustainable and been saying 1.5p was a figure we needed to watch. Yes it appears have bounced and hopefully it’s on the way back up.
We all miss one thing which is we need the urgent update from FG and it will definitely be sustainable.
Maybe some news soon

Actually our market cap 10m and totally 32m so roughly 3x more but we have more cash.

Morning all
I took a long look at at a company called Totally to see why it fell so much recently. I was actually invested in it but sold before the fall luckily. The reason I mention this company is because it still has a market cap of 32 m and 5.5m in the bank. It also maintains it divided.
My point being we have more in the bank and a market cap a fifth of there’s roughly. Mhc is well undervalued even on the cash in bank alone. We are encountering inflationary issues etc like others however the board need to clarify contracts etc and update on new products

Not drawing any graphs but it’s lifted over the last 7 days. Hopefully it’s the start of the recovery. Bad news and diluted shares all priced in. Now onwards and upwards I think.

Thanks Cuvio
Taking some time off now. Relaxing. Happy days

Lemmyaquid
I 100% agree with you. Boring and repetitive is the world. Unfortunately lost confidence when the person advised people to sell all below 1p at lows then has a dream of 8p then sells some over 2p and says they’ve learnt a lesson. A Pitty they ain’t fully learnt not to pump and dump. Sorry but stick to strategy and happy with my personal investment and don’t need proven sellers at lows advising me. Lol.
What I do do need is FG updating the markets ASAP.

Just read my post and I apologise for my mistake. Had a hernia op today and was typing quickly before o went down. I meant to say don’t sell on the cheap and take this as a buying opportunity

Good luck to all investors but I think if they maintain the dividend it’s getting to a level of risk reward it’s hard to ignore the longer term potential for returns on risk

Unfortunately the market isn’t taking kindly to the lack of news and it’s taking us lower every session. I do hope news comes soon as investors confidence is easily eroded and panic can set in. I urge people to remain strong and sell on the cheap and rather take it as an opportunity to average down. It will have its day soon

This share is a classic of why you have to diversify in sectors etc. This was a steady slow growing but relatively safe consistent share with a dividend for years and then halved in a month. It’s will bounce when it’s sucked the will to invest out of people.

I must say even though I’m still buying at these low prices in my opinion. I find it frustrating we are hitting lows despite upbeat trading statement while other shares like, boohoo etc and others with loads of debts way off lows. Hopefully we have our turn shortly but you find markets difficult to predict sometime.