Member Info for jamrock

Finely balanced. Need more buyers to pull us away from the 50DMA and onwards to the 100DMA. Then we can be reassured.

She thought it one of the best buys at 50p now at 45p. Time to take note for the long term

https://www.fool.co.uk/2022/05/27/5-uk-penny-shares-to-buy-with-5000-today/
Just a reminder of some smart views and opinions

Kosh
Good points but remember that in previous wars stock markets have risen sharply. The recent fall was not just the Russian Ukrainian war but we also had Covid which led to inflationary pressures and labour shortages.
I actually think this market is setting up for bounce across a lot of sectors and you get the feeling there’s a lot of bottom fishing going on.
We will have ups and down but I think over time we rise and any sign of inflation receding along with a possible resolution to Russian conflict and its boom time again.
That said there’s a lot of ifs in there but the world needs the markets to turn positive to generate a feel good factor and help have extra cash to spend in the economy otherwise a recession good last longer and be deeper.
Lots of quality stocks 60_70% lower so the markets are definitely due a bounce.
What will be interesting is see which sectors pull us up first!.

Kosh
I hope he did as it was clear this was heading North. The thing is whilst I’m happy we’re moving North I’m extremely p-ssed we ain’t got passed the capital raise price. Hopefully many topped up in the recent selling to average down.
Warren Buffett said he’s happy to miss to the first 20 % rise to confirm the bottoms in. Well he a magician but I wouldn’t be if I missed this one because all the buying pressure started with Henry Spain declaring his purchase so shorts had plenty of time to close. If they never then they are in big trouble. From 38p to 46p the
20% is done so we are in correction mode.
It would be lovely to find out someone else has been buying today but never seen many unknown transactions.
HRNET will not want to miss the party

Peakyblinder
Did you get back in

The Dow moving higher so momentum looking strong

Hopefully the spread narrows and away we go again.

Looking HRnet to buy soon. They clearly missed the bottom and will be eager to join the party so bet they are getting ready for a big buy soon

https://www.tradingview.com/symbols/LSE-STAF/technicals/
Don’t be fooled with sellers. The indicator has changed for good if we close above 45p. Then move to 50p

I feel if we get more Directors buying this will restore confidence. Similar to what’s just happened in one of my other shares Staffline. The share got marked down on relatively good in line results. The Directors started buying and it suddenly took off again. Every share is different but I just feel a few more large buys from Directors and we do the same.
Reason as mentioned before we are generating cash at a rapid pace in a market that is suffering from inflationary pressures. We have the capital to both look at acquisitions or grow organically via expanding and growing the new products. The markets are savvy enough to know the winners and as soon as a positive RNS is released regarding new products I think we push through 2p with ease.
It’s quite amazing we are still at these prices given all the targets we’ve smashed and delivered on our promises of new products.

Looking at the charts if we close today above 50p the coast is clear until we hit around 70p over a short period time because the reversal is ferocious with high volume.
I strongly see analysts jumping in the party and people like Zak Mir noticing the chart and giving us a shout out. I wouldn’t want to be in anyones shorts who sold expecting to get these cheaper.

The market has spoken due to the fact that the Directors have restored faith with their buys along with Henry Spain. Any shorts are getting burned today simply because we have smashed through the 50DMA with high volume and a clear reversal pattern is in place. This is still well well undervalued given that we haven’t reached the capital raise price of 50p.
Peakyblinder
Did you manage to jump back in. I hope so because we all want to make money and it’s still not to late. 47-48p
To buy

Kosh
You now know know they wasn’t sales and they were filling a order for 215,000. You get the feel when they are playing us to try and get your shares because the try to offer a good selling price close to the buying price to tempt you. It’s all positive though so hopefully it continues tomorrow

On a serious note look out for the RNS tomorrow as some big buyers today. I think the smart thing is follow the big buys and sit on it. I started adding recently again and will be picking more up. Think 50p will be tracked down quickly

Doubt they were sales. Sometimes they show wrong

Patience. When News lands we’ll all be happy

I suspect the 50,000 unknown today is Daniels purchase. We will find out tomorrow

And as low as 5p. If they met in the middle I’d be happy. Worth topping up I guess

Kosh
Not a chance. Time to call out Daniel Quint. Surely he does the figures and so hopefully he can make a decent purchase after all at 10p cheaper than capital raise surely with his skills he must know a decent investment!. Time to top up Daniel and Jamrock will give you a break.
After all Kosh Albert did say him AND Daniel intended to buy however small the purchase