Member Info for JohnLewis79

No surprise the stock keeps falling as the spate of RNS are nothing more than a holding pattern and gives the wrong impression to longterm holders, hell I know they are digging, I don't need to be reminded of it every week!
I'm staying away from these silly prices which reference diddly squat. Can it go sub 10? Of course right down to 4 or less, I don't know but averaging down hasn't worked for me so no point in buying any more cos you'll be trading in the 4-9 range thinking your making money! When it gets to 1 give me a ring.

DJ +68 (33,946)
SP +22 (4246)
NS +133 (14,270)
R2 +6 (1368)
WTI $73•08
10ytb 1•466%

Consumer related stocks in Tokyo led the 225 higher in quiet trade after yesterday's 953 surge, mirroring moves on Wall St. Fed Chair Powell downplayed inflation risks and vowed not to raise rates too quickly which helped sentiment, leading to 'catch up' gains in HK (+424).

Both Shanghai Exchanges are slightly ahead and Pan Pacifics are mixed with Gold, Bankers & Energy leading Sydney's ASX down 34 after OPEC agreed to raise oil production.

Latest:- Oil $74•9. Vix 16•66.
Gold $1782. Copper $4•274.
Palm $1010. Silver $26•010.
$1•393. €1•168. FF+2. DF+76.
Morning all.

Had a small pick up at 12•15 my lowest entry price before the next lower one!....Oh well such is life. I'm not convinced that these drilling updates add to our knowledge in that most won't really understand the terminology, myself for sure. In fact I'd be better pleased to wait for a blockbuster RNS that might move the sp in the right direction. Good news continues to be a drag on the sp, that's a bearish view I know but what's a poor boy to expect given the evidence to date?

We need a paradigm shift in sentiment and incontrovertable JORC data to hopefully move the sp and then there is no guarantee that bearish investors will throw in the towel. Hold tight imo, don't get blown out by unscrupulous investors seeking loose holders shares on the cheap to short.

I'm holding firm and will add in a small way when funds are available. I'm committed now, much deeper than when I made my first purchase at 18 which was not part of my initial plan. A loosing position of 8750 shares has now ballooned into one one of c.80,00 shares.

With my luck it'll be a miracle if I can survive going all in on a 6,2 off suit. Game theory says I should stack but maybe I can fill a long shot straight, you never know, even pigs fly once in a while.

GS, it could be down to any number of reasons. Don't forget this is an Aim stock and they are much more volatile than your 'go to' ftse 100 behemoth! PAT rose on the back of Indian hopes straight to 34 then fell back when that turned sour.
PAT has been under the gun ever since falling through several support levels despite encouraging news on our assets in W.A. If your a longterm holder you should not be too worried as on any concrete news PAT will turn up quickly especially after the Alliance Bernstein stake news which I take as a big positive.

I have been accused of over watching and commenting on miniscule moves in the sp, fair enough but it suits my style. You must decide whether PAT or any other Aim stock which can lose 50% of its value in a heartbeat is the place for your money. If not best move on. Gluck.

DJ +587 (33,877)
SP +58 (4225)
NS +87 (14,137)
R2 +30 (1361)
WTI $73•72
10ytb 1•492%

Asia rebounds after Walls strong run overnight with Gold and Crude advancing. Japans Nikkei 225 currently near 3% better clawing back most of yesterday's losses led the region higher. All stocks in the 225 are up led by autos as bargain hunters seek oversold counters.

As the roll out of vaccines cont economic activity is slowly getting back to normal. HK is flat, SH up 28 after a 3 day losing streak with Pan Pacifics all ahead except Singapore down 10.

Latest:- Oil $75•13. Vix 17•89.
Gold $1788. Copper $4•206.
Palm $1020. Silver $26•030.
$1•391. €1•168. FF +24. DF +80.
Morning all.

Two positive announcements and the shares fell from c.13 to 11•75 at one time. Good news sent the shares lower which is counter intuitive to most investors way of thinking but then again the jobbers have different agendas to you and me. At this stage of the company's development the sp is pretty meaningless imo, reflecting more hopium than any fundamental basis for value. But that's the way with early stage mining and oil companies.

We still await concrete results and until we do news about extended drilling etc, ain't cutting the mustard. Of more significance was Alliance Bernstein a Fund Manager with $630bn of assets under Management confirming a share holding of 10•40%, some 9•464m shares.

A good 443•2k shares traded today for a value of £563•6k or c.12•7 a share was the highest Monday volume for 2 weeks and it will be interesting to see if 12 becomes a solid base to move up from as previous support levels were easily breached.

Alliance Bernstein up stake to 9•464m.

Morning easyp it's estimated c $2•05tn is in circulation since Feb this year. I agree especially as many say inflation has been under reported.
$2000 Gold is coming its just a matter of when imo.

As you'd expect Asian stocks are lower across the region after Wall's wobble on Friday. Japan's Nikkei 225 is worst hit tumbling 1042 (4%) by lunch.
Mrkts were responding to the expected tighter monetary policy by the Fed in face of inflationary pressures and a stronger USD.

Latest: Oil $73•70. Vix 20•70.
Gold $1774. Copper $4•139.
Palm $1026. Silver $25•900.
$1•379. €1•163. FF -48. DF -183.
Morning all.

Wall St turns bearish on Gold according to the latest Kitco Survey of 18 analysts. The precious metal ended the week down $116 (6%) it's worst weekly performance since March 2020. Analysts see more selling ahead with support coming at $1700. Ytd Gold is off 7%.

Wall St:
Bullish 22%
Bearish 56%
Neutral 22%

Main St:
Bullish 52%
Bearish 31%
Neutral 17%

The Streets analyst's said they have been waiting for this correction and are slowly starting to buy. We want to position ourselves and prepare for weaker growth ahead and higher inflation next year.

DJ -533 (33,290)
SP -55 (4166)
NS -114 (14,050)
R2 -33 (1331)
WTI $71•50
10ytb 1•438%

Oil $73•22. Vix 20•70.
Gold $1764. Copper $ 4•122.
Palm $1010. Silver $25•845.
$1•380. €1•163.
Morning all.

DJ -210 (33,823)
SP -2 (4222)
NS +181 (14,164)
R2 -26 (1364)
WTI $70•52
10ytb 1•518%

Mrkts across Asia are mixed in directionless trading after a dull Wall St overnight. Techs were in demand following the Nsdq bouncing up on Thursday, they also factored in the slump in Gold prices and an easing in oil as the USD gained. Eastern investors remain wary in the face of mounting new infections despite the Japanese Govt lifting Emergency lockdowns in most prefectures. The Nikkei is flat, Shanghai off 17 and HK adding 170. Sydney up 28 and near 52 wk highs.

Latest:- Oil$ 72•59..Vix 17•75.
Gold $1786. Copper $4•204.
Palm $1010. Silver $26•250.
$1•391. €1•167. FF-7. DF +14.
Morning all.

Not really Waldo, some of my posts should come with a health warning. I don't want to see the sp going down day after day which has been the trend of late and can become self fulfilling and believe me I sure as hell don't want to see that happen. I have previous on a stock that never stopped falling until it hit a brick wall and disintegrated.

I will add at what I consider to be bargain basement level, that's at below 14 if I have funds. I have leveraged a good few thousand at (13•8, 13•9, 14, 13•1 & 12•75) and will continue to do so. Averaging down is always high risk, it's worked well for me in the past but really disastrously 2 years ago which nearly had me on the No 196 bus to Carey St.

Currently it's only going one way and its going to be very difficult to stop the rot in the short term which shouldn't concern us long'termers. Still it would be nice to see a blue close now and again as today buys outpaced sells on a 500k trading day, yet the stock slipped back.
Evening all.

Just bloody knew it as soon as I buy it goes lower! Heh ho, not by much but catching the days low has always been a mission for me. Nevertheless it will be headed lower tomorrow so on that basis in 20 days time I will be able to buy 4,000,000 at sub 1 and be the last man standing!

Catch a falling knife time guys, in at 13•12 & 12•75 &...... is 10 coming down the line?

DJ -265 (34,034)
SP -23 (4224)
NS -47 (13,983)
R2 -1 (1390)
WTI $71•51
10ytb 1•573%

Tokyo led Asian mrkts lower in early dealings falling near 414 on back of the Fed looking to raise rates a year earlier than expected. Currently at near zero with inflation (3•4%) above the Fed's 2•4% guidance, some economists are pointing to 2 raises during 2023 as the economy grows at c.7% next year.

Gold was sold off on the 'hawkish' statement traders think its bearish for Gold and bullish for the USD. On other mrkts HK has turned up 88 with Shanghai adding 7, SK,Taiwan & Pan Pacifics all in the red towards days close.

Latest :- Oil $73•98. Vix 18•5.
Gold $1824. Copper $4•336.
Palm (cif/R) $1065. Silver $27•250. $1•399. €1•166. FF -32. DF -96.
Morning all.

Could be the time of day star786, I dunno as early doors its all quiet as the bloody machines are still asleep!

Ftse 100 spread now!

I have almost given up posting here as its become far too frustrating, trying to dodge the incessant adverts and those bloody Meercats. FFS why don't they F...off back to Africa! Its all part of the conspiracy guys, you know that, don't you?

Interest in PAT has continued if trading volumes are anything to go by, 702,000 as of yesterday's close though no buy/sell data as the nos are unreliable. Even the London Stock Exchange does not provide the trading breakdown data on stocks.

However you can assume that sellers have the upper hand of late in PAT stock which has been treading water since early April. With just £1•131m turnover on PAT yesterday, day traders are finding slim pickings here!