Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The bitcoin bulls seem to be doing their utmost to prevent it breaching $47,500 - The bitcoin bears however look happy to cash in and plough their money back into sure bets like GGP. Can see the ARB board going mad. This is the issue with hype stocks, the profits aren't generated through good business practices and cash generation. Instead the profits are made from others losing money at the peak.
Can't get my head around the degree of the drop in SP. Outstanding results and MM's playing games. I understand that COVID won't be around forever to keep the revenue as high as it was in 2020 but I'd be surprised if 2021 revenue wasn't too dissimilar given the reliance on testing to open up the economy. Also seems people forget there is more to BATM than just the bio-med department. This will bounce, and I'll enjoy the inevitable special div.
ATB. JT.
Can't believe a company can receive an RNS as good as that one and drop so hard. Markets corrupt as you like. I've been holding GGP for a few months and have witnessed the same, been monitoring OMI progress and thought the SP would look very healthy at the open. Dropped so hard I had to open a position, bargain basement prices.
Apologies - There isn't a board for CBX yet and I suppose the chat gravitates to here naturally...
Got the same email, the PrimaryBid T&C’s say they prefer to offer on a first come first serve basis but ultimately it’s at the launch companies discretion. Think we’re all going to be heavily scaled back unfortunately.
Is it me or is the market starting to seem less like investing and more like gambling? With the Reddit stocks, the crypto rise with ARB etc. Just seems like everyone’s after hunting the next pump to dump before everyone else.
I believe it’s the reason for the slide in this stock, great fundamentals and a bargain at these prices, but investors are pulling their money to chase the next ‘Rocket’.
Let’s hope for some sense over the coming months and for the market to wake up and realise they should be placing their money in good companies as opposed to highly volatile ones.
ATB.
Looking like the 4th of March that Cellular Goods will float on the LSE, should be able to buy then. I believe tomorrow is the cut off for the IPO.
This aged well IMO.
Good luck, just be careful pumping and dumping stocks. Might be better off on Reddit surrounded with rockets and stars.
Here comes the inevitable drop mid afternoon as people take their days profits, buy the dips though, you know it’s going to rise into close so people don’t pay a premium in the morning.
Their due to list 4th March - I’d love to see the same but surely lightning can’t strike twice?? Lol
Forgive me if I’m wrong but the US are able to buy based on the LSE market times, nothing to do with NASDAQ or NYSE as KNB is floated here?
You can enter the IPO through Prioritybid - and they’ll transfer the shares over to your broker when the IPO is settled. Unfortunately priority bid isn’t comparable with 212, but they are with most other brokers, HL included.
I know it’s a completely different set up to KNB but anyone else get in on the IPO? You’ve got to think a 20mil mCap with David Beckham and Peter Wall on board.. well it’s got to be worth more than 5p?
Any thoughts?
Fickle much? Swear only an hour ago you were announcing a big drop.....
60p by end of the week - you heard the CEO. Three bags isn’t a bad weeks work, and that’s for the lowly of us that missed the IPO.
You’re only down when you sell.....
Are you for real? A spike just to see a sell off again?
The art of execution was a great read as a newbie. I understand that there will be those who don’t have funds to top up, hell I don’t without selling other positions anymore, but before I went all in I kept some funds free for the drops.
Eg. If I knew I’d happily invest £1k, I’d open a position of £600, with £400 left for the drops if and when they happen. Going all in straight up and then bailing when it drops is a sure fire way to destroy capital, unless you do it early that is.
Yes - grow some balls. You should have made a plan before you took a position. And either set a stop loss if you knew you didn’t have the stomach, or set prices that you’d be happy to top up if the stock did slide. Either or is a decent strategy depending on your appetite. Doing nothing is absolutely senseless.