The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Agreed no investment fund would buy 5% after a open offer unless there was a very good reason. This particular investment fund already has shown that they are no fools and very good at picking stocks that will rocked. Please do some research!.
GLA be ready for a wild ride
am in till £1 , will do some trading on the ups and downs with some but at least 50 % of mine are staying till we hit £1.
Unfortunately for you all ill be about for a while. Personally I was please with no News today as I often think of Friday as bad news day, The smart move is to have good news at the beginning of the week and let momentum push us up.
GLA enjoy the back holiday weekend.
Been looking at the date of last RNS and this one . looks like they were paying in the 2-3p range for the 3 % and the 3-4p range for the 5%. If they continue to add at this rate I think we are going to be carried up to the 5.5-6p mark in the next 7-10 days. That's unless we get news or another interested party Buying up the stock, This has got to have got the attention of the Big players now. anyone like to hazard a guess on what the rice will be for positive news, am Guessing 10+ on a decent farm out. looking at our history on the build u from our big rise I could see 30 p being achievable in a short period of time .
My personal opinion only, DYOR
If you setup a automatic sell for when the price drops then it will be triggered in the swings that we currently are getting , its a favourite game of the mm when a share is on the rise and people have made a little profit. the MM is after creating Buy and sell trades to generate more commission. if the spread is large like we keep getting hear it is easy for the to create what looks like a big dip, this triggers the auto sells that some people setup , especially if you cannot be watching a lot, when people log back in and realise that they have sold the stock automatically on a dip a lot still want to be back in as soon as they see the stock rise again , the buy back in at a higher price and thus generate more trades and more commission. It is also a useful trick to free up stock when they have a large order to fill. (I was told a long time ago that the MM can see the auto buy and auto sells that have been set, (don't know this for absolute certain but my mentor was quite successful and had a lot of good information.).
as always do your own research and looking forward to crossing the 4p and beyond.
I see we keep testing the 3.7 resistance point. easy to sot when its going to bounce but hard to tell which direction. I think we in for a big movement today but not sure in which direction. am still looking for a top up before we cross the 4 P
Good Morning all, hope we have all recovered from yesterdays excitement, I think we all have our own plan and a idea of how much we want to risk. One thing to remember is that some of us who are very long term hear have bought in a long time ago .( was astonished to find I payed 86p a share initially for this one ), For those whom have bought sub 2 p, I can defiantly see the allure of a quick profit and to be safe , Hope they get the chance to join the party again in one of our swings. In my opinion the action is only just getting started (Calgary boys signal yesterday) , my own plan for this share is long term investment till we start extracting the gas condensate , that being said I also have a small fund for large swings to satisfy the need for some profits along the way (hopefully) . Good luck to us all I am expecting it to be a bumpy ride with lots of swings and hopefully lots of profits. as Falky always stats please do your own research.