Member Info for Ken23

Current yank exchange 296.6 so we could be in for some turbulence for a few days until the metals pick up

Oil dips on record US output

Tense global market helps stem losses

Oil prices fell on Thursday, pulled down by record US crude production that led to a surge in stockpiles.

This is why the big drop in metals yesterday.

Base metals slumped on the London Metal Exchange (LME) on Wednesday, with aluminium and lead hitting their lowest in more than two years, as computer-driven funds sold after an options expiry.

* Copper prices are expected to extend their rebound in coming months as recovering demand in top metals consumer China and mine disruptions create a larger-than-expected deficit, a Reuters poll showed.

So going by the above report the drop was computer generated so it won’t take long to rebound as the contracts will soon be renewed based on the second statement, that copper will be in deficit.

Why are copper zinc and lead being hammered when the DXY Is falling with it normally weaker dollar means metals are cheaper so the price rises but today they going same way doon

We are doing extremely well today considering coppers now-down $100 per ton since we opened at 8.00 am and glen is starting a slight increase.

Just hit its low that it went to on 25march and glens low was 306.7 so I’m hoping it will hold here then if copper moves up glen will go with it

Billy fek you 267 your frightening me now where’s 340 gone on the back burner, I liked it better when you kept saying 340.
My CAML holding up well after toping up on 24th at 232 to collect the 8pdivi but I’m getting bit heavy in this one Now as every time I see a chance I top up.
I think it’s good for £3 at least when metals improve

Holding well considering that sharp drop in copper in last 5 minutes

Billy you know the other day you was saying about people being attracted to the dividend, then you started swearing bout GLEN saying that's it your never holding for the divi.

well take a look at Direct line exactly that I should have bailed out at 365 took me profit and said fek the divi which was 22p and now the fekin share price is 328 a fekin drop of nearly double the divi then I could have shoved it into GLEN

Had GLEN followed AAL on its rise from august last year GLEN would be trading at 432 today

I have just been comparing percentage rise from 1st may 2016 up to 1st May 2019 for GLEN RIO BHP ANTO AAL and KAZ as these companies are in roughly the same sort of business.

The rise for GLEN 104% RIO 106% BHP 106% and ANTO 104% are almost identical AAL was running in line with them until mid 2018 but carried on up to 197% KAZ is in a world of its own and boomed from may 2016 reaching over 500% but dropping back to today at 290%

Also AAL is one of the largest shorted companies in the footse 350 currently at 9.2%
My reason for doing this is all the negative sh.it that's been thrown at Glen but its still running in an identical price percentage gain with the other big 3 apart from AAL

Nice one Craig

on a roll by looks of the first 30 minuites go on you beuty

Billy I love to reminisce on the old harry hindsight now and then, makes me think look what you could have won.
Now come on Glenda get back to where you should be 340

Fekin bastards yes billy copper back to same as at 4.30 last night it was doing ok 3 hours ago west a c,I,nt

Hey billy I remember buying Glenda in mid February 2016 at around 110 and I was on holiday in the canaries 1st week in March and it had shot up to around 160 mark so I sold the feker so I ordered a bottle of champers to celebrate.
It wasn’t massive I only had £20k on it but made bout 40% on my stake.
Had I held for 2 years I could have had 300% however I was happy with my winnings at the time and had a fekin banging holiday.
So I agree with you billy if you get a good one hang on to it like you have.
I done the same with RRS at same time but was big on it I was in at £40 had somewhere near £310k on it when it got to £55 I bailed out only to see the feker go on in the next 4 months to hit fekin£90 wat a wanna I was.
But that’s life I could have been £300k up had I held my nerve but excitement got the better of me lol

Morning all, current yank exchange for Glen on their closing price is 302.79 so it’s a touch under our UT price of 304.35.
Copper, zinc and nickel all up from close of glen last night at 4.30 so could see some upward momentum today

George I give up and the answer is;

SCFC yes nearly there, I see UT and the chart showing 304.35.
I took 6000 for the mrs at 300.55 so she will be pleased with that in her ISA.
Its all a risk but if your not in you don't get fek all back.
Enjoy your evening.
ATB Ken

Hey welcome back Billy yes it works out from 344 to 300 is a drop of 12.8% now come on billy give this some woooooosh