Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No I wont, its massively overbought they always retrace, long term you will sail past £5 but I am here for a 5% drop ish, and they always come back, always. Nothing goes up in a straight line, absolutely nothing.
Im thinking they gave worst case scenario update on the last update, knowing their current trading was ahead of expectations.
Market alreadys knows or MMs collecting stock for tomorrow, sure we will soon see
Still short are we nuri? I would hurry and close and when this snaps back and it will, youre in for a world of pain. T. Rowe Price International Ltd loaded up 5% only 6 days ago, they will know an awful lot more whats going on that you.
Same with hut group, im keep trying to guess the bottom AO as it falls even more, results due next week, shaking out the last of the weak retail players
It was overbought this morning RSI 78 so there would always be some profit taking, granted it can stay overbought for a good while. Not trying to teach people how to suck eggs, but a 50% rise on no news, should always be sold into as well.
Cant say I didnt warn you, this is an art to shorting and this wasnt 1 of them
I didnt get 300 but I did get 320, and I still watch with interest. I have have a strict set of rules and they work when it comes to shorting. I made my money and I have absolutely no interest in the company. I short when stocks his certain criterias, and if you become overbought, I will he back. Good luck with your investments
Another desperate shorter, god its getting interesting now. I do love it when they get it wrong, squeaky bum time as this sales off towards £1. Do you cut your losses? Or go into desperate overdrive as the price continues to climb. Shorting is massive fun, better than going long any day of the week. I have my shorts setup for next week but takes a brave stupid 1 to be shorting this
What a strange post, you bagged and then says this can bag multiple again, but its cash hungry and thats why you sold. But then its now a good time to buy, even though its cash hungry. Contradiction no.1 but then 4d is the real deal. The bod are excellent, but then watch for a placing and a short position has been taken. So basically youve taken a short too, with some much news due youve taken quite the risk. And I short
Ive never see angle derampers before, news must be due so they can try scare investors into selling. Paid derampers are always a good sign. A decision is 2-3 weeks away, you dont want to be out of this when FDA lands
Started shorting it at 152 and added further on the way up to 155, closed it at 150, not here for the bigger picture. Good luck
Argadargada is flapping now after buying in at 155 yesterday after reading it will IPO at 17bn, oops, the clever people started selling yesterday at 155
It was overbought, the drop was always coming.
Definitely cant read, why would I want to gather some cheap shares? I have absolutely no intention of investing in provident. Its overbought, it will retrace its how it works. Smart people sell at the top and buy on the pull back, guessing nobody here uses charts and trades their LTH. Gali brought me out of retirement, as I had made my point and I was leaving you to it.
Starting to think you provy crew cant read :) I said below I have added again today at 344 & 347 as it kept going up. When you go to the home page on short tracker it tells you the most shorted stocks. Generally 2-3% is about average, you will see some of the shorters got massively burnt on the sainsburys spike. I track a lot of stocks once they become overbought and MACD crosses either up or down separately. Provident is a nailed on short when it hit RSI 77+, hence my involvement at these levels. The volume is also minuscule and there is a big print every day after the bell, so its not institutions loading up and its just PIs buying at the top of the range. RSI is still overbought and the MACD crossed down, historically when this happened previously has led to a tasty drop.