Member Info for Kingalf

EVG closed down 2.33 percent on Friday, February 10, 2023, on 1.93 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Kight more than likely adding to his 12% holding. On the surface I've been a bear on this share for a long time, I remember arguing with money munch on countless occasion and have been proved right. Something is stirring in the background, the bods have confirmed this by saying they couldn't buy even if they wanted, this together with Kight sizeable position has led me to put my apprehension to one side and take a small position, I'm not expecting a massive rise, 50% would do me

EVG closed down 1.15 percent on Thursday, February 9, 2023, on 18 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Looking at the candlesticks we had a doji yesterday and a hammer today. All pointing to a trend reversal especially when factoring in the oversold scenario. Expecting an uplift in coming days.

Following a routine annual check up, it turns out I have an enlarged prostate. Following a subsequent MRI scan the consultant said there was nothing to worry about. I would advise anyone over 50 to get checked out, it's as simple as a blood test to check your PSA score.
Now onto why I'm posting this here, well my consultant said to eat plenty of broccoli as a preventive measure. This together with other snippets of info I've gleaned recently has led me to dip my toe back in. I've only gone in small and have pretty much written the speculative investment off at the start so no great stress if nothing materialises.

Adamsk - I do at times question the intelligence of some on here and with your last post I'm doing that right now. I'll spell it out for you as you completely missed the obvious conclusion
"Its advance stalled at its 200 day moving average, an important long-term support / resistance line"
Make yourself a cup of tea and see if you can figure it all out by yourself. If still unsure in around an hour I suggest you stop trading as it will end badly for you.

Swing trade bot
POLY closed up 3.64 percent on Friday, January 27, 2023, on 3.99 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
Unless we get some news that they have abandoned the delisting, this could well test £1.60 support levels next week. The news last week confirmed to me that their Russian holders take priority over all others, clearly keeping Mr Putin happy at everyone else's expense.

In my opinion Poly is now just a pure ceasefire play, war continues, these delist and UK holders are left in the wilderness. Ceasefire with sanctions removed will result in £10 plus. Clearly a very risky situation which in my honest opinion is not priced in yet. I expect these a lot lower in coming days to reflect the above.

Until we get clarity on the listing, any move up is a sell, anyone saying different has their own agenda

Unless they come out and clarify the London listing this will be below £2.00 tomorrow.
No London listing is a complete disaster.

Surely this is negative, or has the ft mis reported.
Chief executive Vitaly Nesis told the Financial Times.
"He said that while he would like to remain listed in London, this would probably be impossible once the redomiciling was complete. Polymetal’s efforts to list depository interests in London had been “denied” by service providers that “refused to deal with us”, he added."

A little too much optimism floating around.
The company will be very reserved when it comes to any good news. Pretty much playing piggy in the middle, on the one hand wishing to stay off the west's radar and on the other not wanting to up set Putin in anyway. Plenty of opportunities to make money here, I just don't feel Wednesday will be launch day. I sold out last week on precisely this view, if I'm wrong will just buy in again at a higher price.

Single digits in thousands :)

Wow not just me then.
My loss was in the single digits, even so, it wasn't a pleasant experience so I feel for some on here. On paper it looked a great opportunity, what also inspired confidence was that Foo was taking his salary in shares. In a parallel universe they are probably doing quite nicely.
A cautionary tale to all on here and lessons learnt 1.Have a stop loss
2. Don't be seduced by FOMO
3. Stick to managed boring funds for the bulk of your investments.

Hit a resistance point back in April, coincided nicely with my whac a mole post around 14:20.

I do think any dividend announcement will be viewed as negative from the west perspective irrespective of how Poly sugar coat it. Putin would probably view it as a negative, countless western sanctions designed to undermine Russia and then they use Russian resources to pay the west dividends, would not go down well. Both parties will be playing whac a mole with anyone who sticks their head above the parapet. This new year gold price rally will be short lived once reality sets in and the realisation that central banks need to do a lot more to tame inflation, a drop in gold is inevitable.
It's been a great couple of months, I'm sure there will be others but I think this has now run it's current co**** and I'm out.
Could be a little more meat on the bone potentially £4.10. Good luck to those holding on, fortune favours the brave but I personally don't think this will be a straight move back up.

Wondering if there will be another topping up opportunity under £3.00 or is this it.

I'd rather they didn't pay a dividend and focused on paying down debt. Keep a low profile, any announcement of a dividend payment will be seized on by the media and sanctions would surely follow, all to every ones detriment. Problem we have now is that there are too many over exposed punters who are desperate for a quick return, this is a long game, stay below the radar while the war continues, once over we'll all come out winners.

To continue with this analogy, the risk is that the £10 is either taken out of circulation, confiscated or longer accepted as payment which sums up the risk side of Poly. But then again the £10+ is fully backed by the Gold, silver and copper reserves which is why it's a risk worth taking imho.

Oracle - very sensible comment.
I've always chased the crock of golden at the end of the rainbow and have come unstuck on several occasions. Still Poly seems to working out for the moment.