Member Info for Lazarus2

Unless you have good “market intelligence” you would not want to be short on Sareum with the upcoming Bank Holiday. Any sniff of activity in the weekend press, and Tuesday morning RNS, will light the blue touchpaper.
There! I said it….

It is an old market adage Bailiff. I reminded investors as St Leger Day is end of Sept.

Not long until St Leger Day. MMs know it

If anyone ever needed proof of the way the market can be rigged - this is it. It is indefensible and blatant manipulation. Nothing to do with market forces or supply and demand.

At least Dick Turpin wore a mask

The shorters “Intelligence” suggests no news today. Hoping they get blind-sided though.

…from here. The bottom is the point at which you buy guys. That’s if you are genuine of course - which I doubt. Good luck though.

* Press

Take a look at the chatboards of shares you are not invested in - same price action and same comments. It is endemic on AIM at the moment - it may show that AIM (in general) is cyclical. Even to the point that we invariably have a Santa rally etc: followed by soft financial pressure reports about small caps about to rocket etc: all of which comes ahead of end of FY and beginning of new FY for ISA investments. Capital raising January to March.
The adage of sell in May and go away, come back again St Legers day is very apt. All IMO

There is nothing wrong here and the sp movement is being orchestrated. This is not pi trading activity that has caused this.
Whatever the cause, it represents a really good buying opportunity.
“Market Intelligence” has provided the opportunity for a sustained drop and the confidence to hold it down. The same “intelligence” will also let them know when to close their positions.
Anyway, back to my break. It is what it is!

*sp

Happy haddock - I agree with some of what you state, however, a falling sp can present a buying opportunity and a rising so can present a selling opportunity. Each to their own strategy is fine. It is not necessarily about so per se but more about market cap. In ECR’s case it is ridiculously low - you cannot undiscover gold!!
I find people advocating jumping ship at these low prices are usually hoovering them up at the cheaper price. Nothing is a profit or a loss until converted to cash.

We think alike BCB.
Ridiculous amount of bed wetters here

C’mon guys ffs! A negative thread heading that has gone on forever is manna from heaven for mm’s, traders and brokers.
The market cap is ridiculously low and progress is being made operationally on a daily basis. We are not dormant in the field.
And for those advocating selling, who do you think is buying
Ffs get a grip and exercise some patience and investing nous.

Let’s face it. Very bland RNS and was always going to feed mm requirements for more cheap shares. The market anticipates the development to take longer with very little positive news in the interim. Typical Sareum in my view and nothing to worry about.
We won’t have too long to wait before further news drops and for the sp to resume an upwards trend. The development timeline is there for all to see.

Whichever way the sp goes we have a clear timeline for development and possible partnering. The development has been re-affirmed by the RNS so there is clearly much more to come. Our HNWI’s are obviously happy with the development plan.
Watch this space…

If it is any consolation this is happening across the market at the moment - certainly with my portfolio. It seems to me to be shamelessly orchestrated.
The old adage of “Sell in May and go away - come back again St Legers day” holds good to this day.

Really good post RMM. Sareums share price is just waiting to rise on more news.
Valuations and speculation at the moment are all pretty subjective. For instance, I think around 10p is fair value given where we are at the moment. Covid is the short term boost for the sp and the phraseology used in the RNS on 1st July stated that progress was subject to examination of the results by others (or words to that effect). So we all have different reasons for our different views on valuation.
The speed of any sp rise will be governed by news from here on in. Potential doesn’t last forever as many a sportsperson will testify to.
Not long now though

Evening Danny - any Director dealings would be notifiable to the wider market once the dealing has completed. This also applies to any directors exercising warrants.
Hope this helps. James is correct in his observation.

But very well educated guess work Bigtimer. News is due very soon.