Member Info for LuckyLuciano

FTSE 350 Mining at all time higher

Hopefully second attempt to close above £3.50

Big unload of 236500 shares at 3.39 possibly some traders sold on resistance at £3.50. Iron ore price and result coming will support any amount of trading sale.....

My apologies for posting 3 times the same crap. Is that since yesterday the first 2 posts didn't show on the web so I repeated posting till all 3 showed up al one.

http://www.custeel.com/en/csi.jsp
Custeel Chinese index is stuck at 10th Ferb. data due to Chinese new year holiday, meanwhile price have gone higher, tomorrow we should get an update on prices from the above website, will we break $200 ?
Nice opening today, as predicted February month candle bar on its way to close the month above £3.50, hopefully by full year result date mid March we should go easily past £4.00. The free cash Fxpo is generating right now is almost embarrassing, iron ore price in my opinion are set to reach an all time higher. There is a lot of focus right now on metal prices and trade, you just need some rumours to make the price of commodity sky rocket.
As I type we gone past £3.50 we may find a bit of resistance but this is set to break out much faster now...

http://www.custeel.com/en/csi.jsp
Chinese price is stuck on the 10th due to Chinese new year and should be updates today.
Meanwhile my prediction of passing £3.50 mark this month is looking good. Expectation for full year results and dividend by mid March are building, if iron ore holds up cash generation will be overwhelming.

http://www.custeel.com/en/csi.jsp

Price for 65% Fe been stuck at $190 due to Chinese new year an update should come today or tomorrow.
Other iron ore indexes have registered a small increase in price....
My prediction of passing £3.50 this month is on track, expectation for full year financials and dividends in mid March are building, if iron ore price remains at this levels the cash generation will be overwhelming . Why not buy back some shares in stead of give tax/cash to Switzerland? Is also Mr. Kostyantin Zhevago paying tax on his dividends? This listing is Switzerland as always been an enigma to me.

I am with ii as well. Previous orders are on Hystory option, if you'll play a bit with the options is not too bad though graphs and technicals are crap.

me too see more past £3.50 before result, possibly a month candle closing past previous high and £3.50 becoming support.

Since 5th February Fxpo sp is following iron ore price and starting to form an up channel.
If iron ore behaves I am guessing by end of February sp will go past recent high at £3.50ish

Apologies is not about AZN.
Vaxart recently released data from Phase 1 C.T. showing that among many immune responses, unfortunately there was no neutralizing antibodies detected in serum and IgG responses were not detected in most subjects.
https://investors.vaxart.com/news-releases/news-release-details/vaxart-announces-positive-preliminary-data-phase-1-clinical
I am wondering if this tablet vaccine attempt by Vaxart in stead of been used as vaccine , could be useful as therapy to combat covid19, given it produced some strong immune response?

Back in with small buy.

Is just that form the moment politicians start to become doctors, I panic. Really hope they won't mix it and if so they will publish results before give it to people.
Still can figure out how useful would be to mix 2 different technologies, maybe by changing also the timing between the first and the second jab it will work. lol

Regrading plans to mix first and second dose from two different pharmaceutical companies, is it not dangerous to mix two different Vaccine technologies platforms? Will the government publish results of its finding with this new practice, including safety and efficacy and seek approval from the UK Health Authority, before going ahead with it?

On technical this looks a good entry point, on fundamentals though things are getting worst. Less 10% profit going forward for a mere $2 millions, 2021 production forecast for H1 lower than H2, aisc skyrocket and given that H1/2020 production is similar to H2, one as to wonder why costs are increasing...Then there is the political risk factor and the lack of geopolitical diversification. No wonder sentiments are negative, sp may recover but is not going to happen overnight.

Thanks Hunter111000
and same to you you your investments.
By the way reenables should read renewables....lol

Denziiil
it must be embarrassing having to apologise all the time...
Than again you are the expert about men so I am sure you know what you are talking about.
Me ....I have sold Fxpo added 10k and bought Novavax at 130$, up 50k on the day as we speak. Is not my style to show off but as I said, 30 years trading coming to fruition mate.
My investments since march is up 6 times, I owned shares jumping 75% in one day sold them to see them doubling and trebling.
Then again this could all be a bull@ith. But I would never deliberately call someone names without at least explain the reason for it. You must definitely have had a bad day Denziiil, if I may I advise you to understand the reason why and sort it, rather than go round insulting people.
No offence taken though I am too happy today to get bothered.
One last word on Fxpo. To me this is a share that is a great rage trading opportunity, look at the channel it formed from May to November. But to sit my cash for one year hoping for a 50% rise....hmmm i am not sure, right now too many opportunity out there with a bit of active trading. Mind you in the last year I have dedicated 6/8 hours a day listening to Blumberg TV and reading all I can about all I can about financial sectors, including Biotechnologies, reenables, mining of course ect etc.
Bye Bye

Hunter111000 you make an interesting point. In my view from 30 years trading experience where I lost a lot and made a lot, I have come to the conclusion that to maximise profits, timing is the one most important factors of all more than fundamentals, profit and the likes....Is easy and dangerous to fell in love for one share/company because of any particular reason...in the end we are all investing to make money and not to be proven right in our believes.
Some time opportunities materialise once every few years and we have to be ready to take them. This pandemic (even if is sad to mention this) from an investment point of view is one of these opportunities, if one can read correctly the market. Some of my investments since February/March 2020 have risen up to 75% from one day to the next...indeed emotions are strong with this type of trading, worst of all selling after doubling you investment to see the price doubling and doubling again.. But the worst mistake one can make is not cutting short the loss.

Exit a week ago at 306 will try to time a re-entry near Q1 result release by mid March, if the price is right.
It was painful to see my small profit erode day by day, I should have exit day after dividend and make an extra 10% profit or more....Looking back I ask my self if was it worth to be invested in a share for a mere 3% dividend (special dividend) when there are opportunities out there to make 50% in a day.
The dividend story have side-tracked me in my trading strategy, something I have to remember for the future.
The best of luck to all invested here still think that £5 is possible if iron ore price remain neat these levels trough out 2021.

...I have missed this expansion plans from 12 to 20 million tones. I am sure is not going to happen before next 2/3 years hopefully. If the capex is $1.2b-$1.6b is too much for some extra 8 million tones production. Champion iron ore (CA) is planning a similar expansion from 8 to 16 m/t next year for 4/500 mil capex.