Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Egg on face for sure for the two clowns once again, they spent their whole weekend serving up tripe and then come monday morning the share price is totally unapreciative of their efforts to push it down must be very frustrating for them, I have just finished for the day out at 94p, time to put my feet up and have a laugh as I catch up with their drivel.
One of the silliest comments by castleclown about a rights issue, I think both clowns have probably lost a lot of money in the recent past. I am taking a small punt on a modest rise on IAG on 30th, I doubt much negative or positive will come from the rns that we don't already know but the US is not dropping and if there is a slight rebound from yesterdays drop it could give the FTSE and IAG a rise but its all a punt as we have four hours still to go in the US.
I sold RR last week at £2.37 as I did not want to take part in the RI but saying RR are down by 65% is nonsense if you are reffering to the RI , the RI looks like it will be a success and long term RR is a good company i.e. in clownspeak the opposite of AMIGO. I still have roughly 5 million RR C shares but these are probably not worth much and will cash them in when I can be bothered trying to find all the certificates which are probably somewhere in my amazing filing system where stuff goes in and dissapears forever ( I will probably leave them for my relatives to figure out). I will probably buy back into RR once the RI is out the way but it is not a trading share for me unlike IAG.
castleclown giving advice on IAG , take a look at his advice on SGC he said it looks like the bottom then fell another 10% within days, he thinks AMIGO is worth a look, very funny , AMIGO is probably heading for zero. IAG is where I would expect it to be considering whats happened to the FTSE100 with leaders like RDSB now down to 866 and BP at 192, with the covid scaremongering and the possibility of a Biden win all markets are down. Once the US election is out of the way and whoever wins is going turn on the money printing presses we will see the US market up which will pull up the FTSE. There will not be a 2nd rights issue within a timescale that matters, it could happen but it is such an irrelevance and unlikely that anyone sensible can ignore the possibility.
roger61, the very strong cash position of IAG today is underpinning the share price, if you believe 50p is coming are you shorting it or are you just part of the clown club ? What matters to me is what is the price today and maybe what it might be in a few weeks from now and for sure its not going to be 50p.
Wasu , castleclown and whataclown are not investors at all never mind modern, I could imagine them on speakers corner wearing sandwichboards warning tourists about something that is totally irrelevant, you could be right about the trading range widening out, I am normally more than happy with a 1% move , todays 9% move up off its low point within the first half of the day well what can I say, its a money tree.
frazel, you may have inadvertently bought more IAGN rather than taking part in the rights issue ? IAGN was tradeable to buy and sell until it expired and any IAGN that were not excercised became worthless. IB is a broker more associated with options and derivatives trading than a straightforward stockbroker but they do both, I have used them and for options and they are one of the best and are well respected so its unlikely you have been scammed. In another post you said you had bought IAG so you should have been allocated IAGN rights which you then would have had to either sell or excercise prior to them expiring .
I once paid for a course, it wasn't a complete scam but knowing what I know now all the course material was and still is available free of charge from websites like investopedia etc or from brokers like IG IB Saxo and many more. The person running my course was trading his own account which I believe is rare amongst these types of people but as is typical of these types he made out that he was making lots of money but if this were true why the hell would he waste time trying to teach duffers like me. My advice is never ever consider paying one penny to anyone offering a paid for course in share/options trading etc , I reckon most of them are crooks. Also be cautious about joining share trading 'clubs' run by a self styled guru, these normally have something like a maximum of 19 contributing members with the guru getting his share for free in return for 'managing' it which may mean stuff like creaming off backhanders from the brokers the trades are channeled through and all manner of similar shenanigans.
Annikins, none of what you listed has any bearing on why IAG is attractive to me and probably there is no point trying to explain, I have done hundreds of posts on here going back 7 years regarding my reasons, I tried with whataclown to explain but I realise there is not much point, he just does not get it and I suppose you are probably similar in your outlook, you only post negative opinion, thats your way and nothing will change you.
Annekins, you got it so wrong so but I have to say you must be thick as a short plank to think anyone would take any notice of your advice and still be spouting nonsense, IAG remains one of the best shares on the FTSE but its likely you do not understand why.
whataclown, the UK government will not nationalise any company that is solvent , IAG is nowhere near becoming insolvent, when previous nationalisations have happened they were to companies that had no cash and were insolvent. You have even predicted that a 2nd rights issue will be needed, this kind of contradictory comment is what earns you the name of whataclown, you think nationalisation might happen and also at the same time another rights issue will be needed and that you will buy when it gets to 80p and now 50p, you will never buy IAG.
mrarababa , I would stick to metaphors if I were you and not risk playing the stock market, I expect your capability to make money from IAG is about nil and after all does anything else on here matter ?
Newbie_k, The vast majority of those with negative opinions on IAG have no position short or long, they are spectators and enjoy the banter trying to show they are right, take a look at Annikins posting history , she is very similar to whataclown in posting dozens of negative comments, nothing could ever be right with IAG. You can safely ignore anything these two post, they come out with macro economic bullet points which they have read on one of the free blogs , I read the Paul Scott blog on SP when I want a bit of negativity, he is a bit like Vince Cable having predicted 27 of the last 2 recessions, you get the picture stopped clock etc but eventually of course the US markets will lead a correction or crash, I think we can all see thats going to happen at some point but these clowns think that they need to post their drivel hundreds of times over . I suspect both clowns have lost money in the recent past and they are just venting their spleens.
I think it does not put put anything into context, the article says less than half the worlds population could be vaccinated in 2021 if the planned doubling of capacity happens. Less than half the worlds population are the sector that travel in fact much less, you know roughly who will get the vaccinations available first and its not likely to be those in the poorer countries who have never been on a flight in their lives. In my case I am probably classed as being in the vulnerable category being old and fat and have travelled to around 8 different cities over the past six months plus taken four journeys by ferry, if I get chance to have the vaccine when it comes I will take it but I would be happier if those more vulnerable than me like whatymessy gets it first as it might help him feel more confident about travelling.
A.smithy, I have been getting real with IAG for many years and yes some on here have been very unkind and say I am not in my right mind but not to worry, I bought more IAG just before 4.30pm on Friday and hoping to make yet another quick turn, it can be a very busy business this affliction of not being in my right mind. I remember last time around 2012 and even further back in 2012 lower than today and even in the old BA days of 2001 and peeps saying similar stuff but it worked out well for me, strangely enough I never heard from the same peeps again. Are you planning to become a long term holder and what is your track record of guessing things right, did you do well with your own guesswork ?
Whatymessy , IAG+IAGN is approx £1.50 not 112, I traded this once today and will take another gamble with a limit order at 111.5 , wouldnt want to be out of this over the weekend as they used to say on the AIM boards but seems there are plenty of peeps dont want to be in it over the weekend, anyway I will give it another whirl.