Member Info for LWHL

Thanks mate. It happens. I have managed to claw back a small amount of that total loss so far with a trend trade in another stock today. Not one that I have commented on that particular chat board. I have a few more in that one where I am hoping to repeat the trick somewhat. Not chasing that loss though. It is a small position that IMO offers a solid risk/reward ratio for a trade at the time of print on its own merits...but time will tell of course.

But, again from personal experience, I would suggest you try hard not to allow that (entirely logical) mindset of trying to claw back losses from something else.

Look at them each on an individual basis and put out of your mind the overall maths of needing X or Y to break even on a previous losing trade. Otherwise, you are more likely to place bad future trades, IMO. Easier said than done, but good advice I think!

But having been in the same boat as you and having made (and still make) plenty of mistakes, all we can try to do is get better at this stuff. Especially risk management.

That is what distinguishes a good investor or trader, from one that ends up in a net losing position sooner or later, in my absolute opinion.

And IMO only, that is why I suggested you consider the approach and strategy as I outlined before. I think it might work for you - but only you can know what works best for you of course.

And say you do it and the stock rockets and never returns to this level again...you have to decide if those 'lost' profits would bother you more than said strategy.

Anyway, still holding my small core position here, but do not 'see' a particular trade right now. If this changes I will post as I have before. Might make it a good short at that point, lol :) GLA.

I decided to take a few off the table for a small profit. Still quite a bit overweight here, but more comfortable adding those back, should we get a retrace to the 23's on no company-specific news.

Still my largest holding and fairly relaxed at the time of print, which probably means you should all run for the hills :) GLA.

As is usually the case, I agree 100% Mary. We are in a period of a uni-party though, to all intents and purposes, IMO, so stuffed across the House.

If they are not going to sign this off on the basis that the company is seeking, then that should have been made clear a long time ago. And I do not blame the BOD for this (other criticisms on other stuff - but not this).

In fairness, I can see the potential difficulty of veering off the path of 80% (eg wider consequences and expectations/setting a precedent etc) - but this should not be potentially raising its head now.

Anyway, just a waiting game to see what transpires. GLA.

JG: Glad my memory was not faulty :) I would suggest not thinking about your average in those terms, because this is a LTH for you - and you can move it around with trading naturally.

So, eg if you were to sell those ones bought at 55p, then that particular tranche would lock in a nice 10p per share profit at the time of print.

Naturally, that action might lead to some lost future profit on that batch if we kick on from here, but if we retreat back to that level, or even just to eg high 50's, then you can look to repeat the trick if you so wanted.

Or you will have basically de-risked a bit on a size of holding that you sounded pretty uncomfortable with, only a few weeks ago. A strategy which might sit most comfortably for you.

I took a hit on another of my holdings yesterday, so missed your reply to me which I have only just seen.

Very annoying and a not immaterial sum of money either - but had I not undertaken a similar process to the one I mentioned above, then the size of my total loss would have been even greater. The successful side pot trades in that one in the past couple of years were not big enough to have put me on a free carry though, so it was still a net loss.

And if it comes back, as some holders in that one naturally think it will, then I will have made the wrong decision, from a trade perspective.

It just felt different this time and was one red flag too many to my mind - so I took a smaller loss than I think it would have become otherwise.

That one is on AIM though, none of which IMO now should be anything other than traded, where before some I held as investments as well as traders. Not a single AIM investment has worked over the time I have been doing this! Plenty have been good short term trades though.

Always a learning game, often with a hefty price tag! GLA.

Yes, pretty much. And Stalicla are only partially to blame - and only if they are pulling a fast one, rather than the BOD here being guilty of failing to meet the disputed end points for further cash payments. After Juv, lack of BOD inside buying spanning years, whilst awarding themselves rock star remuneration long before it could be justified (or affordable)....well, Stalicla might be blame-free, who knows?

I wonder if they will manage to get another raise away next time? I would rather this went pop and they lost their generous income stream here, rather than keep the lights on for a few more years. Shareholder value is never going to be realised here. Not with this BOD. Maybe not with any BOD. IMO of course, although the probabilities are strongly in favour of it being so, unfortunately.

Would love it if we can put this to bed once and for all.

I loathe these parasite ambulance chasing type organisations. No better than agent provocateur's for low level criminal behaviour, in many cases. They make the world a worse place. And ultimately a more expensive place, for those who it hurts the most.

While you should never buy or sell from a post on a chat board, dismissing bear opinions simply because you are long something is asking for a lesson in individual money contraction!

I was long and wrong here for too long really, but I never entirely dismissed the bear posters; I did pay less attention to those who appeared too intense and repetitive in their negativity, or those who veered from bear to bull for no seemingly strong reason. But, like today, when I am long something, I pay particular attention to the considered bear posts.

Probably even more so now, after a few soakings. And AIM is for the occasional short term punt, never a long term hold investment, as far as I am concerned now. Unlike a few years ago.

And especially if a BOD do not buy big from their own pocket, like the lifestyle ones here.

Most recent evidence to support this thesis/opinion, especially in this particular space: VAL and even CREO.

Totally agree. Not in this particular case, but with AIM basket cases, it gives them a 'clean' platform, of sorts. Some might say like Evgen Pharma, ahem.

Yes, of course nobody should invest off the back of these chat boards, but be that as it may, a lot of historically useful ideas and information essentially gets wiped with these name changes.

Anyway, I still prefer the old name in this one, but ultimately do not care as long as the company performance evokes happy feelings and excellent future performance :)

Hopefully in the form of a full length rebuttal in a rival newspaper, declaring that they plan to bring legal proceedings against them for a false and harmful article. Let me have that happy thought :)

Anyway, life is short. The weather is nice. See what the next few days or so brings.

Good evening all.

No, I am not going to do that. But these chat boards get very boring, very quickly, if only bullish opinions are allowed.

Even when I was very bullish here myself, I always welcomed bear opinions and hearing a wide range of ideas.

Why would you not? Echo chambers lead to the poor house. Not that these platforms should influence buys or sells generally anyway of course.

Like I said before, if it turns out that that hit piece was...well a hit piece, based on lies, then it might result in some action against the paper.

Which I would potentially support, depending on the financial metrics. Not a cheap activity at the best of times and the media generally has a strong legal team, for obvious reasons.

My loss to some here would be fairly meaningful. To others, not much. For me, it has blown a hole in my trading profits, but in totality, without wishing to boast, it has not really touched the sides. It is the principle though.

I understand how loans work, thank you. The bottom line, as far as I can see, is that if they get the 100%, then the article will be proven to be false and misleading and IMO the company may have grounds to seek damages.

If the source turns out to be right, then maybe they get anywhere from nothing to 80%. We are all simply speculating at this stage until the finance deal is confirmed in full. A wait that at least cannot go on much longer than it already has.

To be clear - that scenario is only my opinion, nothing more or less and not intended to influence anyone with their buys or sells etc.

It would be good to know exactly when they became aware of this article. If it was before the market opened today, then I'm sorry, but that is another black mark on the BOD. Not that we may learn the truth of this.

But we will find out if the article was false and misleading at some point in the next few weeks.

My current theory: the article will be proved correct, insofar as the company not getting 100% funding.

Sign off will be granted for the typical 80% via the EDG scheme, leaving the company to raise the outstanding balance on that 20%. In that scenario, and in this credit environment, well, at the risk of being accused of de-ramping, I think it would be unpleasant for shareholders.

Fine for the BOD and the employees, unions will be satisfied enough, and the politicians will be able to both claim they did not bow to corporate pressures, protecting the tax payer, while still supporting UK industry and UK jobs etc. In that smug and irritating way of a politician.

If something like the above plays out, my opinion of that 'broad sheet' will be unchanged from my earlier comments. Appalling behaviour, IMO.

Yes, I think we did. If we close above it again tomorrow (and better still, the day after too) then IMO that would be a confirmation. GLA.

Yes, suspending trading to allow for that RNS to be released would have been a good decision for the BOD to take, once that article was published, but it does not change the potential for market manipulation that an article like that can achieve regardless. And where the ultimate blame rests, even if it turns out to be 100% true.

So it should not have been published during trading hours. Either way, the timing stinks. But they will get away with it, I have no doubt. I naturally hope I am wrong about that.

I would refute the idea that sellers (like me) panicked though. It was hardly the first 'strike' here after all. No need to list them, as everyone who has held here since at least the FSS contract news will know the examples to which I refer.

And yeah, Arun should have bought a boat load of these by now too, I agree.

If dark forces are at play here, well in the real world, Darth Vader usually wins, Xenor. Anyway, lets see what happens.

That is still to be confirmed though. The source might be right. We will not know until it is all in black and white, either way.

I am starting to form my own views on how this might play out now, based on this latest material, including the RNS.

Whatever happens, I wish nothing but the worst on the journalist and that hit piece though. I cannot see how such articles can be published, when it will have a material impact on a stock market listed entity. At least not before a weekend, so the company can have an RNS ready for a Monday at 7am.

If we close above the 50 DMA, that would be very bullish, IMO. Pleasing SP action today so far.

Fingers crossed they build on this and we see significant appreciation from here. GLA.

It is a good RNS. If they confirm a strong finance deal, then action against that 'broadsheet' might be something to consider.

I am not going to jump back in, just on the basis of that RNS though.

Talk is cheap on AIM. Want to see the specifics when announced, and if the SP ends up having already pricing it in, then so be it. Fingers crossed for you still here that he delivers.

Thanks FG. While I will of course feel a bit annoyed at locking in this loss, if this turns around, I will be happy for holders like yourself, if it comes good.

It will be no thanks to the BOD, quite frankly, nor our politicians, but when it comes to the stock market, you either win, or you lose. Everything else is just noise. ATB everyone.

I have dumped the final tranche. If circumstances change, then I will consider a fresh trade, but this is one book mark holding that I simply do not want to see in my account right now, lol. Gallows humour.

FG: None taken. I am not saying this is 100% a bust and would not encourage anyone to buy or sell anything ever - but having seen a few posters on other stocks where serious issues happened recently, I am just mindful of this. Hence that particular comment.

I especially hope nobody comes on here to gloat at the misfortune of others, as they did on another chat board, where one poster had lost a significant amount of their savings it seemed.

I am sure there will be trades to be had, all the way to material news, whatever and whenever that might be. But in my complete view, this is now simply a punt. An opinion that I did not originally have, of course.

Still nothing from the BOD, at the time of print I see. How very AIM.

Well, we can only speculate now. I was uneasy about that and plenty of other stuff for a while in truth, but I felt that the strategic importance of FSS...the amount of visiting politicians and other dignitaries, both domestic and international over months...well, it trumped the red flags to be blunt.

And so, in that sense, serves me right for the risk management override, so to speak. That is a few months of gains wiped out entirely in next to no time.

But life goes on and I have had bigger losses. This was my final AIM investment. Quick fire trades in AIM only in future.

Which may include this dog, depending on what transpires. But only ever in the trading account, which is luckily where most of this loss happened, so there is that I guess.

Hope nobody has lost more than they can afford, or at least does not plough more cash in that sits in the same essential category for them, should the bear thesis play out.