Member Info for LWHL

Because it is a different game for the big boys. Whatever the official rules are.

I only got a partial fill on an already fairly small number of shares back at 359p the other day (I forget the specifics, but posted about it at the time). Can you imagine trying to buy that many as a retail individual and not spiking the price? Hey ho. GLA.

I remember that trade. I thought it was a short closing at the time. This is better.

Not going to chase it, but it will be interesting to see how the SP reacts throughout the day and on Friday.

Might add a few if we see a dip. The SP here pretty much always does exactly the opposite to what you expect :) GLA.

Nice...although a bit cheeky that the RNS was not published sooner :)

The share price is starting to look quite tempting to me now. Might put a buy order in and see if it hits....

Superdry could easily be one of those 'off piste' careless moves that I cited in my previous post.

Pure gamble and bought impulsively. While only a small amount (albeit near the top of that spike), I only traded it additionally once when it revisited the low 30's, dropping those in the high 30's, but sitting on my hands since then.

While I hope to make a profit on those high 40's ones, frankly it will serve me right if it goes Pete Tong.

But I planned to ride it to bid or no bid, and see no logical reason to take the loss right now. Even though the ratios are rubbish, because I do not see an offer that is going to be multiples of the current price, like some of the posters over there seem to. I see maybe a 50% gain, but easily a 60% loss, depending on the outcome. Gulp! GLA.

We all simply need to find what approach works best for us. The common ground is executing plans and being disciplined with them. That is still very much a work in progress for me! I am improving, but every now and again I do something ill-disciplined and 'off-piste', usually with entirely predictable results.

Part of the challenge and what makes this stock market stuff quite compelling, for those of us in the fairly fortunate position to be able to do this instead of a real job :)

Anyway, I have set another buy order for high 350's, in case I get lucky. Only a small one though. I do not want to have too many of these (if any) before the next update - although for reasons I cited previously (not least the Frasers angle) I am equally not going to be too troubled if I am still a holder at that point. GLA.

Now, sticking with a plan like that is a real skill. As long as you stock pick like Peter Lynch.

Every time I have set out to take that approach with a stock, I invariably end up watching profits evaporate. Sometimes compounding losses too. Especially AIM ones.

So, I now look to trade, and in some cases, retain a core holding in those which I hope will be long term holds for me. Does not offer certainty of course, but touch wood, in the couple of years or so that I have adopted this strategy, it seems to be proving more profitable than when I HODL'ed and took the 'time in the market' approach.

I have missed a few runners too, but have also avoided some wipe outs. But if I could stock pick like P Lynch, then I would happily abandon my current strategy :)

Perhaps, although I decided to trim a few on this run to the 120p region.

Spikes on thin air usually retrace, but if this one does not and keeps going, then all well and good.

That would only be a 25% drop. IMO this is a really poor update, when guidance was not exactly high to begin with.

I did a bottom-feed trade in this one shortly after the last disappointing update.

Did not expect to see it rally back to 2 quid from the 170's level recently (so missed the boat on that trade opportunity).

All things considered (not least my belief that we are not at the economic green shoots stage yet), I will probably take a few for another trade here if we see 120's.

I fully appreciate that this may be too steep a discount, but 130p plus is more than I am willing to pay anyway.

But for current holders, this might be back to bid territory soon, albeit not at a price that you may wish to see. Firmly back on my watch list now. GLA.

A similar thought crossed my mind too, although at least the hapless DL has bought a lot of shares repeatedly in that one. Unlike the CEO here, for example. Both barge-pole entities nevertheless, IMO.

Sorry Jed, but it has not only been falling for the last week or so - nearly 37% over the past 12 months and over 48% the last three years.

I do not refute the suggestion that games get played in the markets, but in this case, all things considered, I do not think so. It is a simple example of a market that does not have faith in the management IMO.

Hopefully the imminent results will change the sentiment. But, regardless, and as I said before, the dividend yield is going to be crucial too I think... GLA.

People said the same thing when the SP was 150p, down from 2 quid, then a quid, then 50p etc.

I think this outfit should have led to rewards for shareholders, but either by accident or design, it has proved a catastrophic investment.

Apart from a possible dead cat bounce or two, that is about the extent of potential gains to be had here now, IMO.

That we have not even seen one small bounce since the 50% daily drop speaks volumes as well, IMO. So it is an unattractive risk/reward play even then, to my mind, but good luck to those who feel differently.

Yes, but at what price? The shareholder value destruction here, for an outfit that actually has a product in the market, is like nothing I can ever remember seeing elsewhere.

They are still not fully funded to profitability, even after all this time and all of these raises.

I could see another loan, on highly unfavourable terms, to keep the lights on, essentially rendering this company a zombie operation (if it is not already so).

Then perhaps a cash offer for a number well below 3p at some point thereafter into the future, as a best case scenario.

Or maybe just handing over all the assets and IP etc when the loan repayment terms are not met, as the result of yet more delays or other excuses. Good old fashioned debt default and shareholder wipe out. Worse case scenario.

A more positive scenario, without an entire BOD clear out, I just cannot see happening.

Sorry not to be more positive. I gave this company, the current CEO and the wider Board, plenty of support and patience over several years, participating in several of the raises. Hey ho.

None I can think of, Shavedchimp, apart from waiting for a possible spike before it goes too much lower, so you can unload, in the fashion of the greater fool theory.

Trouble is, IMO a lot of people are waiting to do exactly that. I am, with the rump holding I have left here, for example.

theAccountant's strategy is one that often pays off for a quick turn after a substantial plunge in a (typically AIM) stock. It may do again for him in this name.

But IMO, this is a far more risky play, because the drop was not based on an otherwise reliable and reputable company providing a disappointing, and out of character, update.

It was by far the worst of many poor updates. Were shareholders 'simply' misled (bad enough) via for example, some data input error, or has fraudulent activity been committed? This really needs to be investigated as a matter of urgency, to my mind.

I think the BOD needs to update the market in much more detail about this. Regardless, as far as I am concerned, the buck still stops with the BOD here, to ensure the data they present to the market is accurate before release.

Presumably, they are going to sue this third party? Why nothing further since the last bomb shell RNS?

Why no inside buys still?

The more one revisits and reflects on the history here, the worse the whole thing looks IMO.

But it is what it is. That is AIM for you, sadly.

And maybe some of you will make money here. Good luck to you.

I bought back those that I sold last week. Will add more if we revisit the low 80's - which I think we will - if we fail to hold the 50 DMA.

Or if we bounce off that hard, we could retest the 200 just as quickly. Not looking any further ahead than that, for now. GLA.

Yep. It does not so much fail the sniff test, as positively reek, IMO.

I did not waste my time watching it. The best case scenario is the whole BOD are clearly commercially inept. The worst case scenario does not need outlining.

Still no inside buying speaks for itself too, as if it were not obvious long before now. GLA.

Certainly the gloss, and a degree of confidence, has come off this one. Understandable really.

Could be another good buying opportunity in the 8's again, but without funding news, I am not buying more here, myself.

I still think this is a right place, right time proposition, hence have not sold either.

But I am certainly not as bullish as I was a few months ago either, in truth. GLA.

Thanks. I will have a look, although to be honest, I am extremely wary of this space now. Not the mature miners, just the jam tomorrow, liers standing next to a hole in the ground types, as the saying goes.

Just had a glance over here for the first time in a little while. A few weeks anyway, I think.

Still no specifics or updates on the cost savings initiatives/cash runway length, all non-Disko asset sales, or indeed on Disko itself, by the looks of things.

GLA.

Indeed...and yet, still no RNS showing significant inside buys. Not even a trifling inside buy.

This one does not pass the sniff test IMO. And that is putting it both politely and diplomatically.