Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I don't get the impression CP is an outright liar as such... he does seem to get carried away by (unfounded) self-confidence, but I think he genuinely believes his own bull5hit and is ironically quite sincere with his arguably delusional stated intentions.
Heading for 'Capitulation' ?
http://www.ma5k.com/trading/charts/BubbleStages.jpg
Jeeeez, over 100 posts on a delisted share (on a weekend at that)?
No amount of churning over the same old same old will bring it back!
If it does by some chance relist in the future then happy days all round, but in the meantime surely the time wasted on here is worse than any amount of money lost?
We only get one life - is this really where you want to spend it?
No offence intended & GLA regardless
Starting to look pretty "normal"...
http://www.ma5k.com/trading/charts/BubbleStages.jpg
The idea that there are a bunch of malign champagne-sipping, cigar-smoking deviants watching shares closely and conspiring to undermine PIs is ludicrous... The function of Market Making is almost entirely automated and while the computer algorithms are no doubt optimised to ensure profitability (they are a business after all), they nevertheless simply respond to market movements in order to maintain liquidity. Techniques such as widening or narrowing the spread are programmed to temporarily stimulate or subdue trading and the 'misreporting' of buys & sells is a consequence of, not the purpose for, this. They have no interest in whether the SP rises or falls so long as a healthy (liquid) market is maintained. They are heavily regulated and, while malpractice certainly exists in all areas of life, have well-established lucrative businesses which rely on proven integrity for success. In short, they're benign.
Besides no-one needs to conspire to part fools from their money - they are perfectly capable of doing that for themselves!
Bar a little volatility and the occasional brief spike on the way down, the SP has been in decline for over 18 months now and there is nothing to suggest a reversal. If it continues along this consistent trajectory then sub 5p before the end of the year surely can't be dismissed?
IMHO, DYOR, GLA etc etc
test
Perhaps they're waiting for Railsbank to write the sixth line of code?!
After consistently exceptional news & dependable progress over such a long period of time, it's very difficult to see what might trigger a sustainable rise here now.
Nowt so strange as financial markets
CP has been cut a LOT of slack & given the benefit of the doubt time & time again.
Nobody wants to admit to themselves that they might have been taken for a ride.
If he continues to fail to deliver on his endless empty promises then it is only right that shareholders (in what is now an unregulated delisted company) join forces and apply some pressure.
To date he has shown nothing but contempt for those who have risked their hard-earned to back him.
Pdub >> "As far as I know nobody ANYWHERE predicted the second drop from March to today's level."
Posted 16th March...
http://www.ma5k.com/trading/charts/BMN_19-03-16.jpg
>> "mask, why, if you are so good at colouring in / join the dots, were you not predicting this yesterday?"
That 'bubble' chart was first posted here on15th Feb dubmaskullanga...
http://www.ma5k.com/trading/charts/BMN_Bubble.jpg
A healthy market rises and falls regardless of fundamentals. Those invested frequently assume that the highs are 'normal' and any fall is false but it is more often the case that rapid growth in a SP is caused by short term over-enthusiasm (often creating a 'bubble' trading pattern) and the subsequent fall is simply an inevitable market correction.
http://www.ma5k.com/trading/charts/BMN_Bubble.jpg