Member Info for ma5k

No one can advise you but I would have thought that if you've got a couple of weeks before you need to withdraw the funds then there is likely to at least be a spike on release of the updated NAV? ...should the SP retrace further before that time I would consider it likely to at least reach this level, albeit briefly. Definitely a risk but perhaps worth considering before selling at a loss.

Personally I think wizard has been given undue flack. It should be remembered that during the sustained period when he was trying to share a 'contrary interpretation of likely events' he was extremely outnumbered and was inevitably forced into the position of having to be what could be considered 'tactless' in order to simply make himself heard. To date he has called this correctly and it seems disingenuous to not give him credit for that.

Despite Wizard's views, I remain optimistic that the NAV, even with high expectations & a very conservative BOD, will pleasantly surprise. I am nevertheless realistic enough to say "I'll believe it when I see it" with regards to any corresponding rise in the SP beyond a brief spike.

Best of luck to all regardless

I'm perhaps 'clever enough' to recognise that you do not like anyone who does not adhere to your own narrative and for some reason mistakenly seem to see that as some sort of threat.

It is a sad indictment that you attempt to discredit someone because they do not share your world view.

Each to their own so long as it's the only 'acceptable' way?

I have stated clearly that I am not a shorter, although unlike you I do not have a moral issue with it as I believe the vast majority of those who 'play the market' long do so for personal financial gain and not for the benefit of the companies involved.

"but if the share price drops that creates the trap ?"

Although a bull trap is preceded by a fall it is not the fall that creates the trap. The trap is created by the premature expectation of a reversal in an established trend.

In stark contrast to some LTHs who openly encourage people to buy or hold, I have *never* suggested anyone buys or sells anything clarkgriswold

One thing I have noticed however is that holders are often hostile to a view they do not share and all too easily resort to personal abuse... Investors, traders and, yes, even shorters all have a right to an opinion and should be free to express it on these boards without being bullied.

It is my firm belief that we can all learn from each other which is mutually beneficial.

Each to their own

On the contrary it is most definitely not in my interest to 'talk this down'...it makes no difference whatsoever if I trade from 35p to 40p or 3.5p to 4p, the extent of the bull trap will be limited and potential for profit 'capped' regardless.

I report things as I find them. I have found this to be worthwhile as occasionally someone (such as Daisan here) provides helpful observations that enable me to hone my craft. It is essential for me to accurately identify what is *actually* happening (rather than what I think *should* happen or what *I'd like* to see happen) in order to trade successfully.

When I'm bored of studying data I also like to occasionally engage in idle chit-chat!

:-)

atb

I'm a technical trader who has identified a likely future 'bull trap'... risky play I know, but a guy's got to make a living.

atb

#NoImNotShortingNorHaveIEverDoneSoHereOrElseWhere

#HavingSaidThatIDontSeeAnythingWrongIfThatIsHowSomeoneChoosesToPlayTheMarket

#EachToTheirOwn

Nice one!
:-)

The truth Pigpen is that greed causes financial markets (especially AIM) to overheat.
A subsequent 'market correction' (cooling off) is inevitable

People buy, people sell. No mystery, no conspiracy, no corruption, no problem.

If you believe otherwise then you must have been fed a very unreliable version of 'the truth'.

#RealityCheck

On this issue you are clearly delusional Alfa.

Why do people have to find someone to blame when things don't go their way?

Market Makers
Brokers
AIM
Shorters
etc
etc
etc

The list is endless but never seems to include 'myself'.

IMHO

#ItsCalledRealityPigpen

I have seen nothing to suggest share price manipulation and the trading data indicates that there are multiple independent sellers... if you believe you have evidence of something akin to orchestration amiejojo then it is probably best to report it to the FCA for investigation.

#AsExpected
#NothingToReport
#UnfoundedConspiracyTheories
#BusinessAsUsual

Chartist2
"And where is Mai5k today?
Maik, how do you like the ongoing (small) bullish reversal so far?"

Any intra-day uplift appears to simply be (expected) volatility within the confines of the established downtrend and I am unable to identify any sign of a reversal at this stage.

The usual 'Sell on news' is sadly preventing any meaningful rise here... while we're clearly in a much better position SP wise than a short while ago, there has been nothing but exceptional news over many many months here and it is difficult to see how new long-term investors will be attracted.

NAV update imminent, but I won't hold my breath for a meaningful/sustained rise in SP any time soon.

GLA

Including yourself Madpunter?!

Ophidian "If you have already sold whether through fear or lack of faith, then you have already made a loss. I seriously suggest you examine your attitude to risk before buying shares Research the company thoroughly and then decide what to do, no one can tell you how to invest it has to be your decision."

Your condescending tone implies you think him foolish.

He can now re-buy his shares for less or acquire more for the same money.
If the price returns to the point at which he sold then he will have profited from the fall.
The further the price falls the more he will profit from cutting his losses when he did.
If he stays out and it does not recover then he will have minimised his loss.

Obviously making the right decisions at the right time is key to success which is where I believe a thorough understanding of technical analysis to be invaluable if someone chooses to trade the market in this way.

Each to their own

"posts should not be construed as advice"

http://www.lse.co.uk/chat-rules.asp

#InMyHumbleOpinion
#NoAdvice
#Disclaimer
#Disclaimer
#Disclaimer
etc

Agreed, time frames are key Chartist2... it was not clear that you were simply trading intra-day volatility and I had the mistaken impression you were swing trading over days/weeks.

I have checked with admin and it is fine to post charts in these forums.

All is opinion on these boards and no advice given or intended.

My belief regarding the disparity between intrinsic and perceived value (SP) holds true regardless of the fundamentals, but I nevertheless fully respect your own assessment Daisan and sincerely wish you all the best! :-)