Member Info for Mando_

Polymetal is also seeing a number of buy orders since the US CPI came out today at 13:30

@Candid, what do you mean? Within 1 minute there was a trade of over 1m shares where the price pushed up significantly.
It took another 40 minutes to cover 1m units, and all those trades were at a lower value, suggesting there's likely a holder/holders today at a price between 94.88 and 98p

Another 1m share order jut put in at 11:58 today. The price also spiked in the minute charts at the same time from 94.88 to 98.04p.
Clearly someone is very confident in this share.

Just saw this spike on Trading view on the minute charts. A great sign yes ??!!
Volume 500k. Price spiked 92.50 to 94.64

I think a shortage of beer supply is just a likely sign of recovery, with unexpected higher beer demand outstripping previously forecasted beer supplies and reserves. I went to the Palace Spurs game at the weekend and the pubs and the grounds were rammed with everyone enjoying themselves and drinking beer. I especially enjoyed the 3-0 win

BA
https://trends.google.com/trends/explore?date=2019-01-01%202021-09-10&q=british%20airways
EasyJet
https://trends.google.com/trends/explore?date=2019-01-01%202021-09-10&q=easyjet

https://www.reuters.com/business/energy/global-gas-prices-soar-industry-struggles-meet-resurgent-demand-kemp-2021-09-09/

My humble advice is to try to not be too disheartened yet. There was a massive sell off from yesterday on many shares. My personal feeling is that the nonfarm US jobs report on Friday coming in so low was a shock to the markets. Then the US had Monday off and digested. Then yesterday the UK talked about tax increases to support the NHS considering the shock to the system from Covid and to support catching up on treating other health issues which have been put on hold. So around 3pm uk time yesterday I think some majors pulled out capital from the markets to buy a potential dip later. Then everything decline, FTSE stocks, S&P500, global materials, crypto, with Crypto seeing the biggest negative impact. The ECB meets this week an next week there is the US CPI data. This combines to drive a load of fear, uncertainty and doubt in the markets.

To put into context where I'm coming from, when I look at POLY right now, it is the only stock green today in my portfolio. I'm still negative -0.53% on the stock overall as I bought more yesterday. I have 17.3% of my portfolio invested in the stock, and I expect to make a net loss after tomorrow's dividend day.

But last September, the POLY share price was around 2000p when they paid a dividend of around 40c compared to todays SP of 1443p with a dividend tomorrow of 45c. If you look at the last four ex-dividend day rounds, the following week or in the following weeks the share price recovered significantly. Clearly the past doesn't reflect future actions, and there is a lot of fear in the markets, but there are others invested in the same shares as you, many holding through this time of fear. I'm just day trader at home, and I'm out of capital now, fully invested, hoping, praying, gambling on a rebound at some point, which may be today, maybe tomorrow, maybe next week or next year, but I personally have belief it will recover and we are close to a bottom dip now based on previous chart lows post the appearance of covid. Gold and silver today looks relatively stable so far which I also see as positive news. Just my personal thoughts for what it's worth.

I'm not an accredited trader so this is definitely not financial advice.
Good luck all

Yep, gold running!

I'm looking at the same thing. Not enough investor confidence right now following the dividend payment. I for one am in that boat, already over-invested from averaging down and currently about breakeven including the paid dividend. But I'm still bullish on the next week's value after this US jobs report is out of the way and I believe basically all materials are in short supply currently.

Just noticed no short positions now.

"Open Short Positions in Centamin PLC
There are currently no open short positions in Centamin PLC."

@goldgnome - fair enough my friend, I don't disagree

Hi, Anyone else seeing this? I see this on TradingView, with a big order spike and green price candle wick. Any ideas anyone? Thoughts on what it means?

I think everything is a bit flat today awaiting the US jobs report due tomorrow. US GDP figures just had a miss so I expect possibly some return to safety investments and gold. Just my opinion.

I also take some comfort in the fact Peter Cruddas and other CMC directors just lost a hell of a lot more than me.
Fingers crossed for a strong rebound
GLA

yes luckily he did ignore me. It was a conversation as his broker had recommended HL. and I looked at HL. and CMCX (slightly different beasts obviously) and I commented on paper currently CMC also looked very good in comparison based on PE and Dividend Yield. He just went with his broker advise on buying into HL, and I chucked in 1% on HL and CMC.
We've previously seen CMC resistance around £3 in 2020 so I'm ok with a long hold on this one and if it holds income around £250m I'd be surprised if the SP drops much further in the long run (not ruling it out).

Well I just had a 2 week holiday and my personal trading volumes definitely reduced since they previously reported in July.

I think private investor Fear, Uncertainty and Doubt over the markets has probably impacted CMC volumes over the last month.

If there is a market correction, I see this as likely good news for CMC as traders will reduce their cash holdings and increase trading at the new market lower pricing

I know your pain LuckyPin. I bought in again only last week also. I even recommended the share to my dad last week which is embarrassing.
I only had 1% of my portfolio in CMC prior to today's drop, but even with the revised forecast of £250-£280m operating income, I see this new price as a good buy so I doubled up at 308p to average my price down.
Fingers crossed and GLA

Gold and Silver just pumped after a minor US jobs report (not the Friday report) just came out below expectation. S&P/FTSE slight drop with CEY relatively stable surprisingly.
I think my plan is to hold through tomorrow now if gold and silver remain bullish.
I'm overweight on CEY currently, holding 13.3% of my portfolio in CEY at 98.51p avg currently

I'm not so sure about the negativity today on this message board on CEY.

As I write:
CEY +0.72%
POLY -0.27%
BHP -0.18%
RIO -0.13%
AAL -0.41%

Much of the mining industry is down today, likely off the back of the ECB increasing talk of tapering and some negative data on china growth.

Gold is currently +0.22% and CEY (now) +0.84%, so CEY is outpacing the gold price...