Member Info for Mandrill

Mid 40s by mid July. Bought on avg at 65p and Market always ensures I lose around 50% you see.

ok but why is the sp likely to turn round now, especailly given the cost and time to construct the pipeine?

Why is it a good time to top up - given this is a persistent downtrend?

I think people sell low to avoid further losses, especially with these small inscrutable high risk oilies.

BobC - at least that's a consistent characteristic. Wonder if we might just be seeing the bottom, but a) with such a small spread it's difficult to trust the buy/sell data and b) well, it never fails to disappoint

As I predicted it's now sub-63. Not quite sure about whether it'll breach 62. Always can expect a summer lull. Makes a difference when margin trading.

So we seem to have a good uptrend since early Dec 17. I think I might buy in again today. 100% guarantee the uptrend is therefore about to come to a dramatic end...

They always say that. However, I bought ECHO since they ARE actually producing...

Funny! Since it's heading for sub-63 now I think I'll wait...

Your automated order will expire before we hit 220

Hope so. I kind of re-bought these against my better judgement (idiot or what?). Can't see what will drive the business but then NT seems to believe in them and has a better track record than me (or any 'real' person). However, it'll be interesting to see in his next blog if he bought more or cleverly sold before the drop. My ability to buy stuff that suffer a catastrophic reversal defies probability so it must all be my fault.

Hopefully I've brought the discussion back on topic too.

Tempted to hit the buy button just to prove to myself that I can reverse today's uptick, like a quantum effect....

The steady downtrend looks bad. Should have guessed that something like a placing would happen - and any hiccups will then result in a further fund raise and so on...

A slight uptick today but we seem to be in a downtrend since the start of the year and looking to me like it could go sub-62...??

http://www.theregister.co.uk/2018/06/01/hostinguk_drops_offline_after_losing_farmer_vs_fibre_competition/

the floor will more likely be around 4p since I bought some and have 100% track record of losing heavily. Sorry everyone. :-(

It seems to me that the sp rises around payment date - a market conspiracy to ensure we pay top £ for the reinvested shares. It then falls back. So it's best to to switch auto reinvest off and buy them on a down day mid-term i.e. between divi dates. All IMHO of course.

..this is the right board re discussion on Lloyds,no? If so, grateful for views on whether to average down having bought around 65p...

Looks to me like the sp fell around the final div payment date which is to be expected but it's now bending up again. Can't really see any drama here. Contracts are fewer than a few years back but then the sp is proportionally lower.