Member Info for marc001

I think this guy actually believes people will copy him and this give him a better price entry on the next trade. Might have worked a little when there was less attention on it, but now, lol - he’s out of his mind.

Nice fakeout to the downside IMO, very limited time for those that capitulated at the lows to buy back as fully expected. 'Price action is bearish, I'll sell here and buy back lower' - yeah right, course you will. As usual, the fearful and emotional are punished.

EDIT: 'and the 50 day looks ready to cross **above** the 200'

You can go ahead and add these two to you're list for what could possibly be holding the SP back:

6. Large traders looking to get a better re-buy in
7. Weak handed sellers who don't have enough conviction to hold and / or expect 'UP ONLY' and gains at all times.

Oh, and for anyone that believes the current SP action is bearish, we are above the 200 day MA and the 50 day looks ready to cross the 200 if the SP recovers from here (11/11.5p). It's known as a 'Golden Cross' and the few occasions it's occurred in the past we have witnessed a significant SP rise. DYOR and this is just my opinion only, this is not investment advice.

Shakeouts are only over once the market believes it’s no longer a shakeout.

No idea where the bottom will be on this one, I guess it depends how long it takes to shake the remaining weak hands. I continue to hold from a current 13p average and quite happy to hold as far down as they want to push it, as we continue to diverge from the fundamental value of this share.

Actually sorry all, doesn’t appear to be updated after all. Someone mentioned this on Twitter this morning that they thought it had been, but on closer inspection no - false alarm sorry!

Probably nothing…

https://www.bushveldenergy.com/

To all the Grumpy shareholders out there, if you don’t like the performance of BMN you know what to do. Meanwhile, this is all noise to me. The long term future is bright for BMN IMO, but if you are looking for fast money, your going to be disappointed here. Unless your a savvy trader markets punish the short term investors and reward the long term ones.

Also, to the moaning lot of here - if you don’t like it sell up and let’s get it over with. You love to moan on, stop wasting time if you don’t believe in the company and simply move on.

There you go De-Rampers, you can take the afternoon off now and enjoy the sun outside of your sweaty boiler rooms - I’ve done your job for you. I know, I know I know - your most welcome (and no I don’t want to do it for a living thank you).

If as Pdub says they had the option of shares and with an elevated V price, seems like shares would be the better option than cash. If the SP does continue to appreciate over the time one would rather have shares than cash in a high inflation environment where cash buying power depreciates. Or am i
missing something?

Classic sign is loads of waffle with a subtle negative spin, just enough to cast doubt, but not so much so you might think ‘oh that’s a genuine concerned investors’.

Ha - busted!

Ha, I posted and then we dipped lower almost off the back. It's as if 'they' watch the BB's - of course they do it's all sentiment driven, lol!! They can push it down to 9p again for all I care, fundamentals have never been better and even Largo's up circa 50% this month versus BMN up circa 30% - totally out of kilter! MM's do your worst here please, look forward to buying more soon if it goes lower!

IMO a shakeout - technically was / is showing a bull flag, but I'm not an expert chartist so not sure what the invalidation level is on the flag. Any chartists feel free to pipe up and inform me what the bull flag support level is here.

Reality of any market and SP is that it rarely matches market participant expectations. We do not always get what we want and or expect, when we want or expect it and that's why investing and trading is often quite stressful. Better to focus on the fundamentals right now, which appear to be very solid so long as V prices sustain at current levels or higher. It's all supply and demand though and it's my opinion that we are in an accumulation range, at a price range where large player/s can safely accumulate without contending too much with demand from retail investors and traders (important due to how illiquid AIM can be). From a chart perspective a bull flag showing, and it hasn't yet broken through the lower range of the flag (which would suggest a failed bull flag). So we will either range for longer until any potential accumulation is complete, or breakdown from here, but it's fair to say I care not as I'm here for the long term in this one regardless of either outcome.

https://www.washingtonpost.com/business/energy/steel-is-the-other-big-commodity-shock-from-the-war-in-ukraine/2022/03/22/b2cf3508-a9b2-11ec-8a8e-9c6e9fc7a0de_story.html

Shakeout was probably needed to get rid of those looking for a short term quick profit. I imagine it will continue in this ‘consolidation’ until the inpatient have sold up to the smart money. Short term traders / gamblers who bought in 13 - 15.2 will have their patience tested here IMO.

Alfredh believes the SP has something to do with company performance - lmao! Are you new to AIM Alfredh? Sentiment and large traders - that’s what moves the SP. sure, positive RNS’s and general news help build momentum, but big money traders / investors can indeed manipulate. Take the recent drop and tight trading range - all based on company performance… hmm, maybe not eh…

Yep, seems like a good deal at current SP - I've got a decent bag

pb940 - I like you're line of thinking, what advantages would it bring to the company themselves to be moved off AIM? Genuine question, I have no idea what a main market listing advantage bring really. Potentially to encourage institutional money perhaps, I would imagine some institutions have a policy of not investing in AIM due to often poor liquidity, etc, etc.

Vanadium mentioned: https://www.investorschronicle.co.uk/news/2022/03/16/the-other-commodities-hit-by-the-war/