Member Info for marineclark

I expect the share price will rise in anticipation of the news within the next 4-8 weeks. The Technicals and fundamentals are good here. The price is in an uptrend, that is higher highs and higher lows. We are consolidating just now, but at a higher level than the last consoildation period. Consolidations do tend to last for a month or two, or even three. Yes I was slighly disappointed that last months rally didnt end up going higher as I thought it might, but the important thing is that the trend is still unchange i.e upward. Thats why I havent sold yet. That is still much upside left to play for. Lots of cash in the bank, so no risk of cash placing -see CHAR for what that can do the share price . i.e that dropped 30 percent in day. so thats not happening here. And PMG is earning from its gas interests so income albeit, a small amount, is increasing the cash balance over time. I have watched with some pain as some shares watch list go up 50 percent while I wait for PMG to deliver share price wise, but I am confident the next two months should just do that imo. I dont see much downside risk here, unless something happens in the wider markets, but as I know from a long history of trading, **** can happen. BUt as always DYOR.

Btw, PMG is looking good right now. You might want to diversify a little, i.e eggs in two baskets this time:) if one basket goes, than at least you have one left.

Lossie, the all eggs in one basket strategy with 100 percent of your equity may not be the end of your cash now, but if you intend to carry on trading, sooner or later you will lose it all, as you nearly did the first time. I know from firsthand experience a decade ago when I was a newbie trader that it will get you in the end. I made a large amount, than one 50 percent loss happened, and it was goodbye funds for a good number of years. But anyway, well done folks here. I was in here, but sold out a few months ago, as I saw better opportunities elsewhere. Can't complain, im up 340 percent atm. Hopefully this will pull back at some point so I can get in on the action.

Technicals looking good here. After a small pullback to 43.50, we are back to the previous high reached two weeks ago. A strong break through resistance of 48.50, will provide the momentum to take us to 80p and possible higher. I do like the small pullback over the last two weeks, its means that selling was weak, and buying/demand strong, and also the the quick rebound is a good sign. However, we havent broke resistance yet, so it may sit at this range for another week or two. Fundamentally, price is far below NAV. Almost perfect setup here, strong techincals and fundamentals. Best fundamentals are the the ones earning of course, but cant have everything. Only a matter of time I'd say. But DYOR of as always.

Looking at shareprice shortly after ST's tips, it doesnt aways go up the next day or shortly after. In fact, Parkmead's share price has gone down just as many times as its gone up after his tips. Technically, the price is in a uptrend, and having risen from 26p level to the 30's, the price was consolidating. It was only a matter of time that it would resume its uptrend. As there are no more sellers left to take profit from 26p, it was primed for the next leg up. This time, the price went up easily on ST's tip, and given the volumes which are unsually high, it does suggest there could be some instutional buying. As long as the price keeps going upwards I dont care where the buying is coming from.

International travel will resume on May 17th, 6 weeks. Now would be a good time to get in before that date because when flights resume the price won't be this low. I bought in yesterday, and a six week hold is an short and easy wait. This was 3 pounds before the covid. Technnically support is around this level. So downside is minimal chart wise. BUt DYOR as always.

I'm perfectly happy with my investment in here. I bought in at 122p and currently sitting on profit. I wish I had got in at 50p and then would have been sitting on a 4 bagger.
Aim shares are high risk. if you are feeling "stressed" or "losing confidence", that means you are trading with money you can't afford to lose. Critizing every "bad" decision is pointless. If you have bills to pay and need to sell by all means do so. But if can hold, than the next 4 months + with the farm out pending is going to be one hell of a ride. yes, AIM companies are not exactly brimming with cash and so fund raising is the norm.
Technically, uptrend is still intact. Should that change I will sell my holdings, but like I said perfectly happy with my holdings here. If I lose it, I lose it no worries. I've only invested here what i can afford to lose. Which means I can sleep at night.

Thanks Maq. Zak has been around for a long time and is a capable chartist.

you got the link Maq?

we were basing for two months, and signs of activity appearing last week, and now we are looking good for a strong push past resistance of 11.50p. 18p target sounds about right. I'll take my 9 bagger when that happens. Good luck all.

Two weeks of basing, and now it looks like we are done and ready for the next move. fingers crossed folks. btw, if you got not patience you might as well bet on the horses or something, at least you will know the result the same day.

who knows? What I do know is that we are in a pullback phase, which is normal, shares don't go up in a straight line. If we do manage break 100p and hold, then that sets up up nicely for a move to 180p+. I'm watching the pullback carefully though, as we dont wasnt to pull back to much otherwise we will be in reversal territory. I don't that will happen though. Don't forget this is a punt, but if you are going to punt, at least pick one that is going to make you lot of money if it does go upwards, and not a sure that sits doing for years. |This one is one those shares, that could either make you a lot or it goes to nil.

Traderchick, we did go into a shortlived bear market at the onset of the Covid, but that is all past now, and the bull market is still going strong. I've been hoping for another bear market for years now so I can short, but waited so long that I almost missed out on the ever rising share prices. While QE is still in play, I would keep buying shares, not to hold for years but at least for a few months. My portfolio is doing well, and I'm up 50 percent here in OBC. Technically, we are stil in a uptrend here, and while we didnt break 100p resistance this time, hopefully the pullback going on now, will be the provide enough momentum to sling is cleanly through, and on to new highs. I'm in for months so dont care that much after these pullbacks. The are the natural part of how shares move.

This was range bound for almost three months, but in the last week I see indication of wakefulness. This could be a good place to enter if you haven't already. I'm still sitting on 400 percent profit here but I'm looking for that ten bagger. DYOR as always.

You got the link Spartac?

Wasnt able to break and hold the resistance level of 100p or thereabouts, and pulling back now . I could have day traded for some profit, but couldnt be bothered. Uptrend is still intact, lets see how this performs in the a few weeks time.

Im not seeing it Pl, it still early days, but we do seem to be holding at this level, which is a good sign. After the big rise, there always has to be some pullback or consolidation before the next leg up. There isnt an immediate pullback as is sometimes the case, but looking promising I would say. Still too early to tell, but consolisations are usually restbites before continuation of the trend, which is currently upward.

Nice to see this share break 150p and as a result now hitting 250p . I'm nicely at 100 percent profit. Well done to those who held on when this was back in the 100's.

Its funny you post this link because I remember looking at this a few months and was seriously considering buying OBC when it was 20p. But as a matter of fact, its not always good to buy in too early, but at the right time. Getting in too early and you could be waiting decades for some profit. The last few months have seen significant interest and volume compared to the months before December. Now is simply the right time to be investing in this share. However, you don't want to be buying in at the top of rallies, otherwise you could be seeing a big loss in no time. As I had posted, I think this move is a third wave and so has more upside to go in this leg. Doesnt mean that will happen in one day or two though. We do seem to be holding here for the time being. There was some intraday dip to the 90p, but that lasted for only a moment. So far so good. It we can hold at this level, then looking good for the next target. DYOR. And happy punting, because this one is definately a punt.

Its best to take the emotion out of trading. Having said, I blow my load most days, 20 percent or not.