Member Info for MarketViking

Green energy and traditional commodities - this is where most of the funky action will be over the next decade, IMHO.

@jzchat
I prefer just to look at it in nice and simple percentage terms. If someone bought 10 grand worth of VLS at cost average 5p per share, and if it now recovers relatively rapidly to 8p (which is a very reasonable thesis, IMHO) then he or she is looking at 6 grand of profit! That would already be a tremendous result by any average measure. Sure, if it went even higher (as has happened before) then the party could get cranked up to a whole new level of sexy. But 60% is already a damn good result!

Yeah, I had a couple of things fall right off the damn cliff after Christmas! The most bitter one was a stock where I had almost taken 15% profits earlier - but I eventually ended up cutting losses at minus 50% :-0 Others positions took a beating but have bounced back and recovered. (Fortunately I wasn't in anything too deep, and my portfolio as a whole is still up by more than 10% from the beginning of the previous year.)
As for VLS....I have just been biding my time waiting to strike like a cobra! :-D I've been sitting on a tranche of shares from earlier, I stocked up during the -5p dip when Abramovtich dumped all of his UK assets to flee sanctions, and I've massively stocked up again today.
Let's hope for the best, eh ;-)

PS I also stocked up on Saietta recently after they dipped - that's another 'green stock' which could be very lucrative in the not-too-distant future, I think.

Well, I'm stocked, locked and loaded. I wonder what tomorrow will bring? :-P
I do see this recovering fairly quickly to at least 8p-ish

@convb
Yeah, there is huge potential here - I guess it'd be dicey for me to try to time the market.

@2phevs
Ah yes, I remember him :-)
Thing is, I am pretty bullish on SAF in the longterm. But if it really goes into an über-spike, the likelihood is it'll pull back pretty hard in the short-medium term. Last time, I could have bagged 25K plus of pure profit - then eventually bought right back in at near the original price! But, as I say, hindsight is always a great thing.
(I still made 11-12K profit last time - about 6K in money, the rest retained as shares. So it could be worse...)

(Last time around I held onto quite a few shares, which was possibly a mistake - although hindsight is always a wonderful thing.)

@convb
Where d'you reckon it'll peak? In the 8-9p range? (If it spikes right up even higher, I might just fill my boots!)

@SamuraiSales
Thanks - yeah it was a routine thing ;-)
Sitting in the waiting room was more exciting than usual that day, though!

(I remember that I had to take my father to a medical appointment; I kept checking my HL app, and I couldn't quite believe what was happening - pretty much within an hour!)

Yeah, I can see it going to back to 8p. Beyond that? Well, sometimes things can get a little crazy - as we saw before Christmas...

@HelloSanDiego
I guess ConVB is here to make money, same as everyone else? So if the stock is rising, he'd most likely be buying??

I sensed something was afoot several days ago (just saying! :-P)

Agreed - time will tell. About 70% of the VLS that I'm holding are shares retained as profit from the last big spike (I did stock up some more during the sub 5p dip.) As always, the higher the risk the higher the possible rewards - but I guess that's the game we play :-)
It still has strong political support here in the UK - which is the key factor, IMHO.

Yes, there are flood defences to be put in place there, I believe.

Past history shows, when this stock moves up it can move very fast! (Albeit that it has never yet sustained the rise, alas.) If anyone is playing the grab-a-quick-buckeroo game, maybe it's one to keep an eye on?

"Just when I thought I was out, they pull me back in " (Michael Corleone in Godfather part III)

Well, they haven't quite pulled me back to the table - but I'm kind of thinking about it. I still have a tranche at cost average 5.5p, so getting some more at current price might not be be a bad plan after all? Hmm...

(But then again, I don't want to push the boat out too far. I've taken a bit of a Covid inspired beating on Blue Bird Corp - more than 2 grand down at the present! If the US goes ahead with their plans to electrify their school bus fleet it should eventually do extremely well in the next few years. But big red figures are never a pretty sight :-0)

Interim mission report :-)
I happily started buying around the sub 5p dip last summer. It was always intended as a long term investment - and that's what it remains. The price tomorrow, or next week, or at 2.05pm on 3rd March next year isn't the thing. The price in 5-10 years time is what counts for me.
That said, I was in a wee bit deeper percentage-wise than I normally would be on one stock - and I got carried away buying some more at higher prices. But my final cost average is around 5.5p, so it's not disastrous. I've been in profit from start to finish - up to almost 200% at one point!
I'll be honest: I did sell enough shares to cover my original investment plus take a small profit - partly because I wanted a hunk of risk capital to try and shoot some lights out on a small cap gold mining company that I've been tipped may do very dwell in the near future. However I've still got a sizeable chunk of my VLS holding. They are now "shares got for free", so to say. I'm happy to let 'em ride up, down and sideways for the next 10 years. But for the time being there'll no further action on VLS from me - it's on ice as a long term hold.
(Oh, and for pity's sake stay strong if you bought big at the peak! Don't even listen to internet chatter saying yadda-this or yadda-that. Big investors own millions of shares in this company. These guys aren't Father Christmas dispensing goodies - they believe the company will make them a lot of money down the line. And it will - almost certainly. So be like them and think long term!)
Peace and best wishes to all. Signing out.

I dunno guys, are we about to see more hyper-volatility here?
I just get a sense (it is no more than that, of course) that this could be about to go really nuts again...

250,000 at 0.5p - nicely played, Y-Alam.
(But yeah, 5 million could have been a real gold strike.)