Member Info for Matthew125

A bit surprised that it is moving back down. I will have to have a think if this is an opportunity to buy more...

Indeed, always difficult to guess a bottom though. I am still waiting for the cash from the GNK sell to hit my account.... Once it does, I may buy more BCN at this level, although there seems to be a few firms looking on the cheap side at the moment!

I had a good look at JDW but they seems to currently be a bit too expensive, I only bought GNK because they looked cheap (and then got cheaper after I bought!). On my watch list though, I may wait a while before a buy another brewer!

I have no cash until GNK gets sold tomorrow.

Although, this feels like a falling knife! Where is the bottom? The income numbers look great and the div makes me feel that this could be a longer term hold for me. Am I missing something?

I'm agreeing with mrcautious here. Aim is a lottery and not for buy and hold investors. I do not like trading but should have rebalanced and taken something off the table in the 40s. Technically, I could still sell some here but my deep held bias in this firm is telling me that this a short term blip and we will not see sub 20 prices.

I just bought some more @130. Could go lower but looked at the numbers over the weekend and this is crazy cheap.

Yep, must be! Although it gave me a laugh!

I'm confused? This is the board for MKS and you say that you bought for 20p? Lets hope it is not £1 in 11 years! :P

Although like others I am a little disappointed with the price action and regret not taking some profits in the 40-50p range, I will see any drop into the 20s as an opportunity to top up.

"It is astonishing to read on this board how little understanding there is on the maschinations of the stock market. "

Bandit, you should get over to the SXX board for a review of how little understanding some investors have!

Dumb? Nobody is being dumb unless you want to try to blame anyone but yourself!

If the company fails then the CEO has clearly not done a good job but investment losses are on your own head! Management is a big factor in a companies success and a unproved one should be taken with more than a pinch of salt! CF is clearly a good sales man and made a compelling pitch, we all got sucked in. I am also sitting on a big lost here but as an investor with some experience now, I have to take the responsible for my choices and hopefully learn lessons to guide me in my future investments.

I suppose if there is a sudden turn around, everyone here will be singing CF praises and humming the theme song to The Great Escape! *face palm*

Having customers signed up sounds good but if you can't get the product out of the ground it really means nothing.

I agree with Cap.Stan, I think this mine will get finished, by someone, at some time, but what is harder to say is if it will be Sirius, someone else or some kind of partnership that will do it.

Buying shares at the moment is a total gamble and I am totally at a lost on if I should sell some on a rise, or buy more on a dip! Maybe I will decide by the end of the week!

Day traders. This hasn't found a bottom yet.

Unlikely, just read the posts on here. People averaging down when there is no clear plan. This has going from being high risk to dead man walking. If there is a bounce expect it to hit a wall of sellers!

If it hits 0 you will keep your share of nothing! With a buyout you may get some small something for the shares you have. Hope you enjoyed the speculative fun! :P We have all got burnt on this one! :(

With hindsight the project was too big for a start up company. I can't see what cost savings they be able to find in the review, as with a shaft so deep, how can you scale back the project?

I'll keep my eye on that one! :P If it gets bought out it may well become a private company so no opinion to buy it!

Interest ideas there. Maybe all is not lost

Made me laugh! :P

Yep, lesson learnt for me here! When they pulled the first bond issue it should have been a red flag. It did worry me but I didn't act. I could have banked a lost and sold down a bit, not completely out but lower my exposure. I haven't lost as much as some on here but it has still been my worst lost on an investment/trade to date. I got too drawn into the hype, always a bad move and hopefully one I can avoid from now on.