Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
There is always a reason why a share price is going up or down, it's silly to say there is no reason, sometimes it's simply base on the basic rule of supply and demand, other times it's because the market decides its under or over valued, could be pre/post results, and of course leaks and speculation......SO, there is always a reason.
For the average pi with very little knowledge other than what the company report or a bit of research there are the choices of buy sell or just stay on the fence......personally to have the taste of both worlds my strategy is to take profit when the price is jumps so sharp in such a short time with no particular reason known to me.....as such I sold few today for what it was for me a decent rise,
Going without say as a LTH here with strong faith in the BIRD technology I left plenty for later.....
GLA for whatever you do.
Companies never make any comments when a share price taking a constant and big drops, so why should the do it when it's rising????....
Having said that, it's not unusual to get RNS from a company in the line of "we are not aware of any reason for the recent jump"
Let's hope it's not the case here.
More than 50% rise since yesterday was enough for me to take a wee bit off the table.....Next target not less than 20p whenever it reached.
Could be even later this week,if no speeding ticket given......:)
Offerd 13.68p to sell.....
No speeding ticket RNS....yet.
Interesting day ahead speculaters versus profit traders....
Personally I think a bout of both.
Yes it is a great day,...and judging by the amount of posts here today which you normally not see in a full month we certainly cought the herd eyes.....
As expected some will bank profit which is more than just fair enough and why not......HOWEVER this "dog" as some describe it has more legs to go in the near term, IMHO.
Dog????.....try again, lol.
75% rise so far this month and still rising.....
Hopefully some positive news to support and justify even further recovery.
LTH holders here (myself included) have been through much tougher times,.... opportunities to average down were and still there if you can stomach the risk .....the next 12 months or so will give us indication if it was worth the wait, certainly not the time to give it up yet.....IMHO.
Not you are definitely not......:)
Finish at a day high is a good sign for next week and hopefully beyond ,maybe the market finally see the potential we have been waiting for so long, especially after the recent CEO purchase of a decent bundle.
Have a good weekend guys.
Expecting little retrace today with the usual traders banking profit for the weekend beer money......
Normal business resume next week with further rise.....IMHO.
Have a good weekend guys.
Called it what you want,.....the reaction to today news is NOT about today neither not about tomorrow or next week/month etc....it's all about the longer term.....just one BIG step in the right direction, yet again in my book it was always that case.....opportunities to trade was always there in the past,and will always be in the future, BUT the big pay day is just get a little bit closer.....IMHO
GLA SOLGers.
Bannor hey,
Thanks for the technical explanation mate which I was aware of just didn't bother to include in my posting.....so again thanks for your effort.
Most important is the fact our shares are in demand again as the current MC is still way undervalued.....onwards and upwards.
ATB.
Negative start which somewhat was not a surprise after yesterday big jump....but I am fully expecting to turn blue as the day progresses, and of course finish positive although not as much as yesterday.....a little consolidation will do no harm at all and will support further sustain rise in the near term.....IMHO.
GLA.