Member Info for mogo

When at the peak of about 600p,that was +80 over the 50DMA compared to +40 between the 50DMA and 200DMA which from articles is unstable,now it is well within the 50DMA/200DMA interval which is better.It might need to get under the 50DMA now at 491p before any possible new uptick..?

recovering maybe from a 566p on Friday ?

JT-my late Dec. switch into LRL in the VPF might pay off soon -they appear to be getting gas strikes ? (of course CNE might move in now, lol ?)

yes I quickly sold RRR for a small profit,my first ever there lol.

Again thanks to JT for his efforts without which this wouldn't be.Sorry JT is 4th see that Jib is recovering.Not over -more than half to go yet.Generally the FTSE100 looks as if it can only go downwards,maybe by a huge amount thbe next few months.I hope your R/L investments are safe.Over on Market Oracle -the site not to be read on a ledge on the 100th floor-an article about this deliberate creation of bubbles without a thought for those without the skills or insider information to ride these out.A quote from there-"market irrationality can persist much longer than your finances"...in fact none of our VPF's so far are near as bad as they were in the first comp.where yours truly lost over half of my virtual money lol. Long may that remain so.Yes -virtual money is the safest lol.

here a small recovery maybe ?

in Canada KGI gave +5.69% yesterday,of course their markets will be open this afternoon,and maybe in the UK Monday bank hol. so two days trading in Canada to watch there...the present TSX KGI price is C$ 4.46, which is 285.3p a little behind here so perhaps this might move more in Canada later ?

Yes was indeed given buy 300p sell 280p at broker was tempted, the SP 290p and the rise less than the spread so far.Would need at least 10% for a quick trade target about 320p.Prob. missing a trick here but prefer narrower spreads for a better chance,mining is only just from the doldrums no doubt better chances will come if that is the case.Early days it seems ? GL to anyone in here,you're doing well !

yes it should,try looking at KGI too...

A pity the spread is now 7% and not being AIM you pay stamp duty too.However this should still head for at least a target of around 400p in a few months.GL.DYOR.

big drop in Japan

A fairly small drop on poor news from the Fed about maybe stopping QE.A very gog drop in Japan over 7% that's big so maybe this will go further ? I don't mind holding GPOR long term so won't sell at the moment.Though it will probably drop more ?

Why I decided to sell AFF - 1. I had a small slice of AFF shares but due to a lower average quite a good gain-I decided to get into cash due to having a less conditional other share to go into instead in which hopefully I will make more money.By less conditional I mean not reliant on votes or what happens in two years. 2. even if the AFF board support this-I didn't know that as my media player was down,note you get 80p yes-I sold at about 78.5p little different but also "IMIC decide whether your loan notes are paid or become IMIC shares" I don't want IMIC shares and I think you'll get those.Who knows what things will be like in two years ,its a facr down card play. 3. about buying back at say 75p to get another gain-that depends on getting a 75% vote and I feel the vote might go down given POSCO and broker talk about much higher value. -Anyway I make my own mistakes as always.You decide your actions too.

as an ex holder now,perhaps I can say I still think the main AFF holders and the board from their semi hostile wording in many RNS and with encouragement from the brokers will want to reject this latest IMIC offer.IMIC had to raise the stakes as they knew it wasn't good enough.There will be heavy dilution of IMIC too.I can't see AFF recommending this,and in this weak mining market with majors worried about finance,only the Chinese can eventually bring this forth.The Big Tent Plan WILL happen but after many years and at their right price so no time limits it might take many years they are in no hurry till that.They'll go to the cheaper options first maybe elsewhere ? Yes I know I've lost potentially quite a bit by selling but my average was lower so I got quite a fair profit,meanwhile can use the money elsewhere in a good market before it collapses as it will not long ahead.The danger then is AFF might be dragged down for a time by that..GL.

one

is probably one of the earliest of a future gold mining companies boom,there will be other more rocky ones but this is first because there aren't as many problems here..I won't be in here for a bit as I'm hopefully doing well elsewhere but that will slump soon then I'll be in here..I was in this 2 years ago before it collapsed unfairly getting pulled down by poorer shares GL.

is IMIC low enough for a contrarian entry ?

thanks willl look at WAFM next..GL

wasn't thinking about selling this till the final decision when I saw a fair profit which I needed to beef up my finances for other things.I've had previous loan notes you get nice interest I got 6% then.Though it might get taxed outside an ISA ? I just feel the AFF major shareholders plus their board are bouyed up by the cash pile and brokers estimates. Anyway all those here are still in a good company worth a lot.GL.

This hopefully looks a temporary dip in a rising chart so in now here,seems a bit quiet lol..GL/ DYOR.