Member Info for Mr.Flibbles

Bangrak, ouch! that silly 10p idea was shellguy no me :O)

Unless you mean 10p upside to 27p to the trendline drawn on my chart?

The technicals look very good for aby upside as the MACDs are finally in green, the RSI is behind us and we are above a key trend line:

https://www.tradingview.com/x/VO2d4j4h/

Forum activity has increased and the move upwards will be violent and unpredictable.

(And Banksman while my BMW 3i is not as nice as the more expensive Tesla, its great, I don't need to travel far day to day and the wife has a bigger petrol car for UK holidays)

While I understand the appeal of attempting to time the market for some investors, it's worth acknowledging that it can be challenging for the majority of investors. Many of us here in this forum have found success through the proven strategy of pound cost averaging, which involves consistently adding to our investments over time.

For instance, I personally contribute £2000 a week to my investment here, which have grown substantially using this approach in the past in any stock I buy. I've been involved in the markets since my early 20s, and at 53 years old, I've found that a steady and consistent approach has been more reliable for me and is proven to work.

Of course, everyone's financial situation and goals are unique, so it's essential to choose a strategy that aligns with your individual circumstances. Timing the market may work for some, but it's not the only path to success.

Added another batch of PINT and reduced some 3IN profits to fund this lagging infrastructure trust that should tern at some point when rates go down. Dividend at 5.39% while we wait, but a IRR that must be pushing 12-15% at these prices on a par with 3IN if not greater in the short run.

The weekly chart looks fine. Even though other technical indicators might signal a "sell," waiting for them to indicate a "buy" often results in being late to react:

https://www.tradingview.com/x/561Bjnpj/

On positive momentum, the price might go up to 51% towards the highest trend line before possibly breaking out. The recent Relative Strength Index (RSI) hit its lowest point last week.

The lower price level is a bit safeguarded by the money generated from production and the warrants, which will support our expansion next year. Worldwide oil demand is increasing. I've also taken steps like installing solar panels and purchasing an electric car to balance out my investments in AXL and WENS and anticipate higher prices in O&G.

Knowing a short position is pointless without knowing the "why". It is not that simple. The more you learn, you may even shell out £20,000 a year on the Bloomberg Terminal to give you up-to-date shorts but the more learn the more you realise its no good without knowing the why.

Updated chart and I have conveniently added a new trendline:

https://www.tradingview.com/x/bh3Rd9EU/

50% upside to the top trendline.

(sometimes this all bs, but 51% of the time it ain't so any edge be it 1% is visible to all).

Bangrak and EvenL are absolutely correct. A professional when selling will ensure selling for the highest price over the period to avoid becoming a distressed seller. It is hard to believe there are distressed sellers other than PIs. The low volume indicates what's driving the fear is actually on low volume driven by increased chat on private discussion groups, Twitter and forums. I believe the results are out next Wednesday for the period ending June 23rd?

The guy is too young to be selling here:

https://www.linkedin.com/in/mark-higgins-7615b633/

What gives?

Trifle - Warrants being part-funded by share sales is a large assumption. The fear of Warrants may have driven this lower perpetuated by traders on forums as an example. There has been no holding RNS and the volume is too low.

Do we have any oil experts here for timings? I am more a top-down investor. I was going to say drill results should not impact materially on share price from here, however, in this instance, it will add to the reserves of the reserves update that will be the single biggest driver of short-term returns.

Apologies that should read "observed on Friday" not "Fridays ".

As mentioned earlier, there's a common pattern observed on Fridays regarding breaking to the downside of a trend (its happened to AXL before if you view the chart). Some individuals who hold long positions often decide to take a short position around the same time. This practice isn't openly discussed in online forums because these traders prefer to keep this strategy secret by lurking in forums and private chat groups. I personally don't engage in this practice; instead, I rely on technical analysis to buy into long-term trends when there's a dip in the market. However, it's important for everyone to understand the lengths to which people will go for a perceived advantage(edge) or protection (hedge). If you're new to investing and decide to sell, these traders profit from the situation. They base their decisions on technical analysis, which gives them a slightly better than even chance of success (around 51% maybe) since they're aware that there's usually no significant news, especially on Fridays. Today's announcement from AXL doesn't seem to have a major impact, at least not yet. I expect any short to be closed by the end of the day.

The share price ended a fraction under the trend line on Friday. However, with material news, this is ideal with 45%/26p upside to the top trend, and a breakout to a re-rating level could have us pushing much more than the 26p indicated. So much growth upside and debt free. There is no other company on AIM with such high-quality growth.

Louis10, I have learnt my lesson from this. As a top-down investor, I don't want to have to do the bottom-up research but have spent considerable hours doing this. The bar smaller resource companies have to jump is high. The macro risk-free rate environment would right now favour the debt of these companies over owning the equity.

Louis10 do you think this could be a turn-around story? Any investor here could be correct depending on the time scale measured. I was hoping to pound cost average a bottom here but the increasing dividend without the BOD knowing what happens to an expositional curve when a peak is hit was rookie error that you failed to communicate to the forum as to the reason why. While I knew this would happen, I stupidly trusted the BOD as the experts because I do this as an experienced hobby. The only direct smaller oil company I have conviction in is AXL.

Very little change in the chart as we wait. I've added again around my preferred buy zone of a low RSI:

https://www.tradingview.com/x/AjzbViEe/

Hopefully, any material news can blow this uptrend into a new uptrend at a higher price. This is why I won't be selling near the trend line high as I expect a breakout if this materialises.

I've added again to PINT, SSE, 3IN and EGL. Massive sector issue. This is a net cash trust with additional burrowing when needed. As rates stabilise this should do well. Rates won't stay higher forever and this is one of the best bond proxies out there.

I have my own theory Ezhik but no proof. I suppose we all do. I can still sell quote for £30k today and considering the low volume the buyer is happy to pick them up. When we have some good reserves booked we should attract a new type of buyer and that is much needed here.

Hi can come please provide an IRR of SSE? Any source would be useful. Even a guesstimate?