Member Info for MrEMC2

Hi sparky - no sold some on 14 May chasing rainbows elsewhere which has not worked yet out so double loss. Still got my original very modest holding. All happening because I could not sit on my hands for a few days more. Good luck MrE

Sold at the very bottom - never learn.

Will we drop below 60p? Is it worth selling and buying back lower?

sparky let's see if the Board answer all your questions at the AGM tomorrow.

"In view of the restrictions on attendance, shareholders can submit questions for the Board prior to the AGM by email to AGM@yugroupplc.com. The Board will endeavour to answer such questions by publishing responses on the Company’s website as soon as practical after the AGM."

Stout definitely a long shadow added at that hole - more activity

Stout - give us the co-ordinates from the bottom right hand side of the image

On 17 March s_k declared he had bought 3m shares at 3.05p adding that "there is a 70% chance of a 50-200% return in 2 years". (Share price was 3.35p)

On 17 April s_k declared GGP was "Massively Overbought; This is now in the crazy valuation territory; is a clear sell on fundamentals" (share price was 6.525p)

On 1 May s_k declared "The share price was pumped for extreme success whereas the reality was largely more of the same. Yes that same is exceptional, but the share price already priced that in and more. Buy on rumour sell on news, regrettably the usual market story, but in this case entirely justified". (share price was 7.80p)

But please do keep coming up with estimates about the resources in the ground as it adds to the chatting on this board until the MRE is declared. At present with the share price at 9p I think whatever the resource estimate I am doing rather well so I will continuing to hold (as no doubt s_k is doing).

Perhaps Forum can wait until after 21 May for the suspension as I may have some more funds by then to top up.

and I bought a few more today.

Not bad on a day when the FTSE is down 3%

Hi Paddy message received thanks ATB Mr EMC2

Yes five bagger

The Disposition Effect is getting to me.

The disposition effect is an anomaly discovered in behavioral finance. It relates to the tendency of investors to sell assets that have increased in value, while keeping assets that have dropped in value.

Hersh Shefrin and Meir Statman identified and named the effect in their 1985 paper, which found that people dislike losing significantly more than they enjoy winning. The disposition effect has been described as "one of the most robust facts about the trading of individual investors" because investors will hold stocks that have lost value yet sell stocks that have gained value."

The disposition effect can be minimized by means of a mental approach called "hedonic framing". For example, individuals can try to force themselves to think of a single large gain as a number of smaller gains, to think of a number of smaller losses as a single large loss, to think of the combination of a major gain and a minor loss as a net minor gain, and, in the case of a combined major loss and minor gain, to think of the two separately. In a similar manner, investors show a reversed disposition effect when they are framed to think of their investment as progress towards a specific investment goal rather than a generic investment.

I'm thinking I am sitting on the largest gain of my life and I don't want to lose it in a stock market crash.

We know the GGP train is magical - just a question of when to get off - at the next station or at the destination - guess it depends on the price of the ticket and whether you suffer from travel sickness.

or 9 ¾ at Kings Cross

I'm waiting for 9.15p GLA

Paddy thanks - great timing just got back from walk. ATB MrEMC2

Yeh it was supposed to do multiples when I bought at 190p - never happened even before Covid-19! It would be a welcome relief to get up to £1 by the next trading update.

Hi sparky, are you willing to revisit your post of 11 Apr 2020 'Running some numbers ....'?

sparky are you will to revisit your post of 11 Apr 2020 "Running some numbers ...."?