Member Info for NoelShempsky

This is to the best of my recollection, but I think it is fairly accurate because I was one who got stung - twice.

When POG was at about £12 or £13 a share, Questor in The Telegraph wrote a glowing review and tipped it to go to £19.

It fell to about £10.50p.

Questor again tipped it. He said the market had got it wrong, this was a great opportunity and if he had been wrong £19, it was definitely going to £17.

The sp did not go to £19, nor £17. It went to 5p - and that is 5p not £5.

At about the same time or shortly after the POG tip, Questor had a similar grossly wrong call with Regal Petroleum. He tipped it, again with a glowing review, and then shortly afterwards the sp dropped by a third. It might have plunged further, I don't know.

The man who wrote the Questor column then left the Telegraph. To this day, I wonder if he just got them wrong or was he bribed so that private investors rushed in to buy so that insiders could get out at good prices.

That's a worthwhile comment notlonggone. Never underestimate the greed of politicians. If anyone has any money, they think they should have it.

This is worth hearing about the silver price. This man is worth heeding because over the last 18 months his price forecasts for gold have been spot on. Back when gold was well under $3,000, he made a forecast of when it would hit $3,000 and he was right, and that wasn't his only successful call

https://www.youtube.com/watch?v=lSPUSYoNbh8

"no pretty graphs needed" - pretty graphs eh? On the CNR board, as well as abuse and insults, there was of much mockery of this sort. What did their smug comments like that do for them? They helped them to sit through a fall from 53p to 15p, a fall that could have been avoided if they had heeded the pretty graphs.

"Its was obvious a breakout was imminent here, it really was no pretty graphs needed" - on here, over the past year or more, many people have pointed out the long term potential and said that it was under valued. They were right. I agreed that is why I bought in (after this was initially brought to my attention by Pedro and then I looked into it before making my decision to buy), but the claims of it being undervalued, although true in the long run, didn't forecast sharp short term movements.

I traded some of those movements and that has helped me to increase my holding.

If trading isn't for you, then just ignore my posts. I very recently posted that I had bought another 50,000 because of my interpretation of the chart, and within days a sharp rise occurred. If everything is so obvious to you, I look forward to reading your predictions of movements being imminent.

"It was pretty obvious a break out was imminent shortly without any assistance from the charts." - I look forward to reading your future tips predicting sharp movements being imminent.

That was just one example, perhaps my most notable example, but there are plenty of others.

But I am not a braggart, I do sometimes get it wrong, but show me anyone who says they never take a few losses and I'll show you a liar.

So long as the number of correct forecasts is much greater than your incorrect forecasts, your wealth grows.

"Chatgpt view, best is to combine them both as suggested: " of course. I don't just look at the chart.

I weigh up the company looking for medium to long term potential (if you wouldn't hold it for a year, then don't hold it for fifteen minutes, as they say), and I maintain a core holding, but nothing moves in a straight line so I use the chart to spot good opportunities for top ups or sales if I see a dip coming, or even sharp falls that weren't indicated in the fundamentals.

CNR was a notable one for me. Years ago when It was at about 53p, the chart suggested to me that a sharp fall was coming. I posted a warning on the CNR board and said that it would drop to about 42p or 43p. Of course I got a lot of abuse and was told that TA doesn't work.

When it fell to 42p I got a lot more abuse. They hate it when a forecast of a drop is proved right. That shows you the mindset of the sort of people you get on these boards. Also, when I post a forecast of a rise, that never gets abuse, but when it turns out to be correct, they deny that the charts indicated the rise was due. So they say it doesn't work, but when it works they say it was just coincidence.

So, CNR was down to 42p. I had been selling on the way down.

I looked at the chart again and it indicated another sharp drop on the way. I posted another warning and they went wild. I was an idiot, the drop is over-done, this is going to 60p.

I sold my entire holding. It started to slide and eventually dropped to 15p.

Keep an eye on 48p. ;-)

"It was pretty obvious a break out was imminent shortly without any assistance from the charts" - not so. The fundamentals do give confidence for future success, but they don't foretell when sharp moves in the price will occur.

As Genghis says, "As CFO he will have good visibility of future plans". That ties in with the confidence for the future that I thought I could see in the chart.

As I posted on Monday, "From looking at the price chart, I suspect that a breakout is coming, and I put my money where my mouth is today and added a few more. That 50,000 trade at about 13:23 that is listed here as "Unknown" was a Buy. I can confirm that."

It was actually at 13:53:27 .

"Thank you also for the word 'pompous' " - so I've taught you a new word. You're welcome. For someone who feels entitled enough to tell others what to do, the word "arrogance" is fitting.

From looking at the price chart, I suspect that a breakout is coming, and I put my money where my mouth is today and added a few more. That 50,000 trade at about 13:23 that is listed here as "Unknown" was a Buy. I can confirm that.

How long does it take to simply skip past posts you aren't interested in reading? What a waste of time writing your moaning post. I will post on any comments I wish to post on as will others. You could have simply ignored posts but you chose to give orders. How pompous.

PM prices and PM stocks shooting up today , but SRB is down. Why?

"such an unsavoury character with no morals or sense of right and wrong - Pedro has very good insight into the character of IBAB.

All we ever get from IBABFO2.0 is abusive, hate-filled attacks on others, baseless allegations and false accusations. He is a very sad individual.

"A reminder we were right royally screwed" - and I'm still angry about it.

Thasnk for the information viable.

Over a year ago I was in SHG which was a takeover target \ victim. On the SHG board, Pedro tipped SRB and THX.

Thanks to him, I found two new homes for the proceeds from my SHG shares and thanks to him I have made a packet.

Pedro has been keen on THX for well over a year to my knowledge.

I don't know what to think about this.

Simply Wall Street says about THX - "Trading at 81.2% below our estimate of its fair value"

and - "Earnings are forecast to decline by an average of 22.1% per year for the next 3 years"

"https://simplywall.st/stocks/ca/materials/tsxv-thx/thor-explorations-shares

Please note that those numbers change daily. Yesterday it said "Trading at 75% below our estimate of its fair value" and "Earnings are forecast to decline by an average of 12% per year for the next 3 years".