Member Info for Northern

Yep. I work for them. Boring stock, but pretty much guarantueed profits and dividends due to regulation. No reason at all for this to go down. Expect 650 by end of next week

Luckily I wasn't in. I suppose it all boils down to people wanting to make a quick buck. Bit like an unofficial pyramid scheme. Need new investors to create profits for the early entrants. Once people pull out it collaspes.

Hmmm. Hasnt what he has done, technically illegal? Post an unsubstantiated rumour. Ramp up the share, take the profits and then move on?

This is definitely one to keep an eye on. Nothing has changed since the price shot up to 10.5p. This is the retrace. Might be worth buying back in. Well done Nobster on MXP

RBS nearly made me cry. Lol. ENK has rescued me. I was a lot chirpier yesterday to say the least. Shame England couldnt get that last wicket. Made a bit on ATC as well. I got absolutely lambasted on there as I recommended ENK as a share to sneak a bit of money into. "Get him banned. He is trying to ramp up the share etc etc". I am still a bit naive to this game so didnt think of it that way. Mind you I have fallen foul to people tipping shares for their own gain so I can't blame them.

You can tell its Friday afternoon with all my posts. Anything else on your watchlists? Ive been keeping an eye on Gasol (GAS) and Pangea Diamonds (PDF) but not been tempted in yet!!

Fairly similar. I immediately stopped looking at the share as I was convinced it would go up even further and I knew it would annoy me after selling. This makes interesting reading http://agmetalminer.com/2009/02/02/our-2009-predictions-stainless-steel/ This may keep the price fairly low. Also seen that a massive new find of open mining Nickel has been made in Australia which will push supply up and maybe drop the price down even further. Looking at this there may well be opportunities to buy into this share again. I didnt even know what Nickel was until a few days ago!!

Good man. All adds up. A profit is a profit. Can soon turn to a loss when you get greedy

Ditto. First time I have ever successfully done that. Did try to hit the rebound today but failed. Hey ho.

That is the question!!

Its threatening to sneak back up. I think people were locking in their profits earlier. Looks to have levelled out (famous last words!!)

Im new too. I agree with what you say. Maybe its also a knee jerk reaction to news. People hate to miss out so pile in hence the big rise but people also hate to lose money so maybe sell more slowly in the hope that it will pick up? Anyone got any advice? There are some good books on the subject. Wish I had read them. Good luck RichardC with your trading. These penny shares are exciting!!

a 400% rise sounds great but in the grand scheme of things when compared to the price it was before the permit and funding issues it is miniscule. I.e. 15p down to 2.5p is a massive drop. If it goes back up to 15p you see a massive rise but you are only back to where you started

Agree wholeheartedly with the Strong Buy. Look at the price of these before the permit was turned down and the funding troubles began. No reason why we could not be seeing 15p plus in a few weeks time and then 30p in 6 months. Knowing my luck, the PKK will infiltrate the mine and I will lose everything!!

I'm, thinking, some people will have made some very tidy profits on these. I am torn. I am sitting on something which will cover my disastrous trading history but I really do think these will go up even further. Dilemma!!

Now may well be the time to top up!!

Aye. I see the low share price was due to the delay in the Forestry permit. Should see a steady climb as they won't see revenue until end of 2009 at the earliest but at 5p looks a steel. The risk reward on this share is definitely worth a punt. Put a bit of money in it, forget about it and then come back in a years time and there is every chance you will have a huge smile on your face!!