Member Info for notrader

Some platforms quote the last trade as closing price, then later update it to the UT.

Tex - don't let facts get in the way of a good theory. It's the only one he's got.

Daveri - if you don't have trust and faith in the CEO, should you be invested here?

If anybody was invested but didn't take up the RI then this was a personal investment decision. Absolutely no reason to blame anyone but themselves.

William - "I have 50K invested and wish now I had invested in other companies and actually made some money. Still 3K down and its been one year already"

I don't see how this can be true. The price now is roughly equivalent to what it was a year ago, adjusted for RI. In addition, you would have been entitled to new shares issued at 32p, which would now be at significant profit. Please explain further.

OK - found it

have they pulled the article? on their GGP page it says "There is no available coverage of Greatland Gold at this time."

Sigh... Notrader you condemn yourself with your own words.

"10 straight red days" - now you admit that that was wrong. However, even your admission is wrong. You posted that on 26 March. The start of the 10 days would be 16 March, which was green as was 17th. 25th green. Long way from 10 straight days

You said "Rr has been falling for the last 10 years, never recovered" In April 2011 the price was around 220. It rose from there, never reaching the 220s again until Feb 2020. So almost 9 years where there was no fall. So your statement was a lie, regardless of how you now try to obfuscate with inflation and selected comparisons.

"It's my worst investment because I never lost £45k (of paper profit) that quickly." On 25 March when the price was 103.8 you said you were down 5k. That 45k was never a profit as you well know. Your chosing to sell now at a low price is your decision. You could have held for a month or 2 with the likelihood of a profit. Do not blame the company or anyone else for your poor decisions

Shadow - the guy just makes up figures which he can cite for this being his 'worst investment ever'. Last week he claimed RR had 10 straight red days - also a lie. I think he said a week or so ago (thread now gone) that he has been investing for many years. He says he's lost 6K. I doubt very much this has been his worst investment. No doubt another lie.

This morning he said to Don2003 "I guess it's all about the supports we can give each other. " Yeah - I'd like to thank him for all the positive support he's providing to other posters with his trolling drivel.

tryhardernow - No, it is not correct that it has been down for 2 straight weeks. A simple check of the official closing prices would show on 17 March (within your 10 days) it closed after 5 straight green days. It then had 4 red days, 1 green, Thurs red and Fri green.

As for the longest downtrend, only if you ignore the 4 months between June and Oct last year lol, so it is a lie.

I judge people by their actions, not their words and it is obvious from the number of posts and their unremitting negativity that you are a troll - willing to use untruths to further your cause. You said on Friday "You said "We can always spin the story to fit our purpose". Indeed you can.
You said "We can always spin the story to fit our purpose". Indeed you can.

Tryharder - still cannot let your lies go unchallenged. On Friday I challenged you to back up your claim of '10 straight red days'.
Now you are asserting " this has been a terrible 2 weeks and it left me shaking fir any drop, the thing is that with all the good signals, the stock keeps going down..." Another lie. The current price is actually higher than it was last Tuesday. You really are not very good at trolling.

There were 2 very interesting threads this morning which attracted sensible discussion, and they have disappeared since I logged off. Any idea why? Did they degenerate so mods had to remove them? I still have my post on why the SP is at current levels in my history, so I thought I would repost it. (not for ego reasons but because it might encourage more useful debate - no conspiracy theories I'm afraid.

The other thread had a good post from Tymers on why theories NCR might buy out GGP are unlikely. If he reads this, he might like to repost it, or save it until someone raises the issue.

"Morningstar data only shows part of the picture. Some have been buying, some selling, but the top 20 holdings only amount to less than 10% of shares in issue. Ask yourself who was buying from Jan 2020 to drive the SP increase from 2p. There would be many thousands of PIs and traders and many hundreds of trade investors. A small majority would be LTHs. Almost all who bought up till the end of year would be sitting on significant profits. So there are almost 4 billion shares owned by many thousands of holders. Don't you think it not unreasonable that a significant proportion of those would want to realise some or all of their profits? This would particularly apply to trade investors, many of whom are obliged to show cash profits rather than paper ones.

The SP had reached a level where, for big money investors, the risk/reward ratio was less attractive, so the buying pressure dropped off, reaching a level where shares on offer exceeded the demand for them. If a large percentage of holders wanted to realise 50% of their profits (not an unreasonable assumption) this could mean over 2 billion shares seeking new homes. Yes, there are willing buyers, but the question is what are they willing to pay for them? Obviously as cheap as possible.

All we have seen since Jan is massive profit taking, although at diminishing returns recently. As I said, pro traders need to sell to release cash and despite lower SP they are still booking significant profits. The situation will resolve when equilibrium is reached between buyers and sellers. No doubt there are II's and others mopping up shares but their demand is being easily met. Even an II selling off say 100 million shares (if any would) would not lower the SP in this way - a billion or so being offered could do it."

Tymers - "Sticking with 1 large seller agreed a couple of months ago to sell slow but sure not to spook"

2 comments:
- who might this seller be? Until VanEck bought in to their current levels, there was no single II with a significant number of shares. Blackrock are the only one in the past few months who have even approached 1%. It is a simple fact that dumping of 5, 10 or even 20 million shares would not generate a 50% decrease in the SP.
- selling slow to not spook the market obviously didn't work!

Morningstar data only shows part of the picture. Some have been buying, some selling, but the top 20 holdings only amount to less than 10% of shares in issue. Ask yourself who was buying from Jan 2020 to drive the SP increase from 2p. There would be many thousands of PIs and traders and many hundreds of trade investors. A small majority would be LTHs. Almost all who bought up till the end of year would be sitting on significant profits. So there are almost 4 billion shares owned by many thousands of holders. Don't you think it not unreasonable that a significant proportion of those would want to realise some or all of their profits? This would particularly apply to trade investors, many of whom are obliged to show cash profits rather than paper ones.

The SP had reached a level where, for big money investors, the risk/reward ratio was less attractive, so the buying pressure dropped off, reaching a level where shares on offer exceeded the demand for them. If a large percentage of holders wanted to realise 50% of their profits (not an unreasonable assumption) this could mean over 2 billion shares seeking new homes. Yes, there are willing buyers, but the question is what are they willing to pay for them? Obviously as cheap as possible.

All we have seen since Jan is massive profit taking, although at diminishing returns recently. As I said, pro traders need to sell to release cash and despite lower SP they are still booking significant profits. The situation will resolve when equilibrium is reached between buyers and sellers. No doubt there are II's and others mopping up shares but their demand is being easily met. Even an II selling off say 100 million shares (if any would) would not lower the SP in this way - a billion or so being offered could do it.

Tryharder - cannot let your lies go unchallenged. Please back up your claim of '10 straight red days'. On 17 March it closed after 5 straight green days. It then had 4 red days, 1 green, yesterday red and today green. You said "We can always spin the story to fit our purpose". Indeed you can.

FTSE stagnated?? Are you ignoring the 30% drop a year ago? It has recovered just over 50% of that drop, so there is much further to go. I restructured some after that drop and during last summer, to buy a number of (mostly FTSE) shares which had suffered badly but in my opinion were oversold. RR was one.

Regarding your negative outlook on RR, the projected flight hour reduction for the year is already significantly lower that that of last summer, and no reason why it might still be pessimistic. Their balance sheet is strong enough that disposals are not an urgent requirement timewise, and the news just being reported rather negates one of your main arguments for pessimism. RR were looking to raise £2b from disposals, and if the reports are correct there is an offer £1.5b for ITP. I think this illustrates the risks in your 'judging the way the wind is blowing' strategy

My main cause for annoyance is not that you choose to trade, but that you come on a BB and choose to post whatever "opinion" suits your trading position. To me, that is duplicitous and dishonest.

Kando - check my name. You choose to trade, I don't. My portfolio has over 25 different shares. There are not enough hours in the day to monitor SP changes hour by hour and trade accordingly. Not only that, it's a dangerous tactic. There are reasons why a very high percentage of retail traders end up losing by trying to second guess the market. I make my decisions on fundamentals and hold long term.

And I just reviewed my position - I'm about 60% up on my RR investment. It's been higher, and might go lower, but I'm more interested in where it will be in 6 months or a year.

Kando you have no credibility here. Your strategy is obvious - you ramp when you buy in, you deramp when you are out. In neither case do you provide any reasoning for your position

Casa - perhaps you should change the header to "RR is volatile". Thank you for this valuable insight.

But Casapinos, you haven't explained why RR is volatile. You've said it's because it has a high BETA, which is a measure of er..... volatility. Please explain further.