Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Well lets see readers, you have a choice as to who to listen to:
HITS has used facts to urge caution on ANGS since the last oil well that did not actually flow any oil for use several years back, and the price is down over 90%
BV has used no factual arguments but primary school insults on almost anyone not ramping, and is down 80% from a year ago on his claimed large position that has been run from 0.80 to near 3.00 to todays 0.65.
Way to go Rob and address factual statements by OP with insults, that will certainly help new investors decide to buy in.
Maybe try using facts, just once, to offset an argument you don't want to hear?
I'll find something else to do while I wait...
Thanks for posting that Valuation, informative.
Do look forward to deramper attackes from BV et all once they read it though, as this seems to be potential storage competition, and storage is going to be so profitable for ANGS IF we can just retain a significant % stake after GBP 250m is invested/spent to make it happen...
BV, do you even understand any of the comparison he made with HUR? Please rebutt with logical statements.
Do you only know playground insults?
How is it you, with the > number of insulting deleted posts ever, have not yet had a permanent exit notice from admin?
Desperate?
Only one's desperate are those long-term position long, while we are on support the last 6-months have been a disaster. We are at 0.65 to sell and £25m market cap, position talk - rose tinted glasses can be very costly.
I played this position long several times shortly after the IPO, and my last long-term buy was around 24p. I bailed out on the way down between 20 and 17p as it fell fast. Since then I have short-term traded here with excellent results. I have watched the recent decline from above 1.80 having sold just over 1.60, and have done very well on the sidelines. This is all in my posting history. We are at a place where it could be a buy, 0.60 to 0.70, but nothing today says to me be in a hurry to get in.
Good luck to all holders
360phil unfortunately many people get nasty when they are under stress, or loosing money.
And at 0.70 this is the case here.
The give away is effectively zero facts employed to explain their view, insted attack and insult, this morning at 0.65 bid that's all he's got.
How long would you have to wait for replies to the last five informative posts from HIS, BP and WG:
1) from DoneK and BV insulting one or more of the posters? Due
2) from DoneK and BV countering factual statements with counter factual statements? How long is a piece of string?
BV do you understand what the lease ABGS has on Saltfleet expires in four years means to your five year investment horizon you feel is wise on an AIM share whose only revenue comes from a depleted gas field's production they were given for one-quid?
In very simple terms:
1) ANGS is very profitable to trade short-term
2) To do that must look in here regularly (and can't resist mixing it up with the local trading legend, 0.80 to 3.00 to 0.75, awesome!)
3) Long-term positions have been disasters here
Note to readers, no one that invests for 3-5 year time horizons
1) haunt bulliten boards 24/7 decrying anything but bullish
2) sit and watch it negative four bag against them from a recent high
Draw your own conclusions, but nothing said passes the smell test.
Phil have seen it countless times, traders deal with problems in many different ways.
A small minority deal with stress by denying reality, attacking alternative views, and engaging in position talk to justify their exposure - and how the news is really great, it is just the market that is wrong. Eventually this method of decision making gets very costly, as averaging down and not taking losses is a certral part of the plan.
I say this as someone that has made all of the above mistakes in the past, have seen far better shares than ANGS go to zero while I held on all the way down. Honesty, flexibility, and logic are not easy in trading, but are attributes that must be learned.
Anyone running a position long position in ANGS has been crucified the last three months. Our most abusive poster is allegedly in for £80k, half his trading pot in ANGS!!!, and would have dropped £5k on yesterday's 6% decline in share price. Anyone investing here would do well to understand why some on here attack any view that is at all critical of the company. Just form your own opinion, and listen to all views and above all have some sort of risk/reward method to prevent you from sitting on big losses, but instead has you being patient with big winners. Good luck to all participants.
In terms he might understand:
There's a massive amount of sellers looking to cash in on any rally, spike - far, far more than when this was a 400m share float company.
To dumb it down to the right level, this means unless NEW buyers of 500m share emerge, then one or many sellers getting out of 500m shares will cap or decrease the share price.
Mostly here both for a possible long play if I see capitulation, and as a long time market player to learn the AIM investor pool and psychology, interesting to study the degree of position talk-bias in the face of irrefutable facts such as 0.85-0.90.
BV, what would it cost in liquidity points to shift a 10m share position during today's trading session?
Do you have any idea how you would measure liquidity risk here?
Please, give us the standard multi ID never owned any deluge, everything is just great for all 3.6 billion share owners...