Member Info for OlivettiChamp

YouKnowItsRight - You are showing a pathological level of interest in this share. Let it go.... if some strangers lose some money on a P&D, then so what, its not your responsibility. Caveat Emptor, and all that. Why not spend your time more joyously. Go pet a dog or cat, spend time with your grandchildren, grow a garden or walk the wonderful wilds of Great Britain or whatever land you are privileged to live in. Let's arrange to meet for a coffee and brioche.

I'm gonna grandstand and say that yes, I predict a 50% percent retracement. Should also be a double bottom.

And yes, I admire SD and this is a great share to own and invest in. However, it does not run on unicorn farts, spanglea and hopium, so you are going to get reamed if you only think this can go up. Like I said, the retrace is the fuel to send it up again.

OK, to get real with the charting , expect a retest of 230, to form a double bottom and a 50% retrace of the move. That's the setup for the traders, cant say exactly how long it will take to get there.

To those of you who didnt sell, then this is a lesson, as 50% retraces are a thing, and charting is a thing. Next time, take some profit when the price doubles, also remember that a 50% retrace is the refueling to take this to the next level.

Whether you like it or not, trading is a thing, understanding the market is another thing, and sitting like a deer in the headlights, complaining that you have been run over, is not cool.

Don't get emotionally attached to a share, you are not married to it and it is not betraying you personally if it goes down.

All share prices go up and down, without fail, and nothing goes up in a straight line. Expect profit taking and retraces.

Take some profits on a regular basis, so you have benefitted, have a plan and stick to it.

Makes current MC and SP look more attractive at 6p.

It's normal, low volume trading. A few caught out overleveraged at GGP, no doubt.

That chart is the worst H&S I have ever seen in 57 years, with a ZERO target price if it completes.

Https://www.zerohedge.com/technology/amazon-scraps-new-irish-ai-facility-amid-power-grid-shortfall

Drifting on poor volume, no-one knows anything yet from the trading volumes. Hold your bromides, lads.

That's one narrative GG, and why I have kept half.

However, buy the rumour sell the news, and the poor SP and lack of interest in this deadline speaks for itself, so reducing risk here.

I have just reduced my holding by half, based on the ongoing lack of performance here, and souring sentiment. Reduced holding and reduced enthusiasm/interest from now on.

You had better hope that a 70% drop in the stock market ( esp. in hard asset stocks ) does not take place, because you will have more pressing worries than online trading !

He's so bad at this, between selling here and his 'big' investment in MATD. He should sell up, get himself an electric bike and deliver us our Friday night pizzas.

Yes I absolutely do think they want to, as they have a 40 % interest and ORR needs ongoing funding to pay their generous salaries ..... sorry, to continue to derisk, develop and monetise this asset.

Overall, the game is to move the value from the ' hope and potential ' ledger to the ' proved up and documented ' ledger. To this end, although the SP has not moved, ORR has moved from higher risk, higher speculation, to a more definite and measured asset, with much lower risk. A definite hold for me on progress.

Hey Quady,

You gonna shame people in 2025 for something that happened 1000 years ago ..... the Crusades ?

You gonna shame people for something that they actually fought to stop 150 years ago? The British and Royal Navy stopped the slave trade between Africa and America. Please tell me how I am wrong or go away and shut up. Provide the sources to support your argument.

Quady - Go hang your head in shame. A disgrace .... unless you step up and debate me.

Frontiersman dies creating a better future for himself and his family.

History has ever been thus for men. Raise a glass.

Progress has always been thus.

YES

Talking of cheap, every day's UT is a paltry number of shares, less than a quid, at below the bid price. painting the tape, anyone ? What a joke.

Having been overcommitted myself, here are three simple guidelines for managing risk which I have followed, after many years of rollercoaster investing. These refer to a positive investment. I regard ORR as a sound and long-term bet.

1) If you have a high average, and believe in the investment case, then average down as possible. See 2) and 3)

2) If you are overweight ORR in your portfolio, set a sell order at breakeven to reduce your exposure. I guess this would also apply to an acceptable loss. Most important; set the sell order and leave it. ( Unless the fundamentals change of course, and even then, probably leave it )

3) Set an automatic sell order of half of your holding at Double your average price. This is a very old and wise trick. It means that you have recouped your original investment and you are only riding the profit.

This could reduce the anxiety and emotional impact of managing your investments, by far the number one factor which investors cite as their stress point.