Member Info for OlivettiChamp

"The ceasefire between Iran and Israel has eased geopolitical tensions, driving crude oil prices lower " yeah, that's the cover story to give plausible deniability to the market manipulation.

TBH .... End of quarter settlement in options and futures, so price being pushed to wherever the big boys want it for maximum pain/profit.

We'll be 1925% up on Monday..

And can I be the first one to say how I love the smell of burning shorts in the morning !

Stebol. I'm as insouciant as you. it's just that not everyone has the same level of experience or knowledge, so one of the better aspects of a BB is that we can edumacate each other.

And whether you like it or not, there are many technical traders and algos which use candlestick trading for buy and sell decisions, as candlesticks are actually a very clear and effective visual aid to decide support and resistance levels, and especially changes in trend. So your skepticism may ultimately work against you.

How do you read the market and decide on your entry and exit points, out of interest ?

Wow, just Wow. My post about the UT has been immediately taken down TWICE!

Obviously someone with a bit of pull does not like my interpretation ( likely the truth then ) or wants the misdirection of thinking the share is under pressure and the SP is dropping fast. Known as Painting the Tape, as chartists are often inflenced by the opening and closing prices when drawing candlestick charts.

Pretty dumb, as a treeshake after the market close is totally ineffective.

Could be, Benrumption, but these types of trade come with a different trade code ( NT - Negotiated Trade ) rather than being the UT ( Uncrossing Trade, which is an auction )

The UT ( Uncrossing Trade ) is an end of day auction which allows buyers and sellers time to trade all stock offered, so in this case the seller had to unload the 12.8 million, and it took some time and a 5% discount, to shift it.

Why the seller didn't sell offbook, or via dark pools, is a mystery.

That UT was so far below the Ask that it is obviously someone with a deadline to sell ( today ) and a lot of unsold stock ( 12 mill ) and an income target, 2,000,000£.

Deliberate, of course. Desperate, certainly. Depressed - Definitely, having sold at an approximate 5% discount. Definite Dump, but I bet that this was a one-off.

D- Could do better. Stay behind after Deramping class for some extra homework.

Part 2

GRH: PG prefers keepin' PRD on its back! Remarkable CEO, is'n he, squire? Lovely PR skills!

TheBold: Look, I took the liberty of examining that CEO when I got it home, and I discovered the only reason that he had been sitting on his perch in the first place was that he had been NAILED there. (pause)

GRH: Well, of course he was nailed there! If I hadn't talked that share price up, it would have nuzzled up to the lower Bollinger Band, bent it apart, and VOOM! Feeweeweewee!

TheBold: "VOOM"?!? Mate, PRD wouldn't "voom" if you put four million volts through it! It's demised!

GRH: No no! It’s Consolidating ……. in a flag pattern!

TheBold: He's not consolidating! He's passed on! This PRD S.P. is no more! It has ceased to be! 'E's expired and gone to meet 'is maker! He's a stiff! Bereft of life, 'e rests in peace! If you hadn't nailed it to the perch 'e'd be pushing up the daisies! 'Is metabolic processes are now history! He's off the twig! He's kicked the bucket, He's shuffled off his mortal coil, run down the curtain and joined the bleedin' choir invisible!! THIS IS AN EX-PRD!! (pause)

GRH: Well, I'd better replace it, then. (He takes a quick peek behind the counter) Sorry squire, I've had a look 'round the back of the bucket shop, and uh, we're right out of Morocco Oilers. (pause)

TheBold: (Incredulous) I see. I see, I get the picture.

Jimmy23: (pause) I got CHAR. (pause)

TheBold: (Mocking) Pray, does it have any gas?

Jimmy23: Nnnnot really.

TheBold: WELL IT'S HARDLY A BLOODY REPLACEMENT, IS IT?!!???!!? (He storms out)

A shareholder enters the LSE chatroom.

TheBold: Hello, I wish to register a complaint. ( GRH does not respond.)

GRH: Hello, Miss?

TheBold: What do you mean "miss"?

GRH: (pause) I'm sorry, I have a cold.

TheBold: I wish to make a complaint!

GRH: We're closin' for lunch.

TheBold: Never mind that, my lad. I wish to complain about this share what I purchased not half an hour ago from this very boutique.

GRH: Oh yes, the, uh, the Predator Oil Ordinary Share, Ticker Code PRD.L, ISIN JE00BFZ1D698 ...What's,uh...What's wrong with it?

TheBold: I'll tell you what's wrong with it, my lad. It's dead, that's what's wrong with it!

GRH: No, no, he's uh,...it's resting.

TheBold: Look, matey, I know a dead share when I see one, and I'm looking at one right now.

GRH: No no it's not dead, he's, it's restin'! Remarkable share, the PRD, isn't it? Beautiful CEO !

TheBold: The potential doesn't enter into it. It's stone dead.

GRH: No no no no, no, no! It's resting!

TheBold: All right then, if it's resting, the rampers will wake it up! (shouting at the screen) Hello, PG! I've got a lovely fresh investment case for you to spin...

GRH: There, it moved!

TheBold: No, he didn't, that was the market makers widening the spread!

GRH: I never made that last 300 share purchase at 10% over the ask!!

TheBold: Yes, you did!

GRH: I never, never did anything...

TheBold: (yelling and hitting the keyboard repeatedly) HELLO PRD!!!!! Testing! Testing! Testing! Testing! This is your seven o'clock RNS alarm call! (Takes PRD out of the portfolio and sells it for 5% less than the Bid. Throws hands in the air and watches the share price plummet to the floor.)

TheBold: Now that's what I call a dead share.

GRH: No, no.....No, PG is stunned by the market reaction!

TheBold: STUNNED?!?

GRH: Yeah! You stunned him, just as he was wakin' up! The PRD CEO stuns easily, major.

TheBold: Um...now look...now look, mate, I've definitely had enough of this. PRD is definitely deceased, and when I purchased it not a half an hour ago, you assured me that its total lack of movement was due to it being tired and shagged out following a prolonged Pump and Dump.

GRH: Well, he's...he's, ah...probably pining for GKP in 2011.

TheBold: PININ' for ADNAN SAMARRAI?!?!?!? What kind of talk is that?, look why PRD falls flat on its back the moment I bought some.

Is this board still alive

Naive investors.

Lol " I've been here 200 years now, waiting for the green light ".

WTF ? Have GGP been selling gold to Iran or Russia, to have sanctions placed upon them and the share to be suspended on the 17th ?

At least the British courts are fighting this.

The disconnect between the emerging apparent value of the discoveries and the share price is becoming harder to ignore. Someone needs to show the investment case to Sprott or Rick Rule. Imagine the fire which that would light under its arsse.

So no fantastic grades, but continues to build the case for bulk open pit operation, with economies of scale. Increasing my confidence in my investment here.

SD is a definite keeper! Rare to find such a competent, capable leader with integrity.

Wow, just wow.

Or Warrants.

Or a two-week trip to Mbe to do some artisanal mining.

It looks like, upon decent drilling results, there will also be additional payments from BCM, re previous agreement, rather than a fundraising.

If a further issue of shares is made, it is likely to be nest feathering before some kind of corporate action.

Chancers. Not just the EU corrupt, some trying to manipulate the thin trading this morn. I'm sure it will bounce back, and if you think it is unwarranted then get your wallet out.