Member Info for Orbiter

Wish I was never in it in the first place.

How can yesterdays oil price influence this share price, it would be years before any oil could be sold so todays price is an irrelevance. More likely there is negative feeling about the need for further financing, takeover or share dilution etc etc.

Some one wants to spare you any more pain. GL

Here I am again about to put an alternative view, not necessarily my view but the result of various surveys and research articles. It has been found in various studies that on average investors who choose shares by sticking a pin in a list of potential holdings have as much prospect of being successful as the investors who do their own research and choose accordingly. This was a good selling point for the numerous tracker funds that sprang up a few years ago, furthermore, it is human nature that investors think that if they are successful it is because they are so skillful!

Actually, I think I am being constructive and helpful in my 'caution'. let me explain. I bought in at approx 10p, sold out at 7p so lost 30% and substantial £,s. this was during a time in EMED when things were going well and there was a continual run of positive news albeit always way behind schedule.The bulletin board was full of an earlier generation of posters so excited with their prospects that they could not bare to hear anything 'negative' from others who were labelled derampers. You may wonder and be annoyed why I still keep an eye here and make a few comments? it's because one side of me is tempted to jump back in, but the other side can see the same pattern of history still repeating itself here, so my comments are just me thinking out loud to counter the persuasive positive comments of other posters and make me delay any decision. Whilst delaying my decision I have watched the share steadily decline even more. Currently I feel these AIM mining shares very rarely deliver what they promise, and are characterised by good news, hype, misplaced faith, broken time lines and a downward spiral, Shareholders seea falling share price as "what a 'wonderful time to average down", but, more dilution, change of directors, more debt, more borrowing, more dilution more averaging down seems to be par for the course. I hope my so called negativity dosen't upset anyone but anyone still invested will probably be so convinced of future riches that they wont care about my occasional comment. GL

Re positive posts? There are Optimists, Pessimists and then there are Realists. Why indulge yourself with rose tinted glasses?

Not much choice but to do just that?

More 'spin', hasn't impressed the market though?

Oversupply of Copper, oversupply of Directors, under supply of profit? Market dosent look very impressed at moment?

angusrjy Re your question " What does it take to get this SP moving chaps????" I say it takes people wanting to buy the shares?

I am not aware of companies promoting their shares as such. They promote their product and then hope to profit from the income from the sales.

Dont really undestand how a share price can be 'kept down' as you say to any significance. If shares are being bought up at a low price 'for a takeover' there would only be so many shares available at that low price depending on who is prepared to sell at that price. Why would any PI's and institutional Investors who feel that their investment is worth say 20.00 per share sell below what they think the share is really worth and if someone wants to buy a large proportion of a companies shares they may have to pay a much higher price to tempt more shareholders to sell up. Its a simple case of Supply and demand.

There is always a lot of discussion about share price manipulation but ultimately the market dictates the price. The basic rule of Supply and Demand applies here as it does in other commodities. Unfortunately not enough investors are as persuaded by the case for Emed as the people here are, hence the price. The problem with shares is that it is easy to fall in love with a company because your hopes and expectations have been nurtured by other like-minded shareholders and a sort of loyalty becomes embedded.

You say 'given what we know' but that applies to many occasions over the years and where are we now, still a share that dosent respond to any stimulus, except downwards of course. Maybe one day it really will go up but when you have seen so many false dawns that are going to make us rich, but never do, why is this one different.

But just a cursory read told me that China's demand is cooling but the good news is Europe could take up the slack. So we know that China's boom may be over and we are now relying on Europe which is driven by artificial stimulus and with the fear of turmoil ever in the shadows to stop it going down the pan. Well you must be an optimist but I guess that can be a good thing?

Emed prices are only very cheap for one reason.

Alternatively, if consumers are 'stocking up' because they see the prices rising soon,, the 'consumers' have now become investors if they arent actually consuming. You may therefore wonder why these 'investors' aren't investing in Emed instead, because the rewards should be higher if copper prices rise?

Alternatively, If demand for copper has dropped there is every reason to believe that stocks have been allowed to fall, why tie up money in a commodity that is not being bought?

If you're waiting for a positive sign from China you may be in for a long wait. Imports down, exports down last 3 months, growth dropping again.

No real take up in directors purchases for a long while, I may have a punt myself if they showed some confidence.