Member Info for Overhyped

Bluegrass. I look at the chart patterns as well, and for the same reasons.

Bearing in mind they are only a guide, not a prediction, depending on the company, the patterns tend to repeat themselves. As I think they will here.

Thank you both. Your views are very helpful for my understanding of the situation

Canillasboy. You've hit the nail on the head with: "think it is on their list somewhere" and "perhaps?"

The problem I've got is that we don't know. I feel we should know by now.

Almost evey criticsl minerals mining company in the UK seems to be on the UK's Government's list for funding, except SML.

Can someone please correct me if I'm wrong?

What will next week bring?

There have been a significant number of tiny trades today, mainly under £100, and most of them at the ask price of 6.4p. None of them affected the share price.

Word to the wise, if it's needed. I've experimented with tiny trades myself, to see if they affected the share price. They never did. It rather proves that it's pointless making tiny trades in the hope that they might move the price. They won't.

I don't see myself as a trader but I have topped up today. I might be tempted to sell half, to spread my investments, if I bagged again.

I wasn't particularly predicting a drop. I was responding to Messi10's prediction of 4p and trying to point out that, if there was a drop, it would probably not be as much as that, before it bounced back. I'm hoping for at least 6.4p and hopefully more today.

It might drop to 5p before it bounces back up but not to 4p

It's dropped back down. I expect the best we might hope for today is that it will be up and down around 6.20p/6.50p and maybe finish at about 6.50p. If we're lucky

Moving up. Let's hope it continues.

Perhaps?

Because the sp hardly moved during most of the day until it dropped in the afternoon. Almost as if there was a collective plan. Which, of course, there couldn't have been. It was just nervous and inexperienced shareholders reacting to the unusual lack of movement in the morning and early afternoon by selling. I am sure the sp will rebound soon, as more experienced shareholders buy up the cheap shares

Indeed laallee. I commented about the drop but that's all. SML still looks good to me.

SML is still above where it was last week so I don't think there's much to worry about

I'm down to 90% profit if I sell SML now. I'm also down to 20% profit on TUN. Fortunately, the rest of my portfolio is up.

Magpie. I know where you're coming from. After all, what do holidays in Thailand or Phucket got to do with discussion and debate about SML?

I'm far more interested in the Lassonde Curve that enables those who take the trouble to understand it, to work out what is likely to happen to the sp in the future, ie. it is inevitable that there will be a dip in the sp before the mine produces anything. The main questions are; Where is the sp on the curve at the moment? How far away is it from the orphan period before it hits the dip?

Cev. I humbly suggest you relax. It's not good for you to get het up by other people's posts.

I've added over 350,000 shares yesterday and today. I might add a few more tomorrow. Especially if the sp contiues to meander around where it is.

I'll see how I feel

I wonder if the sp might go up a bit, later this afternoon?

Thanks for your concern bluegrass.

I do think a lot about what is happening. However, I'm fairly relaxed about SML and share everyone's hopes it will do well.