Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Getting the sack would be kind. Crippling brain damage for the lot of them would be more suitable.
Rubbish.
Firstly, theres nothing stopping you opening a short position. Its not like its a special privilege to hedge funds..
Secondly, shorting helps create more volatility and liquidity, which is great if you are a trader. I doubt any of you have moaned that time when your asset pumped 50% in a day, which was most likely triggered from a short squeeze and cascade of stop losses.
Without short selling you create a lob-sided market with an upward bias. It would be like holding a referendum and the only choice on the ballot paper is yes.
So stop being so soft, open an IG spread bet account and play the market both ways.
Needs to make a higher high and higher low before you can call it a reversal. At the moment, its just a retracement in a downtrend.
We had a similar liquidity grab / short squeeze on the 12th August, where we tested the downtrend channel and closed below, before continuing further south.
@K3VMC. Small caps or anything quite speculative hit hardest. But broadly, in such a case, everything would get hit.
Not even sure Gold is a good play anymore. Bitcoin is a question mark but crash of March 2020 suggests it is not resilient either.
If it happens I'll probably short indices, keep a lot of £ on the sidelines and stick to forex trading for a bit.
All sounds a bit dramatic I know, but the disconnect between the stock market and reality has never been greater. Soon as those QE taps get turned off, the money printing stops and covid is marginalised, thats when I expect the difficulties to occur.
I couldn't say if this will happen next week or within 3 years, but I think sometimes its better to play good defense rather than all out attack.
Things are only going to get worse sadly. US stock market is going parabolic and theres going to be a blow off top & recession on the way (1929 esque).
I've already started to pull funds out of long term holds. Everything and I mean everything will get obliterated...
Lol brilliant analogy.
To the OP: Very disappointed you posted this on LSE - you had no permission to.
There's a reason why serious ODX investors are NOT communicating via LSE, which I imagine is also the same reason Craig did not bother posting this here.
Those reasons should be obvious for anyone that has spent more than ten minutes here.
Im as excited as i am nervous about Tradeflow. To me, they are everything SYME need to be in terms of branding and presentation (I even think the name Tradeflow is 100x better than Supply@me)
Its very intruiging that a business that appears to be at a much more advanced stage is willing to be acquired. This excites me, as it means SYME must have something they dont..whether thats funding options or advanced blockchain tech. Even if it means dilution or placing, having TF onboard is nothing but a positive.
But.. its not over the line yet. If it falls through i think we'll get absolutely crushed in the SP. That does make me feel a little edgy!!
Have you done this shares thing before Simon? Just checking...
Clever bit of mis-direction in TWatchers first post - uses huge numbers to try and belittle ODX's 2 million per week as insignificant. "1/7th of UK capacity target""
Think we all know that 2 million per week for a £180m market cap company would result in a significant re-rate at even least optimistic profit margin levels.
Its just a very simple TA algorithm that spits out buy or sell. It shows below previous signals...win rate only just above 50%.
Just ignore that site..its just to rope in newbs who think they have some sort of zen-like understanding of the market...but in reality they just throw signals around and nobody will hold them to account.
RIP Andrew
I think we all know what the best way to honour his contribution will be. Hopefully next week...
For £15 would most likely need:
- Further extension of Alva facility
- Big foreign contracts that we would have capacity to fill
- Sales of RTC Antibody to pick up
- CD4 and food intolerance tests to be a big success.
Happens all the time on AIM... Massive FOMO pump and then a slow trickle down to try and break every investor who got shares at the top.
Price is at a decent area of value now and signs that the fall is decelerating. Good to go.