Member Info for pipsjunky

I think there have been some big changes, not least the ones that prevented divvie payments and created a change to buying and stocking spares and consumables which will inevitably run out.

Dividends not being paid in tough times de-risks the likelihood of weathering the storm. Id see this as a positive. Spares are in place for at least 2 years, in which time the company will drive Chinese earth movers not German, no great shakes.

Institutional investors would've sold at the wiff of a head wind or dividend issue.

I'm unsure if you're trying to talk yourself out of investing, or me?

Blue, a chart will never tell you future events, thats true, it will show probable direction of travel. It's merely an indication of short term movement whilst circumstances are the same, let's call it investor sentiment. The main point here is that fundamentally the company has not changed operationally, the political environment has. Therefore the SP is a 10th of where it should be for the value of the company.

It is supposition that the company will split, as much as it is, that it will stay as a whole, this is why we're dealing with a significantly discounted price, it's factored already. In essence, the game here is a game of probabilities based on investor sentiment. Most will understand it's discounted, it matters not the reality or future, only direction of travel for the SP in a time frame we can likely ascertain risks. We understand when the next announcements should be.

Making money is what is important, we none of us have a crystal ball, only our best guess. Our trump card is buying at a significant discount, our achilles heal is fear and greed. All that's in-between is waffle and postulation, it's all just probabilities. As PIs we are not very well connected detectives.

1. Know your companies fundamentals
2. Know probable risks
3. Know your time frame
4. Plan the trade, trade the plan
5. Know when to take profit (scale out)
6. Focus on investor sentiment (this is last and where charts help) you'll already be balls deep at this point.

Let me update... 3 sell and 13 buy.... putting it in strong buy territory. Let's call it a round 75% we are rising further, during this consolidation.

Out of 26 oscillators and moving averages on the 1 day chart, 12 are indicating a buy and 4 long range showing a sell, 10 neutral.

From a mathematical point of view thats 66% in your favour of the price rising. at closer ranges like 4 hour...that percentage rises further.

What do you think Big Blue?

Charts are just an indication built of historic data, by no means a fortune teller of the future, just a small part of the game. Fundamental value of the asset is more important to us. But be under no illusion, institutions who you pay your money to buying stock, will be making their decisions based on charts, or at least their algos will.

99.9% of all trades are bot wash trades scalping.

The real big money fish swim in the bond market, not the stock casino, playing Russian roulette like us. lol

Pippa, you're on the 1 day time frame? Move back to the 4 hour. I like the MACD_VIX when you're waiting for an imanent change. Fib is showing 258.4 retracement. Momentum crossed to buy.

My hope here, is that a Russian institutional investor is taking a position early, with better intelligence on the ground over there, and sees the potential risk to reward in a massively undervalued company.

There were shorts on MOEX, it could've created a short squeeze and pop higher. If LSE holds stable tomorrow and the MOEX drops back 5-10%, I'll feel more confident.

Given the MOEX side being up nearly 20% and climbing, whilst the LSE up +2.4% you might consider that if news is coming soon, it could potentially be favourable to the MOEX holders, which is where the CEO holds a substantial portion of his wealth.

If they play it by the rules we'll all be smiling. But I'd urge all to consider their positions and strategies, should news be unfavourable for LSE holders.

Not wishing to ramp or de-ramp, just make sure we are all being prudent.

Anyone got L2 market depth? Are we munching through sells?

Blue thats been on the POLY website for a very long time.

Did you not board the train in time?

BOOM the LSE caught up

No probs....good news coming for us all hopefully.

Spike on LSE to 226.4 then back to 210

@Tuba check tradeview

ProxLDM yes...over double the average volume

Now +16%

@Tuba I wouldn't put it down to CPI or western indicators. For an 11%+ pump, it would take institutional involvement, Id have guessed.

Whilst it could be not much, it could indicate early news leaking.

@Tuba %

https://www.polymetalinternational.com/en/

MOEX moving north 11%+ ...is news imminent.... hummm

It would seem Turkey is playing the wild card...at least POLY will have a route for its GOLD

https://www.ft.com/content/00badf9e-f0d9-417f-9aec-9ac1c2207835

https://www.gold.org/about-gold/gold-demand/turkey