Member Info for PortfolioPower

It's why 'AIM is a GAME'

Especially for the rinse and repeat entities set up as a lifestyle ventures.

Where there is no tangible business and what does exist is just a loss making, BoD enriching, jam tomorrow, blue sky, hopium, these comps will always need to do a dance with the devil every so often.

More often than not, it's the ones that look like some kind of ponzi scheme about to go bust that rally the strongest ahead of throwing a discounted placing in when the volume allows to enable them to keep their rinse and repeat escapades going for another year.

It is what it is.

The hardest part is going against your natural extincts to avoid this type of company when it's on a low.

And then sell like mad (not buy) when the market is suddenly all over it claiming its fortunes have turned around.

Not an easy task.

Tro been watching that one.

Most of my really big movers recently have been the really high risk pre placement pumps.

I wouldn't really recommend these on here as there is a high chance of getting spiked unless in on the lows and remembering to sell out fully into the volume spikes.

News is the lifeblood of all AIM stocks as we know.

Where cash is thin, its no surprise that most of these aim tiddlers tend to use any good updates or perceived good updates to generate volume to raise into.

These can often be strong moves where the SP is grossly oversold on all the technicals and fundamentals and has simply drifted down on little interest and lack of meaningful updates.

It's moving back down now.

Was thinking that there is no way they will have been able to turn assays around that quick.

RNS 12 October 2023 - Drilling Update for Red Setter and Cottesloe

"Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), announces that the Reverse Circulation ("RC") drilling program at its Red Setter project has been completed, with samples now en route to Intertek's laboratories, with assay results expected in the next 4-6 weeks."

So 4-6 weeks from 12th October......

Hopefully another chance to reload near the lows on the chart before the next spike / anticipation of results.

Going to throw another wild card in from the potential multi bagger list

CHF - Chesterfield resources

Market cap just £657k (less than £1m!)

Shares outstanding 130.33m

Free float 84.30m

It's just sat on my watch list all year getting cheaper and cheaper

Apparently due some news on a UAE buyer purchasing polymetals shareholding..

The whole of AIM can probably be backed up both sides of a TDK c90 cassette.

If the system goes down,.just need to ask the caretaker to wind it back with a pencil :-))

Dai,

Hopefully this explains the difference between SEAQ, SETS & SETSqx

Different stock exchanges have different systems to facilitate trading. To make matters more complicated, the same stock exchange can have a number of different systems for the trading of different securities – largely dependent on their levels of liquidity.

SEAQ (Stock Exchange Automated Quotation System)

SEAQ is essentially a computer-based system where all of the prices set by individual market makers are published, and where stockbrokers are able to find their clients the best price for a particular security. Some securities may have a dozen or more market makers, others may only have two. (AIM stocks)

SETS (Stock Exchange Electronic Trading Service)

Introduced in 1997, SETS is the London Stock Exchange’s flagship electronic order book. It is a further evolution from SEAQ. For instance, whereas SEAQ can be visualised as having brought together market makers on one screen – rather than them being stood on the floor of the stock exchange, serving brokers who served clients – SETS can be imagined as a ledger where everyone is free to enter bids and offers, which are matched if possible. The operation of SETS is automated and, as such, much more efficient.

(FTSE 100, 250)

SETSqx (Stock Exchange Electronic Trading Service – quotes and crosses)

Finally, SETSqx is a hybrid trading system, combining features from SEAQ and SETS, and is designed for securities with reasonable levels of liquidity, but which may at times require market maker quotes to maintain levels of trading. As such, the electronic order book is split into a quote book and an order book – the quote book being the listing of quotes by appointed market makers, and the order book being electronic orders entered as they are on SETS.

Looks likke only delayed trades printing up on LSE after the suspension

A trading incident at the London Stock Exchange has left all but the most liquid issues halted.

The LSE, on the same day it reported third-quarter performance, said all stocks but those listed in the FTSE 100, FTSE 250, or the international order book were halted.

A spokeswoman wasn’t able to elaborate

Dai

If He1 announce a Globally important discovery tomorrow morning and WSBN some game changing news.

Folk could rightly say they were genuinely 'locked out ahead of news'

Lol

London Stock Exchange is investigating the incident

Hopefully an update and resumption of trading at some stage.

Waiting to hear more.

Apparently some issue in Demank exchange also.

But couldn't care less about them... lol

Correct LW

I'm amazed no one has noticed.

Clowns ramping away on some stocks where there hasn't been a trade printed for 30mins.. as you can't trade them

Dai,

I'm not just on about WSBN

Try buying your He1

Big issues somewhere?

Exchange down?

?????

Gone NT

But a few other AIM Co's also??

Not sure however...buys keep coming in across both exchanges that look a bit more than the usual punt money size trades that WSBN tends to see.

Been out all morning

Just got in.... and seen that £65k buy at 2.9p

Leak?

I'm Keeping it simple Dai

For me it was probably more about getting some skin in the game on some Gold plays on and around the 5th / 6th and 9th October as that's when I could see that bottom being put in.

If the signs of a reversal are on the cards, I'll be out or reduce and look for another entry.

I don't tend to just hold for the sake of thinking I had a good entry as I hate to give up profit.

A lot could Happen to push general equities lower and that would take the GDXJ down with it.

But if Gold is just putting in a new floor and readying itself for a move north once interest rates roll over then I've got the optionality to keep adding to a winning position as the move becomes more clear either way.

Many Gold and Silver producers out there at battered down prices so there's plenty of other opportunities our there to play the precious metals trade.

Re 88e

0.3p to 0.45p = 50%

Nothing wrong with 50%

88e market capitalisation of £71.89m, with approximately 22,118.66m shares in issue.

Over the last year, 88 Energy share price has been traded in a range of 0.50, hitting a high of 0.80, and a low of 0.30

22 billion shares now in issue

Not taken a look over at their bb on hot copper recently but generally that's a good indication of sentiment and often a fair amount of knowledge

I don't think you can look back at previous highs as a yardstick for future targets when so many new shares have been added since.

Plus,.they really need to get some kind of results or the market will be worried about a future share consolidation then raise.

If it gets some momentum and blips up 50% I'd take that Kev.

If it starts to move and then the other markets it's listed on start to lump in and the price gets chased up on overnight sessions that's what has seen the big moves in the past.

If little volumes seen in Canada and ASX then will be more difficult to make big gains.