Member Info for RichTheNewbie

It's a technical thing the closing price. Depends what type of order book it is and whether there's a closing auction.
This is on SETSqx and so the closing price will be determine by the closing auction, if there is one, and if not it's the mid price of the best bid/ask.
So today, there was no auction, and the best bid is 12.75p and the best ask is 13.00p.
So the closing price will be 12.875p

If someone buys, holds, or sells, because I say I like steak then they're a plonker!

Besides this is the best rise this has had in ages........so perhaps I should talk about steak more often......

Having said that, I have been pointing out. over the last few days. that this was very likely to be the bottom.........so if people WERE actually listening to me and taking note, then they'd have bought at the lows and already be up.........they've just got some bonus information today that I happen to like steak ;)

Well I'm not a vegan hippy that's for sure!
Even the very mention of such things has got me thinking about a nice juicy steak.

Heh, high percentages might sound c0cky, but I think, once you factor in that you won't be lucky on every stock, you won't time it perfectly every time, and are liable to be shafted by bad luck or a bad BoD, etc.

Then you have to be AIMing for high returns in order to balance out the ones you get wrong and come out with a decent profit to make the risk worth taking.

I've no interest in 5% or 10% on AIM. That's often just yesterdays fall.

I generally don't think its worth investing on an AIM stock unless you're targeting a rise something in the order of 50% or 100% or more. Otherwise I'd say it's better and safer to pick stocks from the main market.

Completely unrelated to FFWD but this is pretty funny:
https://twitter.com/realmanpizza/status/1035151859407892485

Could be.
Equally could just be bouncing off the lower bound of the uptrend with everyone racing to beat each other to get in at the bottom.
It would actually be preferable to rise back up before news comes really. So that the news can then propel it even higher - from a higher starting point.

As mentioned the other day it sometimes helps to take a step back and see the short term ups and downs in context..... https://www.tradingview.com/x/KAesRe24/

Leverage doesn't make it a better idea to use stop losses imo Predators.
Just makes you vulnerable to a wild momentary spike costing you a fortune (in fact it makes you a target depending on how dodgy you view AIM :p).

That's what happens if you buy an oil company that needs huge amounts of money to retain its licence, doesn't have that money, and is totally relying on a partner who could pull the plug at any moment.....and did ;)

Everyone always wants in at the bottom. Especially Julian Clary :p

I never use stop losses on AIM. It's asking for trouble. I just plan ahead for significant dips and then ignore them if there's no material bad news and my view remains unchanged.

Ignoring what everyone else says, and backing my own view, has seen me do increasingly well in recent years. This means taking note of warning signs and escaping poor stocks, whilst others hang on, as well as buying stocks when lots of others are moaning simply because the price has fallen, and being negative rather than taking advantage of the opportunity.

Quite annoying really.
I do think this is pretty likely to be the bottom, and would be prepared to back my opinion with money, but can't realistically add more here without cutting other positions, which I don't want to do as I'm confident in them too!
So just got to watch you lot take advantage for now ;)
Lunchtime.

Well you do make it difficult as you blocked me Matador.......
However good to see that someone has caught out and exposed one of the AIM scumbags trying to manipulate the market and get people selling so they can buy. Well done Mr Hopton.

You probably shouldn't really listen to anyone here (myself included).

Virtually everyone has an agenda of some kind.
I've bought in relatively recently so I obviously think there's some potential here (it's just my view tho).
It's really a case of whether you think some of their investments will pay off - http://fstfwd.co/portfolio
I think theres a decent chance on a few of them at least hence I'm in - so my view is obvious.

Whether you sell, hold, or buy more, one thing is always worth remembering: The price can change 50% in a few days on AIM very easily with literally nothing changing in terms of a company's real-world situation (assets/revenue/profit etc). Both upwards and downwards.

I've seen companies tanking before, on the best news they've ever had, before rocketing hours later.......and seen a company rocketing several hundred percent, on the worst RNS I've ever seen, before tanking and going bust in the following weeks/months.

I think this is a slight problem with AIM these days Predators.

A lot of people use spreads as well as shares or instead of them.

Nothing wrong with that, I do too, however:
- It does make any "tree shake" more effective
- Even if it's not a "tree shake", a "normal" pullback/fall can cause a cascade of margin calls from the less prudent PIs
- Aside from these things exacerbating any fall, the reverse also doesn't help, where buying may not have any impact on the market, unless the provider directly hedges into the market (which they don't always)

Eh? Am I reading this right? You don't know what you've invested in....you don't know why you bought.....twice......and you want other people to tell you why you bought!?

Strewth......

And another 25k, then another 100k, then another 50k, all bought, being hoovered up by someone, while the silly sausages sell, or are pressured into it via margin calls, on dodgy old AIM.

Someone just bagged a bargain - 86k for 11.5p

Wouldn't worry Predators. Just standard AIM trader games.

Whatever the price they just pick a price 20% lower and start mentioning it as if it's likely, in the hope some silly people will get it into their brains and sell, whilst they sit there hoping to snap them up. Hence turning up out of the blue.

It's not even at 10p anyway so, talk of it holding "this area" is nonsense, and frankly is probably more likely to be at 15p in a few weeks than 10p.

I'll wager that this is very close to the near-term bottom and is the last dregs of people trying to get in at the bottom of the long term upward trend channel - https://www.tradingview.com/x/X1So49tL/ (quick example on a small screen so not perfect but you get the idea).

Yes