Member Info for Seifert

Good morning (London time!) I think you were right to cash in ANTO for a small profit. This stock is hostage to the copper price, and there are speculators out there who what to spin that commodity, and ditto Antofagasta's share price. (that' my opinion only, of course). As for VED, well, yes, I did some research on it and know that it can be volatile to trade. So I am only looking for the extreme swings before going long, or short, on that one. India is presently problematic. I am 90% cash at the present time, not a very good idea I know with Carney's commitment to keep interest rates anchored at near zero for several more years yet!. On that basis, I will have to do something with the cash, because inflation degrades it, and idling away just misses any potential opportunities. I will be fully risk on, but not yet. - Do you have any general misgivings on RIO, by the way?

Good morning. - Yes, this is a quiet board, and your predictions on the price moves to 864 ish proved right, as no doubt you are a technical trader. We all use one model or another, and stick with what works (has worked) for you. - I am not trading Rio and got out of GLEN with a small profit. What are your thoughts on VED?

Hi there! I have never personally bought this stock, but I have spread traded it occasionally. At the moment, I am sitting on the fence. There are as many variables as constraints with this stock. It's a well managed and operated company. However, many of the aforesaid constraints and variables lie outside its control. In many ways it's a sage stock, but also a day-traders' one. Good luck with the interim results out tomorrow. - Seifert.

Hi LEVIS, thanks for your comments. I hope that driftking27 did not interpret my question as some ruse or scare tactic. I saw that GS figure out of variance with consensus that I wondered what their analysis/motivation was? It surely cannot be wrong to ask a question, even if it seems to presage doom and gloom. I was just asking for an opinion from a trader (LEVIS) who followed this share for years, and trades it.

Long time since I've posted, I trust all is well with you in sunny Bali?! - I have a question, what is motivating Goldman Sachs to give a target price of £25 for this stock? It can't be Rio's assets per se, as they are substantial. Nor do I think China will stop buying, and stock-piling iron ore, especially the quality grades from Pilbara. So I am guessing it must be behind the scenes political shenanigans in places like Mongolia? What do you think?

Here here! Stick to your own backyard. Stick to what you know. Good luck and good day to you.

I can only wish you luck - disclosure, I am not a stakeholder here, but followed the company as a learning exercise in how companies in banana republics operate, and the lengths that (corrupted) officials as the LSE are prepared to go to attract these dogs, and give them the veneer of respectability. The biggest culprit of all, of course, was Rothschild who never possessed the savvy to deal with these characters. Too many investors followed this guy down the yellow brick road. Only that yellow was not the golden paint of great ventures, but a layer of banana skins!

I took a little peek into the history of this company, and it seems to me that the management are self-serving hogs. If you have a product, patented or otherwise, you get on with developing that product, not waste time in 'consolidation of shares' which piles up costs and drains cash flow and diverts attention from the business. This seems to me no more than a gimmick to churn a stagnant business. I am sure rivals would be pressing on any advantage this company (ever) had. In conclusion, my advice to prospective punters looking for a bargain is to see that buying into this company is really buying into the capability of the management. Let that me your sole criterion. - Disclosure, I have no stake here, so my opinions are those of an observer.

Mr Tan's intentions are to recover his losses first, and then if possible make some quick money on this and selling it on. He, like anyone else, learns from his mistakes. (I deliberately omit mention of PIs here due to the reasonable assumption that these stakeholders are the last thing on Mr. Tan's mind. Put yourself in his shoes - or his pockets!)

No raw nerve at all. These shysters are thick-skinned an lack all scruple and shame. You can add to that pack the monkeys in downing street etc. This will be my final post, so I will leave you with a prediction, and a reiteration. Firstly, there is a determined effort to break gold as any kind of currency or backstop. I think it will trend down to $800. Once it touches that figure, it will spiral down to really low levels before settling at around the price Gordon Brown sold the UK gold reserves for. (You can surmise the ramification for gold mining stocks) There is a flip side to this which I am still working out. - These markets will never again be 'normal'. Having injected world-wide over $10 trillion equivalent into the global economy via printed money and accommodation, and coupled to low interest rates, only the inflation ceiling is keeping this dormant virus from blowing up in everyone's face. I cannot say when the tipping point will be, nor what will be the catalyst, because I do not know. - Secondly, leave this stock alone. For the sake of your future investing frame of mind. It does not matter if this stock soars to 500 p or dips to 50 p, for the sake of your mind, and your subconscious mind, let it alone. Move on to other fields. - Now good luck, and it was a pleasure chatting with you. Seifert.

If I may proffer some advice. I say leave this stock alone. Never mind what it does, or where it goes, up or down. Without realizing it you can easily become too involved with a stock, especially if you are down trading it. It can affect you subconsciously. So my advice is just leave this one alone. Forget it even exists. Try any of the other FTSE100 or 250 companies. Good luck.

How can you print money, fake money, and it necessarily get stronger? What is the underlying message here when you can conjure fake money out of thin air, pin down interest rates to zero, and a currency 'get stronger'? Am I missing something here?

These markets will never return to normal unless you have some kind of wholesale destruction i.e. either war, or a complete economic collapse. Spinning a coin is the only strategy. Common sense will cost you dear. Inside information gives you an advantage. The really is no more to say. If you stand back and ask yourself honestly is what you are seeing even fractionally sane, economically speaking or otherwise, I think you must conclude that we are in an era without an exit save by some extreme event.

The hogs are responding to what is happening in government. The latter is engaged in manipulation of markets and asset prices on a scale never seen before. So while the 'feral hogs' are one side of the coin, the other is 'government gangsterism.' I defy anyone to give me a fair price for anything. How can you. When money is fake and any alternative currency battered and beaten, there is no fair price. You may as well spin a coin and take a punt, because strategies are defunct in this environment. Good lukc!

It is grim experience like yours that make us all afraid to invest. These markets have become the warren of gangsters, and the real culprit if the LSE for ever admitting these crooks into this markets. Risk is a good thing. But rational risk has been woefully undermined by the gangsterism of bankers, shysters, and their peers. - Best wishes to you for a recovery of your losses. We are sit on losses somewhere, including me.

You'd better better served with a barrel of oil!

A report in today's financial times from one of the Fed regional governors (I think he represents the branch in Texas) sagely referred to financiers and market makers as 'feral hogs'. - As I see it, governments and central bankers have 2 options to solve the present crisis. Either round up all these hogs, line them up against a wall and shoot them (I am very much in favour of that!) Alternatively, the central banks and governments have to 'gang-up' on these hogs, as the victorious Allies did during WW2 against the fascists, and break the hogs one and for all. - That aside, you may want to exercise considerable patience here and don't imagine you 'understand' what those pushing this stock around are doing. I would forget about it and look at something else for the time being. Depriving these hogs of your intention to buy is probably a wise move at present, because they know your moves and will try and undermine it.

When one has totally dysfunctional markets, government deliberately manipulating all asset classes, keeping interest rates artificially low. printing money and giving it to the shysters (bankers) who will only do what they know - betting and speculating, then there is little point in looking at fundamentals. You have to think outside of the box. It's a terribly hard thing to do, but common sense will not work any more. You find a 'support' level and think that this is tangible. No. It is as fake as the fake money they are printing. I am reminded of a pitiful joke that did the round during communism - we pretend to work, and they (the state) present to pay us. This is what our economy is now. It's all become fake. - Good evening to you.

Good on you. I hope your third round pays off. Just bear in mind that this company is sound, in terms of its assets and capabilities. It, like many other sound companies, exists within a dysfunctional financial (not real-economy) framework. You see, there are not clever chaps out there any more. They can only make money by gaming the system. It is far worse now than before Lehman. Far, far worse.

Q1 - How much? Q2 - When? That is all you need to know. The committee, the board, the regulators, etc, are just a bunch of monkeys. End!