Member Info for Seifert

I share some of your cynicism, but many investors here await to see what happens. Things are best left alone pending clarity of the situation.

Thanks for your posts, and no hard feelings. Yes, I don post on this board, as I have been following this, and a few other companies for some time, and felt I had something pertinent to say. This may not be to everyone's favour, in which case please ignore. I will in future temper any comments, though. Correction, regarding the buy for GLEN, I bought at 314 and sold at 319. Enjoy your weekend.

I wish anyone who turns a profit from any method, long or short, only the best. And durby was right, I should have pasted in the links from those stories (the source was the FT.com. If you go to their site and type in ENRC you should locate the stories, and also the broker who said that many institutions don't presently find ENRC investable/ible. - Each person can have his or her own strategy and methods. Moreover, it is wrong to assert that only people who go long on a stock should post here. That is not true. How many 'professionals' using CFDs go short and long every minute of the day. If these boards are to serve as more than merely reinforcement of a buy strategy only because someone has already brought in and wants to 'ramp u[' the stock price, then that is dishonourable and really rather petty. I have reasons and methods I employ, and yes I buy shares buy only to keep a few days at most. I bought BBY at 224 (last day for the ISA) and got out at 249. I got in at GLEN at 213 and out at 319 one day later. Until the markets begin to behave more normally, I am not an investor, but will be a speculator, just like all those 'professionals'. Why should they take our money, know what is going on, know everything that you don't, and make a profit not because they are clever, but because they overwhelm from the inside? It is those whom you should be berating. Not I.

I put a short at 240 and got stopped just over 264 on a £15 short (I have guaranteed stop loss in operation). And by the way,you merely got luck. This company is not investible. It is purely a matter of speculation. And over these past days I have covered by losses today, and will keep shorting because I know more believe these guys than I do Billy Liar (who, by the way, I am fond of). I know shorters are despised by many. But I have come round to this vulgar practice from losing so much in the past be being an 'investor' when this casino stock market is decimating investors. When it is time to go long, I will. But this company does not warrant it (in my opinion). But I am pleased that people got lucky. Retail investors deserve a break! Everything in these markets is in favour of speculators and insiders.

As with everything connected with this share - speculation. - Good luck with your investments, and stock to buying UK companies you know about and see (if you are new to this) than wander down the road to Kazakhstan!

Yes, unfortunately, I was short, and got stopped out (on my spread bet). Down £350 today:-( But when rumours get going, no way can you run against them. Fortunately, I never took a position on Kaz today. -The game goes on! I'm happy you managed to be in the money with your long. Well done to all retail investors!

I was reading an article about an executive working for ENRC getting into a garrulous and nasty verbal scuffle with hooligans from Kazakhstan and this said executive being relieved of his position in ENRC African operations. Now, what to make of these shenanigans? Do we read this commercially, or politically, or both? I have some private thoughts about this, but as it is pure speculation, I leave for others to make to draw their own conclusions. Good luck with our trading.

Therese brought this stock to my attention, and having had a look, I say, let "Espirito Santo Investment Bank Research" put their money where their mouth is, and buy. - Disclosure: I will most likely take a short position here at some point. I see this heading more to the downside at present. The future, as always, is a different matter.

I am not paying much attention to charts. But good luck with your charting, anyhow.

Good day. There was/is a story in the FT today regarding ENRC's governance issues, and that this one issue is testing the willingness of institutions to regard ENRC as an investible entity. For my part, I will keep to my strategy of shorting on a daily basis, although I will trim the amount I am prepared to speculate with. In my view, this price bumps are speculators trying to tempt you to buy in here. Secondly, there may be some covering going on, but I think less of that. Good luck!

Trading is thin. So all prices you see here are fake.

How are you today? Thanks for your post. If you have confidence in charts and the fundamentals, then keep to that strategy. As for AZEM, I imagine it would suffer some repositioning to the downside yet, so would not buy at the current price. I would be interested in the range 180-200. Perhaps that's too low, but I would not consider anything else. I have no qualms of missing out if I am wrong. One just moves on!

While this company has great assets, but the politics of its business shenanigans stinks. - True, while in a rational world with competent management this stock should be trading above £10, the fiddles and the corruption leaves the better parts floundering. The only merit here is to day trade, if not 'hourly trade' this stock. Good luck!

Continued stagnation, more likely than not, alas!

Hello Therese. My method is what you may call 'personalized' and some things are best kept private. But if I may venture some advice - if you can not learn to trust yourself in this 'game', then you really should not trade. I always make an effort to read and listen to others (even fools can stumble on a gem from time to time) but always make up my own mind. I would infer from this that the bedrock of my method is grounded on this practical philosophy. And while I may offer some targets and predictions from time to time, you really have to rely on your own wits. - And as for my main ventures, well, I am working on (electrical) storage systems, as my background is in physics. It's only a matter of time before I crack this pot, because I know when I am on the right road after having traversed so many false ones. Good luck!

A report on the FT on Saturday read (first paragraph) "Bumi has indefinitely delayed the publication of its annual results because of millions in unaccounted payments made to Indonesian landowners." - It is cruel to gloat at the dismay that retail shareholders must be feeling. They invested under reasonable assumptions, that coal is an asset class in demand, and growing demand, and Indonesia is well place to supply an expanding Asian market for energy resources. It is these facts, the collective riches of coal and Indonesia's plenty, that are the bane of retail investors, because such countries are built on corruption. The risk premium is magnified. Thus, while I can see all too clearly the assets, I look to the background and focus there more when assessing with such nations capacity to deliver. The real culprit here was the amateur Rothschild who's shadow appeared to loom large, but was in fact the size of a midget's.

My method? - Cultivate patience, and you're my kind of gal! (with all due respect and deference to your spouse!)

Well, old chap, I was only expressing an opinion. And as I said, I would wait a few days. Good luck!

I am a great admirer of your brief posts, and can see from this you have more wit than just about anybody else on these boards. You are a true exemplar!

Addendum - Tony Cane interview marks out the fact, I think, that if we were to get caught up in this stock-market casino too obsessively, we will miss other opportunities. We really only need 30 minutes trading a day, and should spend the rest of our hours doing more productive things, and creating real wealth, than imagine we can all take money from person's pocket, and move it to our own, and think ourselves clever beyond compare.