Member Info for ShotgunMike

I day trade US stocks, this pattern happens every single day. Solid news released, flurry of activity for the first 30 mins to an hour, a nice rise, it moves up in waves to 30%, 50% maybe even 100%+ up, then it sells off for the rest of the day, it might get a second wind, but once it loses volume and trader interest it drops. Stocks on AIM are no different to the penny stocks in the US, except those are bought and sold with far, far greater volume. The spread on AIM can also be pretty brutal, this is a bad stock to trade, the MMs are good at keeping the spread wide here.

On concrete funding news this will fly and perhaps sustain a rise for much longer, but my advice to anyone who wants it is you really should slice profits. Sell some high, and if you believe it has further to go, buy back when it inevitably pulls back. Here endeth the lesson! 🤣

I do very much believe in this stock, which is why I will remain invested here for the longer term. Genuinely good luck to all of us, I've been in this stock for 4 years, it's about time it started to fly!

My own investment plan is to have a core position all the way past funding and to the start of production, maybe beyond. However, the last time we went vertical and I didn't sell a bean I felt like an idiot watching all that lovely profit walk right back down to where it started. I only sliced a tiny % of my holding today, right at the top, but you never feel bad cutting a little profit, especially when it's a 100% return.

Chart is already tailing off, there'll be no more fireworks today folks, it's just a LOI, but a nice opportunity to slice a little profit. I think it'll walk down a touch again but will find a new support perhaps around the 10p mark, before the next leg up on more concrete funding news. NOTHING GOES UP IN A STRAIGHT LINE! Cut your profits along the way, paper profits buy you nothing. GLA

All these AIM stocks seem to follow a similar pattern. All the excitement when they release a positive RNS, then they drift, then they inexplicably get hammered down before a bit of accumulation and an uptick, then the news and another buying frenzy! I got shaken out of Cap-XX on a stoploss recently, fell hard for no real reason, then did a nice 50% increase the next day, my loss! I would expect this to accumulate a little today and fingers crossed for an RNS next week.

I bloody hope so, my stocks have been battered this month! GLA

There has been perhaps less buying than I thought there would be today. This was one of the last real hurdles before we're waiting for the funding news drop. I guess investors want to see more concrete funding news, but I think we'll see some steady accumulation again in anticipation for that news. Glad I topped up a touch more yesterday. Frankly, imo there is no chance this doesn't get funded. If it doesn't it'd be like seeing a £20 note on the pavement and not picking it up cos bending down was too much effort! Capax is a drop in the ocean compared to what this will bring in. GLA

I guess this is why my stop loss at 0.32 got hit last week, despite the recent rise to near 0.4 and no real reason why is dropped so dramatically from there. What a shady place AIM is. Best of luck to all you holders at any rate, hope it zips up for you. My fingers are crossed for a rise at TUN today!

Tbf, all my other shares have gone down recently so I'll be happy if this one goes back up! 🤣

A timely update about the FS and a nice acknowledgement of the shareholder support. Let's hope for some increased buying here today. GLA

Not trying to ramp in any way, I think AIM is mostly a casino and I've been trading less and less on it. But this stock is going far too cheap! Just topped up another 10k shares. We are so close to some huge catalysts here and I firmly believe this will fly. Nearly all the stocks I'm in on AIM have been battered recently, so hoping for an untick here this month!

GLA and DYOR.

Nice, that's a good chunky end of day buy. Bring on the news and the inevitable re-rate! GLA.

Ah well, lesson learnt (again!. Exiting on a tiny profit rather than a loss, so hurray. Might get takeaway tonight. 🤣

GLA, not re entering here, moving my money out of AIM stocks, getting burnt too often.

The longer I've traded AIM the more I can see what a volatile and manipulated place it is. I've seen myself up on so many shares and refused to sell, thinking it'll keep going, news must be incoming etc etc. Slowly learning that if you're up, just sell as it's almost guaranteed to go back the other way in short order. Got stopped out today at 0.312p, why on earth did it even go up to 0.4?

The markets are mad! I do a bit of day trading on the US stocks, and yesterday a company called VWAV released some news about a $50m crypto play. Overall, the news will have big dilution consequences, but the market went mental and it pushed up over 350%, it'll obviously crash back to earth at some point, but still, wow!

The markets are an irrational monster that feeds itself at times. Today's reaction to the quarterlies and the presentation are totally irrational, and I guess this is what the stocks markets do. Hype and sentiment are often more powerful drivers of SP than the fundamentals. Eventually fundamentals will win here, but for now we are slaves to the sentiment, and sadly, the Aussies! 🤣

The market never fail to amaze me, what an incredible overreaction!

What an interesting and uncomfortable situation we find ourselves in, at the mercy of the Aussie investors.

Good luck everyone, about to see my measly 16% up fall back down to minus figures this morning. Ah well, long termer here so hopefully it's just a blip. Onwards and upwards.

Boom, love to see it. That's some confidence right there. You don't enter a position that size on a whim. I genuinely hope we get some news soon, we're due it!

Why is anyone talking about this going down, this is only going one way in the medium/long term and that is up! Genuinely these types of shares are not for trading, they are for investing. Place your bets and watch the reward come in several years from now.

If you want excitement, go and do a bit of trading on the US stock markets! Now those stocks have rocket fuel!

Yeah, Gingy, seriously for your own health, chill out. Nothing goes up in a straight line, this is waiting for news, but it will move up and down along the way. It's a small float but there is literally no reason for anyone to dump their position and send this crashing down. It's primed and ready to pop on funding news. GLA.

Bit of a crap pump and dump though, if that's what it was. The spread is soooo wide on this one that's impossible to trade without major lifts like we saw a few weeks ago. Good luck to them in any case, they probably sold out to get in to EME. Who saw that one coming?!? I got burnt on that one on the previous RNS and sold for a loss as it dropped like a stone, I thought buying back in when it hit as low as it did was a fools game....WRONG! 🤣