Member Info for Sidam

Don't know much about satellites but share price seems to be going into orbit this morning.

Looks like your prediction of a bottom around 290 was pretty much on the button. I added to my holding at 294 on Friday morning and today is the second strong day in a row.

Can someone [please explain why miners are getting hammered as much or more than oil companies today when oil prices are falling steadily while copper, for example, is actually firmer today? I have no gripe as I am losing plenty in both sectors!

This is the curse of shares on AIM - not enough interest paid to them by most big institutions and subject to constant manipulation. No wonder AIM shares have underperformed the main market for years. Having said that I bought some more today, after the price fell back, because I cannot see how the SP won't eventually return to the levels of the end of last year. As usual, it's a case of waiting for the shenanigans to subside and real valuations take hold. GL

187 and 193 resistance levels taken out. Looks like this one has really turned the corner.

Looks like you got your timing about right - the submarine has started pumping out water and is rising from the sea bed! GLA

You certainly made a good decision in the short run. Buffett also said "Be fearful when everyone else is brave and be brave when everyone else is fearful." IMHO in the long run those who are brave now will be handsomely rewarded.

I agree. Classic shake-out to trigger the stop losses to produce a buying opportunity. Similar pattern at IPF recently and currently with Regenersis and Pace it seems to me.

You are right. Posted in a euphoric moment. I traded between 340 and 390. Next time I get some good news I shall lay down in a darkened room until the moment has passed rather than make a bloody fool of myself!

That should have been bought at 435 - apologies!

Many sympathies. I have traded this share many times on the 430-490 range and on Friday bought at 335. Sold this morning at 491. Sheer luck I am afraid.

I am with you on that - GL

I seem to have held this Israeli based company's shares since the days of King Herod and during most of that time they have been falling or on a plateau so this is a welcome surprise!

Cheers for that news - and very welcome it is too!

Back through the 220 resistance with a bang - is this at last the turning point?

I agree with your sentiments. What puts me off buying more is that I can't buy enough to make the market makers and others take note! It seems that so many good shares just do not register on the radar; perhaps the curse of being on the AIM market. The AIM market has had a dreadful for some time now.

Yes - I was pleasantly surprised this morning by both the smaller than likely fall in the share price and the fairly good volumes. This is, as you say dduck, a very frustrating share but sooner or later the embedded value must be recognised mustn't it????. Perhaps today is a beginning. GLA

Been away from the scene for a few days so just picked up your messages. Both very informative and answer my question as to why sentiment seems to have turned . Thanks very much. The SP continues to go onwards and upwards and long may it continue!

With you on that one. But it so often seems to be the case that shares initially fall on good but not outstanding trading news only to bounce up the next day.

Very positive momentum in the last few days and briefly above 200 today. Nobody seems to have a good thing to say about this share so what is going on??