We would love to hear your thoughts about our site and services, please take our survey here.
As I said last week the majority of these are EFT or Gold trackers of some description. This will rebalance following the recent market cap decline. They have no choice buy to buy. It is complete and utter nonsense daily here. I have said we will go higher, but the constant inane rubbish about big buyers and random rips higher is unbelievably frustrating.
I am talking about someone coming in and buying a decent chuck of the free float, where it is not necessary for them to do so for EFT/fund exposure. All that this shows is noise.
Exactly, because they are giving the institutions who want to buy all the shares they can get their hands on can get them at cheaper rates. We all know what is going on! That is why we are pushing 40% off the highs and we will double next week out of nowhere.
I'm sorry nobody was pulling this blowholing so far this week so I said i would get in there first.
Markets moving nicely higher. Precious Metals tearing higher. Corpper at 8 year high more or less still. Damn MM's taking this lower so the phantom institutional's who have figure out ways around reporting large stakes can load up here! LOL
Is only one reason and one reason only we are now down 8% today and 35-40% off the highs and that is because the magic institutions are buying lads. They will be buying over the weekend too because the institutions can do whatever they want and we will open up at 50p then Monday morning. Give it a break. Good grief.
Institutions that are "buying" will be able to buy us outright at this stage!
People are asking what is happening....
1) This is the AIM. There is not even a semblance of an efficient market structure here.
2) This is the AIM. Good news gets rewarded exponentially. Bad new gets clobbered exponentially.
3) This is the AIM. People were pricing in another whopping gold find. We got nothing.
4) THIS IS THE AIM. We will rise when the time comes, but banging on and on about it daily is going to make us all peeved off when it doesn't happen.
There is a massive institutional buying looking to pick up the rest of the remaining float here and that’s why we are down today again is it? This is hard to watch, but the reason we are dropping is that Scally was a disaster and the momentum is gone. The mms will take it down until that returns. Please stop the blowholing. We will move higher, but it is going to take something big to kick start it again. It is coming, but the inane daily posts about large buying and moving to 30p by then end of the week would drive you nuts. Also let’s not forget a massive swathe if people are now down 20-30% too. I’m sure some of them have limits and are also selling. The rest of us are fine, but some are suffering.
I mean a lot of those are EFT's or funds that need exposure to Small Cap Mining Exploration Companies and we would be there regardless. We have no large single holding. Anything over 3% is what I would consider material outside of the obvious ETF.
I said it was small, but it is still going to push the value of every share we currently have down. I also said that the MM's are going to walk this down.
I also said that we are going to move higher in time, but can we please give up on the 35p by tomorrow on the back of news rubbish? It is constant. I am here sub a penny.
The reason I said we are going to move higher is because of fundamentals. it is the rubbish that we have to see about the daily shareprice here is what is bothering me.
Are going to walk this down despite the continuous blowholing we have here on a daily basis. The momentum has been completely zapped from this following the Scally RNS. It is obvious that no Institution is buying. We haven't even had a TIER RNS showing that anyway has taken a serious holding for a long time. We will rise in time, but the rubbish that goes on here daily is numbifying. We are going to drop today because we now have more shares on issue. It doesn't matter how small a dilution it is, all that matters is it is a dilution.
Can we please stop with the massive buys are coming, the drop is fake ****e. Same thing yesterday. It drives the rest of us nuts. As I said yesterday, regardless of how good it might be, that number was not what anyone in the market was looking for. And putting it out regardless of the fact that it will grow was always going to hammer the share price. Nothing wrong with it, but we are dropping because the market expected more, and so did everyone here.
It is so frustrating to see the idiotic comments about big guys coming etc. This is going to get murdered. Either stay in and wait or get out but stop driving the rest of us nuts with that usual horse****e. This is NOT what anyone was expecting and we are going to be punished because of it.
As the next fella here. But can we relax on the over optimism. This is a poor initial number. We were all expecting more don’t deny it. Regardless of what is included here, the share price is going to get hammered. Yes it will grow in the future and the sp will follow. We ain’t going higher on the back of this.
I am also happy to see a rise. However, it was inevitable that when a vaccine announcement was made we were going to see upside movement. Only thing is, nothing is going to be anywhere near back to normal for at least another 12 months. Xmas won't magically turn around. I would like to see sustained strength, but I am skeptical.