Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Nothing goes up in a straight line. If we shot up tomorrow the likelihood is you have too many people in profit, they sell and we end up falling back anyway.
I fully expect us to close the week near £2.50 based on absolutely nothing but my own opinion. Technicals show we have turned up on the weekly RSI which is good, right now it’s speculation for all we know THG could release an RNS tomorrow that blows the article out the water.
Without getting into it too much I’m of the opinion the article is aimed at weak retail investors to free up shares so the shorts can cover.
Seen it with other shares, whilst I’m not saying past performance of any share is indicative of future performance it stinks of desperation. Journalists on the whole are not very well paid and therefore may at times supplement their income doing paid articles.
In order to write such an article I would very much like to see the journo’s own portfolio to ascertain his real credentials. Same principle how a business professor can teach business yet doesn’t run a successful business?
All my own thoughts.
I took a small position today, had them in my watchlist for some time. From a technical standpoint it's oversold, I don't think the results were bad, not in my view anyway. Liberium have a target price of 275 which was issued this week, the balance sheet is strong, with net cash of £19.9m, and the dividend has been reinstated. Management has completed its Improvement Plan, despite COVID disruptions and the platform is now in place to leverage growth in STEM markets. FY22E has started in line with expectations.
From my point of view technical wise, it's oversold on weekly, daily, 4h, 1h etc. The RSI and the stochastic are both oversold to a point I haven't seen in a long time. The MACD for the weekly is still in a downtrend however looking bullish on the daily and the 4h.
All in my own opinion.
If you are questioning my belief you are very much mistaken. I’m sitting on just shy of 200,000 shares at an average of £1.93 having been in since 34p. I’ve taken a healthy chunk of profit off the table and Argo is my largest holding.
The silence from PW leads to me to believe listing is imminent or we haven’t applied at all. I know which I would prefer.
I’ve been a staunch supporter of PW throughout. However, I am starting to find it bizarre that he won’t entertain any questions regarding NASDAQ, other miners announcing an application which doesn’t necessarily guarantee acceptance.
Is this the twitter post or did I miss an RNS?
Morning all, am I right in saying it's the US tax deadline this week. The last week in march was dreadful for UK stocks but did provide some great buying opportunities. If we see a similar pattern in the US I'm expecting a decent rise in all miners from next week.
All with the caveat of this is my opinion etc, but I am extremely relaxed about this mini dip. Technical show stochastic RSI heading towards 20, once we move above we should see a nice rise here.
That's minus any news in the pipeline.
Very strange indeed, I've been asking myself the same question. Is there something I'm missing here, happy to hold.