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Nicky, we are on the same boat.RR did the dirty on me too. I sold RR to buy Aston and RR increased 20%. I sold Metro Bank to buy Aston and Metro rose 18%. I dig you brother. Keep Calm there'll be the day of reckoning. Good Luck to you.
Nicky, my reason for staying is that I probably loose my money elsewhere knowing myself. At least on AML the risk of loss is minimal(we know it wont go much below 50) but the upside could be huge. Plus all the indicators are flashing a rise within the next few weeks.
Dimi: I have been thinking in the same line. I thought of setting up a company and employ a couple of people to analyse the market and design a program for me. I even thought of India since they are pretty cheap. I don't mind investing with you. If you are interested let me know and we can discuss this further.
I'm new to this BB and have been observing with interest for a while. I am currently short on IAG (only today expecting a fall tomorrow) and intending to go long sometime this week. One point of concern for me is that if the price was predicted to drop tomorrow, people would have sold today why keep the share. Hence the general sentiment must be a rise. This wouldn't be good for me in short term but my medium term plan is to go long on IAG so thats ok.
GLA
Dear Dimi. Don't be disheartened, believe me I understand your frustration. We've all been there. I for one have not only lost on profit, I've lost on much more. I'm sure with your talent you will make up for it in no time. Thank you for your info our oracle.
The part that might not make sense at first glance is that "how are they protecting against shorts if they are stoping the rise"? Surely shorters benefit by price decrease and not increase. My answer to that is "the price must increase to certain point for the shorters to short or loan". in absence of a sharp price increase, there is no incentive to short.
The only way we can have a steady growth is that when the man in the sky starts selling to keep the price down, another party (not us because we don't have enough money to make a difference but by all means we can try collectively) buys all he has to offer. This can reverse the cycle.
This is how this SP is playing out.
There is a man in the sky who has a good grip on a large pile of shares, for every buy by retail traders he sells a bigger percentage and sits for a while in his cloud waiting. He then buys at lower price and so on and so forth.
Meanwhile us earthly creatures make all the analysis in the book ignoring the fact that this SP is not following the norms of the game, waves or charts. We cannot get disheartened because this is what the man in the sky wants and he is not our friend.
Nico:
It only points to one direction: Someone is keeping the SP at 50 level with an Iron Fist on purpose. I suggested a future privatisation but it could also be that they want to hoover crumb shares and increase their holdings.