Member Info for spbhoy

Agreed Roscon. The Teca board more or less confirms as much and there was another prat on the AVFN site openly saying he was shorting. They seem to suggest what is going to happen, but are actually co-ordinating some sells to make it happen, whilst at the same time telling each other that the charts etc show what is due to happen.

I've no problem with charts, but in some recent cases some of these traders are creating the patterns that we end up seeing on the charts, rather than normal trading patterns creating the patterns...manipulation if you will.

I'm happy to let them fill their boots as they will not have success 100% of the time and they will certainly fail if they are shorting when good news drops. Some are happy with 10%-20% gains here and there, BUT the BMN story is worth way north of that, so I just keep adding where and when I can afford to....it's worked very well for me so far.

Bid just ticked up a little bit in the last 10 minutes to 37.20p and they'll happily take 100,000

Would not be surprised if those who shorted down to 30p, then closed and bought back between 30p-33/34p are now re-shorting for another walk down. They make their 20-30% three times if it works out for them and perhaps even four times if they don't get caught on the second short before closing

And they'll happily take 100k plus...just went to 38.90 while typing

I'm getting Bid from barclays at 38.80p

Exactly Cindercone. I now suspect that many of LTH will look at future SP highs and perhaps put some plans in place to sell a few just in case this scenario repeats itself.

I have already decided that the chance of picking up a few extra shares by selling at next peaks and buying on dips is a risk too far, and I will therefore just sit tight as always and wait for the SP to reach its deserved levels...whilst adding small amounts on each dip.

It is certainly frustrating at times, but has been highly satisfying when we have hit the various highs throughout the last 12-18 months.

Well that only took about 20 seconds for the post from the "reincarnation" to disappear. Lol

Well that only took about 20 seconds for the post from the "reincarnation" to disappear. Lol

I guess it's safe to say that we will no doubt see some more large, well timed sells to keep the downward pressure going for a bit more, on the basis that without news, the shorter feel safe enough to do so.

I'd be surprised if some LTHs may not have sold a few with a view to buying back cheaper. For the record, I have not, and indeed have managed to add a few more yesterday. Should I have sold when we were around 40p? Perhaps, with hindsight, it would have made sense, BUT over the longterm, it would only have meant a little extra profit, while my entire holding will certainly make me a lot more.

My favourite word recently is patience. Helped a lot by the distraction of a week's ski holiday in a magnificent chat in the alps....happy days.

BMO Capital analyst Alexander Pearce initiates coverage on Bushveld Minerals (BMN:LN) (OTC: BSHVF) with a Outperform rating and a price target of GBP0.55.

Cannot get any more just now

From little acorns.....mustered up another £2k to buy 6382 at 34.375...thank you MMs.

Agreed kevgrimmley....many of us have been in similar situations many times before. It's always uncomfortable and frustrating but we have come through it every time. I have no doubt many larger holders will have managed to keep a bit of a war chest and in doing so have hopefully grabbed a bargain...my war chest is all in at the moment, so it's back to my favoured option ....PATIENCE.

Now also getting NT for any large sell....are they trying to suggest that they don't need any shares. If so, they must have a very large sell...or they want us to believe they have plenty of shares. Time will tell if someone places a large order.

34.55/34.8p Bid/Ask.......large opening drop. Just cheesed off that I've no extra funds to grab some more

36.11/36.4p Bid/Ask.....hard to say if they are upping the SP to walk back down or if we are just going to have a good day....Roll on seeing that big sell to clear the decks

inserting should read interesting

Very inserting reading and appreciated as well as understood as to why you did not divulge the projected numbers during the current downward period....interesting to now see what transpires. An upwards trajectory may win quite a few converts to the theory.

Not really seeing any large sells to back up the drop so we can assume that there might be another large one in the background like yesterday.

Not ideal watching the price drop when things appear to be so good, but i've always been interested in the destination of this journey and not the interim highs and lows, so i guess it's just a case of another dose of patience.

Agreed and with the Bid now at 35.05p there may be a few more. A good win for the shorters at the moment

I've got patience in spade loads Alfa. No problem and well done/thanks for all the info. Exciting to say the least.

Not seeing part 2 Alfa