The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
When Dave Wall became 88e boss, he was asked what would determine his company's SP course. He replied with Edwardian languor: "Events, dear boy, events" .
Oh, whoops! Hang on a minute! I think I've got misquoted him.
I should have typed :-
"When Harold Macmillan became Britain's prime minister, he was asked what would determine his government's course. He replied with Edwardian languor: "Events, dear boy, events".
Anyway, I've had a modest top-up this morning. It's heads-or-tails after all.
Not fair to use a monthly chart I feel.
For example, I have had a look at Jan 13 to Dec 13 daily chart for Amazon with volume and the useful "on-balance volume" indicator displayed. There are quite few peaks and troughs in this year but of course there is a good rise overall between year-start and year-end. Have a look at the daily volume, or better still the on-balance volume , and you well come to a different conclusion. I have!
Anyway, Lefkosia, we have agreed to disagree on most aspects of charting/TA. We will continue to do that I know, so don't feel the need to reply to this! It will bore everybody else, whereas at the moment the only thing I want to bore at the moment on this 88e-board is an oil-well !!
Fully agree cd66beta, so another modest buy from me this afternoon on this corona-drop. Buy the lows if you still believe in the fundamentals, but run with a firm stop-loss of your choice.
My moving average 88e-buy highlighted at the beginning of Nov last year is still intact.... just! Very close now to my stop-profit though, I have to say.
There is such a wide choice of approaches to charting/TA these days with literally hundreds of indicators etc available at the touch of a keyboard key, I find half the fun of this game is settling on those that suit one's own style of investing/trading! After much experience (good and not so good) I'm reasonably happy with my lot!
I rarely use charting though on small cap AIM stocks.
Thanks for the timetable Jiddy. So converting that to GMT we get : -
he schedule for the upcoming Nordic #3 Rig move has changed slightly. It is now scheduled to leave Deadhorse at 1:00PM. Please see the schedule below for approximate times and locations for the rig move.
· Depart Deadhorse at 1 p.m., Saturday, Feb. 22
· Pullout at mile 412.7, road open from 4 p.m. – 7:00 p.m., Saturday, Feb. 22
· Pullout at mile 404.9, road open from 5 – 6:30 p.m., Saturday, Feb. 22
· Pullout at mile 400.9, road open from 6:30 – 8 a.m., Sunday, Feb. 23
· Open road at mile 386.7, 6 p.m., Sunday, Feb. 23
Please check that my weekend brain is correct. ( "weekend" that is, not "weakened" !)
TD 19-58 ; not "mes amigos" - that translates as a fairly meaningless 'month friends'.
Spanish for 'my friends' is "mis amigos", either male friends or females + males. Just female friends is "mis amigas".
That concludes today's Spanish lesson. ¡Adiós amigos! Hasta la próxima.
If we were to get to £1 per share, and went for a FTSE-100 listing we would be ranked at about 50th by market cap.
A ridiculous idea then, …….. and definitely no chance by the end of the week !!
A 10p party would be a nice idea though at some point in the distant future - if conventional, HRZ and Yukon were to come good.
Having met some of the folk on these boards several times, I know those in whom I would be inclined to believe!
Not aware that I've met you 01234, so no - I may not believe what you might say here!! Respect, and all the best, anyway.
OK, Lefkosia. Agree to differ.
I'm certainly relaxed about animated but polite discussion on BB's - that, plus information/updates about the topic to which a thread is attached, is just what BB's are for is it not?
But discourteous, rude or abusive posts I do not applaud, and it seems admin take a view on that as well.
Thankfully we are provided with the "filter" button by lse, which certainly is useful at times. Thus I have never been "warned" by admin (as yet!). Good - I'm all for the easy life!
All the best to you.
Interesting ASX data for that 2016 period Brom! Thanks.
I hasten to add to all this that I do not use TA much at all for news-driven AIM stocks. Furthermore short-term trading signals are of no use if, like me, one trades shares only - you are defeated by spreads and dealing costs generally.
Lefkosia - Good to see the typing has improved of late. Here's to a longer remission.
You say - "explain why price rose from 2p to3.8p between 11 july 2016 and 22 aug 2016 on low volume".
I have had a closer look at this period, which IMO could merit a closer inspection than you portray.
1) The closing SP did indeed rise from the 11/7/16 at 1.70p but peaked at 2.03 on 15/7p.
2) It then declined slowly until 4/8 at 1.85p.
3) Subsequently it rose fairly smartly to 2.53p on 22/8.
During 1) - the av daily vol was 53/m/day
During 2) - the av daily vol was 22.4m/day
During 3) - the av daily vol was 46.2m/day.
Admittedly, trading these 2 rises and longer decline would not have been easy!
But if you are chartist and follow the indicator "on-balance volume" you might have stood a much better chance. That gave good signals. As did the T-line, as it happens, you will be pleased to hear.
All this posted with respect and in good faith - just saying nicely that I don't agree with your conclusion. So if you do reply please leave out the snide comments otherwise it's the filter button again I'm afraid.
For the majority of non-chartist posters here I'm sorry to bore you, as we all wait patiently for some Charlie action!