Almost time to jump back in, shares entering very sticky hands....
It seems to be doing what it should be doing after such a big rise, however infuriating that may be to me.
https://www.tradingview.com/x/9J9EmW4p/
Yeah, seems to be a contradiction between this,
“95 samples were taken across the projects, with assay results expected late October 2020”
and this
"Alien Metals looks forward to reporting the full results and interpretations and associated next stage plans once received in the coming couple of weeks."
Don't take LSE (this site) as gospel as to what trades have been done and whether they are buys or sells. The site tries to guess whether a trade was a buy or sell, if you want to see your trade on a list, check here.
https://www.londonstockexchange.com/stock/UFO/alien-metals-limited/trade-recap
As you might of noticed this site has been up and down the last couple of days, would not surprise me if they missed a couple of trades.
Yeah, getting ready to go, L2 currently 6x1.
Same here, topped up again this morning.
Got to be a firefighter in situations like this, run in when everyone is leaving.
With the prospect of the results on Friday or Monday, you would hope there would be some speculation.
7am RNS would be nice
Indeed, people are going to be buying for safety for next couple of months, if not longer. Aren't gonna just leave the money sitting in their banks or share dealing accounts.
Commodities and miners for the win.
Indeed, complete pile of a day. Look at the leaderboard - https://nearer.io/leaderboard
First time no 6 is a negative with the top one only being 5% up.
I am hoping on an RNS before, being a safe haven can be a good thing.
On day's like this, it's best to just let the MM's feck around and just not pay attention.
Worst thing you can do is sell on a stupid spread, jump into something else and get screwed on the spread again.
Yeah, considering the fookery that can be done with silver spot, I wouldn't be selling. Just going to absorb the red and ignore it.
Herd mentality is weird though. My take is a lot of the damage is already priced in and most certainly over priced in, in reality democrats usually bring longer and more stable bull runs.
Indeed, going to have a general market sell off until Wednesday when the election result is known. The FTSE might even dip into the 4000's.
Guess what though, that is the 3rd November. What do we know about this stock? The assay results are in before that, no point doing a run to safety when this has a very high chance of reversal before then. Whatever the result of the election commodities become king, due to the sheer amount of liquidity pumped into the market by global governments.
Reminds me of the Corrona sell off, everything goes down and then the winners float to the surface.
Every sector that I am following is RED, wider market forces at play - https://nearer.io/sectors
Just to put all the nervous holders at ease, here is the chart of where UFO is now that I posted earlier.
https://www.tradingview.com/x/uxxqzDfl/
and here is what GGP looked like after their last big rise and then pull back (ignored everything after the yellow line when drawing them).
https://www.tradingview.com/x/kmlndcbm/
and then zoom out
https://www.tradingview.com/x/768EnSXD/
Sure, just the way it goes after a meteoric rise, never going to go up in a straight line. Incoming news flow and attention to shareholders is what matters here and they have proven to exhibit both.
Good reason that Zak Mir mentioned staying above 1.30 in the share talk video today, as that would be a reversal on the trend. Anything between here and there is just noise and top up opportunities.
"Well you said was identical which it's not as you surely have to factor in the time at which this is occurring x % increase. But I have faith long term like you"
Identical not in the % increase, but in the % of the pull back from the increase.
Just another GGP example from Feb to back up the last statement, but could have pulled it from anywhere.
https://www.tradingview.com/x/tIht2hB8/