Member Info for Stnz

Couldn’t buy the lowest point, managed to get my first buy of the day at £1.70.

Oh goodie.

One 20% or two 10% buys** (mis typed)

This is a topic with a few “ifs” however;

So tomorrow, what are your plans? I’ve decided I’ll be separating my daily buying allocation into four buys. I normally buy 10% of my wage a day, tomorrow it’ll likely be 20%. If it dips heavily in the early AM I may re consider the 4 buy intention, one or two 10% buys as opposed to four 5% buys. I appreciate the approach for tomorrow may have to be fluid, just curious as to your guys thoughts.

Anyone else have a strategy in mind?

Buy & hold. That’s my plan. I’ll up my spend from 10% to 20% a day this week I think, if things go how the majority of us expect. I’ll separate the 20% budget into 4 separate buys throughout the day, unless the very early AM dip (if it happens) is sub £1.30, then I’ll likely just buy as much as I can for the day.

Catchy understands it.

I agree, Xenor.

You are arguing that skewing odds in your favour with research changes the fact it’s a gamble? I honestly can’t be bothered to talk to either of you beyond this reply. Odds do not change the definition, anything that isn’t guaranteed success is a gamble. Yeah sure you can help your odds, you can do that in the grand national too.

All investing is gambling.

Absolutely fantastic news. Hope nobody was hurt in the explosion ofcourse.

Can’t wait for next week, more accumulation.

It’s so cheap! It’s just blindingly obvious to me what to do, DMG too.

If we go to £1.20 it should be a cause of celebration for the LTH Bulls. I’m convinced this BB is now majority troll, I cannot fathom why decreasing prices in companies that mine an appreciating asset is a bad thing for the long sighted.

No.

@ediblesquid

The share price currently to me screams buy. I am a fountain of knowledge, but I cannot force the stupid to drink.

At current prices/revenues we could buy out our market cap in 7 years. That is very very strong. There is no conceivable way this should be less than £3 a share.

It’s extremely bullish, bounced back incredibly.

Oh I agree Ian, I started buying in at 54p but honestly always look back and think “I wish I bought more” the old cliche. However this could well be a chance (not as low as 54p again ofcourse) but way below anything i thought I’d get to buy at again.

Revenue calculations roughly value us at £3-£3.60 currently.

I’ll be moving some money around Monday too if it drops further, let’s not over leverage and get carried away though. Stagger those buys in.