Member Info for stockdale

Me again. Sorry.

It's pretty limp at the moment. Oh that ....

It's been 2p throughout November so the short termers are selling for a quick and decent profit. Once they're finished this should rise.

Snafu?

I had some difficulty. Tried fill or kill with no luck. Kept pressing the buy for lower amounts until it succeeded.

Sell at the bottom? Not a good strategy.

However currently people are selling for less than the bid and buyers are paying more than the ask. Usual MM games.

It was a total of 218708. And my ISA account thanks them.

'They' LB28 was me. A straight buy.

Are you referring to the buys at 10:07 and 10:08 LB28? They weren't fills. Just straight buys.

I would think they would probably retain more than £200 million out of £1 billion Blue. Personally I would think Monchetundra would sell for at least £1.2 billion. The company could retain around £800 million leaving around £400 million as a special dividend. That would result in around 14p per share paid out as a special dividend which would be good for shareholders and would bolster the share price. It would also provide substantial funding for the West Kytlim mine. Of course these figures are stated without any actual knowledge of the situation on the ground and the BoD would know that situation. Other figures are available.

Personally would prefer an asset sale. The company retains a mine with the sale of the other providing a special dividend to bolster the SP and has funds from the sale to fund the development of the retained mine, making the company financially independent. However we don't have the full picture which the BoD will have. Too many on here spouting a preference as if the BoD should carry out their preference.

Now that the MMs have had their fun at this level maybe it's time to raise the price to 4p+? For some a decent profit is just that. I would be slicing a bit if it were to go there. However I'm not prepared to sell any at this level having seen over 4p recently and expecting a lot higher at the time.

Some seem to be suffering the delusion that the current SP is fair value. We all know that's nonsense. Just taking a tiny percentage of the overall value of all the PGM metal gives a figure considerably higher than the current level.

Is the SP rising this morning? It is at the moment. Some way to go to just get back to 4p.

That question and the statement saying it's going to be a great day today are the two that set the de-rampers going. Negotiations have been on going for months but could finalise today, tomorrow, next week or in a few weeks or months. De-rampers love it when these things don't happen today to come on here and laugh at us.

Cracked it:

http://www.infomine.com/investment/metal-prices/palladium/1-day-spot/

$1901.94

How nice of you guys. How duplicitous.

They're negotiating a sale or partial sale. So yes.

People who are invested are generally fair and want to see their investment do well. They are rightfully angry when idiots come on here and attempt to damage the SP with disingenuous rubbish.

Anyone who listens doesn't deserve profit? Just read that back to yourself a few times.