Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I fully agree - they should never have said shortly - it was always out of their control. However, that RNS was sent to bolster the sliding SP and reassure the investors - exactly what you are now asking them to do.
You setting a stop loss is no one's fault but your own. This is AIM. You know why I'm never wrong on my predictions? Because I never make them. It is bandit country out here. We are all victims to the market makers, rampers, derampers, BoD's own foul play, etc. Protect yourself. No stop losses. Invest your money like you need to get rid of it in a hurry. Prepare to play the very long game. Get out only when you know you're never going back in. And listen only to facts.
That, Expert Trader, is your finest post to date, and I'm fully on board with it. We may not agree on Budd's capability to execute, but I think we both agree that this is the best shot at a sale he has ever had, and it may even be that customers will buy in spite of his sales ability rather than because of it.
I will disagree with you on stop losses though. I've never set one and glad I haven't, as I've seen too many market maker raids randomly dump a share to below an obvious stop loss point just to trigger such sales (ask anyone with shares in EUA). Sell when you want to, not when they want you to.
All trades have a bit and a sell. Each trade's sentiment is flagged as a buy if someone has gone or if their way to try and acquire more shares and so will pay higher to get them; the completed trade price nearer the market's going ask price (the higher end). Conversely, some one trying to get rid of shares will accept the lower bid price of the market. For example, if at a given time the market is generally paying about 20p to buy shares, but will sell to you at 23p, any trade at 21p is flagged as a sale, and a trade at 22p are flagged as a buy. 21.5p trades will flag as unknown.
Is nothing more than a crude indicator of market sentiment and in a fast moving market, is often wrong anyway.
Wrong. I loaded all I could afford at the time, and i still have them all. I don't want any more, but I fully get that others do. I'm cool waiting on what will be. I have no insider info to trade on, so I'm just following the money.
Read my posts - my only negativity is a healthy scepticism of David Budd based on years of bitter experience of his proven incomptency.
So when I see blatant factless ramping - be it predicting rns or SP nirvana, I call it out for being the exact sort of ramping nonsense I too fell for at the start. If new investors believe the rampers they lose their money. Tell me how that puts rampers on some sort of moral high ground?
Some sales are now baked into the SP of course. The question is how many. The market cap will be determined by the ultimate sales numbers, which in turn will determine the SP. If you reverse - engineer this, you'll see that the baked-in sales is still very low for the market potential.
This is very basic stuff Beardy, but I hope it has educated you somewhat.