Member Info for Stupmy

JG mentioned that Stockopedia now has CPI classified as a sucker stock. I did a little background and here's an article from 2015 that might be of interest to some (it's from Stockopedia).

https://www.stockopedia.com/blog/sucker-stocks-why-do-we-love-to-own-the-worst-prospects-in-the-market-112389/

Nice chart by the way boyo. We're very close now to finding out whether the previous low at around 431 will act as support. That's entirely possible, but for how long. I could be tempted to trade a bounce, but it would be a small speculative trade if I did.

I thought Whiz Air's figures would have a positive read across, but that's not the case for the moment. I still think we'll see around 500. I closed my previous short around 520-525 and opened a new one around 563-565.

Boyo, I just filtered him, sounds like a t i t to me.

No-one can see the future, but holding the view I do has saved me entering far too early. I'm comfortable with what I'm doing.

I just looked that up JG and it seems you're right. Not a good luck for a stock mind.

I bought a few.

The price is now sitting on the previous low of 12.8. Might be a speculative entry?

I posted this on Mar 4th

"435 or lower is looking very likely now. Although I guess the previous low around 447 might act as support. We could even see 385 or below. I'm doing my best to be patient and wait for evidence that buyers can turn the SP around."

To me, it's looking increasingly likely that we will see that 385 or lower. I guess there's a chance that the previous low around 430 might represent a support, but I suspect not.

https://screenrec.com/share/UocihLEnI4

Thanks Stevo.

They must have some collateral to lend against so I guess (risky thing to do) that AB/ENQ know what each possible endpoint is.

What's your take on that Stevo?

I've dropped about 35-40% of my leveraged positions. Market seems to want to sell it down a bit. I still think there's a good chance we'll see 12.75 or below, maybe even 12.2 or below. I'll be looking to add if that happens. I've not sold any shares.

I think it's just the MM's looking for volume. For the moment the bottom around 435 is still nicely intact.

Almost like you caused that rise Bu gg er, but I see the report timing would suggest not!! Thanks for posting anyway.

No divi cut Tamovv as far as I can see. Good debt reduction and fcf, but reduced production in 2024 (56-61 kboe).

I wouldn't be surprised to see the SP pull back to 28-28.5, but do think we'll be seeing 31.75 and even 34 or over in the near future. The SP went above my b/e today, but I've not sold anything as I really do think that I'll see a profit. Good volume on the movement today. Thanks for the explanation for that movement Scotp

It sounds exciting Bonker, but I have no idea how to interpret that? Any chance of an explanation of it's significance?

Agreed LW, but I think Crypto is really a red herring. Fiat currencies are already digital. Then it comes down to regulation/traceability etc and big CORPs/sates are on the case. I agree with him also on Crypto and don't touch it. Maybe I'm just a luddite and need to work around ideas that involve producing something, owning something, being able to build things etc.

I'm very interested by Peter, but he doesn't seem to have moved his stance over the years. That could mean that it shouldn't be moved and he has courage in his convictions, or it could mean that he's just 'stuck'. Personally I find I'm in tune with him and like him and his views.

Thanks LW, I try to look it out. He looks to be drunk often to be honest and also somewhat bitter about his views on PM's vs Crypto and a bit like a stuck record (in an interesting way) on Polaroid and other tech stochs of the period.

FOMO, I bought some more just below 450. My 442 limit did not trigger. That still confuses me. So I guess my average now is about 445

I watched Peter Schiff yesterday podcasting and he was recommending buy gold/silver and gold/silver stocks, don't wait for pullbacks, buy and hold and you'll be rewarded in the PM supercyle like you've never been rewarded before. I sold all of my FRES (mean entry 452ish) and have bought back 20% at 441 today. That's a huge advantage. If he's right about the PM supercyle and I think others have suggested Silver/Gold will break out and head to the moon, then FRES appears to be undervalued. It appears to be a trade with somwhat limited downside (nothing is safe and no-one can see into the future and I believe a significant holder is selling and I don't know why).

peter was drunk and he admits it on the podcast and you can clearly see it, but he's not a fool. For anyone interested, here it is:

https://www.youtube.com/watch?v=dkfBPYLuGQg