Member Info for Stupmy

Thanks Nick, I'd forgotten about that. Amazing how fast I forget, it's had a big impact with spoons as well.

So you've been holding since 2016? That must hurt, with hindsight!

There's a lot that goes on that has nothing to do with conspiracies. Often when we don't understand something, we make a non-rational rationalisation that it's fixed etc. Not all of it is, we just have to do the work to understand it better.

For those interested in that type of thing, you could take a look at youtube 'The secret mindset', I'm not saying it's all perfectly correct, but it's a bright take on avoiding traps and problems and improving trading etc.

That's the way I see it too Marty, but I get a lot of stick at times.

He was obviously very good at what he did, but it would seem he was also an inveterate gambler. Bad mix on the stock market!!

He was possibly not the best example. His fortunes were up and down like a who res drawers. I think he finally shot himself aged around 63!!

OK, thanks. Interesting. I guess that speaks to the history of the company.

Sorry Marty, didn't see this. The 4, 2/7p is the original listing price for WG shares? I've just googled that and can now see the 4, 2/7p on a document, but I still don't know what it means to be honest? What exactly is 4, 2/7p? Sorry if it's dumb.

Decent jump on increased volume. news released?

It was a good trade and a quick profit. We all do things differently, my point was that earlier you had a pop at me to say no-one can see into the future (which I agree with 100%), but you're doing the same thing. You're projecting your ideas into what is more likely to happen in the future. You took the risk, you were right and you quite rightly got a profit for it. It seems to me to be exactly what we all need to be doing. Buy low sell higher.

Even on YOU in your pension, you are projecting your idea into the future and fingers crossed you'll be right and get bigger principle sum in your pension. The biggest difference between what you're doing in the pension vs the SB account, is 1) time and 2) need for acess to the money (which is also time related).

You'll get no criticism from me for taking risk and getting rewarded for it. But it does, necessarily involve 'looking/guessing' at the future. Best not to do that completely randomly, best to have a rationale to identify where a profit is more or less likely.

So that's on behalf of Sidara (puts at least on discussion to rest) and it's both buys and sells with a slight bias to the sell side (is that shorts?).

Also could anyone tell me what 4 2/7p ordinary is? I'm assuming it's WG shares, but I'd love to actually know. It's probably a dumb question to some of you, but I'll bet many on here don't know either.

Wait until it's over Scuba, you'll know then as to how lucky you were.

Could well be true Scuba, if it walks like a rat, looks like a rat and it smells like a rat, it's probably a rat.

Hind head, you should make it clear that that is nonsense post with a link leading to a beachboys song. You're wasting peoples time with that sort of thing if you don't make it clear so we have a choice.

It's difficult Scuba, often if you do tell people what you're doing before you do it, they really don't like it. Some get angry and extremely rude. I think to be honest it's lose if you call in advance and lose if you describe what you did. Human nature around this area doesn't really encourage people to be open about their trades. Nowadays, because of all the unpleasantness, I rarely discuss openly when I buy/sell, how much I have etc. Just levels I'm interested in.

So before your meeting you predicted the SP would rise to 357 and exploited that Dartron? Is that not the same as me suggesting future price levels and trying to benefit from them when I'm right?

"I think we have hit the bottom."

I don't have strong conviction on where we're going, but Teddy, there is a ratonale for 254 being a possible low (as Senator suggests there are rationales for lower prices too). If you draw a trendline from the low Jul 15 2024/Jan 9th 2025/Jan 13th 2025 and today at around 254p.

Like I say, I'm not holding huge conviction, but I can see a reason for buyers to come in here. There's a similar level at 251/252

Yes pp it's more complex than most believe. Is it not the case though that options/CFDs etc lead to buying of the underlying assets when they're of a certain size? That in itself is hedging? I have to admit there is much that I don't understand about shorts/derivatives and the strategies around them.

For those interested, here's a chart of SP vs volume in 15min intervals. It's clear the SP is rising, but volume is very low. Not 100% sure how to interpret other than there a few buyers (presumably PIs) and very few sellers so the price is rising even in the absence of a lot of demand. Probably just speculative PI's in response to todays RNSs. Let's see how it goes.

https://screenrec.com/share/CyRjorafHT

PJT I guess that relates to the lack of a moat. We need faster takeup of the tech solutions. Last thing we need is for a competitor to emerge with a disruptive offering.