I'm still Holding for the ride, after more than 30yrs....could get a little bumpy?
Beware the MM-pigs; more than 4000 Auto-Trades today - one trade of 34,799,000 shares swop @ 11.43am before noon today @ below Bid-price? But NOT reported here until after 5pm, odd? - Along with other millions traded after 4.30pm?
Perhaps I've been a little hard on O'Shakey..... seems that lad has little control of SP ATM?
Tep1 muses " @thanglan - I am not sure of your reasons for investing here ..."....?...could not have put it better. Well, I got my 1st tranche of Brit-Gas shares off Mrs M. T...seems half a life time ago...by God, it almost is...and I've played(buy/sell) them ever since. My selfish reasons for being here are to make money....loads-a, loads-a, loads-a money...as Harry Enfield might say. Is their any other reason? I keep asking - POSTERS - why not use the Opinion Box?
Quoted
“German humour is no laughing matter.”
Mark Twain
Bankboy, says- "Stop blaming hedge funds - they are trying to create Market Maker's Price. "
But we need someone to Blame & I find the MM-pigs are the BULL on the Dart-Board-of-Blame. As you point out the MM-rats are "creating" the SP daily/hourly. And obviously, to THEIR Long-Term gain. We, the small punters, LTH(long-time-holders) are merely flotsam drifting on a Rough-Ruff-sea-of-shares....Who can I blame?. Less than 6months ago, they have allowed(forced?) the SP down from a magnificent £1.72, with delusions (mine) of £2 in the offing, to a sad £1.29 yesterday.
Certainly I'm happy to blame the MM-pigs, as we see it in their waves of Auto-Trades...many thousands each day.
After 40yrs I have failed, on many occasions, to JUMP-OFF @ a high, or JUMP-IN @ the Lowest SP.
I have started to confide with the Grand-Kids, well, it is their inheretance I'm gambling with. 2 have advised - get out of CNA @ 160p; 2 have advised stick it out to £2; another says stick with BP, GSK, HE1, HNL....WTF???
More than 9000 Auto-Trades today with the MM-rats trying to pin the SP down - for their coming big buys spree - then their big profits take later. Check their(MM-pigs) magic argorithim-nos , they're about, 348, 377, 487, 887 or 906 regularly as clock-work.
Might be a good idea to follow them?
If (expecting?) SP around £2 by July 1st would be nice
Bought here in 2000 when originally start-up Rensburg VCT, 100,00 shares cost £100,000 with an SP of £1
Shenanigans have left me with 15,895 shares in UAV (?) with NAV around £16K (loss £84K)
Unless there's a miracle suggest you avoid this pig - dividends have NOT catered for No of Shares lost or the drop in reality of SP.
God save us from the VCT-cesspit of high management fees and low dividends, too many Cowboys. Maven lot not much better.
Dubs - "keep or sell"?..always a choice. I'm keeping & hoping for SP >= £1.80 before Christmas.
Lot depends on Dumb & Dumber's, O'shakey & Scott, decision on Shares in treasury.
Friday-last - more than 5000 Auto-Ex-Trades as MM-pigs took early profits, suppressing the SP.
Today more than 3000 Auto-Exs by MM-pigs buying back cheaper shares, as is possible over next few days.
Hopefully, then the SP will rise & more after next Board declaration on 11th Nov...they can't, or are unlikely to stay dumb much longer...they'll need to tells about their greatly un-desrved salaries and fantastic undeserved bonuses.
Hence I'm holding....for awhile....Posters, please fill the Option box.
Gambling on the 2 board-clowns to be forced into action to help the SP rise.