Member Info for TheBasher

Unfortunately it appears that Elon Musk is derailing any near-term upside for BTC, which as I type is 12% down in the last 24 hours. Jeez, one tweet from a CEO from a loss making company being given this much influence on the markets is a shocking insight in to how fickle (manipulated?) the crypto markets are.

And to clarify about loss making. In the US 11 states have regulations that oblige car makers to sell a certain % of zero-emission vehicles by 2025. If they don't meet that, then they have to buy credits from manufacturers that do meet the requirement. Tesla received $1.6 billion in regulatory credits last year which far outweighed Tesla's net income of $721 million from actual car sales -- meaning Tesla would have otherwise posted a net loss in 2020.

@lunq
Looking back and learning from the past certainly and then applying that knowledge to consider potential future events certainly is. Hey ho. I am not here to win any bb battles or start a debate, just offering food for thought. Take it or leave it. Good luck y'all with your investing and trading.

@limpalong
... or from someone called "Limpalong"! Very funny!
I'm quite happy with my 300% return on my pension over the last 12-months, which I will be needing soon as a seasoned old investor :-)

I'm just making a point that it is sensible to at least listen to and entertain a contrary viewpoint.
My posts from 19th April (below) attempted to highlight the point that bubbles can and will always form and burst. Just take a look at a daily chart for any tech index between 1990 and 2010 to see a beautiful shaped spike in relation to the tech bubble. Yes, some people became very rich during the ascension, but many became very poor during the descent. The time to invest for massive gains in many digital currencies was prior to Q4 2020 - I have friends, who are digi savvy and importantly understood crypto, who have made 100s x their original investments, several becoming millionaires - it's those types of stories that are fueling the retail interest and boom (and bust?) in certain crypto.
Of course, there are still opportunities and crypto is likely here for the long run, but enter with caution. Do some basic research into crypto, which tech is emerging in terms of industry standard, which currency or tokens are primarily in the open market and not the majority held by employees who, after a significant (orchestrated?) rise, can dump nearly the entire currency... YOU HAVE BEEN WARNED!
And no, I'm not a crypto denier - I'm about to take the plunge, but only now having made a significant effort to become informed.

TheBasher
Price: 142.50
RE: Pop goes the bubble19 Apr 2021 23:42
@alphaomega
Glad you liked it.
Just a counter view to yours to help newbies not get drawn in by the complete 8ollocks of the ramping of a spiking share.
But maybe you are right.... those who bought at 280 must be very grateful for the views of those saying it can only go one way...

TheBasher
Posted in: ARB
Price: 142.50
Pop goes the bubble19 Apr 2021 23:12
So predictable.
Starting to look interesting again the closer it gets to £1. I missed it first time around (was watching but funds tied up elsewhere) and deliberately didn't chase the spike. One thing I've learnt over the years: always let the share price come to you, not the other way around... that way you don't get impaled on the spike.

@synxs
Not exactly true...
Charts are unemotional and do show facts.
A fantastic piece of the tool kit for identifying opportunities, potential buy/sell prices, and if you know how to interpret them, an insight in to what the banker flankers might be up to...

Sad thing is that the bankers flankers have just relieved some unsuspecting nervous (new?) investor of their shares - legalised theft ...

I can hear the banker flankers from here whistling that happy tune....

If/when the license is granted, there is the small question of raising $117m to get in to production. Have there been any announcements (that I have missed) saying that Sinohydro are going to finance, or is this reliant on a company sale to realise the value for current share holders?

Is what you need....
No knee jerk reactions to short term price movements.

@steven49
Goddamn text speak !
You can be bothered to write “comprehensive” but struggle with “for” and “before” which for some reason become 4 and b4!!
Lord help us!

@funkybeats
I would like to see evidence of money in the bank before making such a bold statement (you may be right but without the RNS or insider info then we don’t know!)
KZG seemed happy to post the RNS about the due diligence so don’t see why they wouldn’t post about receiving funds if they had received them. I’m not worried as things take time in that part of the world, and as a LTH we know KZG needs patience, by the bucket load. But hopefully that will soon be bucket loads of expensive commodities ....

Correction - 0.2p

Managed to get 1.25m shares at 0.18p at 3pm. Thank you HL!
Commodities super-cycle, lithium shortages with increasing demand. Seems like a reasonable punt to me.

Hello to this board. I have just bought 1.25m, and an immediate tick up. Happy days!
Commodity super-cycle, lithium shortages.... looks like a punt worth taking for the longer term.

RNS:
“..... The trading halt will remain until the earlier of an announcement to the market regarding the above or the opening of trade on ASX on 10 May 2021.

Trading in the Company's ordinary securities will continue on LSE during this period.“
Someone explain that one to me ??

Need from proactive :
https://www.proactiveinvestors.com/companies/news/948659/mgc-pharmaceuticals-in-trading-halt-pending-announcement-by-the-company-on-artemic-948659.html

Plus a wee reminder about why people are invested:
https://www.proactiveinvestors.com/companies/amp/news/946518/mgc-pharmaceuticals-poised-to-supply-global-phytocannabinoid-market-with-growing-patient-base-and-global-distribution-footprint-946518.html

Make or break moment, at least for the time being. I don’t see a UK RNS with similar message, however they must be halted on the LSE too.
Squeaky bum moment.

https://www.youtube.com/watch?v=gJdmqrPjOI0

Elon, have a look at KZG.....

I too have been buying on the dips having been invested for many years, including the very big dip at 0.35p which has now helped my average become 1.7p... so sitting flat now with a good size (for me) holding waiting for what I believe will be a considerable rerate over the coming months IF all the ducks line up (which IMO is looking probable).

So let me get this right. What you are saying is that once selling pressure is over and there is more buying pressure the price will go up? Wow, thanks for the insight.
What a pointless post.