Member Info for TrekMadone

Say you open a short at 1280. Cash it in at 1230. Means the average you have overall is higher and the spreadsheet shows a trade profit. Repeat where there is an opportunity.

To increase the odds do several bets at various price points and scalp some profit whilst each time increasing your overall core short position average.

Unless of course you short is a long cover. There are so many permutations.

Usual caveats

Trek

1300p was tops imo. Expect it to pull back from here to 1200 maybe lower over a few sessions.

No need for me to sell though as got lots of air over with my average, here for divi, and still expect another run to 1500p.

Shorts are averaging up. I would sell any opened recently as soon as in the money and recycle. Still that’s their problem.

Usual caveats

Trek

From DT just now…

“ The boss of Ocado has opened the door to the possibility of quitting the London Stock Exchange amid pressure from investors to shift its listing to New York...”

I expect DEC to go as well.

Trek

Think it was covered here before. Shorts are also a hedge to cover a long position.

Even if you were going to go long from now it may be prudent to short a percentage.

Also some of the rise may be driven by shorts about to close. If you already had a short position that was in the money you know if you close it the sp will pop. These houses use sophisticated ALGO’s now to eke out every penny of profit by leveraging both ways.

Hedging is not the linear event, long or short, that many PI’s think it is. They can make a lot of money from volatility and momentum.

I made a killing here selling and buying back cheaper. Throwing off cash on the way down and then piling in at under 900p to then sit and ride the wave back up. That volatility has enabled one to get a lower average and more shares.

Obviuosly it’s with a bit of luck but the point is it’s the vix that offers the opportunity both here and elsewhere on some stocks.

Usual caveats

Trek

From cnbc

“ The Dow Jones Industrial Average advanced to new highs on Tuesday, as the bull market broadened out beyond technology names on hopes of forthcoming interest rate cuts.

The Dow surged by 755 points, or 1.9%, hitting a new intraday record and on pace for its best day since June 2023. The small cap-focused Russell 2000 rose 3.4% and was on track for its fifth straight day of gains.

The S&P 500 added 0.6%. The Nasdaq Composite was up just 0.1% as technology shares — the big winners so far in the 2024 rally — largely sat Tuesday’s gains out.”

Looks like more to come!

Trek

Hi dazz,

Those large EOD trades are the uncrossed trades (UT). It’s a good sign that the UT was above the last buy so should move up tomorrow early doors. But nothing is guaranteed.

I do think we will have a pullback at some point. Probably before the weekend as profits are banked as we have had a strong run. But I think it will then carry on to its path to £15.

And yes this price action just shows what a sht show London is. Sulking today over the eurozone and marking down DEC off the back of that only to see it bounce back up +3% as folk got their maps out!

TerryM,

Yes the deal shares are subject to the ‘customary lock-ins’ . That’s quoting Rusty from a video but we don’t know the details. As I have said before the deal is light in detail but WTF the sp is moving up!

Usual caveats

Trek

£15!

Bouncy bouncy after US opened.

Tried to get going here but was draggged down on London.

US opens, Russell 2000 pops 2% and boom DEC leaps 3.3% into close! Shows what a sht show London is. Was consumed by eurozone today! Pretty much FA to do with DEC but stock price was marked back.

If it closes strong stateside today could be time to take profits from my low 900 average. But I am happy with the sp cushion and the high yield . So I will stick for my £15 forecast.

Others may want to slice some as it’s bound to come back a little at some point!

Usual caveats

Trek

Been watching Cmcl since low 700’s! Would buy but not able to free funds.

Nice little company, placing out the way and second mine due. Pays good quarterly divi.

Usual caveats

Trek

A Rising tide raises all ships so to say. Fortunately we are moored in the US now. Russell 2000 is up 2% and lifting us with it while London suffers from its European woes!

Been posting £15 short term price target since the £9 range and backed my convictions.

That’s looking much more likely now than the doom forecasted by the rear view mirror investors!

Expecting a pullback soon before we go again as a lot of new money would be in good profit here now.

I am resisting trading this for now but good luck to those that are!

Usual caveats

Trek

£15!

Well lava tubes apparently….

https://www.yourweather.co.uk/news/trending/scientists-identify-a-tunnel-hidden-below-the-moon-s-surface.html

Mind you they (NASA) have found some strange stuff on the moon. Obelisk’s for example in the sea of tranquility that are uncannily similar to those in Egypt that no one can fathom out how they were made from single pieces of rock!

https://medium.com/illumination/ancient-aliens-egyptian-styled-obelisks-found-on-the-moon-part-1-ebb4a729245a

I guess we will soon find out when we start mining on the moon!

Trek

Hi Tro,

I tried to buy a few quids worth on ii. 6p indicative buy price and 4p to sell. Thing is you have to send to broker. There is no countdown timer so once the buy is sent you don’t know price. You can set a limit order but they don’t have to be filled. Then when you sell its pot luck.

Also the bod where cannabis entrepreneurs yesterday and today they are geologists!

All said I think it will do well as M3 assets look good. But although they produce they have no profit. Zero fcf but that should change in time.

Think I will wait until move fro aqse to LSE.

DEC…£15 I have been saying it since adding in low £9 range!. Added more under 1050 as well. I don’t care what the posters say over there I am quids up!

Hope to double my money there next year even without divi’s. I am getting over 9% yield atm as well!

Outlook for US gas is so bullish imo and it’s at the lows atm.

Usual caveats

Trek

Saw the RNS there Tro but spread is 40%. Buy was at 6.5p and sell at 5.05p. Very little liquidity on Aquis Excahange.

I think they intend to relist on LSE

Usual caveats

Trek

If that’s the swing -2.67% @ 12:16 GMT to +1.61% @ ($15.75) 13:56 GMT and the stock opened at $15.66 then on that performance there’s no point in checking the premarket price.

Usual caveats

Trek

Current pre market at time of this message according to market watch is 15.75, up 1.61% not down 2.87%

https://www.marketwatch.com/investing/stock/dec?mod=search_symbol

Usual caveats

Trek

£15

This is a Chinese company ‘terms’. They are worse but others aren’t much better. No way would I by a car with the new tech in especially Chinese !

“ Once Human's (and by extension, NetEase's) terms of service – which you can read here – states that the personal information it receives from you can include your name, email, phone number, and then veers into territory that's the crux of the issue, adding "(instant) messaging account, postal address, date of birth, age, gender, country/region, and government-issued ID, such as passport information, as required by applicable laws for age verification and correction of personal information." It goes on to reel off more data it may collect through the use of its services or "other sources" like social media friends lists, location information, and a bunch of other buzzwords that sound generally invasive.”

https://www.mirror.co.uk/gaming/once-human-data-collection-drama-33221233

What do they do with this data!

Trek

Following Nigerian bourse lower today

https://businessday.ng/markets/article/seplat-drives-markets-new-low-as-ngx-asi-decreases-by-0-33/

Trek

Following Nigerian bourse lower today

https://businessday.ng/markets/article/seplat-drives-markets-new-low-as-ngx-asi-decreases-by-0-33/

Trek

I have the same reservations using equity re: dilution. I prefer the amortisating debt model but the market seems to like this deal.

Good volume here early doors.

Usual caveats

Trek

£15

Broker notes can often be over priced but a 90p to 133p price range compared to the current 26p is bonkers!

Even 50p would still represent a significant discount for commencement of operations.

Either the broker is nuts or the SP is!

Somewhere in the middle will eventually materialise imo.

Hence I have been selling elsewhere and adding in this window.

Usual caveats

Trek

See FT headlines….

UK £ and political stability - Blackrock move from neutral to overweight on UK stocks.

Should bode well for the undervalued insurance sector imo.

https://www.bbc.co.uk/news/articles/c978jrzmz6do

Should be a double boost for MNG as pf manager in stocks and bonds + fixed assets

Stay at this price and sector will consolidate imo

Usual caveats

Trek