Member Info for triumph1

Lots of them here recently. Enough to keep the share price subdued at these low volumes. Someone wants it kept low?

For me, i would define a neutral position as someone that has no position and are well informed of developments...and of course someone you can trust. I usually speak to a lot of close friends that are not market participants and gauge a general consensus of opinions. Of course on this bb you cant really trust anyone. I guess the trust element comes down to instinct, past history and whether the opposing opinion someone holds seems rational. Of course extremely difficult to do once you are already in a bit of a pickle.

Someone with a spread bet of course are more likely to be biased. I would never expect anyone to place a position based on what i say here or expect anyone to trust me but even if i have a position, I welcome anyone with opposing views and try to keep a clear mind. Of course if you think what someone says is rubbish, and on here most of it is, then fair enough. But i would never question someone into asking why they think my opinion is rubbish as that is just pointless. You need to be a psychologist and zen master to play these markets; economists are useless.

Hi earthling,

I tend to think that those with no position are actually far more impartial and clear of thought than those who are in a bit of a hole. One thing is for certain, in the long run buying at these levels, you cant lose. But in markets like this, timing is the difference between losing your nerve and therefore your shirt and making a life changing amount...and that window of opportunity you have is tiny. Certainly not for the feeble hearted.

Indeed. Those who have, by looks of things, have been stung. Waiting tentatively for a meaningful bounce and a glimmer of hope regarding COVID-19

Got out 3 weeks ago, virtually 100% cash except for a short on the dow as no one was taking this virus seriously. The apple release did it for me, and the fact that investors were still buying after this release...scary. If news regarding a pandemic is released, then there will undoubtedly a sell off like none of us have ever experienced as we will all be in uncharted territory and we all know how markets act with uncertainty, and as markets always price things in several steps ahead of reality; for the better or worse, it will be pandemonium. Conversely, a glimmer of good news will act as a springboard and propel us off these lows. I am still very pensive about re-entering as i personally see more downside.

The way i see it, i would rather watch a drop for 10 days and miss a one day bounce than be in at day 1 and watch it drop for 10 days....that does funny things to your mind.

Good luck all in these tumultuous times....

Just an observation; I have noticed that on IG, they do not charge stamp duty for buying or selling shares of solgold whereas degiro do!?

Can anyone explain this discrepancy or can clarify charges on other platforms besides these two? It seems strange as solg is not an AIM company so should be liable for stamp duty? Not that I am whinging about IG not charging this.....

Those sellers have certainly outfoxed you for holding terrier. Sorry for your losses, but you are not evidently not fooling anyone with your ramping drivel. In future, time your sell better!

As for me, the dust has some way to settle yet before I would dip my toe in. I would advise any newbie to let the dust settle too.

AIM 101: wait at least a few days after any major spike to minimise the risk of being spiked. I think terrier skipped this chapter.

A meteoric 300%+ rise and now traders squealing about a comparitively small correction? Hilarious. Rather amateurish thinking this is going to go up without corrections. Greed and stupidity at its finest, some things never change...

Traders well and truly spiked for the time being. The smart traders sold yesterday and the day before.

Brought back in early 2018 well below 100. Been a very nice little earner since then. Still bags of potential....

https://www.france24.com/en/20191010-ecuador-s-moreno-seeks-talks-after-week-of-fuel-hike-protests

i have always done very well in political turmoil. Everyone panics whilst the cool and collected mop up your distressed shares. Times like this is how you make money.

This drop has nothing to do with SOLG prospects and is out of their hands. It is purely political, caused by a national emergency called in Ecuador which is a big deal, especially if the current right wing government which are business friendly are ousted. Indigenous led riots have a worryingly high track record for ousting presidents, of which this is one of them.

If the government were overthrown, and the more left wing correra or similar took his place, this would not be good news as legislation re mining that was previously overturned by government may change.

Certainly warrants keeping a closer eye on. Political uncertainty has always provided opportunity in the past though so those feeling brave could do well from this as the sp is too low now.

I 100% agree with you. We no longer live in post war britain and these days everyone has their own agenda and brexit has divided the nation in a way that has arguably never been seen before and the EU know it.

What i am saying is if only people could see through the bluster and try to imagine the other side of this when we have finally left and we have no choice but to make it work. Wishful thinking i know. One thing is for certain though; we are leaving the EU one way or another and a second referendum will not happen this side of the century. bojo does not want a no deal brexit and neither does europe, but in order to get the EU to budge we have to leverage the only thing we have left and that is to crash out so it is absolutely vital that in order to get the best deal, that option has to remain on the table.

Corbyn still seems to think we can talk EU into giving us a better deal which is seriously delusional. We would be stuck in this limbo for decades given his way. Getting the best deal is all that matters now and what bojo is doing is the only way we can try to achieve that. I cant understand why people cant see this.

If no deal brexit is blocked, we are stuck and EU will have full control of negotiations and the best deal we can get is theresa may's deal which was already voted down. Back to square 1 with no cards left on the table and stuck in limbo.

I think you mean wiping the floor for him. That's all corbyn is good for. To say he is out of his depth really is overpraise. Imagine corbyn in power at a time like this....He could make barney the dinosaur look like Abraham Lincoln.

If a no deal brexit is voted down, its a win-win situation for Europe and we would be stuck with Theresa's deal. Its the only thing left in our arsenal that actually carries weight to get us a better deal. Might as well stay in the EU in that case...exactly what the hypocrite remoaners want. Whats the incentive for them to better the deal Theresa may proposed which was already rejected 3 times by the idiots that are too stupid to see what bojo is trying to do? This is now a business negotiation, pure and simple. A new angle of attack was needed, and bojo has provided just that in attempt to get a better deal. EU would fold at the 11th hour if we were more convincing as a nation that we can handle ourselves just fine. The EU must be laughing at us right now.

Your broker probably did not specify the exact number of shares on the CREST transfer form to be sold, rather that you wish to tender all shares in the offering. The uptake was low on the buyback so basically gave them free rein to raid your holding.

It probably varies between brokers as the larger houses have more clients, so their quota was filled much faster so do not raid holdings as much in a low uptake scenario. Smaller brokerage houses have less clients and want their commissions from berenberg so will fully utilise clients accounts where no specific no of shares to be transferred has been given until their quota has been filled. That's what i would think anyway, but not entirely sure.

Fortunately for you, it turned out good and you can now buy back 10% cheaper so good result all around.

Talk about self fulfilling prophecy. Textbook snowball effect of a little negativity and doubt. Boy what a bargain now.

Some solg holders need to relax. Personally i will look to see what happens around 20 as it surely will test that key support now.

Is not a bad thing, as long as it is justified and there is logic behind it. Lots may say that using cash piles to buy up own stock usually equates to the board running out of ideas and artificially propping up SP. However, at this point in time, XLM is doing exactly the right thing if you look at the context they are doing it within.

Given current market conditions in this industry over the last 18 months, already ongoing activities in the US, all time high dividend yield and all time low SP, this is by far the best use of their cash pile at the moment. After the last 18 months we have had, it would be more concerning if Ory announced more acquisitions, as we have our plate full as it is, and Ory certainly got a little carried away before which lead to large write offs in a market that we rushed into somewhat without fully evaluating outlooks.

If ory sees an irresistible opportunity in the future, i am sure he would offload stock to an II for a nice juicy profit. For now, giving the acquisitions a breather, consolidating with what we have now (which is big) and using the cash pile to take full advantage of the all time low SP we have experienced is a fantastic decision.

I personally was not invested, but feel for many who have lost entire family fortunes and significant sums of money here. I think we have all been through sore losses, heck i know i have but these things have a way of balancing themselves out so stay positive and learn from any mistakes. We are all in this investing malarkey together, and a real sense of melancholy and sorrow is felt across the investing community today for all Debenhams shareholders.

"Think of each and every loss as an investment and gain in experience and knowledge." Triumph1

because the spread is ridiculous. MM's need to drop ask to .30 to stimulate some volume.

Says that he wants hof to become the next harrods of the high st, yet he fills the stores with the same crap as sports direct. A whole floor in oxford st is dedicated to his crapware from sports direct. I do hope hof does not become another sports direct, as from what. I have noticed it is going that way. On the plus side mulberry reopendled their concession there