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Dog Star - is Irma a binary bet? Is it really? Does someone have to lose? Do they really? Try working on a different model.
Buy my shares that I bought as new issue shares for 20p - I make 33%.
You sell them as the company marches on towards production for 40p - you make 100%.
The next person sells them for £1 at the increased production stage.
I go back and buy those £1 shares and I and my family take a 5% dividend for 80 years.
Company sends polite letters saying the mine is empty and they are turning the lights off.
My shares are worth nothing
Who lost money there then???????????
NO ONE.
Think at little tiny bit more and you’ll do a lot better.
Modsto - I’ve read your posts and in fairness I think it is highly probable that you are genuinely invested here but just peed off at the price. Your posts don’t seem anything more than showing you are a bit hacked off and simply hoping that other people aren’t over committed.
I only take umbrage to any comments about only being here to make money. I am here to make money but I am someone who refuses to invest unethically on any level. I have bought new issue shares at the last two capital raises and I care very much about this project’s success regardless of how that might line my pocket.
One thing you and many others might like to remind yourselves is that there is in theory a route for this share from 9p to £1 and beyond and on to dividend paying times where NO ONE need lose any money. It is really simple and it’s very true. Not one person loses money - not a penny.
The reason it’s theoretical only is because of greedy manipulative people. When you make fly comments like “everyone is only here to make money” it is easy to infer that you might fall very much in the greedy camp.
Watch The Apprentice- full of small minded people who think that you have to be ruthless to get on in life. People who think that if you have morals and a pleasant demeanour you will get trampled on.
I can assure you that I never have to look over my shoulder, I can look anyone in the eye and I am happy that every penny I have made, I have earned.
It isn’t difficult once you remove greed and ego.
Best of luck to you as I trust you hold this share and wait with us all in the hope for a bright future.
Live changes there now - up 4.5%
IG have a new figure in the % change for SXX - up 6.49%. That wasn’t there until a moment ago.
I believe that Sirius is about to be born. The ninth month will bring to life this amazing company
The Sirius project is not like a lifetime compared to ours. It is journeying to its true birth and subsequent growth.
September will see lifeblood course through the veins of this mighty project - lifeblood pumped full of fresh oxygen and nutrition -$$$ ;-)
Then it grows and grows. “Look at her now” we’ll say, “where does the time go?” “Only seems like yesterday she was 8p and going through that difficult birth and yet last week we celebrated her £1!!”
Roll forward a bit - “She’s now happily married and we have just celebrated our first grandchild. He’s going to be called Dividend and he weighed 10p.”
Four and bit points clear profit. You are willing to short a mining stock in the brink of either way news and worse, willing to post on a B.B. about that.
What’s wrong with TA on a stable index with huge trend data? You could make 20 points most days before lunchtime. Yesterday you could have got in extremely late on the FTSE 100 trend and out extremely early too and still taken 30-40 points.
What on Earth are you doing? Where is the upside in shorting SXX compared to a thousand other instruments you could look at?
Are you a professional trader dealing in hundreds of thousands of shares? E.g. short 250k shares here for about £12k profit if you are right. You as someone posting in this B.B. have the account status to access 250k shares to short on a single stock? You are a very rich boy with too much time in your hands. (Somehow?!)
Or could we be talking about a £20 a point short position via your IG spread account making you a could £90.
Please either add some actual data to your analysis or have the courtesy to explain your position. Otherwise you look like you are trying to wind people up but most annoyingly doing it in a really slimy “Hey guys, just saying” kind of way.
We are here again - people buying this share in the hope that they are then allowed to be incidental to it. So thick that they don’t realise they are not alone in their actions and so thick they think the resultant SP activity is somehow someone else’s fault.
So they buy at a low price and expect a huge rise, get over excited, panic when it isn’t just going up and up and then what happens? The first few make a small profit, the next few break even, then the rest take a small (hopefully for them) loss and moan about how crap SXX is.
Cut and paste this comment for every single rinse cycle.
So it hit 9.98 there.
So many of the clever traders taking their 10–15 % in a day cos they are so clever. They never quite get that if they sit back and wait it will be 50-60% without even a sore fingertip or swear word in sight.
I can’t be bothered to read back but I notice some references to the “half dead cat”.
I took that as a reference to the horrible nature of the under researched trolls on here and their behaviour being despicable and basic.
I didn’t think for one second the cat was actually SXX!!
To answer LL earlier - I think the balance to the two extreme arguments is the time factor. The project’s major milestones as regards profit are still a way off and the SP can certainly languish in places it should never have seen because the journey to get there has had to take a few detours. If commentators were applying the same timescales I think the arguments would be closer.
I think the derampers are generally trouble making for fun - I say this because in reality hardly anyone shorts stock i.e. the percentage of short positions is low anyway by default and the ability to trade in any volume as a shorter is quite limited - Unless you can deposit £50k with a spread bet firm or meet criteria for a professional level trading account - are these the sort of people who would bother using a B.B. to express their appalling grammar and wind people up? Highly unlikely!
Wind up merchants and bitter people who have lost money and want the rest of us to follow them- that’s the rubbish posts on here.
A balanced and objective stance recognising risk - always much appreciated.
The rampers (like me) make most logical sense because our standing is pure - we are invested and we want the best for the company. We are positive about the project and the prospects. Our stance makes sense so why bash us? Why are you so interested in telling well researched, patient people that that are blind fools?
Those of us that fit the most common profile on here - LTHs that understand the project and timelines involved don’t need to read any annoying basic crap that so often reveals a lack of knowledge of SXX and just as often a huge lack of knowledge around trading or investing at all.
So much sense on here the last few days if you sort the wheat from the chaff. My favourite logic was invest in the company directly and also invest by buying shares and you create your own price increase!! That is effectively what we are waiting for and I’ve said it before - it self supports so why wouldn’t anyone invest in the high yield bonds?
The SP would be strong if strong people held the share. In general we clearly have a majority of very weak investors - weak willed, too weak to put the work in to their own research, too weak to make a decision and stick to it until something actually fundamentally changes.
I have taken the view that when something this big is dealt with so casually it implies strength not weakness. There is a definite plan and they haven’t said otherwise so why assume the worst?
These shareholders spouting and moaning about the company haven’t got a clue that THEY are the problem, NOT the company. SXX have choices and they take them. It’s business, there are options.
The panic mentality is so wearying. It isn’t just the affect of everyone scurrying around and panic selling, it’s the whingeing about the company to go with it that is most tiresome.
You made your own choices - grow up!
This is a very cool and focussed team not giving one flying fork what the SP is while they deal with the actual practicalities of running what was a billion dollar company until the muppet PIs started to undermine it THEMSELVES because they are so stupid.
The professional investors and traders are laughing all the way while they pick up cheap shares sold by morons who clearly ridiculously expected a nice smooth ride on a gravy train - again, grow up!
I can only hope that eventually this SP activity gets rid of the fools from the list of investors in SXX. Then we may finally have an SP that reflects the incredible achievements and utterly realistic aspirations of this company.
If you want to sell at a loss - crack on but don’t moan about it - not in August 2019 - what part of your research said you’d be swimming in cash by this point in the Sirius timeline? Who promised you something this year? Fantasists.
As if by magic a successful trader turns up - presumably in at least an AMG45 S? Or maybe a classic fully restored E type in line with your pure class?
Or maybe not.
Good traders don’t need to brag on a B.B.s - the house, cars and holidays spell it out loud and clear, so let’s not pretend anyone bragging (suddenly) on here has actually made any life changing money (ever).
As I’ve said before, like many others before me, I’m a LTH and my assessment and strategy are different to a trader. I’m patient (very) and I’m confident I will be rewarded by this holding eventually circa 2026.
Traders do your thing - but logic tells me you should all be saying what an amazing share SXX is as the volatility is making you tonnes of money. Why do you need to make any inflammatory comments to LTHs and skate the stock or the company?
We are different in our approach to SXX. You should be very happy as a trader and not having a grudge against anyone - unless you are not a successful trader at all, but rather a lowly internet troll? That would make more sense for many commentators here.
I’m holding in line with my long term strategy. Of course I’m not happy with the SP and the induced perceptions and inferences it causes but I am happy with my holding of x number of shares which still holds its same place in MY plan.
Do your thing but do with class - then I might believe an odd word you say.
We have always attracted a few ‘members’ on this B.B.
Your 1009 says you did lots of research yet your message is as basic as it gets. A comment that a very lazy 5 mins of research could come up with. There is no depth to what you say just basic flippancy. Your other comments across LSE B.B.s over the last month all relate to badly losing companies.
I suspect you are deramping against your claims of innocence. I suspect you are someone who “trades” via a spread betting account and shorts via that method. This would indicate that you are doing ok shorting these stocks that you show interest in but that you are dishonest in your comments.
Otherwise, WHY BOTHER?? What is you motivation? Wind up? Troll?
You add nothing of detail despite your claims to have researched so much.
You’ve been outed so why not fess up and / or do one?
Wasted enough effort here. Don’t expect a response to any bleating contrary to the above.
I have taken an often repeated piece of advice and stopped the over regular price checks. It definitely does allow one to develop a more general view of things.
One relatively consistent occurrence in life is a balancing of events. A yin and yang type thing. Equals and opposites and so on.
If you start with this mindset, apply a realistic timeline for predicted events for SXX and then add some scientific and equally realistic predictive measure, you have to conclude that the reward is coming.
How painful has your journey been? The most likely outcome I’m my opinion, both philosophically and scientifically, is that there will be an equal swing to pleasure for you. It is now very close indeed.
Morning - I’ve run your figures every way I can and I’m getting two outcomes - 12p and 21p depending on which route I take. Are you sure you have worked it through correctly? I just wouldn’t be confident that 12p is a real possibility based on what my TA software package is telling me. On the data you’ve presented here it is insistent that the outcome is 12p or 21p.
Market maker accusations, media influence, information leaks, buys vs sells, IIs va PIs etc. etc.
Whatever the reason or reasons may be, I have no doubt in my my mind that there is control of the share price. It makes perfect logical sense that those who work full time managing the buying and selling of shares and managing investments can manipulate their instruments.
What I do like from this is that they are bothering to do this with SXX. The shift to II from PI is part of the plan. It all makes sense even if it is often presented as some sort of Machiavellian conspiracy. This can be done so it is done. It may not be nice but it is not illegal and it is clearly not difficult!!
I have said it many times that I don’t like the small man losing out to the institution but that’s clearly my naive utopian wish. The reality is the sharks scare the small fish and they give up way too easily. A united front and some sticky hands holding on to shares is clearly too much to ask. However, it is certainly clear that many holders on this B.B. do have the patience required and a solid strategy in place - I salute you all.
For me the here and now with the SP is irritating but actually irrelevant.
Have a great weekend.
Drop them an email extolling the virtues of Sirius Minerals. It is a good news story top to bottom and front to back. Many MPs will not know the story and many might like to have that story ready to use whenever it suits their agenda.
I raise this as it’s very easy to moan about our government but they may need a steer at times. Do your bit to help with that steer and then you have a lovely moral high ground from which to complain.
Numerous emails entitled Sirius Minerals will catch the attention of some.
Your posts tell me that you are not up to speed with SXX yet you seem to be getting a little leary. There definitely is a pure thread to your posts today but it isn’t what you are implying i.e. some kind of honesty and straightforward approach.
There are many many people on here who know the full story of SXX and have repeatedly said they are holding until full production with an assumed year for that of around 2028. They are consistent, well researched and apparently honest as it is difficult to note anything that suggests otherwise.
I suspect that if you have any worthwhile investments none of them have a strategy from you that extends anywhere near 2028.
No doubt your plan is to have made your millions by then.
Wow. Davielad. You need to own those comments as your own. You need to read a few people’s history before generalising like that.
Punt for you maybe. Some people have put an enormous amount of effort in to researching and then following this project to ensure that they are comfortable with their heavy investment. They are invested in the company and a project - they have not just found a share on a “most whatever” asearch, done five minutes research and had a punt with a few grand.