Member Info for wiltshireman

I realise now that this is a hot topic and will look back through posts for clues which I should have done in the first place before posting but at first sight everyone seems as confused as myself.

I haven't been following the trades in the recent volatile period but fail to understand how all these supposedly penny trades can manipulate the market? Does anyone have any straightforward explanation please. All I can think of is it somehow distorts the bidding price but can't really see how. Is this some sort of sophisticated fiddle or just plain stupid auction pricing.

https://www.fool.co.uk/investing/2020/05/10/the-ggp-share-price-has-risen-326-as-gold-shimmers-in-these-uncertain-times/

to subsidise this global pandemic. Quantitative easing and buying Treasury bonds or in other words 'printing money' Problem is all developed countries are running out of options and controls and we all know what that means.

I think we might have worked that out by now

Leo Koot produces the plan and produces results and whenever he is unsure he says so. The main factor out of his and everyone else's control is the oil price but $35 in 2-3 years is very realistic.

on the cards for today, a far cry from Neil Ritson days

Joatmon - probably not but offshore loading scenario for tanker export would completely change that. GIven the quality and the ease of production and relatively easy installation of a single buoy mooring system offshore export will become a realistic option

Admittedly WTI languishing 20-25 but Brent is already back to $30 so realistically WTI will make it in timescales proposed and if offshore buoy loading for exporting which is easily installed given the financial backing that LK is confident of then maybe better price because the quality of the Lower Cruse is so good. Alsoit'll come out under its own pressure. All in all a good scenario.

OIl price collapses, AIM oil penny dreadfuls take off, although in the case of CERP understandable. Gold price heading for peaks unscaled since 2012 yet goldies take a breather. As you say funny old market, particularly AIM Mkx

Wide spread surely if that were the case the intermediate trade prices would be wider apart and sales and buys would be easily identified?

What a strange comment

Used to follow bar charts with Zak Mir for many years but have come to the conclusion they are OK if used sensibly in a bull market but a crock of ***** when in a bear market. Given up on them in the past, they've been out of fashion for a few years now but looks like they are generating more interest especially particularly given the pick up in AIM miners. GLA. PHE is in a league of its own I feel and more driven by sentiment but all that should change once production starts.

No it hasn't. Sold on the ladder buy on the snake. Good fun though playing down among the dead men when there is money to be made.

The oilies will have to go some to make up anything like the SP losses of the last year. Better off left in the ground anyway in present economic climate unlike gold.

Could this be the target for today's day traders, down among the deadmen? Let the trading begin in earnest . Last ones still hanging in at 1.3p left holding the baby for another day. That's the great thing about AIM no matter what the prospects are nobody has a clue where the SP will end up. It's very exciting and beats mowing the lawn any day.

Thereall - Don't forget to add the costs when they do leave home, fall out with partners, end up back again repeated till they settle down and live back permanently while they save for a house. LOL You ain't seen nothing yet! You'll need more than GGF to see you through that lot !

Just to convince everyone its all under control. I don't reckon its automatically generated I think they just chuck these out when it gets a bit heated in the pretence that they all know whats going on particularly where AIM is concerned. If in doubt just issue a price monitoring extension, or 'isn't it about time we put out a price monitoring extension. If anyone can fathom out how its done please explain especially when they decide on a second one.

We're home and dry - punters will buy anything with gold. I know, been there before. The media will go hysterical and the weird blokes will appear in adverts to buy gold sovereigns or Krugerrands if they still peddle them, in the Daily Mail. When that happens we're truly home and dry. GLA

There aren't many AIM penny dreadfuls that aren't constantly 'on the edge' financially but that doesn't stop the punters playing the AIM gain. I think we should be told. I don't think the AIM players care much about the company. I mean why would anyone invest in AIM oilers at the moment but they do, admittedly from a very low base but not always? AIM is crazy so why aren't we getting more action. Its not as though the ''locked down' punter have anything else to do. It just isn't good enough.