Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I remember October 2020 - seeing CINE dive down to ~15p one morning and hovering over the buy button. I didn’t end up buying - company was on shaky ground. Then traded it between 60p - 100p - imagine if I had bought at 15p and sold at 60p?
That’s what we’ll most likely be saying about Boo in the future. At £1 - an absolute steal with the info we have at hand at the moment.
Wohoo. Time to load the boat. BUY BUY BUY
Kali, it depends on how you play the game.
If you’re in below 100p and can sell a couple of times on bounces to 105/106p - whilst collecting divi’s- happy days. I sold on the way up and rebought on the way down - yes my avg is still above current levels (97p) - and I surprised we are where we are, however, haven’t missed any divis and took some profits out from a relatively stable gold asset company. Good hedge against whatever madness can happy with ongoing covid regs
I think everyone is just scared to comment at the moment! Seen these half rises all too many times :(.
Though, I did finally slice 20% of my holding today - for the tiniest profit. Only for my mental well-being in case it falls back to 215p haha
Jtan, I can say with almost 100% that it will go above your avg mate :). I wouldn’t worry about that.
I’m just the impatient type haha
Haha yep.
Made some decent little trades on other stocks buying Friday selling today. But not topping up NEX yet. Wish it would just crash to 200p so I could buy a boatload.
With an avg of 240p not quite in top up territory - just lingering in this annoying range
Something that has surprised me recently is watching airline stocks outperform NEX on clear green days - I’m fascinated to be honest - as I must be missing something because to me something like NEX is a relatively safe bet.
Hello all, I’m back in at 110p today :). Hoping for a 4th run up with PFC lol!
Let’s hope we can stay north of 102p this week. Will be happy for any finish about that
“And Naeem Aslam at Avatrade: “For gold, which is a perfect inflation hedge, we see massive upward moves. Basically, gold is on fire and so it bitcoin which is also inflation hedge. This is despite the fact that the dollar index is up as traders believe that the fed is behind the curve and they need to do something to control the pace of inflation.”
I think it takes a brave soul to pile into BTC. But fair play if you can make a quick buck and run. Too much stress for me.
I (eventually) managed to slice 20% of my CEY today at 99.8p. Will be chuffed if the rise continues - but if there’s another drop towards 89p at least I have some cash in my gold pot!
I wonder if BTC bubble bursts or Elon musk sends 1 mistimed tweet if those BTC hedges will be moved to Gold - could cause quite a rally!
At least she keeps us on our toes hehe
Whoops. There she goes
What a great day! It’s been a rubbish few weeks but it’s great to see a solid blue day. Let’s hope it can help us build up some upward momentum …
Altube I agree the stock is undervalued and I am finally in the BLUE!! But why are we comparing it to the Dow?! Haha. It’s a FTSE 250 stock …
I hope he tells them to duck off
It’s a real shame the media just won’t let it go when it comes to restrictions (futile imo - compare our numbers to the US - almost identical - when most of the US ditched lockdown with weeks / couple months but that’s a different convo). I’m 50/50 at the mo, Saji boy & Bojo are trying to hold the line. For how much longer I don’t know.
Obviously any restrictions = lower sp (market will definitely go below 7000 on a wider scale). I would use it as a top up opp but ideally I’d rather not be in that position. It will be a temporary drop , but just a waste of our time & lives!
My rather large holdings in NEX & CEY seem to be struggling this week. Alas, at least my minute holding in BOO was up 0.05% lol!
It’s like you’re filming “the big short (BTC version)” live in that taxi Candid haha.
Well, not our day today boys.
See you all tomorrow for another group cry lol. I jest. Short term pain for long term gain!
You would have to be mad to think BTC is a safe(r) hedge against inflation!
But to be fair, I also called a friend mad when he invested ~£1000 into SafeMoon earlier this year. It was £36,000 within a few days and he sold it all later for £15,000. All this within the same week.
May as well go to a roulette table ….