Member Info for wyndrum

This is just my personal opinion, this feels like a tree shake and I don't buy into that MM thing by and large.

But its perfect after a big fall and nerves are jingling and frayed, push the price down and then really let "fear" of the terrible twins have its head as the PI panics to het out asap.

I guess we will know by the end of the day. (FWIW I bought £20k at 13.4p)

DBD, not sure I have any of the magic dust. I guess 12..3-12.5p is a target but its very fluid right now. Just because there is a target/support does not mean it will be hit.

It could be as you have done, see 13p as close enough and don't want to miss out it case it spikes back to 14p for instance.

Its an unfolding picture right now so any prediction in such a volatile market has to be bracketed with that proviso.

Again technically the way i see it , is that this is in a trading range and therefore buying and selling within it, is higher risk than normal. Its if it break 11p that's when it it might get a bit hairy (imo)

I think its worth bearing in mind that what we , as small PI's want, is not the same as large shareholders.

Some, maybe many here, see this potential multibagger as an almost once in a lifetime opportunity to get rich, maybe life changingly rich. As a result perhaps an over commitment of funds takes place but with the justification a little bit of "all or nothing".

However large shareholders (funds etc) are already dealing with many millions of investors money and don't see any one company as life changing in the way we might. So they buy the stock, buy into the DM narrative, get a bit of a reality check and on a decent upswing, de-risk funds. They don't care if in 4 weeks time the SP is 30p. They have different goals. They will take a multi bagger thank you very much, but are perhaps more realistic on likely outcomes, and are not wedded to this particular stock the way many of us here are.

The result of seeing the same company differently, leads to different actions. So they sell and we think they are mad. They watch PI's buy and probably think "they are nuts!"

Hi Glib, I go by the end of day close so I see no H&S formation.

(I posted the intraday stuff only because there was quite a lot of posts on tops ups and as a result threw in my 2 cents as to what I thought might be good prices today to get in at if people felt the need to do so.)

Right now with the limited price data that we all have to work on since the fall, currently I think its just noise within the trading range.

I have no idea if the fall will continue tomorrow or not but as I pre-posted, given the big fall there is going to be a lot of aggressive profit taking on the way up causing this type of day until some hard news can then support the SP.

Todays close means we now need a close above 17p to confirm the upward move (too early to say a trend!).

Best guess: If we get that then that should take some of the heat out of the sells and the volatility will slow down, as the new buyers will want to ride the then new uptrend upwards! The other side of the coin is 12.3p and then 11.3p on the way down.

Like I say, tomorrow is another day! Good luck!

Posted 19/08 at 8:02

"So i expect (at this very early stage) a lot of volatility and swings in the SP once we get around where we are now actuality, to 16p and maybe 18p.

I can't see it being a straight line, that's for sure....."

Tomorrows another day.

gmcc, how do you know they are adding and not replacing to the team? No side to the question, just asking.

It normally is a positive sign and the amount is small enough to take it out again without attracting adverse attention. So, I thinks its good, it was more a response as to why CC does not go large.

(Well done on ABDX, more to come I think?)

Afternoon D.

I think its quite difficult for directors to buy because at some stage they have to sell (or might want to). So CC buys £100k (If she's reading this I bet its "I wish!!!) I digress.

So a big buy puts the SP up to say, 6p?.. When can she sell? its going to be a work in progress for years as she grows the company assuming all goes well. The day she sells the SP collapses. How does she ever get her money back without so undermining the SP in the future?

Intraday `15m interval chart also now has a confirming pattern that fall more likely to have bottomed out.

(Its very, very tight though ! this is where the big boys will be playing ( think)! GLA

Marik, When I said you were an idiot I wasn't joking.

Please shut up and just go back to your constant ramping.

The intra day today, 1 min chart suggests the fall may be over. if it holds now or better still 15p then great. 14.49p is the floor.

If it falls below 14,49, then 14.3p is back on the table

This probably doesn't help right now, but when a a share is falling (from a TA pov), you need to see some evidence that the fall has stopped before buying.

You can just buy on a support but it may just go through that to the next one. If it doesn't then you get in at a very good price but as you can see the risk is much greater.

By the time there is evidence that fall has bottomed more often than not the entry price will be higher, but, the risk of any further fall diminished.

It just depends on risk appetite

Glib, more likely just profit taking I would think? After such a huge quick rise once the SP starts to fall, more get out to bank the profit, causing a quicker fall. Its inevitable I think, particularly on how rapidly the profit for many evaporated last week.

SGF!! welcome aboard... a whole lot of fun beckons!!!! (and quite a few insults if you bother posting on various BB's! :0))

Not that it means much unless you are looking to buy today but 15p is a support over the last couple of trading days, so looks to be testing it. now.

If it bounces off, all well and good, otherwise next support looks to be around 14.3p

Ophidian, it did seem that the AHU info was RNS worthy and therefore potentially a breech of some sort of confidence/Insider dealing.

Do you think the original info was true, or perhaps, now, false?

SGF, my thing on plans' is not the plan itself just to have one. It can be as fluid and flexible as the individual wants.
The plan can be not to have a plan, but I think a lot of PI investors for all the DD they do they often overlook SP scenario's and if something not really that unexpected happens it can leave some looking like a rabbit staring into the headlights.

Anyway, that was the weekend, now the fun and games start again.

(PS: And my stock that I said was ANG, I meant AGL (Angle). Not a tip but maybe worth a look as per the previous comments)

Thanks Noob, for your frank response, and I will, if you don't mind take that honest response as more typical than posters responding who did have plans in place.

So you had a plan and than did not execute it so, not actually a plan? (Or at least not strong enough to stick to it.) Which is very, very common.

The nub of it is that most want to get rich quick, so potential multi-baggers have huge (emotional) appeal.

The first thing to understand is that getting rich quick is like winning the lottery, its happens every week, but unfortunately its very unlikely to be you. (or any of us)

Getting rich slow, however is far easier than most realise but don't get it until there is much time left so keep chasing the rainbow.

Have a plan and part of the plan is a time line which is a major component that most investors completely overlook or ignore. part of the plan must be a timescale expectation. TIMING IS EVERYTHING.

The last observation I would share is that given the hundred and hundreds of stocks to choose from, when one goes wrong and the individual has access to funds to invest more, they often choose the same stock that has fallen to buy more of.

Which is odd I think. The fact you are buying lower down means your first buy in was wrong. (Why would you buy in higher than if you thought it was going to fall later on?) So, you have bought, the SP has fallen (a lot) and the first thing many do is buy more of it rather than looking at all the alternatives. Why do we do that?

Understanding your emotional drivers is key to making better , more profitable decisions.

People are very predictable, very. So when many complain of MM when the SP swings around, more, much more, often than not, it is just simple, predictable emotional behaviour to certain stimuli that causes the price moves. (imo)

This why it is beyond important but an absolute necessity to have a plan prior to buying in.

Irrespective of your timeline or system you deploy when choosing your stocks that you purchase, you must have a plan as to know what you are expecting from it, so you know when to sell.

Is 20, or 30p a good place or 40p or 50p or 500p? and by when? Next week next month 5 years time?

If you have not thought about this (in any detail) prior to purchase then it leads to incredible emotional stress whether it goes up (or down). And that's when bad decisions are made,

And I don't buy, I am teaching anyone to suck eggs. It is blindingly obvious that not so many got taken by surprise by last weeks events per se, but had no clue what to do, (many did not sell, simply because they could not bring themselves to take the pain of the the loss) and likewise as the hype starts again, have no clue what to do now.

( And for all those that felt it was oversold, what if HE1's RNS, instead of moving 20m, had said, "we are getting a bigger drill which will take all our resource so the next one its all or nothing and we will do it next year in May". What price the SP then?)

Each to his own but it never ceases to amaze me that when individuals are staking £1000's on as in this example, a high risk exploration miner, that they have give no real thought to how they would feel if they lost the lot. (and last week as only 60% remember), and likewise and have no real target for when to sell if all goes well.

This is why the vast majority of PI's lose money whatever system they use.

Ha ha ...the dark side beckons!! Have a good weekend