Re: Switzerland Hope you manage to get through the increasing Brexit wobble!! While in the long run things should come good (with some EU political figures shrunken to dwarfs), the GBP is said to lose about 30% of its value in the next two years:[link] outlook for the real estate market, where some investment funds are closing their doors - always a strange signal. Some regions in the UK are forecasted to give up one fifth of their real estate value. I wouldnt even point to this, if PI's hadnt already taken a loss with their largest investments (major oil companies) that seem to be declining since January 2015. Not to mention risky bets like XEL, GKP, etc.Careful man!
Re: Switzerland Quite decent chap, Mr Weinstein! I like is his super-long term average calculation (12 month Price average!) as well as his speciality "30-week MA"."...if you are and market timer begin time the market using the twelve month moving average, just investing in the index you will have a rate of return of 10 percent. Further, if you can pick stocks then you can make a lot of money. Therefore my philosophy for investing is a combination of looking at the twelve month moving average on the index and picking the stocks that I think are good." Mark BiernatAlthough some of that is difficult to apply in todays fast-Money-world dominated by institutionals. And as more and more stock companies have become illoyal to their shareholders (caused by greed or financial pressure), there are always more people who invest short term and refuse "to feed a company through" bad times - which is state of affairs on the AIM, right? : ))Have a good day!
sell??? 22-Jul-1616:26:461.61822,750,000Sell* 1.601.6544.50kO
Switzerland No rocks that can be crawled under in my part of town. Mind you plenty of rocks in mountainous Switzerland ;o) Hope you're well.PS How do you rate Stan Weinerstein?
Re: nice little rns Indeed, but found it a little odd that they didn't name the ore supplier.
nice little rns onwards and hopefully upwards
Re: Sp targets Every question that holds an "if" has a solution. So IF the vital 1.50p support fails to hold, then new bearish signal and more retrace as mentioned in the calculation. This is not happening yet. Although we've seen a sudden super low at 1.46p(!) today, the Sp instantly bounced back and is now holding above 1.50p.Currently "hammer" candlestick marks the end of a down-trend. Always best to DYOR:[link]
Re: Sp targets And what are the tea leafs saying now bearing in mind recent rns - more shares issued
Sp targets 1) After years of downslide, it's finally good to see CRND is trying to establish rock bottom around 1.50p - as depressing as this may be.2) Its safe to hold as long as 1.50p support is held. IF breached, then new bearish signal at 1.20p. But with so many bigplayers on board (holding crazy 8p+ average price!) theres a good chance that this current level will be maintained.3) Time to readjust the AT trailing stop/ buys. Next bullish alert comes IF the 2.20p barrier is climbed, which could be a nice position for a first entry if you buy in tranches. Long term bullish confirmation as soon as the 3.75p wall is breached.So even if theres a sudden 100% (news)spike, you have several opportunities to buy back in. There is no need to follow a stock right down to the dustbin, just because you trust the PR writing. Just make sure to grabb your share on the bounce.4) Todays super low market cap gives a real chance for a buyout. Even four or five PI's together could buy up the entire outfit! Thats if you fancy moving to SA.Why not take a chance and speculate on a sudden management buyout - and see if anyone pays us 8p for our CRND shares again!
Re: the next steps ahead Stalking??I just been keen to know where those guys hide after they crawled up from under a rock.In your case with your personal attacks on this thread (even silly attacks on all traders of the world).Years ago tradesignal-online gave a genuine bearish alert.This urgent alert has been posted here and double checked on different charts. Thats when you craweled up from under a rock attacking all bearish opinions, while CRND in fact has experienced a steep downfall over several years time, basically untill the company came up with a share swap and on top of that a new share issue at 10p. You happily reloaded at 10p? Up to you.Others have also joined the sudden spikes because of AT trading. Unfortunately those were merely short term spikes and NO long term bullish trend has begun, as many people have hoped for. Even the most recent share hype that took us as high as 25p, eventually collapsed and gave a sell-alert when the 20p and 18p support was broken.This has been calculated through TA research and posted here.Now we are at 1.60p.Quite a difference from your 10p share issue. Eventually it looks like your anti-bearish opinion from 2012 hasnt been that appropiate, has it? Be honest, let us recall for a minute that our "argument" only started when you tried to ridicule my bearish opinions.Never mind opinions, I for one am very happy that I did SELL Central Rand when the former 0.90p support has broken. And I am happy that I did NOT buy into the share issue at 10pIf anyone else has avoided a loss here, then I am happy about it.If some of us used to opportunity to cash in on short term bullish rise, I am very glad about that. But that doesnt legitimate personal attacks on other posters just because you dont like or dont use charting.Some of your silly phrases "Hoho, youre going to the Canaries, you cant afford the Caribbean" are totally inappropiate.All British people that I meet in Geneva or Zurich are actually very pleasant. Unlike you, Citychap2011. You see old chap, there are always two sides of a medal.---------- ------"Are you still shorting CRND?"
O/T Switzerland Ive been Switzerland. Grindelwald in fact. The country is beautiful. The Swiss people are actually pleasant, unlike you sadly. Brexit will be tough, but the British people are resilient and hopefully Switzerland's hard-won bilateral deals dont unravel as result.
the next steps ahead for Romeo Hello Romeo. Im flattered that you should take such a keen interest (obsession) in my investment over the last 5 years of your life ), which is about half way through my investment time frame. However, you are being unfair and inaccurate to imply I have only bought and held CRND shares and havent seen any return. Please point me to my post where I allegedly said "I leave trading to others". There isnt one. This is you being uneconomical with the truth with your usual creative writing.In reality I have invested for my family as part of a diverse portfolio of investments including shares, cash, bonds and property. Do you not invest for your family then or is only driven for your own personal gain?I did buy my first modest tranche of CRND shares in 2011 but it was February and the price I paid wasnt anywhere near 16p.You have a selective memory and forget to mention that I doubled my holding in Sep 2013 at about 7.5p and sold half at the 30p peak, which left me a sizeable free carry. And doubled again in Nov 2014 at about 10p and sold half at 30p again. You sold your own CRND shares in Nov 2014 from 26p and down but you never clarified what you sold your last tranche for? Was it somewhere below 15p? You also forgot to mention that your TA missed a 60% rise in share price on 18 Sep 2013 and a 40% rise in on 16 Jan 2014, for example. This serves to illustrate that your TA isn't always very reliable.My capital from CRND has been reinvested in other companies with a reasonable margin of safety including Centamin, Amara (now Persueus Mining) and Goldplat, in which I am doing OK without needing to pay attention to your TA. RE: your reference to a nasty share issue I think relates to the Central Rand Gold securing Institutional Investment from Redstone Capital and the shareholder open offer at 8.78pI have since been increasing my holding in CRND as I still believe the company has great assets and once the water level further reduces the company with the support of Zhejiang Golden Machinery Plant will have the potential to start profitable underground mining and then more likely to be bought out by an Asian suitor. You have already acknowledged the share price is very cheap. Dont forget Central Rand Gold share price was 0.275p (13.75p) in Sep 2011 when the company hadnt started to tackle Acid Mine Drainage and the mining license was suspended. I am quite comfortable with my investment in CRND.It would seem your grasp of CRND share prices and time periods isnt very accurate, which surprises me as I would have thought that essential to be a good Technical Analyst ) At least youve stopped posting links to Terdsignal.com Thanks for that. It's appreciated. Are you still shorting CRND? GLA genuine investors. DYOR
Re: the next steps ahead without Citycha... ...and if one day you are fed up with the Brexit and most uncertain future, come and stay in Switzerland for a while.Have fun!
Re: the next steps ahead without Citychap? Wow!! That must be some wonderful magic there, Citychap, after your initial purchase came in 09/2011 (for 16 Pence) "as a long term investment fo your daughter".Just a few years ago came a nasty share issue which you happily took up for 10p, with silly comments "I leave trading to others" : )) Later we saw only two or three minor share spikes of 30, 50 or 70% but still just a long term trading range of 10-15p.You now say your average is below 8 Pence??You mean 6 Pence? Or maybe 4??Well, todays Sp of 1.60p(!) is a little bit lower than your 10p rights issue investment - or all the money you came to throw in the oven in recent years to lover your average. But thats still a fair investment startegy. if one day things start to hurt, try a decent UK smallcap fund.---------- ------"Redstone Capital joined us 8.78p and my average is currently below that." Citychap
the next steps ahead without Romeo? Well I had been enjoying the peace and quiet without our prolific posting Swiss friend and Nicholas Cage admirer, Romeo, whose Technical Analysis ran out of steam about a month ago.However, he must have missed me since he's decided to stalk me over on the Bulletin Board of Noricum Gold, in which I have a small holding and have been disappointed by with the lack of tangible progress and contempt shown for existing shareholders by Aussie BS stock promoter Greg Kuenzel (friend and former colleague of the notorious Peter Landau of Black Mountain Resources acclaim)One can only assume Romeo's Technical Analysis is as accurate as his ability to post on the correct bulletin board.For those interested in Romeo's latest CRND ramblings on the NMG BB I have pasted this below: "CRND has probably been a tough ride and broke through your 10p share issue price a long time ago. Even the 5p and 3p support lines have been lost. Reminds you a bit of "Broken Flowers", with Nicholas Cage. And the good news? The great news are that CRND suddenly has a ridiculous low market cap of merely 2.4M !! A handful of PIs could get together and buy up the entire outfit. Actually I wouldnt be surprized if company management works on a deal behind the scenes right now. Makes us want to speculate about the buyout price for the market. Hhmmm, maybe 8p per share...? Would be nice to see one more summer spike for Central Rand Gold!!"Redstone Capital joined us 8.78p and my average is currently below that.