sold at 85p Not waiting for the 82p stop dumped the lot at 85p
Re: Delayed Accounts That does not help and after reading that it looks certain to fall a lot further
Re: DidnÂ’t expect this one at all looks like a wrong move but its still near the load up point still in profit but stop set at 82pi think it will go through so going out for the daywill buy back in the 60s
stopped out Uncertainty is going to drive this back to 50- 60s ive set a tight stop here to lock in profit at 82pi expect it to be taken out any time soontotally didn't expect this and its going to be next year now before this settles out again.better to be safe than sorry and time and time again i have seen profit get wiped out by not stopping out not this time what ever happens im locked in for a £400 profit on the trade.
Re: Stopped out The mood has changed from Monday.RNS this morning down 20% ... Topped up set limit 87p went strait through @ 84.75 . ( D )its moving about a lot, wide spread at times.
Delayed Accounts [link]
Re: DidnÂ’t expect this one at all should be a strong bounce on the back of this fall i just loaded up a few more
Re: DidnÂ’t expect this one at all Welcome to Lonmin. Always tanks on RNS days.
DidnÂ’t expect this one at all Saw a large profit vanish so far . Am averaged at 70 . Good numbers but market spooked by wording in my opinion. Purely on delayed results. Yet we know cash generation has improved as has production exceeded guidance . Didnt see this move come at all . Compound the stop losses being hit too . Weird
Re: Production RNS Been spanked first thing not sure why they seem OK and in line even with some positives all be in with a cautious undertone.I guess and metal strength will help the SP going forward.
Production RNS Improved cash generation and exceeded production guidance [link] see market react to this . Usd/Rand back above 14 this morning . Positve for Lonmin
Flying start today Platinum + Palladium all up nicely ( Palladium about to re-test $1000) Rand is weak and Platinum up almost 1% Support was tested yesterday note how 100p ( a round number which has no TA foundation but has many using it nevertheless ) was not passed . Same resistance levels as posted recently 112.5 - 120 - 145 If anyone wants support 100p then i have the 200sma at 94p DYOR , All the above is just my opinion no advice intended
Am happy with the technicals we averted a RSi bearish divergence and I now feel much more relaxed. Profit taking and then new demand is what I expect now . So a zig zag much like today up to the levels I have outlined . Touched 109 already today , getting closer to a mini area of resistance then next leg up = 120p. There it gets interesting as the gap to the next level up is more significant , but nice and slow is what I am hoping . TA seems backed by good palladium prices, steady platinum but probably above all Rand weakness at the moment . Since this morning the USD moved up even further . The other metals lets not forget are also doing very well. Reuters also covered a story about job cuts . ---------- ---------- ----Little Disclaimer : The opinions on these bbs are my own and do not constitute investment advice . DYOR as always
Platinum and Palladium up a bit This morning . Hoping that we don't over heat but continue the trend with little dips one can buy and a nice rising trending one can follow Rand is still weak which is good .
Re: 107p close 104.5 clos