Sunday, 13 October 2013

Weekend Chatter XI

Good Morning Market Moguls, We have WC XI which is truly the toilet of stock market reviews...

Above's picture we see all that is beautiful of the downstream oil game and having spent a decade frequenting these places across the continent than its fair to say that the imprint of such endeavours are embedded for life along with Irish folk,Indie and 80's music.

Thanks Lyth for inspiring today's 07.30am blog with simple minds, Over to the markets and more importantly golds fall through $1280, Ok the bears are resurfacing on the cry for the call down to sub $1000 but for this to happen I guess you have to subscribed to the 2014 trend being a poor one and although the drop below may indicate the reemerging feeling of uncertainty I'm still subscribed to 2014 being something of a positive continuation of aims recovery.

The facts on the wider market view against golds price are relative to the global affairs, at risk of sounding reckless the senate are a bunch of tossers just as the UK political house '' They all piss in the same pot whilst showing a scant regard to the 99.5% of the rest of their own people '' As you can tell I'm not a huge political fan as nearly always the motivation is to restructure and change when the reality is capitulate and syphon, The stock markets to me are no different fundamentally or morally as most of the intent can be lost when monetising ones passion.

Back to the rat race that is Aim, This week we have seen some devastating examples of the best and worst in aims spin! often when highlighting a trait the P.i's crawl out of the woodwork defending their investment/trade pick with the inherent belief they are going to prevent fellow retailers seeing straight through the yarn, Lets get a few things straight:

* P.I's defending a claim when not seeing the lightning bolt coming after the thunder need some serious consideration on their own market interpretations regardless if their '' so called respected posters on a forum ''

* Companies claiming to be fully funded and then drawing down in back to back placings to accelerate their projects are actually just drawing down on the markets plumped up feel (There taking advantage) They can't word it this way so look to dress it up - Its bulls-shit folks

* Brokers/Research houses and many other outlets just spin the wheel of fortune for a company as the carousel of cash transfers into the corporate pockets.

* 90% of people lose in the stock market and the £8 billion from failed listing from IPO to list to delist (fail) let alone funds raised in open market is all in the coffers of the corporations not the very people that supported them.

We are talking small cap here people not some high cap operation, '' How the hell do hundreds of companies disappear and nobody ever really mentions it? Who really is aware of this and who actually cares?

In essence its all academic in statement and of no real consequence although many who think they understand the arena they navigate have little to no concept of reality so therefore suggest its Tina Arena and not the stock market arena.

Before I fall from the soap box lets hop over to moves in the week where in brief we look at movers and shakers:

Paternoster - Jumped off the bottom from speculation of a Brady completion, IMHO the stock was still trading bullish above the 200d Sma yet trading at the bottom of the cycle. Speculation and interpretation fuse together here whilst punters decide.

Physiomics - Shot its load to 0.25p on the news of a major pharma JV however the integral piece of information was left out (Its mean worth to Pyc) based on this and the need for cash the SP has sobered up leaving a few angry heads. The science is good but the ship is run like a slave ship.

Anglo Asian Mining - I wrote about these before the gold dropped through the range but needless to say the cash costs are good and they are actually meeting targets, Goldie's maybe hard to pick but when the spot price is fluffed up AAZ present a real recovery to 50p+ the piece from shareprophets is here

Beacon Hill - Bhr come from oversold for a rebound from 1.2p to 1.4p from a technical aspect, with lots of suggestion on value here mainly through conjecture that target will get met.

Ecr Minerals - The enigma that is player power comes into effect here with the bullish over egging the company and the bears running it down on old regime cock ups. The board has been restructured and the dead limbs removed however in my opinion the very fact the company is still going is to the testament of the new bod, This is why at 0.10p i mentioned it and today at 0.30p although I hope the expectation of both bod and investor base is well managed. '' Steady away folks ''

Sound Oil - The company reports positive data from its assets in northern Italy yet the share price collapses, I would say the sentiment has dissipated as investors see no reason to hold before the drill goes in again coupled with a broker note giving a lesser BUY rec. seems to be the catalyst to the drop! Hopefully I'll be catching up with CEO JP soon....

Victoria Oil and Gas - I held a technical positive on vog at 1.25-1.3p however the stock triggered the sell indicator at 1.15p which changed my stance from bull to bear, Pretty simple case when the Rns come out to say the main player J.Scott had fled back to his old haunts leaving Vog in the dark. I'll watch to see how the company recovers but sentiment is low with fundamentals weak and unable to hold their own council.

Brushveld - Look to have come onto the radar as an institution sells down its position leaving bmn lukewarm and down on its luck, On the upside the retail have bought the story and now see bushveld as cheap, I flagged up the stock and believe the E1trader makes a relevant point here however there is/has been a background seller so until that is sold out then the SP will fluctuate. Hows the company for cash and development?

Motive Tv - The joke continues here I guess the insoluble nature of investors here will likely cost them heavily in the pockets particularly if you bought the last pump at 0.03p its not a serious investment but an out and out punt similar to that of the flying Scotsman's 100-1 chance in the 5f flat sprint in a straight line with its hooves tied behind its saddle.

Leni Gas - Upped its Bopd to 500 barrels setting a milestone which it intends to work on, BMD seems to have had the calling card on this with ears to early rumor and the share price reacted with a lift. Can Leni get up to the 1000-2000 bopd? If so then the 2p game could be back on but we wait with anticipation.

Thor Mining - Thor is on its arse and the recent gold swing really has made no odds to the company, Thr have banked its cash from placing so the wholesale price given, I sit and await the retail invasion similar to that of rockport boots in my native Liverpool.

Well folks as always if you have any questions then place them here on the blogs and I'll happily answer or give some opinion, Can't guarantee it will be what you want to hear although open,honest and frank.

Keep your powder dry, lock in gains and don't believe the hype

All the best


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(These are but opinions derived from my own experiences and thoughts and do not adopted as statement of fact)

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