african minerals appears to be upping its stake - possible takeover / offer?

magicJoe,

I've been doing this since 1995. I retired from work in 2007 at the tender age of 45. Now at 50 I sussed out bulletin boards many moons ago thanks.

Balerboy, You will see yer 30-40p very soon. 8-)

hope so, been a 12 month waiting ;)

hmm - can't say i'm that bullish, but it certainly looks as though there's a decent profit to be made with the current momentum

re - you missed your chance to bank a good profit

I think you said that a few times before, everyone has its strategies, and mind is bank profits it if is a short term large rise and most likley on T+15 or 20 days, so I would not have to pay for them on selling.

But I bought Bao twice 10.22p and 9.65p as I realised it was languising with a flat bottom and dowtrend gone, but It kept doing the same for some time so I had to pay for them and Keept it on the Portfolio, but eventually than flat bottom turn up on the right side so is UPTREND, so no harry on selling, ( the trend is your friend )

The normal strategy in this cases is buy more on Retracement ( AFTER large rise any share does it eventually ) and that is what I did When I posted the Chart on the 15 January... retracement done ready for a bounce back.

as always there is a tail on the tale and never is as one expect .... Count of Montecristo comes in mind

of course you traded exactly as you claim ..... why would anyone think you a liar?

Wich tablet have you taken to calm you down?

sure it was not a stiff drink so early?

I have noticed you do not ask me any more for my target, as I told you before you are only a user so no more help ( Petrofac was the right place to put you in your place )

for any one to see if they want to look there.

iron ore price

Morgan Stanley raised its forecast for iron ore prices this year on expectations that accelerating economic growth in China, the biggest buyer, will boost demand.
Prices will average $133 a ton this year, 11 percent more than a previous estimate, analysts Peter Richardson and Joel Crane wrote in a report today. Prices may average $142 in the first quarter and fall to $125 in the third, they said.

bloomberg / morgan-stanley-boosts-2013-iron-ore-estimate-as-demand-climbs/a>

Getting closer to the Intraday BREAKOUT

if it finishised at this price will be the best closing 25.75p but intraday was 26.75p

PFC (+ LAM as it happens) both stand me very nicely in profit

as it happens I am taking about your antics not if you had any pennies on PFC ( as i remember you said I sold a third and then bought back half) After I predicted a to be a 61.8% fibonacci retracement and it did so 100 % correct on my part, thank you very much.

Is it correct what I am saying?

also LAM you comment was not to trade on such a bad company, I did and made good profit on a very short time on the bounce back

strange to say now you made profit on LAM

correction .... i am making a decent profit on LAM ..... decided to buy at 110

PFC - have traded this for 2/3/4 years as i rate the company very highly, though i don't think i'ld much like being one of their sub-contractors .... current holdings are from sept/oct 2012 ..... now that sp at last seems to have broken through the 1700 barrier, i keep fingers x-ed that it has much more puff left in its sails

i have always said that your pretty pix and comment are often useful and interesting ..... it's your perpetual stream of personal and totally unwarranted abuse that is totally unacceptable on this board - or anywhere else for that matter

Look on the bright side, MoneyAM is a fairly quiet board, at least the presence of an illegal immigrant with a severe personality order keeps us all entertained.

Magicpants is surely certifiable? Looneybin escapee? Chelsea footballer?

it's Tanker who is the celtic illegal .... MJ is just certifiable when he's not taking his medication

chuckles

that is the right side

You have given the clue....... Welsh .......... Sheep S#agger and on top BARSTEWARD

more, you are not good enough to lick my large left ball on share trading and knowledge

so you are just a clown as the pic shows

BT say is good to talk, but not when is from you dirty back side, bleach does the job all the time

re - lonely

is when one goes to threads where do not own shares, and that is YOUR case and plenty more over here, I post where I own a company and from where I run my own one.

Not everyone has the "magic" to be a Master of its own

learn to talk and if is right people will listen, do not bark I am too far away to here you



fancy dress you are wearing!

LESSONS FOR MOST TO LEARN OVER HERE - Chart - fibonacci

The Fibonacci retracements pattern can be useful for swing traders to identify reversals on a stock chart.

Stocks will often pull back or retrace a percentage of the previous move before reversing.
These Fibonacci retracements often occur at three levels: 38.2%, 50%, and 61.8%.



The 38.2% was the case for BAO on the last retracement as I posted on the 15th

the target on those grounds is for 42p but the time frame for that is another thing and first has to pass 36p

Posted on the 15th



When I said full of strengh above, I was meaning that it did not retrace further down to the other higher % meaning lower share price.

MJ - do try not to preach .....
nevertheless, your opening sentence The Fibonacci retracements pattern CAN be useful for swing traders to identify reversals on a stock chart says plenty about charts in general

there are all sorts of charts and interpretations thereof, all of which have their adherents - which is why the more popular a given charting system is, the more likely it is to be self-fulfilling

i certainly find the simpler kind of chart very useful as a guide and tool, and as so often in life, the simpler and more easy to understand the more useful ..... conversely (imo), the more complicated and esoteric the system, the less likely it is to reap results

i am well aware that the above may not be written with the usual clarity and brevity for which i strive, but i think most will understand the point i am trying to make

And here we come again

using my charts you are getting high % return

Using the "simpleton charts" you are getting 10% return a Year ( PFC )

as it happens I do explain before it happens not like some that it is allways after the share price has move up ( I bough yesterday I bought last week )

btw - I do not preach but teach ( you should know by now otherwise you would not use my systems ) LAM, BAO even in PFC, etc

Share price does the talking

very strong for the last couple days on expectations of positive news very soon,
on the investment of the last couple years resulting on a higher JORC