Legendary Inv. Share Discussion Threads

[professor pettigrew] 13/10/2016 10:02

Those daft enough to sell out at 0.15p this morning, are selling at one third of the NAV.

Stocks like this cannot be trading at levels like that for ever.

[mrphiljones] 13/10/2016 09:59

So let me translate that for you,he's sold his shares and is now looking to buy them back at 0.12p.........Vile horrible little man.....;-(

[professor pettigrew] 13/10/2016 09:55

Morning (almost) all.

The selling continues then. Weak holders being flushed out, and those who are impatient will probably follow.

My new target is 0.12p, from where we will start the solid climb to a proper valuation.

[mrphiljones] 12/10/2016 13:31

fiscal acumen

THAT COMING FROM YOU?.....ROTFLMAO....You couldn't make it up.....

Kemorkid Sir i'll leave you to it but please FFS don't take any notice of this clown........He is to trading what Eddie the Eagle was to ski jumping,Christ even his charts look like Eddies ramps

[kemorkid] 12/10/2016 13:08

dummy sell of 2 mill now at .155

[kaerus] 12/10/2016 13:01

Don't be so hard on yourself Phil, I'm sure you're alright...sometimes.

[kemorkid] 12/10/2016 11:47

Can sell 4 mill @15 now .

[mrphiljones] 12/10/2016 11:36

PP....Are you sure the stock market is where you should be I've been here 15 years and in all that time NOBODY has been better at finding dogs than you.....Your BB's should come with a government health warning......;-)))

[professor pettigrew] 12/10/2016 11:32

That 4.5m looks like a sale to me.

[professor pettigrew] 12/10/2016 11:01

I tend to agree Brian. I don't foresee anything intrinsically wrong, although you always have to take that into account when assessing the risk.

Perhaps we need a final shakeout of weak or nervous holders. Get us down to around the 0.12p mark, then let things progress from there.

I don't think we've seen the lows just yet, but we can't be far off.

[brian boru] 12/10/2016 10:03

I reckon its just lack of news after being promised so much and nowt delivered in over 6 months, imho

[professor pettigrew] 12/10/2016 09:56

As I said a day or so back, LEG is now devolving into a binary position.

We are drifting down for one of two reasons:-

1. Lack of news.
2. The fear that the NHS contracts for VS won't be forthcoming, or in the amount first hoped.

The obverse side of the coin is that we need to take into account the cash, the percentage hold of VS and it's value (remember it's an old valuation), the prospect of VS getting more NHS contracts and contracts from other sources, the strong gold price for our gold play, albeit a small percentage holding, and the total value of our other holdings.

In my humble view from the current 0.16p, we will either drift back to around the 0.12p level or all of a sudden bounce very sharply on an announcement.

Interesting times.

[professor pettigrew] 12/10/2016 08:45

Morning all.

Onwards and sideways.

[professor pettigrew] 11/10/2016 15:56

Well said Kaerus!

[kaerus] 11/10/2016 14:49

I tend to ignore Mr Jones. I've seen him on other boards in the past...he's one of the posters who only crawls out from under the stone in bad times - one of those people who slow down and rubber neck or take photos on their phones after car crashes - about as helpful as a fart in a space suit, an ashtray on a motorbike or the bottom end of a mermaid.