Cevodnia You do not have to go anywhere to re invest the money you get from selling, I top sliced at 12.47 today (time not price) sold 35,000 with the intention of buying 45,000 with the same money if the price drops giving me another 10,000 shares at no extra cost. I still have 50,000 which have cost me nothing so if the price does not go down to buy more the freebies are still rising. Many years ago I can not remember the company but I had shares in it, I bought at 6p the share price went up to 10p and all the talk was that with new contracts signed etc the share price would be 15p in no time and then who knows, 3 days later the share price was 4p and about 18 months later I finally sold for 6.5p. As I say I do not remember the name of the co that is not important what is important is the lesson I learned is there is no such thing as a bad profit.
Sam |
Expecting a bounce off 10.5 myself, you never know with Empire, regular news updates., Could send this way higher, not one to trade but build a position...my opinion of course, gla long term holders 👍 |
A healthy retrace as expected. Still the trend channel with higher highs and higher lows from Dec '24 is still in play. Hopefully 10p support holds.... |
Geko
Well said.
Us believers know he has been talking for some time about how we would be very efficient and less energy required to produce but the naysayers dominated the debate....not so now as the message is out there.As more information drops and RNSs issued the positive story will grow and there will be more concentration on closing the undervaluation compared to our peers IMHO |
goldrush, agree. Without going back over old presentations for comparison I thought in today's SB made much more of an issue of the market undervaluing EEE and so doing in relation to its peers. One has to remember it's only very recently that the myth of the feedstock being hard to process has been dispelled. In fact what is rapidly becoming apparent is that it isn't just easier it's cheaper. What's not to like in a world where energy costs are expensive and under the microscope. Does no harm when looking for a partner or a grant to appeal to both the bean counters and the eco conscious! |
Geko
To me the comnpamy make a very clear shout out that we are underpriced....with all that that entails....we all know it would retrace a little bit but this is too much....gonna get some more too....just putting my funds together.... |
it looks like a day for profit taking and is large than the normal drop |
All good points Geko! |
Well hello there. Maybe I'm a bit too eager, but I picked up a tiny bit more on this fall. Not quite 10.6p but it'll do. Like others said, a healthy retrace on its way far north of here!
Happy days,
GL, GTA. |
And I followed you with a few on that drop. It was technically overbought and had broken up through the rising trend. One thing worth pointing out and only of interest if one looks at the tea leaves as I do is that an overbought RSI (or a break up through the rising trend) is not the same as a negative signal. The RSI generally cools down but it doesn't mean that the market has gone bearish on the stock. The overview remains, exemplified clearly in one of the slides that SB lingered on in the presentation, that Empire is trading at a fraction of the market cap of its (such as they can be called) peers. The logical conclusion is that either the other comparable companies come down to Empire's level or Empire's share price rerates. |
Just as the presentation started the selling started. |
All is not lost vatnabrekk. You can buy at the wrong time of day but the right time of year! |
Think I bought at the wrong time this morning! |
No runaway rise today , just usual retrace from overbought . More patio required |
Thanks SOS100, saved some legwork! Excellent presentation. |
Cev,It's Cheltenham week, these traders need some cash for their Paddy Power accounts. The restless trader rides waves; the wise investor owns the ocean.ML |
Manlord, the old adage, buy on rumour, sell on fact is always achieved. Like yourself, I'd love a greater pullback as day traders exit, it allows us long term holders to acquire more. Why day traders can't see massive potential returns and have patience is beyond me to be honest. Where do they go to constantly trade and achieve greater percentile returns than just doing nothing.. For example, I bought Rolls-Royce at 70p, look at it today, I've done nothing to be up over 1100% and it's mot started yet? |
Although not ever pleasing to see a red day, this pullback is very healthy and starts the next wave! Embrace it :-)ML |
Stockport, but is 11 per cent happy to lose the fact that there are no CGT or Inheritance taxes on AIM shares held for 2 years? I'm all for dual listing but to lose those massive tax advantages is ermmm stupid!!! |
11 per cent does trade the news so he wants the timelines.ASX listing would instantly give value. |
Also by giving deadlines you play directly into the share price being traded/manipulated etc....No way.....keep it open for us to be surprised and the valuation will appear......In the presentation on Slide 11 ,as I poined out yesterday, there are ways for us to be pleasantly surprised and excited....grants/govt loans/offtake agreements.... IMHO |
timnicebutdim
You can watch it anytime on catch up. |
Looks like the sell-on-news brigade have arrived! |
11_percent, the problem with giving more detailed timelines, is that there are pedantic individual who would diarise such statements and if they are not achieved to the day, would immediately post negatively and start to troll. It's that simple. So simple guidelines are stated and obviously that irritates individuals who what absolutely accurate information. These individuals tend to be from a scientific or accountancy legal background where everything is quantifiable and provable. A economic, political or military background wouldn't require such specifics. |