Iofina Share Discussion Threads

[testuser123] 02/7/2013 14:54

Dig - it's just a histogram of number of forum posts containing the word takeover arranged by date. It can be safely ignored. I've got to say that thing ranks as probably advfn's silliest new feature.

EDIT: takeover takeover takeover. Presumably it will jump tomorrow now :)

[diggulden] 02/7/2013 14:50

Weird.....

[noli] 02/7/2013 14:48

Just a thought on the 27 rigs that can be seen from IO#2, if each rig took approx 3 weeks to drill in total, i.e, 2 weeks to drill, 7 to 10 days for the brine to appear. Even at 1000b per well that's a 30k plant every 3 weeks, lol

I like that thought:')

[n3tleylucas] 02/7/2013 14:44

"I've watched level 2 for 2 days closely."

Why? Thought you were a long-term holder? What the heck has L2 got to do with long-term holders? Or do you want to control the s/t market too? LOL

The control freakery on here is astonishing! How's the new private thread?

[superg1] 02/7/2013 14:36

I've watched level 2 for 2 days closely. yesterday I mentioned 148 being swept up by what I thought was a fund or 2, later in the day it moved up.

Today it went into the 160's and ticked back, only to surge on again and take out 25k on the offer at 170, that to me was not a PI, just someone grabbing the chunk while it was there.

It seems funds have appeared around the 150 mark and have been taking any loose shares on offer.

There certainly seems to be one or 2 chipping away on any decent amounts available.

Of course the price can go where it likes but someone is clearly adding.

Pre close yesterday it loaded up on the bid, and was unusually quiet on the offer side, we'll see what happens near the close today.

[someuwin] 02/7/2013 14:31

IG wanting 75% margin on IOF!

[the medici] 02/7/2013 14:28

che7win:

I understand your defensiveness what with some of the scum that has frequented the board in the last week, but please have the decency not to accuse me of trying to manipulate the price.

I'm a long term holder and was lucky to add significantly at 130 last Monday so there's only one way I want the price to go, but I'm weary in the short term when there's big swings as it attracts the wrong sort of attention.

I don't think that is irrational or bearish. I'm talking short term price fluctuations in the absence of news, and PIs getting caught up in traders' and funds' games - not long term, for which obviously I think 170 or 200 or 250 is a steal.

[scrutable] 02/7/2013 14:16

wayneduncan 28 Jun'13 - 23:16 - 4252

Scruts - ........

.......On the plus side - I guess you are guaranteed a nice Christmas card from IG Index???!


IGIndex does well to remain the largest SB company by virtue of having had first mover advantage, developed the best trading platform, and the willingness to trade the microcaps - albeit with a sly, somewhat concealed, stepped margin scale.

However like the metaphorical apes alleged to saw off the branches on which they sit, they have failed to learn how to farm their clients and are quite happy to apply their, again sly, unspecific margin rules to put investors out for good by calling in positions robotically by computer. I have in consequence pulled most my portfolio away and migrated to rebuild. Twice is enough.

They are ruthless, predatory and in marketing terms extremely stupid.
And unintentionally generous to Spreadex.

[qprjohn121] 02/7/2013 14:01

Scruts - Surprised you responded to that awful post by wayneduncan, comfortably the most disgusting post I've read on this board. Nothing less than a grovelling apology is required from him.

[testuser123] 02/7/2013 14:00

Well, given subsequent events, I'm standing by my call of shenanigens on that trade at 12:12 yesterday. In fact, at the risk of sounding like a conspiracy theorist, the events following the the plunge last monday all look to fit together.

First the buyer tried leaving a few shares on the table at the end of each day in the hope that it would drop lower and that would scare people into cashing in. When that supply dried up they tried "forcing the issue" with the underpriced trade yesterday, when that failed to elicit the desired response they admitted defeat and just hoovered up everything below 150p.

Just my theory of course, no way of proving any of it.

I should also state that I don't think there was any market manilpulation which caused the collapse in the first place. I think that was just a snowball effect which stemmed from too much leverage.

[n3tleylucas] 02/7/2013 13:59

Aye, you tell 'em SCRUTS,

Anyone who's uncomfortable has too much in.

[che7win] 02/7/2013 13:48

The Medici,
I think you've missed the boat, the direction of the stock is clear, there are many like you wishing for a fall back to buy in, best to just take the plunge IMHO.

[diggulden] 02/7/2013 13:43

Depends if we have any news in the pipeline in my opinion. Any type of positive RNS regarding patent approval or IO2 production update will force the shorters to close.

I'm not getting too excited yet, going to take some time to build confidence back up although happy to add at this level.

[captain_kurt] 02/7/2013 13:43

While some are fearful, others are buying the business regardless if the shareprice is 160p/170p or 200p.
IMO DYOR

[skylite] 02/7/2013 13:37

Hi Engelo - I never worry too much about the price, look at it very simplistically. I have x amount of shares that I will sell when it gets to x amount. I'm very confident that on delivery I'll be making multiples of 160.

[the medici] 02/7/2013 13:35

Think it's best not to get too excited or claim it's recovered etc.

We're still on the traders' radar considering the big swings and I wouldn't be surprised if we fell back to the 140-150 range short term without news.

If I was buying I'd be waiting for things to settle down a little rather than rushing in and buying just because it's going up. I've usually paid over the odds when I've done that in the past!

[nevmyers] 02/7/2013 12:14

Looking good today, shorters be buying out soon if they not already.

[napoleon 14th] 02/7/2013 12:07

dnair - back to normal.

[engelo] 02/7/2013 11:55

skylite: if you're out there I remember your recent add at 160 (with 'hot' money) as I'd just added myself at 159.5 .

Pretty irrelevant in the scheme of things, but always obsess a bit about latest transaction and as of to-day, suddenly looking quite sensible and far sighted :-)

[dnair28] 02/7/2013 11:53

It really is fantastic to have a quiet(er) thread again and a decent price recovery.

[bogg1e] 02/7/2013 11:49

tackem cheers.

SG1, as you know the company better than anyone, i would appeciate it if i could wing a copy of it to you to review. If there are glaring errors in the calculations or pertinent facts that i have missed and need to be addressed in the figures, then it can be corrected before i unintentionally mislead someone!

[tackems] 02/7/2013 11:17

Well done Bogg1e, it should be interesting to view and will emphasise the potential here. I appreciate that there are risks still but I am becoming increasingly more optimistic that my SIPP will help me to finish work earlier!

[worraps] 02/7/2013 11:15

'B' means negotiated trade