Lamprell Share Discussion Threads

[bearnecessities] 14/8/2020 14:20

Looking at the trades today, the vast majority of sells were automatic (A) trades. They are defo on a stop hunt mission today.

[stuie] 14/8/2020 11:48

On holiday ATM so put in a stop loss order to protect my investment. Don't usually use them because I watch the market most days. Price came down triggered my order, the lowest the price hit today then retraced up. Word of warning to all, that your orders are in full view and will be hunted. I was away so had to use them this time.

[stuie] 12/8/2020 15:01

Despite tightening of budgets in Saudi, Aramco will be offering contractors big contracts and it is all still to play for. Source : Meed . Com

[stuie] 11/8/2020 09:52

I would not get caught up too much with the order book, which none of us have access too.Without news this and all AIM shared are at the wim of the MM and big institutions. Iceberg orders can be used to make a market look weak or strong and dropping / raising bid and offers to scare or entice retail traders are the norm. It will be tough to break 28.40 but I don't see a crash back to much lower levels personally.

[master rsi] 11/8/2020 09:09

stuie

re- bit early to start talking about retracements.

One has to cover all scenarios, and the retracement is the one that you may not like to think about, but it happens all the time, the reasons already explain.

On a very strong Market FTSE 100 yes 100 points higher and FTSE 250 also up by 215 points, LAM is on the way down and on a very weak order book on the bid side, naturally sell are more prominent.

[stuie] 11/8/2020 07:58

The shares are still in an uptrend on most time frames and have not created a new valid swing high, so it's a bit early to start talking about retracements.

[glavey] 11/8/2020 06:46

"Nothing goes in a straight line."

That's handy as Lamprell's profit is nothing.

[master rsi] 10/8/2020 23:24

Possible retracement points if the shares move further down
Nothing goes in a straight line.

[master rsi] 10/8/2020 23:05

What will be?

[stuie] 10/8/2020 18:50

My view is we went into another consolidation box Friday after the last one at 25.40 , this one is at 27.50 . We are ticking up nicely but I expect us to whip saw around 27.50, mostly to the lower side of it because the institutions are quite aware of what happens when we break above 28.50

[blackbear] 10/8/2020 13:51

Sold out this morning just a bad feeling they need cash to operate.

[master rsi] 10/8/2020 13:28

A very weak order book this morning and is much the same now Plus the sells have been appearing often and fast.

Not helped by the 28p UT last Friday being a double TOP on the candlestick chart
also the Indicators ( RSI an Stochastick were at overbought ) and now receding, typical of the profit taking though is Retracement.

[martinpmh] 09/8/2020 13:07

Be nice to see news on contracts either way. The AA is grabbing my attention last week and for next couple..very interesting indeed. This has been ticking up nicely, slowly..seems more steady. I bought in at peak..ouch..lost some money here but is staring to tip..hopefully 30p+ in next couple of weeks..if a contract lands we could double..that’s why I have to be in this share..nice to see the steady climb in the last few weeks, just means if we do pop we won’t retrace as much as last time..

[stuie] 07/8/2020 21:01

Interesting week , anyone have any thoughts? . I have been scanning publications like KOGC, and MEED etc. No mention of these LTA awards.

[bearnecessities] 06/8/2020 11:38

I agree re: the institutions and MMs. They are all corrupt, are out for themselves, and primarily out to screw the PI, but then that's always been the case.In terms of the price action, it really boils down to whether you're a trader or an investor. As an investor I would prefer steady gains, with higher lows as time goes on. By Christmas, and providing the company keeps progressing as it has, and winning more contracts, I expect this to be at least 50p.If you're trading it then understand why one would prefer a spikier share as that's the essence of the trading method.

[stuie] 06/8/2020 10:35

As a retail trader we would all love the steady tick up every day, but the institutions who run the show don't make money out of that. They feed off us retail and entice us in then force us out . If we get this news they will make a killing and yes it will retrace a lot, knowing when to sell is the most important thing in trading.

[bearnecessities] 06/8/2020 10:08

We are rising very nicely here, almost under the radar it seems. Much better this way imo rather than a big spike and sharp retrace.With positive Aramco news, we should at least establish a solid base in the 30s. It may even get there without this if it carries on rising nicely.GL all.

[stuie] 06/8/2020 09:54

As expected, they are keeping a very tight leash on these today. Any large buying pressure coming in today would be very very interesting. Don't see it somehow though, no leaks about news and the rampers have moved to other targets.

[stuie] 05/8/2020 20:43

Interesting few days coming up In my eyes. Looks like we are back in the trend phase pushing up, but the MM know if we go past 28.50 there is nothing to the left to act as resistance but a huge couple of candles which would see us fly to 32 or more. Not sure how they will play it, maybe push up then pull us back during the auction after close. Who knows .

[stuie] 04/8/2020 13:26

Nice buy in price . Some positive news would be well received about now.

[bearnecessities] 04/8/2020 13:04

I am already in here with a decent chunk at 22p, so won't be buying more.Just gonna let it ride. Think there's plenty more to come here over the coming weeks/months.Hopefully we can close 27p plus.

[babbler] 04/8/2020 13:02

Close that short....

[stuie] 04/8/2020 13:01

Nice tick up but I would be cautious at buying at this level. Price could whip back soon .

[bearnecessities] 04/8/2020 12:34

Sudden uptick in buying, 27p gone. Hmmmm.....