Legendary Inv. Share Discussion Threads

[ride the wave 1] 23/3/2016 10:26

Some mug just sold some at 0.13p .

Someone is trying to get people to sell - not fooling me .

Manipulation at its best .

[professor pettigrew] 23/3/2016 10:08

Couldn't agree more. Posted yesterday about similar movements in another stock a few years back. Did nothing for days and weeks on end, ambled around moving hardly but drifting down slowly, waiting for news.

Then something gave the game away. After a couple of days when there was no volume whatsoever at all (one day there were no trades at all), all of a sudden there was a very big buy, followed the next day by a large buy and two moderately sized ones. On days three there was another big buy (equivalent here to around 15m shares), then news came later that day and the share price took off.

It 20-bagged within a month.

[ride the wave 1] 23/3/2016 10:04

Looks like most new buyers will be paying more than 0.2p then . The mkt makers will tick this up / narrow the spread so fast on news and then the herd will be happy just to get in no matter what price they have to pay .

That's why the smart cookies should buy now (ahead of news) whilst the bb is quiet and after the weak have been flushed out (mentioning no names) .

Calm before the storm ....

[littlemadam] 23/3/2016 09:50

rtw, there's the rub. Buys. All of us here are more or less fully loaded. Need an rns then watch the buyers.
Come on leg!!

[ride the wave 1] 23/3/2016 09:19

2 vs 1 on L2 .

Ask should tick up to 0.16p on a few buys .

[professor pettigrew] 23/3/2016 08:07

Good morning to all, and good luck for today.

[professor pettigrew] 22/3/2016 17:57

As soon as the positive news hits, there will be no holding these. Days like these are the calm before the storm.

Seen it all before in so many stocks, ambling along for days and weeks on end, with hardly any volume. Price drifts around with hardly any big moves, then all of a sudden some bullish news hits the market and the share price goes mental.

What the MM's almost always never take into account is that even on days like this, there are people buying parcels of stock to add to their holdings, even if those parcels are fairly small.

Nonetheless it all makes for a tightening of the free float when positive news comes.

Everyone just has to be prepared.

[ride the wave 1] 22/3/2016 17:46

Little bull flag on the chart (little up wave with 50% retrace) .

Is 0.14p our next higher low ???

[greg_dancer] 22/3/2016 12:26

Thanks Rtw for your very informative posts, much appreciated, have taken profit out of 88e and put here, let it blow!!

[ride the wave 1] 22/3/2016 12:18

Richsmith ,

Nice top up mate , you will do very well here if you are patient and prepared too hold whilst VS grows . They wouldn't have employed world class bod if there wasn't huge potential , they have certainly got the right men for the job . If you open up a isa shares acc all your profits will be tax free !!!

Good luck :)

[ride the wave 1] 22/3/2016 10:17

Rns could come at anytime (the 2 household names are still to be announced)but the worst ways our CEO has to get the price up by the end of next month because of the little loan . If he does a small placing he will come out with news so the price marches up , that way the placing will get done at a nice level .

The company that does the placing buys loads of shares that pushes the price up , then they short it back down to the placing level . That's what normally happens IMHO .

Buy the cheap stock before this happens !!!!

[littlemadam] 22/3/2016 10:08

rtw why22nd ? What happened to rns by 4 March?

[ride the wave 1] 22/3/2016 09:51

Patience is a virtu :-

Its times like these that we earn our money , by being patient . Consolidating at the moment , making a nice new base to push up from . My money is on at least 2 transformatiinal RNSs by the 22nd of next month (at the latest) .

The market makers have been playing games recently but the fact that VS alone is worth more than 0.18p makes me a very strong holder here . I will keep on holding until VS floats and then I / we will all be quids in because true value will be realised.

EYES ON THE PRIZE .

GLA

[professor pettigrew] 22/3/2016 07:57

Good morning all, no news as of yet but each day is one nearer.

Good luck to all.

[littlemadam] 21/3/2016 13:09

Looks like mms short of stock. Just been offered .1425 for some of mine

[verbierdave1] 21/3/2016 13:04

Well only time will tell on that one.

[ride the wave 1] 21/3/2016 13:00

Moral of the story - don't get emotional about the share price and make rash decisions. You have made a schoolboy error for someone who has experience in this game IMHO

[ride the wave 1] 21/3/2016 12:58

Neither do we !!

0.1525p being paid now

[verbierdave1] 21/3/2016 12:48

I will be back as I do believe in this share (mainly VS) along with others out there like SOU and BPC. And yes I know I was only in this for a few weeks but I thought that the Bahamas Gov were going to drag their feet for quite a few more months as they had been doing over at BPC, alas its moving quicker, hopefully that means the JV will be signed quicker and I can come back here for the duration whilst I wait for the spud.

I've been doing this for quite a few years and waited for 6 months watching BPC before hitting the buy button and bought in at 1.18p so today was just a top up so I know all about buying low. In all honesty I really do hope that LEG is still waiting for news in two months time so I can get back in a good price but thats just for pure selfish reasons and don't expect it to be.

[professor pettigrew] 21/3/2016 12:42

Well, each to his own, and good luck with BPC, but I think you may have made a serious error selling that amount here.

When the news we expect is revealed there will be a severe squeeze on the shares. I agree with RTW, I think the MM's are actually becoming short of stock.

[ride the wave 1] 21/3/2016 12:40

Ok fair enough mate , I hope it all goes well for you and you get your losses back and come back to legendary .

[ride the wave 1] 21/3/2016 12:39

Buy high - sell low

You didn't even hold for 2 weeks !!!

The market transfers wealth from inpatient to the patient .

You are living proof of how NOT to do it .

[verbierdave1] 21/3/2016 12:39

I'm not saying that this doesn't have potential because it clearly does or I wouldn't have been in it in the first place but it's down to time frames and thats it. if someone gave you the choice of 5 or 15 what would you take?? RTW really is there any need for Jog on..... I keep tabs on about 5 or 6 different bb's because I have interest in several different shares and I'm not going to stop following a share that I think has potential just because I'm not in it at that moment, that would be just daft.

[ride the wave 1] 21/3/2016 12:36

LMFAO , if that makes him feel better !

Bless xxx