Legendary Inv. Share Discussion Threads

[chinese investor] 20/4/2016 11:09

A good example of selling resulting in the share price dropping can be see in the Prof's excellent header.
Thank you Prof for providing this useful facility.

[chinese investor] 20/4/2016 10:46

DL - Great research - In addition I've always found that selling increases the chances of the share price dropping (e.g. LEG).

Hope this helps.

[dongle features] 20/4/2016 10:28

As ever, the big question is, will the share price go up or go down.
If there is any buying then the chances of the share price going up goes up.

Ive seen it all before.

Africa 1950s.

[professor pettigrew] 20/4/2016 10:15

As ever, the big question is, can we rise back from this intra-day low back to either line or above, thereby keeping the uptrend intact?

Lots of time left, would be nice to see some further buying interest though.

[professor pettigrew] 20/4/2016 10:00

And ticks down on the slight bit of selling pressure!

Bit of a pattern developing here, the mm's seem to be playing a canny game to pick up cheap stock ahead of any announcements. They must be very tetchy and as you say RTW1 any buying pressure will easily send this back up.

Lack of news not helping though.

[chinese investor] 20/4/2016 09:52

Go Wonkie !

[chinese investor] 20/4/2016 09:42

WTI - that was another £300,000 down the toilet !

[michaelsadvfn] 20/4/2016 09:22

WTI

Thanks for the tip Prof, although I did sense you'd got your timing wrong by buying at 11p.

I bought at 0.3p...

Professor Smelgy - 22 Dec'10 - 22:04 - 4571 of 6917
............I have been topping up quietly today, and have purchased an additional 500,000 at under 11p.
To add to the 2.5m purchased in tranches last week. I hold 3m.

Professor Smelgy - 12 Jan'11 - 11:39 - 5352 of 6917
............by the way went in for a further 50,000 this morning.
Now holding just over 3.2m.


free stock charts from uk.advfn.com

[astute person] 20/4/2016 08:55

1 monkey on the toilet wondering what he's going to tell the wife.

[ride the wave 1] 20/4/2016 08:53

2 vs 1

3 monkeys on 0.27p now :)

[wrestlingmad] 20/4/2016 08:48

Some ex colleagues said last night at my dinner party that they would not be buying LEG.
That's their trades.

[michaelsadvfn] 20/4/2016 08:44

Yes, definitely a bullish portent.

Anyone not living in Carshalton Beeches is a fool imo.

Just saying like.

[poseidon adventure] 20/4/2016 08:35

Absolutely no trades in my experience is always a healthy sign.

[ride the wave 1] 20/4/2016 08:20

2 monkeys on 0.27p ask . Should tock up on the slightest bit of buying pressure imo .

[adrian noble] 20/4/2016 08:12

I looked at these some weeks back, but was disheartened by the fact that they were stuck in a groove of around 0.06-0.09 with only the one foray into the 0.36/37 level only to fall back again to the old ways.

[professor pettigrew] 20/4/2016 08:03

Good morning all, and best of luck for today's action.

[michaelsadvfn] 20/4/2016 07:59

I looked at these some years back, but was always disheartened by the fact that they were stuck in a groove of around 0.07-0.12 with only the odd foray into the 0.14/16 level only to fall back again to the old ways.

Just saying like.

[chinese investor] 20/4/2016 07:56

Good Morning !

Any "Dinner Party" News !

[kemorkid] 19/4/2016 21:34

Great posts ride and prof
Couldn't agree with you more.
Good luck and thanks to both of you
and here's to good news soon.

KK

[ride the wave 1] 19/4/2016 21:26

All the traders need to buy back in and they will push the price back up . The market transfers wealth from the inpatient to the patient . Let the mugs sell because I couldn't give a monkeys what other people do . I'm playing the long game and that's where the most money will be made !!!

GL PP

[professor pettigrew] 19/4/2016 20:07

Beat you to it there RTW1. Good thinking. The chart looks very interesting, as it's a very long-term uptrend.

I looked at these some years back, but was always disheartened by the fact that they were stuck in a groove of around 0.07-0.12 with only the odd foray into the 0.14/16 level only to fall back again to the old ways.

Now, it's pretty obvious that we have a solid head of steam here, as the uptrend is intact and people are freely paying up to 0.3p (and soon will be paying a lot more) for LEG stock.

The only fly in the ointment currently is that we have a lot of people awaiting news, and they may get impatient, but as you correctly say, if they want to sell let them. Others will simply hoover up their stock.

ATB.

PP.

[ride the wave 1] 19/4/2016 19:45

DOUBLE BOTTOM @ 0.245p

Seems like we have strong support at this level,because the Bears failed to get it any lower . The weak sellers must have jogged on by now so it's just the long and strong holders here now . This little correction wave will be over very soon and then we will start our next wave up that will reach a new yearly higher high (as the uptrend continues) .

The rsi has unwound a bit now which is a good thing going forwards . We are looking for the moving averages to turn bullish and we want the Macd to turn positive within the next few days . I'm still very bullish on this stock and that's the reason why I have no problem riding the waves up and down . The fundamentals will only get stronger and stronger in the next 12 months .

The potential here is truly amazing , only the mugs with no patience have moved on .

GLA