-
The above Banner is a Sponsored Banner. Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.
Reputation Activity
-
Kman got a reaction from SilverDrum in Silver Monitoring Thread £ (GBP) only.
Why would you delight in being right > silver going up? you sell silver, have money invested in silver and your channel views increased on the buzz around silver
You're laughing in the face of your clients and audience
Odd
-
Kman reacted to KDave in My first trade - Shell / BP
I had a look, they lost money achieving roughly same average price per barrel as previous quarter. That means at current oil price they are now making money (this quarter). The most important thing for me is that the have reduced debt - this is a good sign. Second to that is talk of starting share buy backs within the year, this is also good news but I would like to top up this year before the price moves up ideally.
My only concern with BP is the management, they are going big on the green, which is where the losses are. I did read the other day though that they had defended their Russian projects, those are where the money is. If they sell their stake in Russia I will dump BP and move into another company that isn't going to destroy itself. So far so good though.
Dividend maintained, can't ask for more given the yield. Happy to hold and see what management decides to do this year.
-
Kman got a reaction from Roy in Thoughts on buying platinum?
If I were bullish on platinum then an etf or miner seems like a much better way to go about it
Liquid, no vat paid, no tax on gains in an isa
Not as fulfilling as holding but as an investment it makes a lot more sense
-
Kman got a reaction from ZigZag in Thoughts on buying platinum?
If I were bullish on platinum then an etf or miner seems like a much better way to go about it
Liquid, no vat paid, no tax on gains in an isa
Not as fulfilling as holding but as an investment it makes a lot more sense
-
Kman got a reaction from GoldStatue in Thoughts on buying platinum?
If I were bullish on platinum then an etf or miner seems like a much better way to go about it
Liquid, no vat paid, no tax on gains in an isa
Not as fulfilling as holding but as an investment it makes a lot more sense
-
Kman got a reaction from kimchi in Silver Monitoring Thread £ (GBP) only.
Why would you delight in being right > silver going up? you sell silver, have money invested in silver and your channel views increased on the buzz around silver
You're laughing in the face of your clients and audience
Odd
-
Kman got a reaction from WILLIG666 in Silver Monitoring Thread £ (GBP) only.
Why would you delight in being right > silver going up? you sell silver, have money invested in silver and your channel views increased on the buzz around silver
You're laughing in the face of your clients and audience
Odd
-
Kman got a reaction from Nick1368 in Silver Monitoring Thread £ (GBP) only.
You're equating what I said incorrectly
The advice and view points in bybs videos overall very sensible
But posting screenshots mocking people, screenshots gloating about views, being happy silver is going down - undignified
-
Kman reacted to HawkHybrid in Silver Monitoring Thread £ (GBP) only.
those 'get rich quick' silver pumpers(gamblers) are a joke, I don't get how it's undignified to say that.
HH
-
Kman got a reaction from Nick1368 in Silver Monitoring Thread £ (GBP) only.
Why would you delight in being right > silver going up? you sell silver, have money invested in silver and your channel views increased on the buzz around silver
You're laughing in the face of your clients and audience
Odd
-
Kman reacted to HighlandTiger in GameStop / Reddit News
Great to see the reddit lemmings crash and burn, and service is back to normal.
Hopefully no-one on here lost their shirt following the reddit financial "experts"
-
Kman reacted to Shinus73 in Silver Monitoring Thread £ (GBP) only.
Interesting day, seemed backwards by the end of it.
You had the Reddit bunch denying involvement and CNBC, who normally piss all over any rally in metals, seeming almost giddy with excitement.
Somethings going on, but I won’t even try to guess what.
Also, by chance had some eBay listings end tonight. Sold 9 oz of silver for an average of £35 each.
-
-
-
Kman reacted to LawrenceChard in Wallstreetbets eye up SLV
Duncan Chard's theory is that the hedge funds who have been / are under pressure may have started this rumour to take pressure off themselves, also possibly as their next play / market manipulation.
-
Kman got a reaction from jultorsk in GameStop / Reddit News
If you look at gme volume its pretty low
This site says theyre still almost 98% short - https://financhill.com/most-heavily-shorted-stocks-today
I don't think anyone wants to sell, they don't need to, the shorts need to buy
I don't know what the final mechanics of the outcome will be but it looks like hedge funds bust, retail rich unless the government step in
If I wasn't a coward I'd throw in a decent amount of money 😎 they have them and they aren't letting go
Volatility etf might end up being a big winner
-
Kman got a reaction from RedDragon77 in Silver Monitoring Thread $ (USD) only
This is my current broad view silver chart
Drew in the blue line then replicated it
Over the past few months the highlighted area has been a good spot to buy which is about a $1 window, currently $23-24, will it stay like that no idea
And other than that these two lines have come into play
-
-
Kman got a reaction from MancunianStacker in GameStop / Reddit News
This is a short squeeze
How I currently understand it is: hedge funds hold short positions
To exit those shorts they have to buy stock
Most /r/wallstreetbets people are holding or buying and not selling
The hedge funds have to pay interest on the shorts they're holding, the higher it goes the more they pay, they're desperate to buy to be able to get out, when they do manage to buy it drives the price up
Hopefully there's some verified data out about just how many short positions are left
-
Kman got a reaction from motorbikez in GameStop / Reddit News
This is a short squeeze
How I currently understand it is: hedge funds hold short positions
To exit those shorts they have to buy stock
Most /r/wallstreetbets people are holding or buying and not selling
The hedge funds have to pay interest on the shorts they're holding, the higher it goes the more they pay, they're desperate to buy to be able to get out, when they do manage to buy it drives the price up
Hopefully there's some verified data out about just how many short positions are left
-
Kman got a reaction from motorbikez in GameStop / Reddit News
If you look at gme volume its pretty low
This site says theyre still almost 98% short - https://financhill.com/most-heavily-shorted-stocks-today
I don't think anyone wants to sell, they don't need to, the shorts need to buy
I don't know what the final mechanics of the outcome will be but it looks like hedge funds bust, retail rich unless the government step in
If I wasn't a coward I'd throw in a decent amount of money 😎 they have them and they aren't letting go
Volatility etf might end up being a big winner
-
Kman got a reaction from MancunianStacker in GameStop / Reddit News
If you look at gme volume its pretty low
This site says theyre still almost 98% short - https://financhill.com/most-heavily-shorted-stocks-today
I don't think anyone wants to sell, they don't need to, the shorts need to buy
I don't know what the final mechanics of the outcome will be but it looks like hedge funds bust, retail rich unless the government step in
If I wasn't a coward I'd throw in a decent amount of money 😎 they have them and they aren't letting go
Volatility etf might end up being a big winner
-
Kman got a reaction from Arganto in Wallstreetbets eye up SLV
50 billion lol
The loss of 2008 would have gone into trillions
-
Kman reacted to SilverMike in Wallstreetbets eye up SLV
To short a stock:
Borrow shares from your broker, immediately sell them at the current market rate, lets say £10 share, this drives the price down (or as a PI without millions to play with you judge it when you think a share is going to tank) When the market bottoms, buy the shares back at lets say £5 a share Give the shares back to the broker, position closed. You pocket £5 a share with Gamestop:
Hedgefund took a massive short (i.e. borrowed a lot of stock and sold it), driving the price down, the share capitulates as stops are triggered etc and the share sinks even lower. Funds can hold these positions for a long time sometimes, trying to drive the price even lower before they close. (destroying PI's, companies, pension funds etc on the way) Reddit guys decided to go on a massive buy run, pushing the price of the share up, fast and so far past the entry point (sell point) of the hedge fund that they exceeded the value of the entire hedge fund at $13.1bn at one point. The hedge fund hung on hoping the the price would crash again, it didn't Hedgefund eventually gave up it's position and started buying the stock back to give back to the broker, pushing the share price up even further. With silver ( or gold or btc for that matter)
as discussed in this thread, some of the large funds, banks etc have held PM back for a longtime by selling heavy (going short) for many reasons (and lots of other dirty tricks), assuming you take the position PM should have gone up a lot more than it has for many reasons. There's a big pump going on now all over social media to try and push silver to the point that these big funds need to start buying the silver back as it would cross the point they loaned it and sold it at, as was the case with GameStop. who knows, it may happen, only takes for one big fund to get shaky, especially after what happened this past week and start closing their position and this then increase the price and causes more to close (buy) so on and so forth - its very much the opposite of what the financial institutions have been doing to PI's for years. I might not have all the details totally right, but this it a basics of it...
-
Kman reacted to Heirlooms in Today I Received.....
This beauty just arrived. Only proof Queen’s Beast I’ve got but the Griffin is my favourite design. Stunning in the flesh stunning 🤩