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Rene plc

Discuss Stock buying Shares, tips and ideas for stock market dealing
SentimentRules
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Re: Rene plc

#235367

Postby SentimentRules » July 9th, 2019, 10:12 pm

IronPyrites wrote:Hi SentimentRules

Many thanks for introducing an investment I would probably not look twice at. Of course this doesn’t mean it won’t make you money :-)



You will never see me recommend what others might buy. Can't blame me then. Lol.

Imagine if I recommended Lloyds , itv , tesco, Barclays, itv , imperial brands, vodafone etc..... I'd have been assassinated by now. All hindsight 'wouldn't touch with a barge pole stocks '

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Re: Rene plc

#235387

Postby Alaric » July 9th, 2019, 11:29 pm

SentimentRules wrote: I dont buy these at levels where liquidity would concern me so.


It could concern a fund manager with funds previously the size of Woodford's.

What seems to have seen over recent months is erratic and sometimes apparently illogical price movements in shares where Woodford funds were known to have holdings. The ever climbing yield of Imperial Brands as the price falls being one observed.

SentimentRules
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Re: Rene plc

#235439

Postby SentimentRules » July 10th, 2019, 8:31 am

Reason rarely applies in stocks . It only seems to have applied , when it matches our own reasoning. So that's not exactly logical either.

So take reason out of tbe equation..Track a stock in a way that doesn't include reason or emotion, yet points out the thoughts of the mass.. But not the mass of the participants. The cash mass

SentimentRules
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Re: Rene plc

#235444

Postby SentimentRules » July 10th, 2019, 8:39 am

Cash is the only thing that gives you direction without a misleading bias. It's the only fact in the whole market .

Now, if manipulation (even legal form) exists? The cash tracking wont let you down.. Because cash doesn't reason or rationalise. It just is...

SentimentRules
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Re: Rene plc

#235456

Postby SentimentRules » July 10th, 2019, 9:06 am

RENE update.

268p struck. This was the price that was rejected last time , driving price to under 200.

So my plan now is simple. Can't let a 10% gross holding run back to a loss.

This is the key moment for 33% target. No interest in 10% here so...33% or 0% return from here. But no risk on table now

SentimentRules
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Re: Rene plc

#235585

Postby SentimentRules » July 10th, 2019, 4:17 pm

AleisterCrowley wrote:So you basically just guess then...

Works some of the time.


It's not me guessing.. I ask my cat to meow once for buy, and twice not to.

Better bring it to the vet because luck runs out when the cat perishes.

The cat says: 292 the next assessment price if it can take out 274. There is a meow at that price that needs barking at.

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Re: Rene plc

#235965

Postby SentimentRules » July 11th, 2019, 5:45 pm

The bark couldn't take out the cat 274 this time. I'm out. Another shoulda taken 10%..

Looking back 12 months on my AIM aggregate, the balance couldn't even buy a car.

Too much effort for the small returns. Time to stick to ftse 350 , etfs and similar global stocks.
Was an enjoyable experiment though. But not efficient use of time.

The 12 month outcome :

Only do small to mid cap on etfs.


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