AMC - Amur Minerals

AMC has been pumped and dumped on numerous occasions.

Today it was valued at £185m and found reverse.

I took out a short position today.

It is well overbought.

what were his reasons for saying that Andrew?

Hi all

Nothing technical related but I know a lot are invested and have made good money , now this doesn't mean to say it won't go higher as the retail are driving this currently.

But my cousin happens to run glencores whole nickel division and I had a chat with him about this and his views were to stay well away , long run investors will lose out.

Good luck all

Chartwise any views on where this is going?

Stig

Don't sweat it Paitech - looks like you done good to me. Doubling up on a 'huge amount of shares' is a lot LOT better than anything I've managed thus far this last 3 years of PAIN with XEL and GKP in particular! Well done you!

I just wish I'd homed in on this site first to cultivate a more cool, calm and calculated approach to investing rather than falling for all of the hype on iii and rushing in/about like an over-exhuberant puppy dog!

Although look out other AMUR holders….. I'm thinking of bagging a few on Monday…. which will invariably only have one outcome…. SP turns around and heads back down with gusto!!

I always liked AMC... last time it went ..to high of 60s and 70s.. I missed the boat...
So loaded up this time.. with... sub 4 to 6 p, ... but silly me...solt at 9.7p...
It was huge amount of shares... but.. funds were needed for something else..
looks like... jumped out too soon? feels gutted....

Same with SXX ...
Good luck to those who still hold... good weekend... ta G