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Luke.

10,991 posts

250 months

Monday 20th April 2015
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walm said:
trashbat said:
you shouldn't be anywhere near AIM shares
I think this should be a general rule for everyone.
As Obi-wan warned us, "You will never find a more wretched hive of scum and villainy."
I bought GW Pharmaceuticals on AIM at 118p. Currently on 627p. biggrin

Luke.

10,991 posts

250 months

Monday 20th April 2015
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Now 629p..

DonkeyApple

55,269 posts

169 months

Monday 20th April 2015
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Pete102 said:
Wanted to buy a chunk of AAPL on opening today but then iii decided to have a fit and tell me to call them to complete the trade...missed the boat, currently up 1.8%. Arsewipes, time to move broker.
probably not a broker issue. Was it limit or market order?

twinturboz

1,278 posts

178 months

Monday 20th April 2015
quotequote all
Pete102 said:
Wanted to buy a chunk of AAPL on opening today but then iii decided to have a fit and tell me to call them to complete the trade...missed the boat, currently up 1.8%. Arsewipes, time to move broker.
You'll probably get another chance to buy back lower. It's been faffing about going nowhere within a trading range. Yet to break out might need earnings to trigger it.

AOK

2,297 posts

166 months

Monday 20th April 2015
quotequote all
twinturboz said:
You'll probably get another chance to buy back lower. It's been faffing about going nowhere within a trading range. Yet to break out might need earnings to trigger it.
Am I right in saying that Apple historically never abides by the "Sell in May" philosophy? Sure I read something along those lines last year? Of course, I'm fully aware its just a vague trading myth not something to swear by!

Oakey

27,566 posts

216 months

Monday 20th April 2015
quotequote all
Luke. said:
walm said:
trashbat said:
you shouldn't be anywhere near AIM shares
I think this should be a general rule for everyone.
As Obi-wan warned us, "You will never find a more wretched hive of scum and villainy."
I bought GW Pharmaceuticals on AIM at 118p. Currently on 627p. biggrin
I wish I'd had the money to put into them when I heard of them six years ago frown

Pete102

2,045 posts

186 months

Tuesday 21st April 2015
quotequote all
twinturboz said:
You'll probably get another chance to buy back lower. It's been faffing about going nowhere within a trading range. Yet to break out might need earnings to trigger it.
Hi Twin,

Hoping so, to be honest I was looking for a quick trade or two. Jumping into APPL at $95 and offloading at $126 I did ok earlier in the year and I've been watching since. Does seem to be trudging along in this channel 125 - 128 (ish), either way I was confident it would increase yesterday from 125 (which it did) just unfortunate I couldnt buy in.


isee

3,713 posts

183 months

Tuesday 21st April 2015
quotequote all
Shaoxter said:
Generally on IG most people are long individual stocks and short FTSE as a sort of alpha strategy. Don't think you can imply that 92% of people on IG think that the FTSE is going to fall.
A good point well made, I am not taking this info as anything solid or worthwhile, just speculating out loud.

twinturboz

1,278 posts

178 months

Tuesday 21st April 2015
quotequote all
AOK said:
Am I right in saying that Apple historically never abides by the "Sell in May" philosophy? Sure I read something along those lines last year? Of course, I'm fully aware its just a vague trading myth not something to swear by!
Far as I remember no real pattern, some years it's been down a bit others flat, but I guess you could say no real sell offs.

Pete102 said:
Hoping so, to be honest I was looking for a quick trade or two. Jumping into APPL at $95 and offloading at $126 I did ok earlier in the year and I've been watching since. Does seem to be trudging along in this channel 125 - 128 (ish), either way I was confident it would increase yesterday from 125 (which it did) just unfortunate I couldnt buy in.
Since that move where it made highs @133ish it's been more or less trading in a triangle, basically consolidating. For the last few weeks it's been constantly bouncing off the 50 day moving average, so although the signs are there that it should break to the upside it's never that easy.

It wouldn't surprise me if we have a similar situation to last October, i.e. this current move breaks down and we go below the 50day to shake out some weak longs before the real move starts, that's why I was saying you may get a chance to buy lower than yesterday morning. But personally I have some long just in case that head fake doesn't happen and would add to it if we get as low as 120.

128.50 might give some clues today if this move is for real or not.



Edited by twinturboz on Tuesday 21st April 13:13

isee

3,713 posts

183 months

Tuesday 21st April 2015
quotequote all
looking for thoughts on Vedanta and Esure if anyone has had a look recently and has an opinion with regarding to adding these two to a dividend portfolio.

Luke.

10,991 posts

250 months

Tuesday 21st April 2015
quotequote all
Oakey said:
Luke. said:
walm said:
trashbat said:
you shouldn't be anywhere near AIM shares
I think this should be a general rule for everyone.
As Obi-wan warned us, "You will never find a more wretched hive of scum and villainy."
I bought GW Pharmaceuticals on AIM at 118p. Currently on 627p. biggrin
I wish I'd had the money to put into them when I heard of them six years ago frown
I think I actually mentioned them on this thread about six years ago.

Dave350

359 posts

118 months

Tuesday 21st April 2015
quotequote all
My shares in BooHoo (Clothes retailer similar to Asos on a smaller scale) have gone from 26p and tipped 30p today over the past 6 weeks.

I can see these creeping up to 40p in the short-medium term with some good results.

Condi

17,188 posts

171 months

Wednesday 22nd April 2015
quotequote all
DonkeyApple said:
Shaoxter said:
Generally on IG most people are long individual stocks and short FTSE as a sort of alpha strategy. Don't think you can imply that 92% of people on IG think that the FTSE is going to fall.
I wouldn't infer anything much from IG client data other than as a bookie you'd aim to be on the other side of it. wink

I'm not away of any relevant group of IG clients having an actual strategy either.

I would also question how this data is actually calculated as it would be unusual for a bookie to show their book status publicly.
IG are a broker not a bookie. They dont take a position, just a commission from the clients setting their own positions on the market.

Someone is matching those trades on the other side.

trashbat

6,006 posts

153 months

Wednesday 22nd April 2015
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Fess up then, who's got Tesco? £4.7bn writedown on assets (property I think)!

Pete102

2,045 posts

186 months

Wednesday 22nd April 2015
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not me, although possible opportunity once the dust has settled?

DSLiverpool

14,742 posts

202 months

Wednesday 22nd April 2015
quotequote all
trashbat said:
Fess up then, who's got Tesco? £4.7bn writedown on assets (property I think)!
Will get a nice Corp tax rebate out of it and new guy has made it as bad as possible so any natural upturn makes him look good.

DoubleSix

11,714 posts

176 months

Wednesday 22nd April 2015
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Kitchen sinking.

walm

10,609 posts

202 months

Wednesday 22nd April 2015
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Condi said:
IG are a broker not a bookie. They dont take a position, just a commission from the clients setting their own positions on the market.

Someone is matching those trades on the other side.
Not true.
There is some natural hedging (clients taking both sides) and they will limit their risk by going out into the market hedging themselves when it is "cost effective" but they do have equity exposure.

From their annual report, "As a result not all net client exposures are hedged and the Group may have a residual net position".
They limit it to £20m and the average exposure for FY14 was just over £18m.

They aren't Betfair.
It is not just an exchange.

Frankly they make good money not worrying about their client exposures because they know full well that most of their clients are idiots and will lose money over the long term.

DonkeyApple

55,269 posts

169 months

Wednesday 22nd April 2015
quotequote all
Condi said:
DonkeyApple said:
Shaoxter said:
Generally on IG most people are long individual stocks and short FTSE as a sort of alpha strategy. Don't think you can imply that 92% of people on IG think that the FTSE is going to fall.
I wouldn't infer anything much from IG client data other than as a bookie you'd aim to be on the other side of it. wink

I'm not away of any relevant group of IG clients having an actual strategy either.

I would also question how this data is actually calculated as it would be unusual for a bookie to show their book status publicly.
IG are a broker not a bookie. They dont take a position, just a commission from the clients setting their own positions on the market.

Someone is matching those trades on the other side.
Er, they are a bookie. They run the largest retail book in the UK.

walm

10,609 posts

202 months

Wednesday 22nd April 2015
quotequote all
And IG is down.
What did you guys do!!!!?
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