Share tips thread

[bad company]

I'm going to continue just re investing dividend £'s for now. Happy to do that but not confident about putting new money in at the moment.

[DonkeyApple]

Never any harm in adding to positions if it's part of a long term strategy and a balanced portfolio. Just very dodgy to be opening new positions.

[dingg]

Zippee said:

Hard for me as I work for a fund manager I'm not allowed to short, nor can I buy and sell same stock within 30 days. I added to a couple of existing positions though.

But surely your missus can?

[bad company]

Zippee said:

Hard for me as I work for a fund manager I'm not allowed to short, nor can I buy and sell same stock within 30 days. I added to a couple of existing positions though.

Buy & sell nominee shares and surely your employer will never know?

[Countdown]

I think SSE and Carillion for me next. Both are paying good yields.

[DonkeyApple]

bad company said:

Buy & sell nominee shares and surely your employer will never know?

There is no hiding. And nominees hide absolutely nothing from anyone.

When you work for a regulated institution your contract will stipulate that you declare your financial dealings in almost all circumstances. Never more so when that entity is handling market sensitive information.

I've even seen FDs being so stupid as to think that spread bets aren't reported transactions!!!

[kiethton]

DonkeyApple said:

bad company said:

Buy & sell nominee shares and surely your employer will never know?

There is no hiding. And nominees hide absolutely nothing from anyone.

When you work for a regulated institution your contract will stipulate that you declare your financial dealings in almost all circumstances. Never more so when that entity is handling market sensitive information.

I've even seen FDs being so stupid as to think that spread bets aren't reported transactions!!!

This, it's just not worth it. Even if it's in the greyscale if you have additional considerations beyond your employer (CFA OR fCA) you need to be squeaky clean, you can throw away a career if one period on believes you've interpreted something in the wrong way nowerdays.

[Zippee]

bad company said:

Zippee said:

Hard for me as I work for a fund manager I'm not allowed to short, nor can I buy and sell same stock within 30 days. I added to a couple of existing positions though.

Buy & sell nominee shares and surely your employer will never know?

Not worth risking my career for. I even need permission to deal on the wifes account.

[Richyboy]

Condi said:

Wow... you really believe that HSBC would use BACS payments to keep it afloat?

Honestly, if you believe st like that, please dont think about investing. Im all for doing your own research, and keeping an open mind, but that is a long way from the truth.

Yeah I know this is bks but this sort of thing spreading round the net can tuck us up.

[bad company]

Zippee said:

bad company said:

Zippee said:

Hard for me as I work for a fund manager I'm not allowed to short, nor can I buy and sell same stock within 30 days. I added to a couple of existing positions though.

Buy & sell nominee shares and surely your employer will never know?

Not worth risking my career for. I even need permission to deal on the wifes account.

Fair enough but that does all seem very restrictive.

[DonkeyApple]

bad company said:

Zippee said:

bad company said:

Zippee said:

Hard for me as I work for a fund manager I'm not allowed to short, nor can I buy and sell same stock within 30 days. I added to a couple of existing positions though.

Buy & sell nominee shares and surely your employer will never know?

Not worth risking my career for. I even need permission to deal on the wifes account.

Fair enough but that does all seem very restrictive.

Not at all, in reality. You have two main issues as the business owner, firstly you have staff who have access to price sensitive information, whether directly or indirectly through clients or social circles, as such you need to ensure that they don't act on this information so a dealing policy that prevents trading but permits long term non price sensitive investment makes sense. And secondly, as the employee, you pay your staff to service your clients not be distracted trading the markets. Then add in the regulatory environment and it becomes even more important. And obviously, your rules need to include dealing on accounts held in other names or masked etc.

Over the last 20 years Ive been at the heart of the growth of the UK OTC industry and to this day it is still all too common for regulated individuals to try and sneak in insider trades. They will use mates' accounts, lie in a Spreadbet application that they are regulated so no reporting goes to their Compliance, they will open offshore accounts. In reality, if they really want to trade then they can but as the owner of the firm I will ensure that I have done all I can to prevent them and they'll be tinned if caught as it is my livlihood at risk otherwise.

[bad company]

FTSE down 160 already this morning.

Dont Panic !!!!!

[K12beano]

bad company said:

FTSE down 160 already this morning.

Dont Panic !!!!!

Don't know what to buy first!

[Burwood]

K12beano said:

bad company said:

FTSE down 160 already this morning.

Dont Panic !!!!!

Don't know what to buy first!

buy whatever has fallen the most in the last 3 months. cant lose

[bad company]

Burwood said:

K12beano said:

bad company said:

FTSE down 160 already this morning.

Dont Panic !!!!!

Don't know what to buy first!

buy whatever has fallen the most in the last 3 months. cant lose

If only it was that easy.

[DonkeyApple]

If you want a freebie then IGG always sells down in a market sell off yet they will have made more last week than in any normal month, maybe even quarter. As such, when the market stabilises IG always rallies back to where it was.

It currently has uncertainties as the CEO has bailed earlier than he planned and the COO won his battle with the FD and the FD has legged it. At the same time they've lost all their original, senior and experienced staff but the market doesn't care about that.

[twinturboz]

Very high risk but I think Uvxy has started it's death march, of course now it's going to absolutely slaughter me tomorrow.

I see citroen are back at it with Nflx this time, has any of their shorts worked? I seem to remember each stock climbing in the day or two after they've made a call to go short on it.

[Burwood]

anyone who shorts netflix is a complete moron. It may have a high PE but it's growth rate is extreme. At least pick a stock with a higher PE, plenty out there.

[walm]

twinturboz said:

I see citroen are back at it with Nflx this time, has any of their shorts worked? I seem to remember each stock climbing in the day or two after they've made a call to go short on it.

Assuming you mean Citron - I haven't seen that!?

Also Burwood, I wouldn't short NFLX but your rationale is odd.
There is a right price for everything.
Just because something is growing fast you can still do fundamental valuation work on it.

[Shnozz]

Interesting article on Quindell (and particularly Rob Terry's attitude) on P3 of today's Business section of the Telegraph.