Share tips thread

[p1stonhead]

egomeister said:

Shnozz said:

I could not agree more and its why I am cynical on anything at this level. In fact anything AIM. I've seen several of my mining shares (and pharmas) reduced to £0 and they sit ungainly in my portfolio as I can't "sell" a bankrupt stock so it serves as a nice little aide-memoire in the list to remind me to avoid generally.

That said, I have also seen some great gains in some penny stock that far outweigh the losses, but I won't do an LSE forum and spout more about those than losers. The reality of my situation (fortune has no doubt played the pivotal part on the AIM) is that I have had more losers than winners, but was lucky to have benefited more in £ gains from the small number of winners than I lost with the losers. Unless I was a very, very, wealthy man I would not have £75k at risk on any AIM stock. To have the option to extract the initial stake and leave in for the ride for free is an ideal scenario.

Indeed, your experience mirror mine. I've had a couple of terrible picks in the past which have wiped out or gone to near wipeout, but my good choices have outweighed them in return. There are good companies out there on AIM, hidden in all the rubbish if you can find them. Having said that, I've just stuck a few quid into a couple of tiny options which have the potential to go either way...

QPP can go fk themselves. I had shed loads of unrealised 'profit' in them until it tanked to basically zero one day.

Im not bitter

[Mattt]

Shhhh... one day Quadrise will make me millions.

• Fingers double crossed*

[Hobo]

Shnozz said:

I could not agree more and its why I am cynical on anything at this level. In fact anything AIM. I've seen several of my mining shares (and pharmas) reduced to £0 and they sit ungainly in my portfolio as I can't "sell" a bankrupt stock so it serves as a nice little aide-memoire in the list to remind me to avoid generally.

That said, I have also seen some great gains in some penny stock that far outweigh the losses, but I won't do an LSE forum and spout more about those than losers. The reality of my situation (fortune has no doubt played the pivotal part on the AIM) is that I have had more losers than winners, but was lucky to have benefited more in £ gains from the small number of winners than I lost with the losers. Unless I was a very, very, wealthy man I would not have £75k at risk on any AIM stock. To have the option to extract the initial stake and leave in for the ride for free is an ideal scenario.

Withiut knowing the full details, I suspect he is more than comfortable with regards his finances.

With regards selling, I also suspect like many others, myself inclufed, he has his own plans with regards the sale of sxx shares should they go as planned/hoped.

I'd struggle, at present, to stop myself selling a few should they hit £2, as would represent a very significant amount of money. My worry is I buckle before then and they go much higher. I went in to it willing to lose my investment, but believing with all I knew about the development/company from what I had read/listened to, coupled with industry knowledge/information, that it was definately worth the opportunity.

Only time will tell though.

[Shnozz]

Hobo said:

Withiut knowing the full details, I suspect he is more than comfortable with regards his finances.

With regards selling, I also suspect like many others, myself inclufed, he has his own plans with regards the sale of sxx shares should they go as planned/hoped.

I'd struggle, at present, to stop myself selling a few should they hit £2, as would represent a very significant amount of money. My worry is I buckle before then and they go much higher. I went in to it willing to lose my investment, but believing with all I knew about the development/company from what I had read/listened to, coupled with industry knowledge/information, that it was definately worth the opportunity.

Only time will tell though.

Fair enough - that's me told. I'll stand in the corner with my hat on.

[Hobo]

No offence meant, just being honest.

Hopefully it works out great for us all. Hoping for some significant upward movement in the next few weeks/months as we count down to;

1. Confirmation of funding
2. Works on site starting

[egomeister]

p1stonhead said:

QPP can go fk themselves. I had shed loads of unrealised 'profit' in them until it tanked to basically zero one day.

Im not bitter

I've taken a gamble with my picks, not played Russian roulette!

[p1stonhead]

egomeister said:

p1stonhead said:

QPP can go fk themselves. I had shed loads of unrealised 'profit' in them until it tanked to basically zero one day.

Im not bitter

I've taken a gamble with my picks, not played Russian roulette!

I was in early and there was a good few months of steady increases until it all came crashing down.

It wasn't a total stab in the dark I don't think.

[Muffster]

Evening folks,
Which platform you you use for trading? Can anyone recommend who to use, HL for example.
I ask because i use Halifax share dealing account and set up a trade this morning before the markets opened but by the time it had gone through the SP had risen quite a bit so i lost out, not by a kings ransom amount but i would rather have had it in my pocket.
Is their a better way to do it?

Thanks.

[p1stonhead]

I use HL. No issues with them so far.

[p1stonhead]

Of all the ones I was sure was gonna go nowhere, Facebook was near the top of the list;

How wrong was I!

[g4ry13]

p1stonhead said:

I use HL. No issues with them so far.

Another vote for HL. One issue with them over Royal mail shares but it was sort of resolved.

[Hainey]

p1stonhead said:

Of all the ones I was sure was gonna go nowhere, Facebook was near the top of the list;

How wrong was I!

Don't worry, I was on that particular fail train as well. That's a barking dog I thought...doh!

[Zippee]

p1stonhead said:

I use HL. No issues with them so far.

Plus another here. No issues at all.

[shopper150]

I use HL and IG.
Both are good.
IG is cheaper and a much better platform and iOS app.

[fausTVR]

Zippee said:

p1stonhead said:

I use HL. No issues with them so far.

Plus another here. No issues at all.

Me too, I have not investigated any other platforms for relative cost etc., but HL have so far met my simple needs without hiccup.

Re SXX, I have placed a limit buy at 23p so I'm happy if it goes in either direction short term.

Edited by fausTVR on Thursday 28th July 09:56

[p1stonhead]

Sound Energy (SOU) doing very nicely for me indeed.

[TheGroover]

p1stonhead said:

Sound Energy (SOU) doing very nicely for me indeed.

And me - I'm just trying to gauge when to pull out my original investment. Can't see that being before the results of the next drill though.

[p1stonhead]

TheGroover said:

p1stonhead said:

Sound Energy (SOU) doing very nicely for me indeed.

And me - I'm just trying to gauge when to pull out my original investment. Can't see that being before the results of the next drill though.

Im hoping for 70p+ before taking any out personally. But I dont actually have that much in so isnt really worth it for me before that.

[NRS]

I guess anyone's guess is as good as another, but how much further do people predict oil will be declining too from here?

[twinturboz]

NRS said:

I guess anyone's guess is as good as another, but how much further do people predict oil will be declining too from here?

On the WTI 38 should be good support, has been a great short since the 50's and accelerated to the downside more when it lost the uptrend off the bottom a week or so back at 47. At the moment short term oversold.

If your into charting have a look at the 2 month 4 hour chart, notice since we lost the trend at 47 its more or less been systematic selling within a channel held down by the 10 Ema the whole way. That should give you a decent idea what to look for if you want to get long for a reversal.

Bigger picture, expecting a reversal soon to squeeze out the shorts which might take us as far as the 47-50 area to then set up a bigger short to retest the Jan lows.

Edited by twinturboz on Tuesday 2nd August 10:49