investment ideas wanted

[zippee]

powelly said:

Does anyone know of anyone who has made money in penny shares???

Yes, but I know of even more people who have lost money going this route.
There is the potential for a huge amount of gain, butthey're certainly not the safest of investments.

[911nutter]

powelly said:

Does anyone know of anyone who has made money in penny shares???

penny shares... as with all investments it's about timing - when to buy when to sell. i was up 40% and was so convinced (read greedy) i was going to make a killing that i hung on. needless to say i am currently 20% down on my investment. still no money is made / lost until the sale takes place.

btw - now is an excellent time to buy lots and lots of parity shares (stock symobl PTY)

[cptsideways]

Motor Trade - probably an route for the average PH'er

[jas xjr]

take a look at this: alibaba.com its a site that lets you look for buying leads in china and other countries
its amazing and highly addictive. worth a look

[ATG]

911nutter said:

still no money is made / lost until the sale takes place

with all due respect, bollox . Realised or unrealised, a loss is a loss. Better to stare the bugger in the eyes.

Penny shares are very risky (i.e. very volatile). The bid/offer spread is a large percentage of their price so trading them is expensive. The stocks are pretty illiquid so it is relatively easy to manipulate these markets, and this does happen quite a lot from what I hear. Some of my mates used to dabble a bit and were getting tips from a bloke who was almost certainly at least 75% bent as a corkscrew. They won on quite a few trades, and got horribly burnt on others. If you treat it as a laugh, it is OK, but be prepared to loose large chunks of your capital in the spaces of a few days.

[911nutter]

ATG said:

Realised or unrealised, a loss is a loss.

yeah, but thinking the way i do helps me sleep better at night!

golden rule: never invest more than you can afford to lose

[soir]

what about a classic car? they seem really cheap compared to a few years ago (I assume before average joe pumped his money into property instead?)

I've always fancies having a go on the stock market, but we worked out that because of the fee's ect, you would need to make about 10% just to break even - far to complicated for me!

however, I know if it was this easy everyone would do it, but it all seems so obvious especially in retail. I hear rumours of most major retailers being targeted by buyers then their share price seems to go up, buyer then buy's said company, share price goes up, they make redundancies (call it streamlining) price goes up, do a philip green and force all suppliers to reduce by 1%, results in more profit than overheads, price goes up, sell your shares??? (bet that's the lamest summary you've ever heard!)