Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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Soldato
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- Stanley Hotel, Colorado
My reasoning is to keep the original money intact ala buffets reasoning, number one rule dont lose money
So yea you retain an interest while obeying the number one rule and leaving yourself without regrets.
Of course if you know for sure its worth 500 then it'd appear silly to sell anything unless you know of better faster rising stocks (and there is always something else)
Ive not really heard why is gkp up so much exactly, its a momentum thing?
Chart wise Im fairly clueless, its an all time high so there is little to gauge it on. So really it falls back to fundamentals, prospective oil production.
Here is some sums I did on silver mining last night and two ftse companies, its far far easier with working company so gkp Im not sure. Iraq is likely the holder of the worlds largest undiscovered oil reserves, bigger then saudi, russia or anywhere
The july low was 50% of the 2009 rally and the price now is near to 150% of this previous range. Anyone know of XEL, thats a parabolic stock, 1.42p to 183p
It appears to be near top of this price trend, so odds are with the sellers near term I estimate. Ive not examined the news on it at all so all depends whose buying, etc
FOMC and election will effect weds heavily, oil is at previous highest prices
So yea you retain an interest while obeying the number one rule and leaving yourself without regrets.
Of course if you know for sure its worth 500 then it'd appear silly to sell anything unless you know of better faster rising stocks (and there is always something else)
Ive not really heard why is gkp up so much exactly, its a momentum thing?
Chart wise Im fairly clueless, its an all time high so there is little to gauge it on. So really it falls back to fundamentals, prospective oil production.
Here is some sums I did on silver mining last night and two ftse companies, its far far easier with working company so gkp Im not sure. Iraq is likely the holder of the worlds largest undiscovered oil reserves, bigger then saudi, russia or anywhere
The july low was 50% of the 2009 rally and the price now is near to 150% of this previous range. Anyone know of XEL, thats a parabolic stock, 1.42p to 183p
It appears to be near top of this price trend, so odds are with the sellers near term I estimate. Ive not examined the news on it at all so all depends whose buying, etc
FOMC and election will effect weds heavily, oil is at previous highest prices
Man of Honour
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- 31 Jan 2004
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- Plymouth
I've been watching GKP and XEL since Feb and haven't bought 
But then I can't complain because RKH, VGM and HER have done the same / better
Just need RRL to sort themselves out now. Patience is key...
But then I can't complain because RKH, VGM and HER have done the same / better
Just need RRL to sort themselves out now. Patience is key...
I made a mistake today and I'm not afraid to admit it. I should have sold 1000 GKP shares at £2.02, they are now at £1.86. Not good and I'm know I should have acted differently. I got greedy
Just wait - you bought in at £2.02 for a reason surely?
He should have sold at £2.02.
Soldato
- Joined
- 13 Jul 2004
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- 20,341
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- Stanley Hotel, Colorado
GKP confirms no takeover bid I read earlier. Fed money printing statement not a big changer seems like
RRL are sorting themselves out, yesterday it fell below 5p then recovered. Today it to the penny matched the majority of low prices for this year and rose thereafter which is also positive. So compared to previously, its done well.
Of course I expect it disappoint because stocks are heartbreakers but its possible to buy to see almost a 10% gain for some buyers just here
Volume was slightly above average today
GKP today on a closing basis stayed right within the lines shown above, it did as expected
RRL are sorting themselves out, yesterday it fell below 5p then recovered. Today it to the penny matched the majority of low prices for this year and rose thereafter which is also positive. So compared to previously, its done well.
Of course I expect it disappoint because stocks are heartbreakers but its possible to buy to see almost a 10% gain for some buyers just here
Volume was slightly above average today
GKP today on a closing basis stayed right within the lines shown above, it did as expected
I'm in GKP and RKH and think they're both set for great things. RKH may be a bit quiet on news for the rest of the year but GKP is like a kettle getting ready to boil. Compared to the anticipated news I don't think there's much priced in at the moment - even with the rise this week.
Soldato
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- 20,341
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- Stanley Hotel, Colorado
Seems like enough news out there to keep the price up, maybe someone else can comment on that but no major change yet is there
If people can speculate they will, oil price high and rising even more apparently. A saudi guy says 90 the new target due to dollar devaluation
GKP range would be 160 to 195 and thats positive. If it stays within that then the range moves up to 200 210 220 over November and also the bottom price similarly
I would guess 160 comes before 220 possibly later
Every other one day big rise since summer has been followed by a small decline for some days, sideways then up again.
We spiked up a bit more this time (on takeover rumour?), this increases chance of a spike down I think even while the average is gaining
the 5 day average price is 165 and there is a gap in the chart at 155 which also matches the sequence of low prices alternate to the highs. Im told price gaps are often filled back
Looking at record of sellers at each price, 155, 110 then 80 is where the majority of people got involved in this stock. Those are places to decide, Im always a bit of a pessimist but I guess I might buy some at 155 if it should happen
I sold shell today so I could buy smaller stocks. Holding BP with some hopes of 476 nearterm on div speculation? and would sell all at 520
http://img18.imageshack.us/img18/5953/bigchart1.gif
http://img261.imageshack.us/img261/5751/bigchart.gif
http://img221.imageshack.us/img221/1384/bigchart2.gif
If people can speculate they will, oil price high and rising even more apparently. A saudi guy says 90 the new target due to dollar devaluation
GKP range would be 160 to 195 and thats positive. If it stays within that then the range moves up to 200 210 220 over November and also the bottom price similarly
I would guess 160 comes before 220 possibly later
Every other one day big rise since summer has been followed by a small decline for some days, sideways then up again.
We spiked up a bit more this time (on takeover rumour?), this increases chance of a spike down I think even while the average is gaining
the 5 day average price is 165 and there is a gap in the chart at 155 which also matches the sequence of low prices alternate to the highs. Im told price gaps are often filled back
Looking at record of sellers at each price, 155, 110 then 80 is where the majority of people got involved in this stock. Those are places to decide, Im always a bit of a pessimist but I guess I might buy some at 155 if it should happen
I sold shell today so I could buy smaller stocks. Holding BP with some hopes of 476 nearterm on div speculation? and would sell all at 520
http://img18.imageshack.us/img18/5953/bigchart1.gif
http://img261.imageshack.us/img261/5751/bigchart.gif
http://img221.imageshack.us/img221/1384/bigchart2.gif
Man of Honour
- Joined
- 31 Jan 2004
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- 16,338
- Location
- Plymouth
Ok guys I'm interested in GKP as I've looked under the mattress and found some cash (don't want to sell any of my other shares eg considered selling HER for GKP, glad I didn't as HER has outperformed GKP). Why's it valued at 1.25b and folks are saying it's going to shoot up? This is a large market cap for an AIM company.....research time I think!
A question for the experienced investors.
I am currently investing in shares through share.com and I am looking for something cheaper. I am charge 1% of the investment + stamp duty, which can be expensive when investing a few thousand pounds. However there is no minimum amount of trades or whatever that I need to do, just that %fee whenever I feel like investing something. Mind you I am making a couple of investments every quarter or less.
I am looking for something cheaper, any options out there?
I am currently investing in shares through share.com and I am looking for something cheaper. I am charge 1% of the investment + stamp duty, which can be expensive when investing a few thousand pounds. However there is no minimum amount of trades or whatever that I need to do, just that %fee whenever I feel like investing something. Mind you I am making a couple of investments every quarter or less.
I am looking for something cheaper, any options out there?
I'm with interactive investor, find them good. Good customer service on the phone when I've needed it, and trade commission is a flat £10. Can't imagine paying a % commission, makes it so expensive to trade.
Got £1500 today I wanna put in something, looking to get into the uranium business. Anyone have any favoured companies there, preferably cheap prospective miners (I prefer a high pay off gamble)?
Got £1500 today I wanna put in something, looking to get into the uranium business. Anyone have any favoured companies there, preferably cheap prospective miners (I prefer a high pay off gamble)?