Trading the stockmarket (NO Referrals)

1% per trade sounds good if you were buying only 10k penny shares maybe. xo is cheapest I know of, if you do deal around 10,000 pounds per deal then interactive brokers might be the best for big buyers otherwise halifax i think is reguarly the cheapest for tiny trades

usa brokers deal for 1cent per share. Not sure its possible to get an account or not with most


http://www.investopedia.com/
 
Do I hold my nerve with XEL, or cash out and jump ship.... have already taken a slice for protection, but im nervous of getting burnt again (ala DES). I will have decided by 9.30 in the morning.......... :p

Not sure if i posted further up but I got in TW when they bottomed out, seems to be an ok little shout with 10% up so far.
 
Had an initial look at Forte now. While their prospects look very promising to me, the fact that they don't have enough cash to get through 2011 and the uncertain political climate in which they operate means I will hold off for a while before investing.

Don't get me wrong, them seem like a very interesting company. I'm just going to wait a bit, seems likely to me the share price may decrease slightly further. Not too fond of companies with insufficient cash reserves in today's economic environment.
 
Zodar, don't post here much, and hate giving tips, but...

Have a wee look at RRR - Red Rock Resources. Run by a clever chap, Andrew Bell, and as well as gold projects (Colombia and Kenya) and Iron mining (stake in Jupiter Mines), they have interests in 2 prospective Uranium companies: Resource Star and Cue Resources (http://www.rrrplc.com/subpage.asp?subpageid=4&pageid=2). (You can of course invest directly in them if you like, listed on TSX and ASX).

Have gone from 2p to 6p recently, but expecting the Colombia mine to start production this month, and JORC update from Jupiter, so good run is possible over the next 2 months. There is a good Edison report available (was the cause of the last re-rate) to get acquainted with the projects.

Good luck and DYOR!

PS it was partly this thread that got me back into investing, so thank you all :)
 
Redrock is discussed on the iii front page video, apparently edison called them for 20p value :

http://www.iii.co.uk/


encore had a 40% price fall the other week that was a nice entry for anyone who saw, not seeing a reasonable point now really especially as I dont know much about them. I did look in July when they hit an old high and fell back, that was the time to buy :/


Premier oil is related I think, I looked at both because premier was tipped by questor. 1550 or the recent low of 1565 seems a more reasonable price then now which is right at the top of a sequence of highest prices going back to 2006


Ive tried to illustrate why the price could hesitate a bit here and still be very positive. July was a breakout of several years selling, a bit of a pullback would be nice
premier.gif
 
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Not down the back of the sofa I hope, that can be real hard work to retrieve ! :p

On a more serious note, the halifax site has kicked me out 5-6 times this morning, getting tired of its inability to 'Deal'. Everytime I go for a renewed quote I get booted. :(
 
Panda said:
Not down the back of the sofa I hope, that can be real hard work to retrieve ! :p

On a more serious note, the halifax site has kicked me out 5-6 times this morning, getting tired of its inability to 'Deal'. Everytime I go for a renewed quote I get booted. :(
Click to expand...

What are you looking to deal in now? I've been in on Halifax all morning and haven't been kicked off once.
 
Beansprout said:
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!
Click to expand...

As you say, lots of research needed, I read a lot of the posts over on Interactive Investor message boards (use 20 or 50 vote filter to thin out the dross).

Short view would be that as some have said, they are ready to explode. They are nearing the top of the league on AIM listed companies by market cap, looking towards a move to FTSE 250 early next year (based mainly on PI investor opinion I think). Should see a bit of northward price movement when Iraq government formation gets confirmed (could be this or next week?)and then as news on the accelerated drilling campaign comes through the price is jumping northward.

Interactive Investor message boards has attracted some very VERY knowledgeable people in fields ranging from oil sector geology to companies involved with take-over (and hostile) attempts. I think the general thinking is that the company is going to get taken out as some point in the near future, CEO has even stated that they are an "exploration company", and would probably be unable to transform their massive finds in Iraq into production facilities before one of the majors make an offer that can't be refused.

Take over predictions are rife obviously, and that would be down to you to make your own assumptions as to what shares would be worth based on OIP, however expectations would be several times what the SP is today, add to that the potential move to FTSE250, oil flow rates etc etc etc and you've got potential to make a few £££ on this one yet.
 
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