Trading the stockmarket (NO Referrals)

bigNeil said:
Should be an interesting 6 months :) Got to pick a good derisking point...
Click to expand...

I reduced my position back down to the levels I took in July. I doubled it for a while around dec which has been ok.
It has been doing well every day recently, Im not sure how high it can go or if there is news coming or something that would match new highs


GKP I was looking at close, 160p area seems a reasonable point for it to hold. It was the highs before and now been the lows since nov

There its at a band of higher volume down to 140p it should hold I'd guess. Then we go back to previous high of 130 which is where I previously sold out in the summer, I'd be ok with picking that back up now if thats how it plays out

Just the court case for news there I guess. Not heard of Iraqi or Kurd poltics recently

Couldnt find anything bad about GPX, bought a bit more VGM though its just the one mine so theres the risk otherwise seems ok

Apart from that I took up cisco so far its gone up. Mr Jobs of Apple is taking a break, will the market or Nasdaq care so much tommorow. BP kept its cap on
 
Go MVC go, not an outstanding RNS but seems to have whipped up a bit of a frenzy. Doubt it'll do a CNR, but still great stuff. Topped up the other day so in at an average price of 0.76, if this sees 3-4p I'll be well happy. :)
 
What do you guys think of ETF's
Im in a position where I can now invest £500 per month and Im thinking of long term investing so maybe sticking it in an Asian Select Divi ETF?
I already have a UK based one, I like the idea of being able to trade in and out of them, plus they give me more exposure than I would get buying into individual shares..
 
I have decided on where to stick my first £500, KEA. I have been looking into them and they have good funding to search for oil in new Zealand, they also have one test site already with promising results and are waiting for flow tests at the end of feb which will also give insight into what has been discovered oil/gas deposit wise.

Now all I have to do is find another company to invest in... Lots more reading!
 
Im currently reading up on RRL, might stick £500 in, but need to read a bit more before deciding, Somalia is a brave/risky place to do business in..
White Nile proved that, great in theory, but the political connections need to be there as well, I was lucky and made money from them, bought at 38, sold at 87 but for those who stayed in, it all went a bit pear shaped..
Depending on what I can find out about RRL, they might be worth a punt..
 
Don't forget that RRL have more in Play than just Puntland, there's a lot of upside even if Puntland targets are missed.
 
Africa oil / RRL to spud by July 27 and another by Sept 27. Not that long I guess.

Forget somalia, the real risky stuff they got is in texas :p also Georgia and caribbean somewhere.

All aim companies have to have websites I read, check them out the VGM one its like a holiday brochure :D


Just noticed BEM giant gainer, sick that I was told they were good back last april but didnt see it :(


BUY BP! http://www.telegraph.co.uk/finance/...eft-deal-is-a-good-reason-to-buy-into-BP.html
:o
 
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OTC picking up today, about time too. Was starting to get nervous. Skimmed a bit off MVC and topped up OTC this morning at 2.3, fingers crossed!
 
Good day for MXP and OTC today, lets hope for some news tomorrow morning for a good weekend.

Just need CNR to turn around now for a good finish to the month
 
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