Trading the stockmarket (NO Referrals)

Last week of the month for OTC to release its JORC update. If it is over 1 million ounces expect the share price to rocket to 3.5 - 4p.
 
Ace T said:
Decided to stick a few quid in GKP. Reading recent reports this petroleum company looks like a sure winner.
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I wouldn't go that far.

While there's a lot of upside if everything goes right, there's a hell of a lot of stuff in its way to go.
 
It is Iraq after all, maybe a more stable part but the Kurds have had beef with the Turkish government in fairly recent history I think. They do appear to be more peaceful in general but still high risk and still subject to Baghdad religious politics

Was slow off the mark to pick some (more) near 160. Oil price is heading down for the mo, see how todays USO low holds up then check for Nov lows

candle stick patterns
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I forgot some do get slightly overexcited about that. I just use it for info, a sharp reversal in the price downwards is something to think on for anybody.
Calling it a shooting star,etc especially when its just one days price isnt needed

Sold some VGM, bought a bit of Zen

Put in an order for Stan at 16.28 though its not cheap still its at a discount to the market?
 
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fendi said:
Last week of the month for OTC to release its JORC update. If it is over 1 million ounces expect the share price to rocket to 3.5 - 4p.
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Ah yeah... :cool:

Ortac Resources Limited (AIM: OTC), the AIM listed exploration and development company focussed on precious metal projects in Europe, is pleased to announce that Snowden Mining Industry Consultants (Pty) Ltd ('Snowden') has completed an updated mineral resource estimate for its wholly owned flagship Kremnica Gold Project in Slovakia ('Kremnica' or 'the Project'), which has increased the total JORC Code compliant resource to 1.1 Moz of gold equivalent ('Au Eq')
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Never spotted this thread before!

My main holder is RRL, been in there since 4.8p, with £5000, holding until double figures. :)

My other holdings are SLE, RKH and unfortunately PXS, though my average on PXS is 3.9p so not end of the world. But RRL, RKH and SLE should come very good. :)

In regards to OTC, you always buy on the lead upto news, but sell on news or just before. Hype makes shares go up and OTC is perfect example, good news comes along, it peaks at 3.3p and then profit taking pulls it right back down to 2.5p, but at 2.5p great entry point. :)
 
Gibbo said:
My other holdings are SLE, RKH and unfortunately PXS, though my average on PXS is 3.9p so not end of the world. But RRL, RKH and SLE should come very good. :)
)
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My PXS average is 8p. I'm waiting to exit them but I just can't bring myself to sell them at 3.4p for such a loss.

I want to get in to CNR, hopefully I can make back some of my PXS loss.
 
Volume is huge on MTV today, 444milion traded and its only lunch, i think thats half the total amount of shares in issue, someone snapped up 243.3 million at 0.8p, lots of 12million buys, looks like the big hitters are finally in, or out.....

Edit, looks like the 243million was a sell and others are buying them up.
 
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Guys, sorry to interrupt your thread but is there a complete beginners guide to trading the stockmarket anywhere? I also read this thread and would love to get involved at some point.
 
There's been a variety of books / blogs / websites recommended in this thread.

My advice would be to start somewhere.. like any subject.. at first it'll seem impenetrable.. lots of acronyms and jargon.. then when you get the basics it's pretty straightforward to get a basic grasp of how the surface systems work and dive in with a practice account or a small investment.

I invested £200 at first and lost quite a lot of it but it taught me a hell of a lot :)

I bought Shares Made Simple: A Beginner's Guide to the Stock Market, but that was because it was on the shelf when I looked.

does as it says on the tin, but as I say.. just start somewhere.. Google will do :)
 
[Slip];18312692 said:
There's been a variety of books / blogs / websites recommended in this thread.

My advice would be to start somewhere.. like any subject.. at first it'll seem impenetrable.. lots of acronyms and jargon.. then when you get the basics it's pretty straightforward to get a basic grasp of how the surface systems work and dive in with a practice account or a small investment.

I invested £200 at first and lost quite a lot of it but it taught me a hell of a lot :)

I bought Shares Made Simple: A Beginner's Guide to the Stock Market, but that was because it was on the shelf when I looked.

does as it says on the tin, but as I say.. just start somewhere.. Google will do :)
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+1 for this.
 
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