Trading the stockmarket (NO Referrals)

dowie said:
Perhaps you should look into trading WTI instead of taking random punts on small cap stocks ;)
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Freely admit to having lousy timing, but I have spent time reading up on RKH, and have confidence in my analysis of the fundamentals, hence today's further purchase. It was no random punt... :)

Good luck with whatever you're trading or investing... :)
 
Boycie said:
Managed to increase my holdings in RKH, now averaging 260p a share. Hoping it doesn't drop any further. Without having to go back through the thread can anyone recommend some decent discussion boards, the members of iii seem to just abuse each other?

Thanks
B
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A couple of weeks ago I would have been very pleased with an increased exposure at 299p, let alone 260p! Hope it works out for you... :)

The vote filter on iii can limit exposure to much of the dross, while retaining access to the more worthwhile contributions. Only trouble is that tends to filter out the few articulate, but contrarion views, which are imo essential for balanced research... :)
 
Cavallino said:
Still buying RRL on the down? Hmm I wonder :D
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Nothing wrong with RRL...I would hesitate to buy at today's price but it does have a lot coming up soon. Biggest % gains are probably gone, next ones will depend on actual results....

Bought around 5p last year and held since so am happy whatever happens!

(Well assuming it doesn't all go to pot like RKH has recently, and GKP NPE EO XEL etc..just the market tho...I hope..)
 
Yeh my first buy was at 5p, but as I said I just like everything I read from them and thought why not.
 
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Kingy said:
Freely admit to having lousy timing, but I have spent time reading up on....
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You and me both, I've jumped the gun getting into CKSN too early.

Still falling now but if stays where it is until Monday night I'll be in again.
It's ripe buying time now I think. Trust me :(
 
Be interesting what happens with DES over the next 2 months, they get the Ocean Guardian back from RKH and the Ninky prospect looks like it has a better chance than their other drills.

Past year it's been up and down in line with their drill timescale, could be had for 40p~ in May 2010 before rising to £1.60~ in September 2010. Dropped to 70p~ in October 2010 then rose as excitement built before they drilled and it went back up to £1.30 then plummeted and has done since they kept finding water.

Now down to 32.25p and the Ninky prospect coming up, could be worth a punt. If Ninky proved successful it's likely to rocket again and pre-drill it's likely to rise again regardless as people take a "punt" on it being successful.
 
What an awful few days for GKP. I have a small holding but I'll be looking to increase it by 50%+ tomorrow. Big lesson learnt for me not taking profit when I should. I learnt the hard way and really regret it now.
 
Painful few days but in broad market terms this is not a big selloff. If we went to Nov lows for the FTSE it would register as a normal move I think. That'd take us from 5858 to 5500

It does not appear to be a high volume selloff for RRL. Im just holding a standard stake, bit of a goldilocks now

I have read CMC forced all their customers to liquidate their small cap shares and these were on margin


Some news on Algeria, I think GKP still has operations there though its minor?

http://www.chron.com/disp/story.mpl/ap/top/all/7444504.html


Heritage also going down still. They were last this price 2009 Feb when oil cost 30 dollars a barrel, it went up as high as 120 today
They have working production in play but its pretty small, so speculative value
They are all about frontier markets, I guess it shows better now


I was also considering GKP and CAD has pulled back looking for it to bounce from 36 maybe see Nov 2008

Be interesting what happens with DES over the next 2 months,
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Dont RKH have a share of their production if any


CNR down, not rising to hoped for schedule but volume is low which I take as enough reason to add slightly more.
How I equate this is the difference to pulling off a road at a slow pace and flying off at a corner at full speed. In each scenario damage done varies greatly

El Salvador's sovereign ratings are on 'negative outlook.' This reflects its unfavorable public-debt dynamics and weak economic prospects.
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They could use the tax revenue from mining

http://online.wsj.com/article/BT-CO-20110224-711965.html
 
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LSE is down, trading suspended.

LLOY profits beat consensus, but IG Index is trading.

I'm long @ 62.46p.

Hopefully a quick in and out. I'm not convinced about the consensus beating profits based on falling bad debt provisions, but hopefully there's a trade here at this level... :)

Good Luck All... :)
 
I'm a little confused here, why would Lloyds drop to 62p when they reported profits of 2.2bn?

Could someone explain the theory?
 
Successful fracture stimulation of the bottom two zones on the Russell
Bevly Well
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Doesnt appear to be big news, sounds like a tiny bit of oil (0.33 mmbl) right now, will fracturing help much. I thought it was mostly to help gas

More interested they have issued another 4% of share capital to the float, expect further price weakness really
 
ajstan said:
Bummer, I was just about to stick £1k in Lloyds, so I guess I now can't?

Sorry if this is an obvious question, I'm confused :p
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You could trade directly with market makers over the phone I believe, although they may not be quoting prices because the LSE is down. You can't currently execute trades via the LSE until it opens (which I suspect will be later today given the fact they have released a statement saying they will provide advance notice). The borsa italiana was also down for around 6 hours earlier on in the week too.
 
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