Trading the stockmarket (NO Referrals)

Gibbo said:
Don't do DES mate, the more I read on that, the more I think duster.

If your want to invest in a FL oily, RKH is your best bet and massively over-sold at sub 300p levels and news is expected anytime from next Wednesday onwards.

Another safe bet is XEL, their RNS upgrade is due in circa 3 weeks, look to buy around 300p if it gets there and then sell just before news unless the upgrade is beyond expectations.

For those who have good nerves I can see XEL and RKH going up a lot from present levels. :)
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Whilst DES is risky, if Ninky is successful it has the possibility to be a very profitable investment. If Ninky proves to be dry they'll be out the picture for a while as although they have other prospects they don't have much in the way of investigation done on them. There's also the possibility that Sea Lion (RKH Prospect) extends into Desire sea area.

Risky isn't always a bad thing as the potential profits can be enough to chance it on but I agree it's not a "safe bet".
 
Other then my big losses (yell and DES) I sold everything around 2 weeks ago and will be sitting on cash as I just do not have a good feeling at the moment with all the stuff that is going on in the middle east.
 
silversurfer said:
Sit on 90% if theres nothing wrong with it. 50% would suggest something big went wrong unexpectedly, check the details and look forward not backwards.
Most important is to learn the lesson, get something for your money


Dollar is rallying here, hence a shadow on the market. Chinese exports fell, more usa job claims also, as usual any recovery is wavering at best


BP taking a bit of a hit here but this is within the range Im looking for. Checking the NYSE quote as well, gives a reasonable case for this fallback then a recovery in price. I dont think this is happening on large volume, comparatively low risk but we shall see
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Off topic but my god who is that girl in your sig?
 
Might be Lucy Pinder, not easily confined in a sig :o


Bp taking a knock here but I dont see that the oil price would drop greatly. Should stay above 461 I reckon its more a dip then an actual change in course downwards


Regretting less taking money out of Japan now but this is a country built right next to a fault line.
Sorry for the deaths but I dont think its as devastating financially as other factors in play, taking back some interest I sold in Japan on todays closing price probably jumped the gun slightly there

Cooling system malfunction at a nuclear facility in Japan radioactive leak
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Tsunami warnings on West Coast of US as residents told to get to higher ground
Daily Mail - Rachel Quigley - ‎18 minutes ago‎
The West Coast of America has been placed under tsunami watch following the devastating 8.9 magnitude earthquake in Japan. Waves could peak to as much as six feet along the coast shortly after 8am PST and residents who live on or near
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I took RRL off the list, its neither up or down. Its might well be the grand duke of york but not looking to do anything with it till it gives a direction
 
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Its Iraqi oil, north Iraqi or Kurdistan to be more precise. Its a great bet if you think it wont fall foul to politics and religious chaos.
Heritage and Gulfsands are others

Iraqi has the largest oil reserves in the world, for obvious reasons they are greatly underdeveloped. They are not in OPEC but also lack the infrastructure to actually transport the goods (safely)
Turkey is nearby and a likely customer though they have fought Kurds many times for many years
 
silversurfer said:
Its Iraqi oil, north Iraqi or Kurdistan to be more precise. Its a great bet if you think it wont fall foul to politics and religious chaos.
Heritage and Gulfsands are others

Iraqi has the largest oil reserves in the world, for obvious reasons they are greatly underdeveloped. They are not in OPEC but also lack the infrastructure to actually transport the goods (safely)
Turkey is nearby and a likely customer though they have fought Kurds many times for many years
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Thanks for the info, I'll have a lil look into it! :)
 
Do any of use do penny shares - yes i know it's very high risk but was wondering what forums or sites are best for these so i can read up on companies that i might invest in.

Thanks
 
From working in the financial sector and from experience myself this man ( Mrchipperhead) speaks the most sense. If its a small investment your looking for its better to have your shares spread across a number of companies/organisations.

You also have to be prepared for a possible loss aswell as a possible gain. People write it off as gambling when in reality its an investment which if bought at the right time could put you into a good position. Look at TSB shares 62p a share today, there average 3 years ago was around £8.00 each. If your willing to take a risk then now is the time to buy.

edit. honestly dont know what happened to my post but it was supposed to quote from Mrchipperhead lol.
 
Look at TSB shares 62p a share today, there average 3 years ago was around £8.00 each
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I think there is a reasonable base around this price but they arent as cheap as all that because of all the extra shares they issue.

Same applies to RRL over the last year they quintupled their shares and the price doubled, altogether thats a massive raise in the valuation for the company.

Lloyds is maybe worth more but not certain it could be much more then double present value

lloy.png


This graph is float adjusted retrospectively so what would the price have been then if it had this many shares

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RRR
 
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Adam said:
When do you guys say enough is enough and get out? I'm sitting on a > 50% loss at the moment on one of my investments and I'm struggling to see a reason to keep on holding.
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Prob best to consider your exit before placing the trade... tbh..

Is it something you'd consider buying now if you didn't have a position? If so then no point in selling. If not then perhaps cut your losses.
 
silversurfer said:
Closing out Japan tracker to fund the above
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Lucky escape there maybe, toyota fell 7% today Japan is probabaly the cheapest advanced industrial nation by far


GKP shot up today but its done this a couple times, needs to sustain. Heritage gained 20% in last week on bid rumours apparently
CNR holding steady and EMED bit of a double bottom I think

Looking at RRS FXPO HYC LLOY for tomorrow
 
Oh I do hope CNR picks up soon, the red is getting quite tedious. Lots of speculation about order filling and the like on the boards (as per when the price drops!).
 
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