Trading the stockmarket (NO Referrals)

Fun and games over on ORE after the name change from MVC, price has been dropping following that day although today it's just spurted up ~16% on news of a major shareholder offloading some shares.
 
Well of course, but what randal posted is more than sufficient. This is hardly a tips-only thread is it: the discussion is far more interesting especially for the likes of us who are still learning.
 
Oh of course, and I'm not at all. And to be honest, had anyone else posted it I'd have probably taken it for face value, but from someone with 3 posts not so much... :p

I still don't understand why a massive sell caused the SP to increase though?
 
Me either, hence I posted the observation to see if anyone can explain why. Obviously some MM manipulation going on over the last few weeks. Still, I'm back in the green so well pleased with today. Long may it continue.
 
on news of a major shareholder offloading some shares.
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on news which means it had already happened.

'sell on the news' or in this case the selling already occurred and the news explains why the share price had been weak and who had been causing so much doubt. Inversely thats a reason to buy, similar thing happened with CAD more or less with a forced seller

Typically disclosure of a big buy or sell comes like 3 days after its occured I think. Someone like Warren Buffet has to declare the holdings of his company every quarter which can cause a stir.

Soros buys gold, you find out 3 months later, etc People already noticed the raw buy/sell then news sometimes help explain I guess


Cree is down 11% today. If I find out in a week that IBM pension fund is dumping all tech stocks as a conflict on interest, maybe cree
goes up


---Quote---
PARIS — Libya's rebel national council wants to establish a secular democracy that would respect oil contracts awarded under Muammar Gaddafi if it toppled the Libyan leader, members of the council said in Paris.
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From the ocuk libya thread. Might help explain BP slightly more positive for the moment
 
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Russinating said:
I still don't understand why a massive sell caused the SP to increase though?
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Every sell is also a buy.

I do love the iii obsession, on every messageboard no matter what the stock, with "mm manipulation" :D

It doesn't matter one jot what moves the market at the end of the day - the big boys will always win, almost.
 
Not a fan of people throwing big numbers around, it makes no sense to buy all in one go on one thing like that unless day trading or something.

If anyone wants a big money tale I can repost about an ex-lloyds staff who remortaged his house in 2008 to buy his old companys shares as they were yielding 6% at that time. He posts on iii

silversurfer said:
Noticed CNR has finally left the 6p floor some, is this a jump or a take off though
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Looks like a take off. Not sure why:confused:, I think without news this might be a blip up where it falls back down again some way

up about 20% not really feeling like selling any though. Should have bought more at 6p :o


I noticed people saying I missed the boat on CNR. I often do this, if its not a rock bottom price I dont bother but thats a mistake if its possible to figure where it can rise again


Looking at Caza again, 35p is quite important in that most trading occured there. If it didnt hold that it'd be more likely 25p that occurs.
However in risk/reward trade off, 35 is reasonable so I loaded up some more today and it is attempting a come back.

higher vol on CNR and caza also I think


For Lloyds 60p is the magic number. The reason being this is the last rights issue price, they issued 20bn of shares to stop a gov buyout, etc. That is the price, it should be massively significant

Bp is steaming along, 430 they fell to and now 480. Really the best bargain on this thread almost certainly in terms of risk vs reward

Petrol prices will not drop significantly imo but the dollar index right now has broken a down trend, so some upset is possible. Generally dollar is damaged, inversely commodities boom
 
I think CNR is rising due to two things:

1) Upwards movement in Gold prices
2) Possible resource upgrade on 31st March

Glad to see some others still in this one :)
 
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