Trading the stockmarket (NO Referrals)

ntg · 1 Apr 2011 at 16:04

Anyone here investing in large caps/value?

BP is up 3.8% today (so far) which was to be expected after the ridiculous -5% it suffered this week on negative sentiment for the Rosneft deal and the manslaughter charges.

BHP is also going up virtually every day (still below Feb highs though) as demand for commodities and oil prices are only going (to go) up for the foreseeable future. Anyone knows when it will execute its share buyback? That should push the SP even higher, it's meant to buy back $10bn of shares this year in AU and UK indexes (definitely UK, not sure if it's AU or USA that it won't be buying back).

Nivforever · 2 Apr 2011 at 12:16

Which online broker would you guys recommend?

Billy 2 Sips · 2 Apr 2011 at 12:20

I use and can recommend www.iii.co.uk

Jeffstar · 2 Apr 2011 at 12:42

I see Gold explorers still a popular choice :cool:

Not been a great Q1 with all the Middle East problems plus Japanese tsunami but nothing wrong with a healthy pullback and sets us up ready for the rest of the year.

The mighty BAO continues to rise though i feel a retrace may be due so decided to slice 50% on Friday.

RRL could be a beauty, not without risk of course but if Georgia/Puntland strike then no doubt it'll fly to the moon. Have quite a few tucked away in the ISA/SIPP.

HER should be a good one if you're willing to hold long term, a big buy went through after hours on Friday, looks like some institutional interest. Been holding from sub 1p.

Hope everyone has a successfull year !

jmhduck · 2 Apr 2011 at 13:07

Billy 2 Sips said:
I use and can recommend www.iii.co.uk

same

bigNeil · 2 Apr 2011 at 13:24

jmhduck said:
same

Thirded! Cheap and easy for UK stocks and ISA's, and good CS if ever you need it.

Got into RRL heavily about 1 year ago, so all good there. Grapevine says Georgia spud late May, so not too long to wait now (although delays and RRL go hand in hand). GLA.

silversurfer · 2 Apr 2011 at 15:32

Whats the chances of RRL reporting a dry well sometime and heading back down to 8p so I can buy some more, I wonder

Every other share sells off on bad even good news so waiting for weak hands to fumble...

Georgia spud late May

Saw Georgia in the news recently.
Millionaire builds oil pipe line on government contract, demands payment, is refused. Court awards money to be paid, dude gets arrested and held in prision for last year.

Not very democratic however I watched this on Russia Today channel, #85

bigNeil · 2 Apr 2011 at 16:08

This I assume: http://www.foxnews.com/world/2011/04/01/israeli-businessmen-guilty-tbilisi-court/

Interesting, not much detail, and seems they were jailed for bribery caught on tape. Georgia was a corrupt place for business, seems to have improved significantly recently, time will tell...

Cannot see 8p again unless Puntland does not go ahead and a duster on the 1st Georgia well. Positive He survey would suggest a good chance of success.

Ironic Namesake · 3 Apr 2011 at 10:55

Just have a quick question if anyone has done this in the past : I'd like to move my stocks from TD Waterhouse to HSBC , how would I go about this? TD Waterhouse only mentions about moving stocks in, not away from them.

Also - how long would a process like this take?

Main reason for doing this, is I'll be changing my current account to HSBC and would like to have everything under one roof.

Thanks !

Fuzz · 3 Apr 2011 at 17:51

BP are back drilling in the Gulf of Mexico according to the Guardian.
Tenderhooks much!
You just know the world is watching.

Firestar_3x · 3 Apr 2011 at 17:53

Scubascorpion said:
BP are back drilling in the Gulf of Mexico according to the Guardian.
Tenderhooks much!
You just know the world is watching.

With Halliburton this time........

Serpantine · 3 Apr 2011 at 18:24

Who is the preferred Stockbroker here, anyone use Natwest?

Aloreth · 3 Apr 2011 at 20:19

Anyone have an opinion on either a) CRND b) ORE? Got a couple of grand burning a hole in my pocket and its either invest it or blow it on coke and hookers (kidding)

Finally got my target 100,000 shares in HER and XTR before (i hope) they take off.

Holding 180,000 RRL......really praying they dont hit a duster

Russinating · 3 Apr 2011 at 20:43

Aloreth said:
Anyone have an opinion on either a) CRND b) ORE?

Everything I've learnt so far from the Naked Trader would tell me to avoid both, although I was invested in (and sold out of) ORE last week.

Simon · 3 Apr 2011 at 20:52

How come?

Aloreth · 3 Apr 2011 at 22:02

Russinating said:
Everything I've learnt so far from the Naked Trader would tell me to avoid both, although I was invested in (and sold out of) ORE last week.

You need to give a little more info than that my friend! By the way russinating just noticed that youre in Bristol...where do you work? I live in Clifton as well

Work for PwC at the mo, if Range hit anything big then I'll be buying a nice house

Billy 2 Sips · 3 Apr 2011 at 22:08

Because the Naked Trader doesn't really advocate investing in speculative AIM stocks with tiny market caps.

Although he does sometimes make occasional spread bets on AIM stocks.

Aloreth · 3 Apr 2011 at 22:11

In that case, the Naked Trader wouldn't like anything in my portfolio

(around £70k in total)

Actually scratch that, I have held Hargreaves Lansdown (my previous employer) since IPO, they are due to enter ther FTSE 100 shortly. Its funny really, they are the investment that I am least interested in however by a country mile they are the most profitable

Oil companies are just addictivehehehe.

Billy 2 Sips · 3 Apr 2011 at 22:15

Mine neither

gizmoy2k · 3 Apr 2011 at 22:28

Can someone clear up this for me after a discussion with my dad regarding shares isa.

Say limit is £10,000, i invest all of it in ABC on April 6th

6 months later i sell ABC for £15000

I can now reinvest my £15000 in EFG the same day or later?
IE any gains can be re-invested tax free? As long as i dont withdraw from the isa account

Im struggling to find this in black and white on hmrc or consistantly on any forums.

Thanks