Where is solo right now?
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Link -
http://www.iii.co.uk/investment/detail?code=cotn:LCG.L&display=fundamentals&it=le
Go there click on shares in issue and compare that to the price for a better idea
Do you own any investments already. Just investing 3k in one share as your first attempt would be setting yourself up for a failure.
The best advice I could give is to focus on risk management. You might get lucky but a bit like gambling the house always wins, the odds will get you in the end.
It might be best to buy a book as your first investment This is a list from a pro trader. Its a well worn path you are walking down with many potholes
http://www.alphascanner.com/Bookstore.aspx
Apart from that I would recommend you sign up to iii and go with
regular investing. They will let you buy shares free from now till june if you choose a day beforehand, so you could do 10 purchase of £300 and learn along the way.
Im pretty sure prices arent going to double so you wont be losing out by giving yourself time, it will improve your odds of a gain
Barclays is too late because they have increased 7 fold in the last 14 months so i feel i've missed the boat on that one
Thats not necessarily true. What if barclays prospects improved 8 fold. They bought lehmans at a firesale price which meant they are not the same company anymore hence the massive reversal
But in general I'm surprised how much they rose recently. They had range of 260 to 320 for couple times in the last year. I'll post my chart view of them
Banks I like are Santander and Standard Chartered. Both are very much involved in growing markets, SC has no uk or european? business at all afaik
BNC have a nice dividend also and as a spanish bank are subject to good value pricing recently and in general imo.
I prefer lloyds over rbs, rbs is more complicated. The time to buy was xmas really.
Friendly guy runs this, amateur & very high risk trading -
http://wallstreet1928.ning.com/
Journalist by trade, Trader for profit
http://nakedtrader.co.uk/
http://www.stocks-n-options.com/price_channel.html
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