Trading the stockmarket (NO Referrals)

RKH thing- I don't know how the MM's get away with it- stopping people out to fill an order- should be pulled up for fraud IMO.

GVC went Ex Div today- a whopping 22% special div to be paid out, and the respective drop in SP. Still yielding over 10% and well worth a look.
 
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Bes said:
RKH thing- I don't know how the MM's get away with it- stopping people out to fill an order- should be pulled up for fraud IMO.
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do you know for sure that that is what happened? - anyway if they're driving the price down then there is nothing to stop others from whacking in a large buy order

its a volatile illiquid stock, if someone chooses to set a stop order at a certain level then that's their problem. tbh.. I don't see the point of a stop order with stuff like this - if I was to take a punt on something like RKH it would be a longer term bet that they turn into the next cairn energy etc.. actively trading this stuff as a retail investor is madness tbh... any bad news comes out and there's likely not going to be any liquidity to fill your stop at the price you set anyway
 
You are right dowie, stops on AIM are stupid, and I never set 'em, just watch the price movements, and cut losses/ run profits by way of judgement. Usually the spread on AIM stocks is so big that making a profit 'day/week trading' them is hard work anyway.

I do not know for sure that is what happened, but seen similar behaviour a million times in my own portfolio (Never been caught out as per above), but when the co releases no news, it either stinks of insider trading, or blatant market fixing by the MMs in order to satisfy large orders by stopping out Joe Public.
 
Simon said:
Cool cheers.

The website looks pretty decent so far.
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I've been majorly impressed with shareprice.co.uk. The live prices are meant to be contended on a first-in-first-out basis, but I have never, ever been disconnected in many weeks of using it. I have a monitor on my desk that just shows my share portolio, live, all day long. That is both bad and good. Bad, in that you can't help but look at it every 10-15 seconds; I must check it a thousand or more times per day. Good, in that this regular checking allowed me to see the Rockhopper craziness almost the moment it started happening, profit from it myself, and get some of the people here, who may otherwise not have seen it, in on it.

The phone app is as good as the website. Again, I have never been disconnected (other than losing signal). It updates rapidly, can display your portfolio details, display charts, manage alerts - a very decent product somehow for free, and with no advertisements.

Interestingly, shareprice.co.uk is run by Interactive Investor. I get a feeling that we might find that it comes at a price in the not-too-distant future!
 
PMKeates said:
I've been majorly impressed with shareprice.co.uk. The live prices are meant to be contended on a first-in-first-out basis, but I have never, ever been disconnected in many weeks of using it. I have a monitor on my desk that just shows my share portolio, live, all day long. That is both bad and good. Bad, in that you can't help but look at it every 10-15 seconds; I must check it a thousand or more times per day. Good, in that this regular checking allowed me to see the Rockhopper craziness almost the moment it started happening, profit from it myself, and get some of the people here, who may otherwise not have seen it, in on it.

The phone app is as good as the website. Again, I have never been disconnected (other than losing signal). It updates rapidly, can display your portfolio details, display charts, manage alerts - a very decent product somehow for free, and with no advertisements.

Interestingly, shareprice.co.uk is run by Interactive Investor. I get a feeling that we might find that it comes at a price in the not-too-distant future!
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there is no app for blackberry just android and iphone. :( looks like i am stuck with bloomberg.

RKH recovered, maybe i should take some profit before the results of the tests come out.... although i have already taken my initial stake out....

hmmm decisions....
 
I'm not sure the next RNS is going to effect the SP all that much, the statement released by RKH yesterday pretty much said all info they have atm is in line with expectations.
 
Starting to wish i went into BP at 420 yesterday but my head kept telling me they are only going to fall more.

From Fool;

Fools debate the prospects for BP.

The Gulf of Mexico oil spill is arguably the biggest environmental disaster of recent times.

Naturally we all hope that the damage is cleaned up as soon as possible. The Fool is first and foremost a financial site of course and this crisis has lopped a third off the share price of BP (LSE: BP) in recent weeks.

The oil giant is one of the most widely held shares in the UK and many investors are wondering whether the recent fall represents a buying opportunity or there is worse still to come. That's the topic of this Duelling Fools feature...

Bruce Jackson, with the aid of US Fool Analyst Matt Koppenheffer, reckons BP can comfortably fund the cost of the spill and the shares are a buy.


Harvey Jones considers himself a contrarian but believes BP is a step too far. He thinks you should leave BP well alone.
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If you believe in buying Low and selling high - then this is a bargain basement price for BP.
At present crude oil is at $73 a barrel, this price is temporary only and in the longer term you are looking at $100 + per barrel.
Quite often the best time to buy a stock, is when no one has a good word to say for it, right now all you can think about is the spill - fair enough.
BP will survive and its shareprice is likely to rise over time.
If BP doesn't survive - its likely to be taken over then BP's share price goes up in a takeover bid.
If BP partners up with Shell, then again BP's shareprice rises.
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Firestar_3x said:
Starting to wish i went into BP at 420 yesterday but my head kept telling me they are only going to fall more.

From Fool;
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I cancelled my scheme with a 4.20 option price and took the money and bought them anyway, that way I don't have to wait 2 years to exercise the option and i get divi on them by buying them now.

This years option price is even lower than last, its a 20% reduction on the previous 3 month avg. normally. However seems they took a bit more off this year for some reason...
 
gjrc said:
TD Waterhouse. you will have an account up and running in no time. then trade away!
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Sure, if you want to pay £12.95 a trade, and be liable to an inactive account fee!

By far the cheapest broker for the average LSE PI is http://www.x-o.co.uk. A flat £5.95 per trade fee, with no inactive account or management fees.
firefilesuk said:
Are you a full time trader keates or does your job simply allow you continued access to the net through your employers network.
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Haha, far from it! :p

My "job" (of unemployment) allows me to sit on my backside all day.
 
PMKeates said:
Sure, if you want to pay £12.95 a trade, and be liable to an inactive account fee!

By far the cheapest broker for the average LSE PI is http://www.x-o.co.uk. A flat £5.95 per trade fee, with no inactive account or management fees.Haha, far from it! :p

My "job" (of unemployment) allows me to sit on my backside all day.
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interresting... is the site as good? can you still call up and get someone on the phone??

might be worth the switch if the service is as good. would it be easy to switch everything over?
 
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