Trading the stockmarket (NO Referrals)

Ranger07 · 8 Jun 2010 at 08:55

MTA is starting to look cheap but its like trying to catch a falling knife. I like how the spread is getting a bit tighter.

I'm just sitting out just now as things are probably going to drop more.

booyaka · 8 Jun 2010 at 09:03

Ranger07 said:
MTA is starting to look cheap but its like trying to catch a falling knife. I like how the spread is getting a bit tighter.

I'm just sitting out just now as things are probably going to drop more.

yes - MTA tempting @ 1.5p however I'm a bit wary at the moment as well and just holding fire for now on any further trades

Firestar_3x · 8 Jun 2010 at 09:06

I would be very wary of MTA, i'd expect further drops today!

Range are looking good hopefully we can break the 5p mark today, i hope some of you boys got in on the act yesterday

Morgoth · 8 Jun 2010 at 09:09

I went in on Range, though I played it a bit safe and just went for 10k shares. Let's see what happens.

Firestar_3x · 8 Jun 2010 at 09:13

What did you buy in at out of interest?

I thought i got in at a good price (4.785) but then it dropped to 4.5ish for some of the day, its going to be very interesting to see what these shares climb to in a few months, RNS due soon (i think) then things could really kick-off!

Morgoth · 8 Jun 2010 at 09:16

I wasn't quite as lucky on the price as that, I got 4.85.

blackapache · 8 Jun 2010 at 09:22

Got in at 4.625 which was nice, in my ISA as well so hoping for some crazy price rise! Will combat my TW holding which I have basically written off now, just gonna leave it there and hopefully a few years down the line the company will have sorted itself out!
You win some you lose some I suppose!

Firestar_3x · 8 Jun 2010 at 09:26

Should help with my loss on MTA & NTOG!

Hoping for the gas price rise to continue outpacing oil / gold etc for a quick / longterm rise in some other stocks.

Prophet · 8 Jun 2010 at 09:37

KEA or DES decisions decisions!

Help lol.

Firestar_3x · 8 Jun 2010 at 09:41

Depends if KEA find anything at the bottom of the latest hole

First will send the price up, the other won't, lol!

Prophet · 8 Jun 2010 at 09:43

It's just so simple lol

Ranger07 · 8 Jun 2010 at 09:46

Just bought more DES, got in at 104. I still think that is cheap. Fingers crossed the AGM goes well.

Sold some Redrow last week at 135p, seems like that was a good decision, now trading at 119.

Over Clocker · 8 Jun 2010 at 09:58

Just bought some extra DES at 104 also. Fingers crossed!

Prophet · 8 Jun 2010 at 10:02

105 here but I'm happy with that

verbal · 8 Jun 2010 at 10:05

Heh me too.. 104.50

good luck guys

aardvark · 8 Jun 2010 at 10:06

i'm surprised nobody mentions gkp - imo they have far more future potential than rkh, des or mta.

verbal · 8 Jun 2010 at 10:08

They're all risky stocks. lots of people who hold rkh and des on interactive investor also hold gkp.

Over Clocker · 8 Jun 2010 at 10:14

I think gkp is yet to bottom out?

Ranger07 · 8 Jun 2010 at 10:14

Im not a huge fan of GKP due to the instability in Iraq.

blackapache · 8 Jun 2010 at 10:20

I hold GKP, was one of the lucky originals that got in before the 10fold jump. Only had £500 in though as was when I first started out and took a lot of the profit last yea. Still holding a reasonable amount of shares, I dont think its done as there is lots of oil just problems with the transportation.
Im not too bothered either way as Iv made good money from it, the rest I will leave in for a while to see what happens as its pure profit.