Trading the stockmarket (NO Referrals)

Shikkaka · 27 Jul 2010 at 16:31

Simon said:
Banks are going nuts, probably like April though and then it will all dive on the next bit of bad news.

And for that reason - I'm out! (at 69p on Lloyds)

Yup, me too at 71.30

Fingers crossed we see a nose dive in the coming weeks and I might buy back in.

AtticusFinch · 27 Jul 2010 at 16:33

RBS over 50p again - loving it!

PeterNem · 27 Jul 2010 at 20:40

I bought RBS at 32p about 18 months ago ago... watched them go up, down and up again... Wished I sold at 58p when I had the chance and wondering how much longer to hold onto them for this time.

I'm not in a huge hurry for the money and didn't buy much, so am thinking I'll wait for their results announcement at the end of next week and consider what to do then. Worse case I'll wait longer. In my head I always said I wanted to doubly my money.

Duke · 27 Jul 2010 at 22:29

Retail sales doing well http://www.bbc.co.uk/news/business-10776846

Hatter The Mad · 28 Jul 2010 at 17:49

I unloaded two thirds of my BARC yesterday after their 9% surge, one third of my LLOY holding (8.5% surge). Looks like a good decision.

JAYJT29 · 28 Jul 2010 at 17:57

BAO are looking on the up, just been reading up on them. Pity i have no funds to put in!

Jay

Simon · 28 Jul 2010 at 20:27

What's news with them then?

Dr House · 28 Jul 2010 at 23:49

damit Im making good money on XTA but loosing lots on Yell

HungryHippos · 29 Jul 2010 at 00:08

Sold my LLOY shares at 71.75p, I didn't have that much but what I did have was 30% up so I sold, will buy back some more on a dip as one normally happens at some point. Wish I could say the same for my TW shares which are 40% DOWN overall, with those I am just holding on because you don't realise a loss until you sell...

Cheekykid · 29 Jul 2010 at 04:31

Bought 15k of Lloyds at 68p ahead of the results which should be promising. I am in for the long term so not looking to cash out before £1

pull2808 · 29 Jul 2010 at 07:51

Dr House said:
damit Im making good money on XTA but loosing lots on Yell

What's the deal with Yell, i've tracked them for months and seen the price go from 30p up to 60p and now back to 25p. Any reason for this? I'm tempted to take my profit from RBS and put into Yell for a few months.

RandomTom · 29 Jul 2010 at 08:55

PeterNem said:
I bought RBS at 32p about 18 months ago ago... watched them go up, down and up again... Wished I sold at 58p when I had the chance and wondering how much longer to hold onto them for this time.

I'm not in a huge hurry for the money and didn't buy much, so am thinking I'll wait for their results announcement at the end of next week and consider what to do then. Worse case I'll wait longer. In my head I always said I wanted to double my money.

Exactly the same here. Hoping to sell for £1 in 2012.

booyaka · 29 Jul 2010 at 09:28

RRL is off to a good start this morning - up 6% already - if it creeps past 7p, I would be very tempted to unload and buy back at a later stage.

Someone just dumped 2 million shares @ 6.55! and 2million @ 6.4p!

smokedog · 29 Jul 2010 at 10:11

booyaka said:
Someone just dumped 2 million shares @ 6.55! and 2million @ 6.4p!

I think people read too much into traded shares. There were massive £xxxk buys on FOGL the evening before they hit a duster.

I can see RRL hitting 7p today.

Morgoth · 29 Jul 2010 at 10:18

booyaka said:
if it creeps past 7p, I would be very tempted to unload and buy back at a later stage.

Same here, I need to buy them back into an ISA anyway.

Over Clocker · 29 Jul 2010 at 12:18

I'm in a quandary whether to sell RRL now and be happy with a nice 15% profit, or to stay in for some possible much bigger gains, but possible not!

RichIbizaSport · 29 Jul 2010 at 12:33

Over Clocker said:
I'm in a quandary whether to sell RRL now and be happy with a nice 15% profit, or to stay in for some possible much bigger gains, but possible not!

Same boat, but I'm still scorned by KEA (currently -29%). Gamble or not..... argh!

Over Clocker · 29 Jul 2010 at 12:45

I'm down 10% on KEA now, thanks to their 2% rise today, I think KEA will pick up near the end of August, then I will sell it.

I have a small holding in LEA though, but a larger holding in RRL!

Up 8% now... Hmmm!

I might topslice.. I've got enough in there to make it worth it.

booyaka · 29 Jul 2010 at 12:57

Over Clocker said:
I'm in a quandary whether to sell RRL now and be happy with a nice 15% profit, or to stay in for some possible much bigger gains, but possible not!

agreed - i'm up 27% on RRL

but down 16% on KEA still

Hatter The Mad · 29 Jul 2010 at 14:03

Eulogy said:
with those I am just holding on because you don't realise a loss until you sell...

Surely that is a terrible way to measure your wealth and position, pretending that it is worth exactly what you put in at the start?

I have seen many hobby investors get burned VERY badly because they did this - anything that didn't "go well" suddenly became a "long term position" and could be forgotten about.

Don't do it!