I bow to your superior knowledge of the Markets , my background is in Sales before I retired at 56 I spent 33 years working for a Major German privately owned company ending in position of sales director, so all my knowledge is sales not the market. But to date I have not done to Bad Dignity £4.80 and BP £3.30 I was advised by a family friend to buy Dignity and also BP after the rig went up so I tend to follow his advice. He reads none stop anything financial and developing companies . The same guy paid £168,000 TAX on one investment he bought into an oil company at £0.10, £0.12 and £0.14 eventually selling at over £12.00 he said the swings were as much as £50,000 some days and the stress made him sell up. His broker said take it in small amounts to avoid the masive tax bill , to which he replied I may not live long enough and I will pay the tax. The guy is a very , very good judge. Best of luck to all investors
Great Post !! This SP is going in one Direction SOUTH !! If it hits £2.00 then we are all screwed as world war 3 will have been declaimed !! Jenkins has built a solid base and believe me he is no mug and will be being advised by the Top Briefs and the new guys just taken on they would not be hooking their horses up to the wrong wagon. Some people come on the board to try to talk the SP down for what reason I don't know. But as you point out if any of us were privi to information we would not be on here rambling but we would be selling everything we had to fill our boots then spend the rest of our days sailing our yacht and drinking our McLaren . Best of luck to all.
OK Force, let's try to get back on a better footing. I presume by your posts of yesterday that you are now saying your previous username was joeysheedy. If you recall it was me who asked you that very direct question and you said "no" - so you weren't being entirely truthful there seemingly? Quote perceptive of me if true :-) That aside, I told you I bought at a much lower price than its current price. So I'm in (paper) profit - don't like to broadcast it as some have much higher averages but hopefully we'll all get in profit. Do I still remain bullish at 236, yes...am I certain it won't fall, absolutely "no" - it is the absolute certainty you claim that irked me and I did not want others to sell listening to you as if you had some inside info...if you did have any then you shouldn't be posting on here! If you can convince me why you think it will then I'm happy to listen. That is why I showed the 4 shares you are bearish on that had all gone up since 24/10.
The SP will no doubt fall if the dark pool goes significantly against Barcs, similarly the FX issue being significantly worse than the book provision of £1/2bn. Truth is none of us actually know so their is an inherent risk and conversely a good upside by holding this share now. That is the risk I'm willing and most importantly can afford to take. Also a general market retrace will affect the SP...don't think it will happen as yet but I could be wrong.
Overall I think you may well know what you're talking about but your suggestion you have never lost is not really believable. Your TCG short is clearly down if still open and reading your other posts you wont leave it open forever. Have never met anyone who hasn't lost at some stage, me included!...key is having a strategy, managing risk and I agree with you not being too emotionally attached" to a share. That is never the right way to invest and / or trade. I also agree with you on analysts ratings - they have been bullish for sometime on Barcs and clearly wrong up to now. My views are from July 2014, so not sure why you keep quoting 800p at me seemingly. No, I'm not a city trader (you asked on Sat) but have a strong financial background which involves "facts and evidence" which perhaps explains my style of posting. Happy posting as you can be quite entertaining at times and can be pleasant to other readers unlike the likes of kovalic who simply appears when the SP falls and delights in others misfortune.
One last point, most on here are investors and don't want to here negative views...on the contrary I am always happen to listen but I've not seen anything that says 200p is around the corner, save for the dark pool gping the wrong way or the FX issue developing in a much lesbian favourable way than the others that settled recently.
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