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Based on that then an average of just over £1.20 - funnily enough I did a calculation the other day to show how trading 10,000 shares when the opportunity presents itself would impact - I think a price change of about 6p resulted in something like 2000 odd extra shares - that may be something worth considering - obviously they will become more tradeable as more news comes out - shame they haven't sorted the gas issue out yet as I think that would give everyone there a boost.
6500 bought at 212, then after the fall bought 10000 at 60, Ithey got up to 66 but I didn't take that profit, blinded bythe loss on the 6500. Strategy? None, just become a LTH I guess
Well I'm going to add a P to the subject heading after today!
Anyway, it is really quiet here today - I did think something exciting was going to happen earlier because of the early morning auction but then I remembered, its Friday, and rarely does anything interesting happen on a Friday - everythings normally kept for a Monday for the start of a new working week.
Yes, I've also noticed that IAG is starting to cool now - some people may have got influenced by the comments there which is a shame as its like I said earlier, I can't understand why it would have risen so much on the back of that news because the fundamentals of IAG hasn't changed.
Have you got a lot in there SadAct and what strategy are you going to adopt? - trade out of it or just sit and wait for it to recover?
Sorry, I meant TLW Tullow oil
Hi T, not much happening here today.
I see what you mean about the other board, a load of names I've never heard of talking about 8, so probably back down 3% tomorrow.
Its amazing that you've given yourself a project and a new skill to learn as well.
Software engineer from the 80's - you must have done well for yourself then getting in at the start of the technological revolution.
TLR - I'm not sure who they are/were - can't work it out from that - enlighten me!
well, I'm in UK at the moment, for the next 2 months so the french project is on hold.
I am a software engineer and start self employment around 1981, over the years, I always had either too much work or not enough so in a drought of work in 2002? I found a ruin in Brittany thinking that I could do it up with my 'spare' time between software contracts, really to generate an asset. I was time rich so I resolved to learn building trades on the job, one or two things I had to tear down and restart! But it was good use of my time and when more software contracts came along, some of them I was even able to work from home, be it UK or france. I have been very lucky. Just in case you think I am charmed, I bought a shed load of TLR at over 200 AND STILL HAVE THEM!
Thats brill - I only mentioned it because you were saying about it being difficult to get a signal - but good to hear that your reducing the number of holdings that you're having to track.
Glad to hear that you already knew about CGT losses. How's the carpentry going?
T. No, I am trying to reduce the number of holdings I have so will monitor ASC but probably not buy at the moment but thanks for the thought.
By the way, yes, I knew that about carrying CGT losses, I am already doing it.
Well its starting to cool off a bit now but I am surprised it rose so much on that news and that, combined with "new" commentators on the board, makes me think it could be shorts closing and lulling people into a false sense of security and encouraging them to buy saying £7 etc. I know what you mean about something that was said about IAG yesterday, but if you click and follow that person, they are very knowledgeable.
In fairness, we've both probably missed out on loads today so perhaps need to have a fresh start from Monday. Yes I'm glad I'm out of Tullow, but if there is another short attack (which I wouldn't be surprised before they're finished with them) then I may buy 10,000 for a quick buy and sell - if I know I can make £500 quickly by doing that I will.
SadAct - you may not be too late with ASC - they've just been upgraded by Morgan Stanley I think, and looking at the graph its pointing towards £33.00 - good luck whatever you decide.
Hi T, it's no big deal IAG, don't worry yourself, you didn't tell me to do anything.
Yesterday, I had no idea they would go up.
Things happen so fast sometimes. They catch you off guard. Sometimes you can actually be unprepared for success!
It could be shorters, yes.
Let's hope we can all make some money here on Ocado the same way. A big chunk of news and they really do react.
I looked briefly at Tullow, saw they were down, lucky you got out.
Actually G - thinking about it, if it is shorts closing, you can guarantee that their going to whack the share price down again at some point so whilst we're both massively disappointed today, being alert to that fact may be beneficial.
If you look at Tullow on Wednesday - totally different in some respects I know, but they were down 20% again Wednesday because shorters have got hold of them.
I know its a change for IAG - but honestly, that much of a rise just because more people can buy into the company - I know it got hammered when the news of the restrictions came out, but could it be more shorts closing today?
The news after all doesn't make IAG any more profitable does it?
Thing is, nobody even writes much on the IAG page, so you don't get much idea of anything. Only one person had visions of 7 a while ago.
Your other comment here, true...buy in the red, yes.
All I know about Fevertree is past glory and from looking at the historical chart it shows a massive triangle on the way down. To me, it doesn't look that attractive.
I know we're in opposite camps again but try to start thinking of risk/reward in respect of your money.
What I mean by that is you're probably gutted with IAG at the minute - but what you have to start thinking about is OK, this is where x share price is - how much does the share have to go up if I buy now before I'm in profit, and where is it now? You have more chance of making money if you're buying when a share price is in the red than you have if its in the blue and especially if its significantly blue.
Look at SafeAct, he bought 250 Fevertree yesterday and he's already in profit on a small buy in - small and often really will make you more money over the longer term, and if Ocado drop to £13.00, then consider using the money from IAG to buy and sell here today. The extra you make then will buy you more IAG on the drop later today or Monday.
Unfortunately you want down, I want up...but you are winning, 1309 don't like the look of that!
Its all computerised these days so how they set the perimeters I have no idea.
I'll share my thoughts with you - if £13.22 was indeed the top, and based on my 50p range movements in a day, ideally, and what I'm now instructing the market to do is not play around with 10p up, 10p down to get to the 50p - I want the full 50p drop all in one go and a price of £12.72 - do you think anyone will sit up and take notice of my instruction :-)
well it does say 1308 on graph, but I don't know who is making those graphs!
Was that the spike for today I wonder