Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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I'm so very amused. To those who claimed Goldman Sachs bought *today*, did no one read the bit that the threshold was crossed on the 26th and they notified only on the 28th?
For all we know they're just positioning to buy rights and may have very well cut their stake already (or planning to)
Funny people
magmanus_49
Wed 16:37
Posts: 2,449
Price: 85.54
nice consolidation today - some every large buying. expect over 10p tomorrow - buyers will start buying tomorrow. Today was consolidation and a very good one at that. 102p already paid.
It's not much of an explanation: "we should have made the adjustment at 11:10 but the LSE held back for another 4 trading hours at an artificially high price whilst people invested good money down the drain(??) but it doesn't matter because everyone knows leveraged ETF's are dodgy so it's your own fault for buying in" is what I got. Really **** poor.
I see the website explanation and it's BS
People who shorted RR yesterday using Granite 3xShort when RR sp was 85 ..90 ..95 should be in big profit now.
Instead we are in big loss :) we shorted RR and we lost our money cause RR went up :)) this is nuts !
read the Granite website, there's an explanation there.
I mentioned 3SRR to a few seasoned trader friends last night. It wasn't something they were aware of (me neither until recently). The consensus was none of us would touch it as a trading instrument. Perhaps that’s us being unduly conservative but, as yesterday’s shenanigans show, you do need to be on the ball and understand implications of the small print.
Luckily I wasnt in during that time and pulled out my money when doubled to 50.
Performing ok today and I do understand their reasoning for the F up but just confused on why it happened when it happened as their was no need at that time. Anyway opened another position today and saw some decent gains. Will probably ride this to 50 or so and pull out again.
Good advice larkinjersey.
When thinking about closing a trade in my view is you should try to ignore the price you entered at. I expect we'll all done it sometimes. We've seen a holding start to drop back and checked what price you bought at. If you're still sitting on a nice profit it's tempting to bank it fast, before it goes lower. If it's drifted a little into loss you're tempted to hold on, to let it come back. You can end up with the classic of running your losses and cutting your winners.
Instead of checking your buy price, ask if you would be buying now, as a new investor. If not, why are you holding?
What matters it where you think the price will go next, not where you bought it.
Stop loss activated at 3:30 yesterday, it wiped me out too, not sure the legality of it 7 hours into a trading session, you're in a big boat mate
Anyone here has any details about what's going on with Granite Shares 3SHORT RR ?
I bought 10k units when RR sp was 80-90-95p and I should enjoy big profit now, but the unit price for 3SRR is totaly wrong now, it tells me I actually lost more than 2000 pounds.
It makes no sense ...
arms99 I did the same but saw it getting close to £1 and thought it was time to bail back out. Im not the right person to tell you where RR will be going, but today is probably just consolidation of the SP and hopefully just a settling down. RR dont usually interest me that much. Last time I bought into them heavily was after the engine on a quantas jet exploded - That was about 2011 from memory. If youre building a diverse portfolio than the volatility shouldnt really be a worry to you. To be fair - My portfolio is not very diverse and isnt all that healthy. The only advice I can offer is as stated before.....DYOR and whatever you do....Do NOT follow buy or sell recommendations on a share chat site. Whilst the majority of posters are helpful, there are some market makers who will post misleadingly to try and influence (fleece) investors out of their hard earned cash. The best tool I find for looking at share prices is fibbo retracements - but you must do your own research as they are simply a tool and usually work best in hindsight! Good luck!
I noticed there was a question about auctions yesterday. For those who are interested in getting a bit more serious about trading than the average punter posting here, I suggest you take a look at the downloads on the link below. Knowledge and hard graft are key to success at trading and understanding how the system works gives you an edge. If you're lazy and hope to rely on others on bulletin boards for information, you're going to struggle.
https://www.londonstockexchange.com/trade/equity-trading/sets
larkin I bought in at 78p 10k in 3 hrs shares was around 97p I thought they would stay or go higher not drop like this. Im new to this im guessing they will go back up at sometime
Ive only recently git back into share dealing matlot. But used to be very very heavy on CFD's. I was a regular poster on iii. I lost a fortune by having a couple £10 per pip long bets on the FTSE the day of the Japan Earthquake. Thats when I started to look at the psychology of trading. I think Richard Farleys book is a very good starting point. It explains the rational of riding on 50% losses whilst being happy to bank 2% profits. Very useful information and a timely reminder to anyone to make your trades disciplined. Set stop losses, cover volatility with shorts or simply buy and turn off the laptop for a month or so most importantly - trust nobody on share chat sites ;-)
arms are you holding under a CFD? Possibly protect your position with a covering short? At least youll sleep better. If you look at the volume of trades, it seems quite low hence the volatility. I wonder how many auto trades are trying to recalculate support and resistance levels?
I should have sold yesterday at a profit now im in the red don't know why it is going down so quick
Well said larkinjersey. The idea that the ill-informed opinions of a small time punter can any meaningful influence the market cap of a FTSE 100 company seems ludicrous. Like you, I think it displays an insecurity in one's investment decision.
Even broker recommendations don’t have that much effect and even then only in the short term.
magmanus - Ive been watching your posts. Luckily Im now out of RR. I sold pre RI - just clearing a very very small profit after averaging down from £3+ (Lowest buy was at 116 hence why I managed a profit). I bought in first thing yesterday purely out of interest and managed to do a very swift sale with 20% profit. My volume was tentative - Literally cleared £250 profit!
I consider my trading history with RR as a very very lucky escape - having sat on enormous(for me) losses earlier in Sept and Oct.
My trades were based on a similar sentiment - Its a great company etc.... And I was lucky to get out. Im unsure who youre trying to convince with your comments......Yourself probably! I do enough research to know when somebody is panicking, and sorry to say it, but you seem like one of those who will be here one minute and then trying to explain to the missis why shes shopping at Aldi from now on. If you look at the fundamentals - RR have not suddenly gained a huge order, they are struggling....Why would you consider that the SP should be anything more than 75p? Which would (if my maths is any good) equivalent to £2.20 Pre RI. Absolutely nothing has changed on the order books. I will keep my powder dry and will look to start (tentative) buying at this level. I dont have £200K to play with. (I very much doubt you do either) but the decision to buy will be mine and mine alone. Why you feel the need to try and persuade others to follow what quite frankly is a risky strategy is beyond me. Perhaps Misery loves company? If youre not making cash - its no reason to tempt others into teh same boat. On the other hand if youve any genuine insight to justify your trades, Im sure all on here would appreciate the analysis.
some one (shorter) said down she goes?? where....lol waiting to buy....
yes, and no freaking sellers here....was hoping for lower entry.
the idea is keeping buying here, until the cows come home.
And remember we are all buying RR. The world best. Name anything that can beat RR in terms of quality, worldwide. well?
Must be nice to dwell in the delusional world you live in.
another 10k added, now 15ok to add. mms peeing around here.. many shorts to cover yet - more newbie shorts welcomed.
don;t by Roylce Royce - you might do very well buying best of British... duh?
Still not 100% sure on this offer. Can someone explain in plain English the options we have and when you need to make sure the money is in your trading account so you receive your shares. Please!
1/3 discounted , so why sell here...its buy or go away. imho