nathan698 Oct 2010 17:39
I'm pretty new to all this - started in April. I tend to look for leads via tips or areas I think might be interesting (oilies obv), also mobile phone payments, in here as believe shake up of Royal Mail might benefit this company and also think longterm potential of parcels due to internet shopping is good - that said I am BORED as hell in here!!! Look closely at market cap and how much potential is priced in - I want a bargain!! Look closely at little things like company website - is it nicely laid out, organised, no broken links, navigates well - if they can get that right it's a good sign - might sound basic but I really believe this quite strongly - it's important. Look at the CEO and their history. Look closely at market cap and whether potential is priced in. I have the most success when I remember my golden rule which is as follows....If I want to buy, think like a Holder, would I continue to Hold for definite or would I maybe sell (either to take profits or cut losses). If the answer is I would continue to Hold then this tells me to buy. On the flipside, I am thinking of selling; if I didn't hold the share would I be buying in at the current price...if the answer is yes then don't sell, if the answer is no then its time to take profits or cut losses. Also look to seize on opportunities...i.e. recently sat on massive RKH profits - potential remained great there long term but BPC had taken time to move on recent news and CHAR looked good value. Couldn't see why you would buy RKH anymore (not any short term reasons anyway). Decided I would definitely be holding BPC and CHAR (in fact I was but just with less shares!) so sold RKH and piled my money in and it paid off....so in conclusion, a bit of research, a bit of follow the crowd, a bit of good judgement and a bit of seizing the moment....how about urself mate? :)
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