Member Info for alto1

gelston if you would of said you are going to put a buy order in at 320p i would of said you were crazy. and i thought i had caught this drop with my hedge that i sold of an Wednesday but luckily i also sold of some longs with it. but i am still not tempted to go back in yet.

i am being patient not going to a penny over 16p

so the 19p bus has been and gone lets see when if the 14-16p bus arrives then you will be paying trade prices for bmn

this is not about really about catching covid it.s more about the effect on the economy trying to stop spread. not being funny but covid has mild effects to flu but we don't get a lock down when there is flu outbreak. this still has more downside. and pfc is tied to oil not really a wise pick at the moment. don't know if anyone has noticed but the DOW and GOLD are down this is not good.

this still has more down side the markets are pricing in bad q4 and q1 results. dow could start to recover from here but better of looking for correction rather than try to catch it.

at the end of the day it's just best to hold on to a lot more cash in times like these. i just don't think we are done with the down side but i would defo stay away from stocks with too much debt. i should not of used word safe haven it should of been defensive stock. eg i sold a lot of stocks at a loss last week and bought TSG got most of my losses back.that has now come back down to buy range so i will do this again they are tied to gold. i am not saying this is the thing to do but it worked for me and if it works again i will be in profit in this horrible market and that's not easy to achieve for a retail investor.

lilo for what it's worth i would stay away from buying anything but safe haven stocks. if the dow can drop this much and the cases of covid are low in the USA Imagine if it's get a lot worse and they call it a pandemic there is more down side. you could attempt to find bottom buts that's dangerous think of it this way the covid virus is the trigger but the impact on earnings is the bullet and it's starting to show in q4 earnings but probably will be a lot worse in q1 best to wait for a sign of a reversal but that's not easy as the Crookes will create a false dawn. and suck retail investors in.

well lets hope they have talks again even if it's pie in the sky it will still stick 20% gain on the sp. just to let you know the american markets are still selling off but it seems to of calmed down a bit it would be good for us if they could find a bottom by the bell. not likely but would be good.

would not think so. that would only work if they wanted access to our gaming sector which probably doesn't appeal to anyone. it's a case of we need them more than they need us.

that's why i am thinking even if we get an upswing tomorrow. it might be best to sell into it. because if this selloff stays for days thing are going to get mighty cheap.

i can't see it as a bear market just yet, there has been a lot of acquisitions in the states unless there all wrong. i just think covid is causing a lot of this. on the same token i am expecting a recession soon. the states has something like 27 trillion debt a lot of quantitative easing going on there economy is built on quick sand.

tricky one if this goes well tomorrow you will say why didn't i buy more at close but it's hard when all you see is a sea of red i have been hit hard on my US stocks over last 2 days i did take some profit Friday but i am thinking of exiting this market. the covid virus looks like it's going to take it's toll on q1 earnings for a lot of company's and add all the scare mongering = selloff

i waited and waited until 16.29 and still got caught by 2 points it dropped more at the bell. still it's all about tomorrow but one thing is for sure if this goes well i am going to sell 50% at 195p if we get there. this rigged market just cannot hold onto any gains.

the best thing they can say in report is they are paying some debt of. then it will be a good day tomorrow so i guess we will all be standing by our bunks tomorrow 7.00 sharp.

the more states the better i am looking forward to these earnings. we are looking to break even in the US but i am hoping we beat that and the recent super bowl betting could play a part in that. the markets are jittery to say the least so if we do well on earnings it could be a short lived rise? if today remains a down day it could turn out to be a buy day ahead of earnings at close of markets. well that's my plan could be a foolish one. but as i have said before still think the US business is not fully priced in. this was flying along then on the 13/2/2020 they said they (might)lower stakes on online gaming in six months and so back down again way over done on a if buts and maybe news release.

yes this is a case of cast the hook and see what comes back. but they have been getting some small and big contracts so hoping earnings and sentiment takes a turn for the better.

titteryenot thanks for input at the very beginning of sfo investigation a american trade house stated we would get a$1b fine which help plummet the sp. for me i still don't think there is any guilt this could be a foolish stance but it's mine none the less. but if i did have doubts i would say a DPA is no longer on the table as this is normally reserved for those that just crumble and hold there hands up. one thing that does annoy me is i can't seem to find any cases were sfo has been sued for the destruction of a company? which means these fishing expeditions can just go on because there is no risk for them. but i also think that the mood to anything to do with oil is very negative at the moment and will probably remain so that is were my risk point is at but if they diversify at a good pace then i don't see a problem. oil still has years to run yet but it's looking like the writing is on the wall in the end.

ok i can see i am not welcome so i will leave you all to it . all the best on your investment hope it all works out good buy guys

yes sorry was a bit bolshy of me do apologise but my prediction still stands.

let's do this get a post it and write 14-16p in 90 days and put alto on it. then do yours at your rainbow chasing 50p if you are correct i will donate £50 to a charity of your choice and buy the way i do hope you are correct for the sake of others that follow your prediction there you go i have written mine.