Member Info for bewareshadows

Indeed and straight back into gsk it goes.

Ifonly1 There is plenty of opportunity in the market for ups and downs but to me it feels over the last month the resistance and support levels have been slowly drifting up. I'm sure the more technically aware investors will be able to correct me, but we seem to be finding higher and higher level. So what is the new support for this share? A few weeks ago I was buying at 430 sell at 450. More recently its been buy at 504 sell in the 530s. This week I even bought in 517 and sold 540. Will this drop again to 430? 500? I have my doubts, but whether the top is 550 or 580 or 700 I equally have no idea. I'm going to reinvest the dividend what ever the price but holding my trading pot back for a while to find a new level.

Don't think so. Syria is aligned with Iran. So neither are pfc reliant countries as far as I am aware. Any wider fall out would likely restrict oil suppliers further. Increasing the price in the countries that pfc are active in. Personally I hope for the best outcome for people on the ground as no amount of money is worth killing people over.

At �12 I might consider cashing in.

I'm just holding full stop. This is now a keeper for me so long as they get a better grip on debt and Profitability, I see no reason to sell.

Not sure. Bought and sold today for a quick trade. But still in here long term. I think a lot depends on how long the oil price can sustain this level.

Ah thanks. Your right 545 is not far, but this has bounced of 530s a few times. A vast improvement on the previous resistance of 430 though.

Lost me. HH?

Yeh I'd been watching Ladbrokes earlier this year. But all money was tied up so could not invest. Not sure when you got into glencore but its rocketed since I was in.

Ifonly1, are you in any other stocks or just pfc?

Yep, it's a Blue day across the markets. All the FTSE measures are up, foreign markets are up, oil is up. Probably the only things slowing this down a little is that the pound is also up and if all stocks are making gains then there is little incentive to move your money.

Well looks like the auto trades will manage this for now. Thought it would have topped 530-532 this morning. Glad I did not bother with cpi yesterday it just kept dropping. Even with todays rise it would still be a bad bet

You got your limit in place ifonly1?

Think this will definitely rise today. Oil way up and all markets up. Just wondering if I can jump in early enough.

I held off both in the end. If it had hit 510 or below I'd have been in. Capita is a tricky one with the rights issue. It's a 50\50 call as to whether it will make money. Need to see how bad the financials are but once they are out everyone will know.

https://www.cnbc.com/2018/04/06/u-s-oil-exports-could-derail-the-global-oil-rally-says-energy-expert.html

Was toying with a quick trade in CPI this morning until I saw this beauty fall. Looks like there is more money to be eased out of the old girl yet.

I think it's a great share. Just had limited funds and wanted to invest in capita and then pfc. Can't hold them all. I'd definitely reinvest in BBOX, I'm just not sure when.

I was in BBOX a few years ago. A nice dull share with good dividends and lots of opportunities for rights issues at a discount. I've thought about going into property directly, but it does tie up your capital for much longer periods than the stock market. You also have to pay much higher fees and since the recent change to the landlord tax rates some seem to have dropped out. Add to that you need to invest to maintain the property. Not trying to put you off. But my daughters child trust fund increased by 80% in less than 2 year in leggs Japan fund. No estate agents, no tenants, no lawyers. What if you invest in property today and the market goes down 30% next year can you hold to recover the losses. As with all investments DYOR.

Job numbers in the USA today not as expected and trump with more trade war talk has not helped. Not a bad gain for the week though