Member Info for bewareshadows

Yep, If there was a large capacity for income or capital growth then I'd think twice about selling at 1600. But if it continues to rise on no news then it would be rude to ignore an opportunity like that.

Hi poker, I'll be honest I bought this originally for the dividend, so I think holding is the safe route. But as this has yo yo'd a bit recently I took the option to sell at 1585 a few weeks back. I was hoping to buy back at about 1520-1515. Got lucky with the overreaction and got back in at 1503 without missing a dividend. This time I am looking to hold for 1595-1605 and take the dividend as cash on the way. Once its above 1600 then the capital gain is as good as me holding gsk for 12 months of dividends. So I'd sell as I can see gsk hitting the lower end of 1500 again in the next 12 months and if it doesn't then I'll add to one of my other stocks like saga or hgm, which are underperforming.

This has really shifted through the gears, getting close to a sell price already

Quite likely that the industry insiders have made their gains on the way up from 540. Us pi's find out today and spike the price whilst the insiders cash in on the same day. Hence why trading is tricky, investing means you don't have to be ahead of the moves.

Guessing the sp is always going to be tricky. Safe to say 620 is far better than 540. So if it drifts around the 600's whilst waiting for a contract I'll be happy with that. Especially with oil at its current value.

Should have bet on red rather than black

No cash to buy more so will have to miss this opportunity.

Maybe investing in the lottery would have been a wiser punt. A lottery winner could buy this company and still have change for a ferrari.

I'll admit I'm being a bit greedy poker. I've no evidence that the interim will increase but it would be a nice shock for our lovely shorting community.

GSK was a bit of a steal last week as well, so a very happy investor at the moment.

On the positive side volumes are way up on normal and the spread has narrowed.

So the increased activity may help this recover.

Broker rating back in March, so given the news last week over due for a rerate.

I'll hedge that the next rating is more like 0.3p

This was a steal in the low 1500s, high 1400s. Sometimes even the bluechips act erratically.

Then they add a big caveat at the end, "erm people may just move money into other stocks so that 10% fall may never happen".

Big cop out. Nailing their colours to both masts.

lol

Well back in today for a speculative punt. No serious money after many lessons learned, but hey who knows, even 0.2 would be a result from this level.

Oh yes and interim dividend due in the next 2 months so more lovely cash on the way. Would be interesting to see what happens if it gets nudged up slightly.

Just shows how rapidly this share can shift through the gears. The real positive for me is this has sod all to do with the oil price. This is about the company performing well. We are back to were we were pre the bond issue and the price of oil is lower than it was then. Would not be surprised to see shorts down to about 6% by the end of the week. Aqr got rid of some last week.

Well that's some nice news to wake up to.

I hope it does, but has this company ever come close to a profit

Wow massive bullet dodged here. Kept churning over whether to buy in at 0.2 would have halved my investment.

Still a way to go, but always nice to have a few positive days mixed in with the patient days.