The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
A lot of people think that little shares like that will suddenly transform and make them big money, but alas that very rarely happens. Signing off for tonight, talk later. chavin on.
Your are correct on that , it does not matter what is written onmost of these these boards by rampers or derampers it will not affect the price, but your average ramper/ deramper cannot see that and they will try their best to talk people into buying / selling. But there are certian shares on which this will and does work, there are serial rempers out there and once the price is up they sell and all the people sucked in are left locked in.
I would hold tcg for the next couple of days and see what happens on the run up to the results, I would expect a spike then so you should get out maybe even with a small profit, or a big if your really lucky :)
Thanks for coming over, all help is welcome, I think they got the jist of rampers and derampers with my arguements with the rampers on the tcg board, one of the reasons we came here to get away from them for a wee while, feel free to give any advise as I dont know and cant remember everything..
Another thing is, you should spread you money round on different things, banks, oils, mineing etc not all on one thing. When buying I and quite a few others will split the buying, ie, say I was going to buy 20,000 rbs when they get back to 19p, I would buy 10,000 at 19p if something happens and they fall to 17p then I would buy the other 10,000 giving an average of 18p. If all is well and they go straight up from 19 then I would buy the other 10,000 at around 19.70 ish, may loss 0.70p profit on the second lot but I know that its a safe buy now.
Not to sure what caused the huge fall, I can only guess they were running out of money and making very little profit. I have sold before at a loss, sickening at the time but looking back it was the best thing to do.
What I can tell you is, that myself and a lot of others are expecting a big fall throughout the market sometime after the new year, so we are sitting mainly on cash untill then, that will be the time to buy, it would give you a very good chance to make up any losses you may take with aat. lloy has a target of around 16p for then, a buy at that price and you would almost double it next year and there will be plenty more good safe bargains to be had then.
sorry I was so long, had it all writen out then some how managed to delete it.
From what I can see aat will not go bust in the near future which is a good thing, only problem is your money could be locked in there for months or a year or so sitting on a big loss. So you have a few options open to you. 1 sit on the loss and hope for the best, meantime your money is not making money. 2 Sell half at a loss and use that to make some money back meantime if something does happen and aat flies up you are still in and catch the rise. 3 Sell the lot at a loss when it rises a little and use the money to make back your losses else where.