Member Info for CHEQUEMATE

Orly has been buying again. Glad someone has confidence. Correction is continuing. I have sold out of some shares today, looking at others. Can't get price to sell on some stock. Good luck all CM

"In buying territory but will wait and see." Very wise. If this is a market correction then there is further to go. Never pleasant to see one through, but ultimately necessary. I guess like most here that our investments have taken a pounding today. Each of us have to decide for ourselves in our own circumstances what to do. I wonder what Trumpty Dumpty will do (if anything). DOW now showing down nearly 1000 points. Regards and good luck. CM

With the DOW down over 900 points as I post with just over 30 mins to go to close, it looks like the market is heading for a correction. If we take a correction to be around 15% that would take it down to around 22,500. These corrections (if that is what this is) don't usually last long butr are particularly unpleasant at the time. Obviously that has an effect on all markets and pretty much all shares, including GBG. GBG has held up reasonably well today but will probably fall again tomorrow. BT you have ****s of steel my friend, mine are more like putty!, so you will probably hold. I will reflect on all my holdings what to do, maybe reduce my holdings but not sell out completely. Will Trumpty Dumpty do anything to arrest the fall in the market?. It will give him something else to boast about and say everything good is down to him, everything bad is fake news and/or a conspiracy!. There are good days and bad days. There are days when we are the pigeons and days when we are the statue. Today and probably tomorrow we are definitely the statue. Good luck all. Regards CM PS Hope all is well on all other fronts.

Maybe another one tomorrow looking at the DOW. Looking back to the end of 2015/begining 2016 the DOW fell by around 15% over a period of about 6 weeks yet was back up to its' previous level within about 4 months (as best as I can read the chart). If that should happen now, it will take the DOW down to around 22,300, so, someway to go. This would count as a market correction. Although painful at the time these are necessary. Always difficult to try and sit these periods through. What to do?, well...........try and hold or sell and look to buy back in lower. Or of course, be brave and buy when others are selling; but that takes some balls!. Good luck whatever you do. Regards CM

There are good days and there are bad days. Some days we are the pigeon some days we are the statue. Today it is definitely a statue day!. Expected a mark down today, rather surprised by how much for DOTD. Let us hope Wall Street will be ok. Could be a market correction, hopefully short and sweet. Good luck all CM

Not sure why XLM are getting hit so bad today more than others. Combination of things I guess. Key for all shares today will be Wall Street and if there is any recovery there or more correction. Uncomfortable times but necessary from time to time. Hoping Orly has his timing right. Now running 3 profits and 3 losses in my portfolio from 5 profits to 1 loss from last week. Been here before. Tin hats on. Good luck all CM

Wonder what effect the DOW falling by over 2.5% today will have on SMDS along with the rest of the FTSE100 and the market generally on Monday?. I will watch closely and consider my position. CM

Hi JJ. A rare blue share in an otherwise sea of red it seems. I hope your investments are doing better than mine at present which have not done well so far this year - probably like the majority of other investors. With the DOW down over 2.5% today things don't look too good for Monday although it may have limited affect on DOTD. I think we could be back into a period of volatility where markets can swing anything between 1 and 3% daily, especially with how the DOW has rocketed over the last year. The market is probably due a correction and is possibly looking for a trigger. Rising employment and inflation and possible if not probable further interest rates rises in the US along with bond yields will not help, certainly short term. Investors may be becoming less risk averse. Possible not a good time to have very speculative shares but like you I do not include DOTD in that category. Good luck CM

Perhaps I did you an injustice triumph, apolgies. It sounded from your previous post you were another poster who gets excited about a falling share price for the wrong reasons. I get rather tired of them. I can see from your comments in your last post that you look at things more seriously. You may well be right about a rebalancing of ii portfolios, it does happen. And certainly the markets are cooling down, probably for the better. Rising bond yields have been mentioned on the quiet and have been overlooked largely by many investors. The DOW is down by over 2.5% today which is not good for Monday overall. There are days when there is volatility and we may be entering another spell of volatility generally. All my investments are having a tough time over the last week probably along with just about everyone elses. We know from the last trading update that the latest figures will be good (ahead of expectations I seem to remember reading). I just hope that come 13 March the share price will be around where it is now and will be given a boost. Looking back XLM had a price retrace of around 10% twice in a week in December, and around 7.5% in one week in January. I will look into my present portfolio over the weekend and see if I should do some readjusting, even if it means taking a small loss. It almost certainly will not affect my holding here. Perhaps we will have a RNS issued on Monday. Regards CM

Hi BT, good to hear from you. Yeap, couple of crap weeks as you say; and it may get worse before it gets any better. The DOW is well down today, over 600 points as I post. That is around 2.5%. That doesn't bode well for Monday. It is based on robust employment figures and the likely hood of interest rates rising again, along with bond yields. Most of the shares in hte FTSE100 and 350 are down. The question is: is this the start of an overdue market correction or just a blip?. The US market has been racing ahead since Trumpty Dumpty came to office and that sort of pace just can not continue. Most of my shares are down over the last couple of weeks, or to be honest over the year to date. I will look at my portfolio over the weekend and consider what to do. We've been through tough times many times over the years BT. They haven't lasted too long, maybe if this is another one of them it will be no different. Sorry to hear your shares have been hit too. All the very best, stay safe and well Regards to you and Mrs BT. CM

I can see where you are coming from. However if Spock from Star Trek was looking on I am sure he would raise an eye brow and say something along the lines of "Captain, that is totally illogical". At what price will you be happy with before you want the share price to rise?. Do you want it to fall further and further so you can just buy in a few more? I for one am never happy when a share price falls. I for one would rather pay more for a share, buying into a rising share price and into strength rather than buying into a falling share price and into weakness. Averaging up, never down. Regards and good luck CM

Nice to have some blue in a sea of red today. Is the general market turning or about to turn?. No room for any disappointment from any company. Need any market correction to hold off for another year at least until my personal pension comes to maturity!. Can't hide the fact that what little hair I have left is turning a definite shade of grey and is growing quicker in my ears and nostrils.....sorry, too much information!. Hope all is well with all Regards CM

All markets are down today; maybe that is having an effect on DOTD. The share price movement has been disappointing recently and is now back down to when I bought in mid December, so showing a slight loss. Other holdings I have have also retraced a little from the start of the year, probably like most other investors. On Radio 4 this morning on financial news 6.15 am, there was an interview with a market bear and market bull. The first was explaining that a market correction was due looking back at similar circumstances when the market has risen so quickly (particularly the DOW), saying it was likely to fall a good deal, but he couldn't say when it would happen and quite likely it would rise further beforehand. The bull was basically saying there was more positive movement to come because the rise has been largely down to rise in earnings etc. Thankfully he didn't say "this time it is different". Make of it what you will, but I happen to believe in the former rather than the latter. There will be some trigger to set things off, which may or not be obvious. There will be many investors who will not have experienced a correction nevermind a full on bear market. I just hope if there is to be a correction it will hold off until next year after my personal pension comes to maturity!. Other views would be appreciated. Regards CM

If we look at the share price graph over the period of 1, 2 and 3 years, it looks healthy; less so shorter term than that. I have to say I am a little disppointed with the share price performance since I bought in. Although I am now running a small loss it is still relativeley early days. I am not expecting much change in the trading range nor share price until potentially any trading update which is likely in the 2nd week of March if past updates are anything to go by. good luck CM

Just back in after taking some time out. So, there is the holding RNS, and another for a directors' holding; very quick after Ory Weihs buying. Good news. May look at adjusting my portfolio. Regrds CM

Looks like we could do with that trading update. Todays retrace is still a reaction to the placing imo. I would like to see a holding RNS. Not sure of that 225p prediction in the immediate future, but who knows. Regards CM

Inevitable retrace after placing at 198p. May retrace a little further but with obvious intention for more acquisitions, medium/ longer term things should be ok. CM

That has to be your call Skippy. I think if we look medium/longer term then, yes, this could be a good buying opportunity, particularly if we look back over the last couple/few years how GBG has performed and at their share price. However, there are always the occasional dip, sometimes quite a big one and none of us know when the next one will be. Personally, I am more comfortable just sitting with the holding I have certainly for the time being. Having said that there are far worse companies to invest in, although of course that is not a reason for investing in GBG or any other company. I don't know if this link will work from stockopedia.com, apologies if it doesn't, but from it you can glean some info regarding revenue, profit, operating margin, cashflow etc over the past years which do look positive. https://www.stockopedia.com/share-prices/gb-LON:GBG/ Regards CM

Last post meant to finish: "This remains in my watchlist but at present is probably too high for my risk appetite." I ran out of characters to finish as intended. Regrds and good luck all CM

From NT diary of 16 November: "COPYING TRADES: I can't stop you from copying a trade I made but remember the price may already be a lot higher than I paid indeed I hope it is as buying at good prices is what I do for a living. You may be buying at the top and could easily lose money. Also I can make terrible mistakes and have done in the past. I could also sell before you or before the share tanks. I may still be holding in a year when you sold at a loss. Always do your own research, DON'T JUMP IN BLINDLY. Market makers are very clever at knowing how to make you pay top dollar and then push you out at a loss. This site is about sensible investment and learning how to trade sensibly and IS NOT A TIPPING SITE . Beware. Never push buy on anything till you've done proper research and got yourself a sensible price. Avon looks a class act - a brilliant balance sheet and great businesses and it's just been selected as a contractor for the US defence department. You would have thought the shares would trade on a higher rating but the market seems to ignore them But I am hopeful of a re-rating at some stage to push them through highs and up another couple of hundred pee. So not being a buyer at the mo not much else to say but to make up for it a bit I will reveal a high risk one I bought which those of you who get my higher risk sipp trades will already know about but bought some for the isa as well. That's Ab Dynamics. (ABDP). It doesn't come within my usual parameters and it is highly rated. But looking forward I feel it is worth the risk. It designs and makes advanced testing systems for the automotive industry. But what makes it more interesting than your average share is bits I found on its website including "driving robots" and "Driverless cars". Although I hate the idea of both they are coming, and soon and guess which company is going to get a whole lot of work? That's why it is already highly rated but perhaps it could end up being even more highly rated as the years go on. It does have net cash too and I think it will take time and patience. But a reminder it IS high risk as it has a high rating!" I have been following the NT for some years. I treat his diaries seriously but only use them as a point of further research. If investors invest blindly then they only have themselves to blame when things go wrong. NT never has and never will be a tipster nor does he want to be, he is only relaying on his trades and his take on the market. I would recommend most strongly reading two of his books, "How anyone can make profit trading in shares" and "Invest like a Shark". The present retrace may only be short term. I do see it as being volatile and there is likely to be big swings both ways. I don't see this as being a bubble, more likely to be the case that the share price had got ahead of itself. This remains in my watchlist but at present is probably too high