Member Info for Horult

prem still plodding on, pushing through 1p

dammed if you do, dammed if you don't
as hard as it is you need to try and remove your heartstrings when trading be pragmatic and move on - there is always another opportunity around the corner which is both exciting and scarey lol. Long term shares can have your heart to some extent but don't give it up easily for the short termers!

my original buy in with prem was at 0.005p oh how I wish that was more than a £200 buy now lol
my average now is 0.35p so less stress if I see some pullback as needs to go a fair way to get there. 0.5p would be more stressful and cant blame you selling, especially when 88E was looking so enticing at the time

first blast video up for PREM nice to see it's all happening

the guy doing the music wants to guarantee he is getting a bonus doesn't he!

weird blip on matd down to 1.08 that would have been a nice price lol

sorry I got carried away there!

Remember on BB's it's like gamblers anonymous - people only talk about their wins!
Last year was bad for me, stuck with too many long termers and big crash with American tech firms - I am slowly getting out of them and will not be investing in USA stocks anymore! They have P/E ratios far too high so if a crash happens it goes bigtime. Have a number of shares at 70%+ down Things been going better for me since Jan and getting some cash freed for shorter term punts - which I did do well with in the past.

I seem to be getting best results with swing trades. Seeing things that have been panic sold and getting in for the recovery or seeing some shares which regularly move up and down. These can take weeks to months. Though getting a bit more involved with trying to get in on these rig win/dusters after seeing you guys, seems like a nice idea to get in early and out before the duster risk.

Though I do get itchy trigger fingers and want the risk/reward gratification/panic of short trades lol. It is very hard not to touch things and buy in and out on a whim.

So I have a very mixed strategy to be honest. I have some long term risky shares trying to take advantage of emerging EV / eco markets. KOD and PREM being my biggest winners. PHE went from my biggest UK winner to biggest loser - I believe/hope it will come good eventually but it all fell apart over last 12-18 month. HE1 and TM1 also underwater with - though made some back recently with some additional buys.

Shorter term in early and get out and/or swing trading on IOG, MATD, VAST, BOIL and 88E (failed on that )
recovery plays on ALL, GCAT and COPL

I intended to split my shorter term funds into 5 to trade. Just keep reinvesting the 'pots' independently without adding anything extra to them with but got tempted into ALL and COPL recovery plays, which are taking a little longer than I would like but at least I am not underwater.

trying to get another pot put aside to do some day trading on to resolve my twitchy finger. WIll treat this as playful experimenting with a lump some I am happy to lose completely. If COPL / ALL recover I may be able to start trying it.

So yeah mixed bag strategy. It spreads the risk for me but also likely reduces maximum profits, though the reduced risk is better for me I think.
Longer term as I get older I will be reducing the risk and putting my profits ( hopefully) into more stable dividend payers for retirement. I have a list of 12 companies which I am hoping to invest £20k in each, mixture of markets to spread risk. Have started with I3E have about £8k there.

year 1 17k profit
year 2 16k profit ( much worse than year 1 as I actually added a lot more funds )
year 3 - pending as not done it yet and kinda too scared to look! Though my POLY profits may have saved my bacon. I was tempted to sell KOD and PREM to boost the years takings but just about managed to stop myself as I believe they will do much more the next 12-18 month

I was kind of expecting things to be moving a bit more today
new ISA day combined with a fomo long weekend

maybe things will go nuts in the afternoon

" taxman will take huge amount"
over exaggeration there
taxman will take 10% of your profit ( if you are on lower tax bracket - up to 37% if you are in the highest income tax bracket )

we would all be happy if it got to 10p
and it would not be a big bother to pay some tax on it if it happened lol

this year tax limit is £6,000
so if you had profit of £10,000 you would be paying tax on the £4,000 difference

but bear in mind that next year tax limit drops again to just £3,000 so you would be paying tax on £7,000 in your example

ISA is the way to go moving forwards

T212 do not do in specie transfers
so no you can not transfer your shares into another account
you can not transfer into an ISA anyway
you need to sell the shares, wait for the funds to clear then you can put the money into the ISA and rebuy the shares

some companies do bed and isa in which they will do the sell and buy automatically for you but that is irrelevant in this case

this could of course have tax implications on the profits of the sale, depending on your amount of shares you own
also bear in mind in this new tax year, the capital gains tax has dropped to £6000, if you have a profit of over £6k you will have to pay tax

fingers crossed, it is looking good right now

now that's a tough call which would do better HE1, MATD or KOD
I'm actually in all 3 lol
though HE1 was a long while ago, in at 12p have averaged down to around 8.5p - I may average down again on new ISA
KOD I am in long term at 0.28 and looking to hold 2-3 more years
MATD I sold half my holding yesterday ( cheeky 15%) as it was at resistance point but still wanted to be in as if that LP lands it will fly but it could also drift back and I have a rebuy set at 3.6. Was surprised the sell on news guys did not bail this week when the June spud was confirmed

HE1 and MATD are riskier imho, KOD is financed in theory it's rising as that confirmation from chinese authorities expected anytime now.

in an ideal world hypothetically speaking
buy KOD for next few weeks as it rises for authorities confirmations
bail with sell on news brigade
buy MATD for their June spud and may also get lucky with LP news
bail
buy into HE1 for Q3 spud
bail
sit back and look incredibly smug if that all pans out

KOD on a nice rally this week, hitting it's 2 year high and finally at the price the JV partners are buying in at

my long term TM1 shares were bought some time ago - at 3.5p so its still not good for them ;-)
hopefully will get back there later in year when EA licence is sorted

sold TM1
I still hold some for long term - but 40% profit was too much to ignore

tm1 is going nuts
surely just dropping a broker should not have that much of an affect?

I3E year results look good if you like a long term investment
I especially liked the statment "Our 2P reserves are now independently valued at circa $1.2 billion or £0.81 per share"
current SP still gives approx 11% dividend

MATD confirmed RNS now confirmed spud of june

lol, wish I could have!

T212 recovered now
was an unusual 10 minutes where I went from being 5% in profit to a 45% loss instantly
stupid glitch!