The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I have to admit, Jolly's interest here given he puports to having no interest, and the time he's taking to post, does intrigue me...have never understood why people feel the need to comment on shares they say they're not interested in...no law against it, of clourse, just don't understand it. Call me odd, but I have no interest at all in going on the Syq board and advising them what's wrong with their share and why their sp is still too high...it's none of my business. If I did feel the need to comment for the reason that I know someone on the Syq board, I'd say my piece briefly and bow out gracefully....and get back to contributing to shares I own, and leave them to it. Perhaps I've been over-exposed of late to trolls and derampers on the QPP board, so I'm overly wary of apparent good samaritans...but I doubt it. Not saying Jolly is one of course.....I'm sure if he's genuine, he'll fully understand how it might look to others.
There are plenty of shares which aren't technically cheap, but somehow manage to sell at a significant premium...I bought XLM shares at more than they are today because of what they'll return me in a few years, once the company has got past the initial cost heavy setup stage and starts delivering consistently high profits and earnings. I've paid more than what they are now selling for, but whether you think they are cheap or not is dependant on what you think you'll have to pay for them this time next year. My judgement, rightly or wrongly, is you'll pay significantly more.
You can guess at any number of theories...sp deliberately dropped to let an ii in...or those are sells and an ii is reducing. Fail to see why an ii would buy in at 49p and sell at 55p, unless they'd expected better results and had been hoping for the sp to hit £1 and then sell. But I would have thought most iis who were going to reduce post results would have done so straight away and realised a 50% profit not a 10%...which could mean they are buys...or not iis at all. Who knows?
I bought some more last week at 60p as I felt it was decent value...so no regrets...you can't always call the bottom so I buy in small batches (on every share) when I consider the sp is at a value level, thus giving room to buy more if the bottom isn't yet reached. We're getting towards ipo levels now so support must come soon. Some big trades going through now...hope not all are sells.
Not invested here, but it is on my watch list...there are quite a number of excellent AIM stocks which seem now to be offering excellent value buy ins...this is one of therm and I'll be watching closely on Monday....if Woodford thought 300 was worth buying at, I may be tempted at 295
They were delayeds Maverick...but still good to see someone take 175k @ 64p ....my rationale for investing in XLM has not changed, I think the results showed it is a healthy business and I expect revenues and profit (and de facto the sp) to grow significantly over the next 18 months...this is not a trading share, although it is entirely possible at this sp you could get a quick 10% if we see a fast move back to mid 60s, but I'm in for hopefully 200-300% over a few years.
So I'm assuming the Midas buy was the 3 million trade yesterday which showed as a sell? Very positive indeed.
Just got in and seen the closing sp...what happened? Decent results, I thought, not mind-blowing but indicating all on track...can only assume the run up to 80p was in anticipation of some mega figures which didn't happen. Just looked at the trades, it seems like every time we got some buying going, a 10k sell would land, very consistently, did someone short us down? I hesitate to use the well-worn term oversold, but surely this has been? Will buy some more in the morning if it hangs around at this level, as given those results, it appears good value indeed at sub 70p.
Volume was lower, think many took positions earlier in the week. But still encouraging to see a number of very chunky buys at 80p, so there is confidence. Now, will the results be good enough to stop any sell on news? They should be, and I think if they are, then we'll get a new round of iis buying in...so hoping for a nice rise next week. There you go...that's my latest attempt to regain the KoD crown from Clogheen.
No, saw someone pushing it on QPP (might have been Bingo?) last week...didn't really check it out. Problem is shortage of funds, and just wondering if sp now too high for entry? Interims look good though, and Woodford was buying in around 300-320 so he must see upside from there. Will see what I can juggle as I must admit to being a NW fan, just sold my IP fund holding which I had with him for 20 years....
Straight in for 9% of the company...must be confident.
A strange day...large volumes again, heavily in favour of buys, 84p paid at one point but the mm's dropped it back and held it all afternoon despite nearly all buys at 82p...but all looking good for a run higher this week...results Monday, aren't they fg?
Flanks, thought it relevant to reply here to give you a heads up on a poster who has raised eyebrows elsewhere...I'm invested here so caught my eye that Katie was now sniffing here. Apologies if it caused annoyance.
Oh yes, Katie, please attend....we could discuss your never to be forgotten outburst about QPP....your card is marked on all boards now