I only found out today that I just lost a few K on one of my favourite construction companies! Perhaps that's my problem, I remembered them as a construction company. Anyhooo............I don't whine about losing money in shares, it happens, though like some I think there's been economical truth here. To be expected I suppose, and optimism plays it's part. Overal, mustn't grumble, I don't know if I am up or down overal on these, can't remember. Neither here nor there, shame though, I LIKED this company though that has **** all to do with anything!!!
I too am in construction: Newbuild supermarkets. Whilst what you say isn't wrong, LADs do not work in one direction. We occasionally fit out a store which has been built by another contractor, say in a mixed developement scheme...............and when they hand over to us late, whilst we make every effort to keep costs down, our primary duty is to protect our client and pass back any costs for accelerated works right back where they belong. Our programs are tried and teseted and we never miss a date. If a shopfitter is not given go ahead due to planning etc, of course there is pressure to complete a project at no additional cost to the client, but no sensible company would cover losses from their own account!
Lol, it's neither...........it's convergence. Good shares attract sensible people, and despite this languishing for months, and possibly for a few months more, I'm convinced it's a good long play. I'm in a few like this. Out of PSN now, but still in ROK and SDY
Lol, had these stagnating for months. Slight loss at the moment, but totally bearable.
They didn't really switch, the facilities management was already very well established. It's their roots in fact. They merely concentrated on it.
I don't I'mj afraid. For a start I do not give tips. It just leads to trouble. Secondly, I don't trade on 'big things' unless they jump out at me. What I DO do is make smaller trades of £1-3k and sell for as little as 3% net profit. I do a fair few of those each week on automatic buys and sells. The bulk of my money is in long term shares which are good recovery plays. In other words, looking for the quick buck just might wind up costing you a few.
I think the posts are there for all to read. If they choose to follow people it is their business, if they then choose to think the best of someone who has blatantly ramped up a share, also their business. They certainly can't say they were not warned. Hopefully though wig, a few more people will realise the kind of character you are. It just isn't necessary to outright lie to make money in life.
I outright accuse you of ramping the hell out of this matey, just as I did a few days ago. Ok, you may have mentioned that it was a punt on news after you sold................but who was it urging people to buy in here? It was you. The posts are there to be read.
Lol, it was predicted before then wozzer.
He isn't my friend and I knew the game..............I came out fine. I don't outright lie to do my trades though.
Buy rumour, sell news..............too true. Damn shame you didn't mention that before today though eh? Shows the character you are nicely though :)
Bloody awful. Got to hand it to the pumpers though.
Sorry, forgot to post the source http://www.thefreedictionary.com/carping
You do carp on a bit. Good name.
I hesitate to say pump and dump..........though there's probably been an element of that here, but the simple old adage buy on rumour etc ALWAYS holds, so it didn't take a lot of figuring out on my part, lol. I always play this way. Consider......... You sell say at 4p or so............if the news comes out and it's good, you can get back in and all it's cost you is a few percent of profit against NO risk. Do it the other way can cost you half your holding. I know which way I go!
Same here. On the subject of RNS, if already in breach, not a great sign, is it? You'd hope that if there were a problem getting figures out they'd at least post that info. Still, whatever happens, I simply don't think any RNS will be good enough to substantiate a 100% rise in a few days. It's been traded, that's all. People get £note eyes when they see this kind of rise and don't profit take when they should.
Don't count on it. There may be...........but if the news is not brilliant, or if the news doesn't come, it won't swing it will just plummet. As I said yesterday, the smart thing to have done with this is sell..........at least enough to cover your costs so you're de risked. Keeping everything in would be a massive gamble in my opinion.............the smart are probably out already
Don't get over enthusiastic. If news doesn't live up to expecations it will retrace. Also, the larger sells look quite careful to me
The sillier thing would be to NOT lock in profit. Top slicing means you've de risked and if it should retrace tomorrow, you're protected. Greediness is what makes people poor in trading, seen it a thousand times on here, people regretting not taking some profit during a retrace.
Stop losses, trailing stop losses......limit buys and sells, all very useful tools. Most of my buys/sells are limit orders. That said, as others have indicated, you need to watch where you set them in order to avoid it being triggered deliberately.