Member Info for JammyC

BBH - If you've made 20% you've made more than my holding. C. 5000 at the moment and wanting to build, although currently find the downward swings painful enough. I sold 750 @ 5.70 believing we were heading down. The next day we were immediately up and bought back @ 580. I should have held my nerve and belief. Thankfully I managed to recover those lost over the previous days with a buy at the bottom, a sell, followed by a buy at the bottom. Pure gambling but I won on those occasions. I think I should be getting tips from yourself rather than the other way round!

It's an area of like more knowledge too. I use stockcharts.com for free charting. Research tree looks like it may be worth subscribing to as will give the heads-up as to any research that may stimulate moves.

Have you managed to gain a reasonable % of your holding from day trades? I'm exactly even with mine. I personally think my weakness is believing to much in Burford and the rationality of the market. I need to play the channels more, but at the same time scared to miss out as so much potential positive drivers just around the corner. Thankfully I believe this has now turned and we will see upwards movement, so no pressure to sell any for a while. Unless maybe there's a huge spike ??

BBH, I see you posted before and agree with what you've written. Bur is very volatile and its possible you could get stuck in a trough. I was concerned a couple of days ago (despite seeing this as an investment) as thought the upwards trend had broken as we had broken past support, bottom trend line and the 50 day MA. Today I feel the uptrend is to be maintained and think we will go higher, maybe past 550 and towards 600 without news. With positive news much higher but should the news not be optimal then the SP will suffer and momentum could swing again. Pretty much as you stated.

In honesty? I don't use it as i'm a long term holder rather than an out an out trader. If you look for the ticks and the crosses you can see historically when they have read the signals correctly and incorrectly. Correctly appears the most frequent, however, its still a gamble.

Better to have a look a look at the links I and FFC posted earlier today and make sure you understand what the company is about and make sure you would be happy to hold long term - rather than buy on the BB signal and then sell on their advice.

I'm a long term holder and believe the company has a bright future, but I could be wrong. You need to do your own research.

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=BUR.L

Hopefully momentum will continue tomorrow

There's a new edition out today, may be a coincidence but my guess is its in here:

https://www.sharesmagazine.co.uk/magazine/2020-07-02-Shares

Are you able to post or summarise the article in the magazine?

Welcome. Burford are not able to disclose all their investments/involvement due to confidentiality. Best place to find out more is by reading research from Caro-Kann. Check out:

Post short attack rebuttal - http://caro-kann-capital.com/pdf/2019_09_09_Burford_Muddy_Waters_Dreams_of_Black_Cat_That_Just_Is_Not_There_by_Caro-Kann_Capital.pdf

Video on Burford as a compounding machine - https://moiglobal.com/artem-fokin-201901/

Looking a little closer - it's of multiple buys, but shows as 50k on chart of another board

50k buy just gone through. Let's hope it continues

or maybe 15:00 BST :)

Sebastian has just posted that Judge Preska has ordered Argentina and Petersen to appear in a conference call on 9th July @ 10 am ET (14:00 GMT according to my conversion). He advises no further information is available but surely it must be advise upon the future direction. I've double checked date - Apologies re. yesterday

There is no news. It was a misunderstanding. We'll have to wait until 7th July supposedly. Thought i'd possibly topped up just at the right moment for a while then too :(

More patience required

TB aka GTX - You wouldn't be attempting to de-ramp would you despite your strong buy label?

I took another 550. May regret impatience in next couple of days but in longer term are pretty sure it will be a good move. I presume Gladstone are still adding to their short but don't know what the current driver is. Problem is you never know when the spring will propel a £1 SP increase. Plenty of upcoming good news so hopefully not long to go

Made me smile when I saw the name of the Uni :)

From what I gather he didn't write the article despite him being credited. He advised that it had been compiled from 2 tweets he'd posted, I presume from his Research for Traders account with the aim of drumming up business for that. I don't care for Facebook or Twitter and the like but might sign up to Twitter just so I can get timely updates.

I'm not so sure about that. Research for Traders, for whom he works, is a pay service "dedicated exclusively to the analysis of capital markets with an emphasis on Latin America". Their website also details Sebastian as "He worked at Citibank NY, obtained an MBA from Thunderbird University and is a specialist in Argentine debt".

A very insightful and welcome addition to any Burford BB!

FFC - that's the one I posted. After posting I re-read article and it didn't sound as concrete as my initial understanding. On re-reading just now it may well have been the article i meant to post.

Can you imagine the FT publishing "eventual payment by YPF and Argentina"??!

Think we need to bare in mind though that the article was a hastily put together piece based upon the tweets of Sebastian Maril. That said, according to Wikipedia, Clarin is the largest newspaper in Argentina, so there should be some degree of diligence and editorial oversight.

Problem is i'm not educated in law, never mind US law or their case law. I too have read both twice and can see that both proposals have merit. As FFC points out the judge is already aware of Argentina's delay tactics and Burford's proposal brings this to the forefront and with a method to reduce future further delays - at least one hopes.