Member Info for Jerryspaniel

Shgr, my advice would be don’t get an outside pool, assuming you live in uk. Complete waste of a lot of money. Get the best hot tub you can afford. One is used about ten times a year, the other about ten times a month!
Walk in wardrobes a must, as is his and her bathroom...
Bet you didn’t expect that advice!!!

Hi niccolo. No it doesn’t need an ejection as there doesn’t appear to be an upper limit on numbers of names. 25 is the min though. There are a few names that are just way too big to be called juniors that are in the index. But to eject these might cause more problems for the funds as the funds are now almost too big to operate without a few big companies to take the strain.

TmT. Yes any options in ggp will be v expensive. Partly cos if the hi vol and partly cos of relative illiquidity.
Yorkie, I don’t disagree. I wouldn’t touch the levered products. I know how expensive they are, plus some credit risk. It’s also daft to have these products in such esoteric funds.

TmT yes it will be quite small so it’s more of an academic discussion. I think they would need to buy call options funded by selling put options. So if a inv house were to offer that structure they would have to buy a load of shares to hedge themselves. How many would depend on the deltas of the various options.

Hydro. That’s great that he didn’t say it, and therefore he won’t be saying it to anyone else. I am no longer interested in the subject!

Hydro, is this guy registered with the fca? If he is there is no way he would be allowed to use the word guaranteed. If he isn’t then investors should wonder why.
I am afraid this is serious. You have sort of made a recommendation to someone you don’t know about someone who may or not be saying things he shouldn’t be saying. Other innocent and possibly ignorant people may invest based on what you have said. You should clarify what you mean and preferably take the post down.
I more trying to protect the innocent than having a go at you, as you may not realise what you said. So please take it as friendly advice.

Not that I was ever going to give him any money, but he really really shouldn’t say that.

The reason they want to change the Solgold board is so that they can change the terms of their deal with Solgold on funding the 15%. If for only that reason, their proposal should be rejected.

Hydro, I would like to know how he can say he guarantees 6%. Usually it’s the snake oil salesmen who do that......

Morning zoros. I am trading my way out of that dreadful company, but it’s slow.
I am hoping to become a big fan of Aston Villa.
A DB11 and a nice place on Majorca.....

Someone on here wont allow me to look at brochures. Last time I did, the price went to 2.7p.
Stuart I have nearly half in ISAs now. Its clogged up with that useless Solgold outfit.

My villa in Majorca is very expensive............
GGP, although on AIM isnt exempt from CGT..............

TmT, you may be right re the leveraged etfs, but if they think they can buy derivatives in GGP, it will have to be an OTC with someone fairly big, and the only way they could hedge that derivative would be to buy GGP shares, so the answer comes back to the same issue.
Looking at the broader issue of a tracker fund buying early or late, this would hugely affect their tracking error (measured as R Sq) and as that is something that they try to have close to zero as possible, I just dont see why they would take the risk. Unless they have a trading arm who would take that risk for them, and then they might run into front running laws.

So KB are you saying that no company is big enough to buy Solgold and go it alone, but Solgold will be going it alone to build Alpala into a producing mine?
I hope that you arent saying that, so perhaps you could explain what you are saying. No caps please!!

Morning TmT. I have had another look and pretty sure that I am right.

I thought you might have been. At least you can sleep tonight. If you can’t, just listen to one if Nicks presentations........

TmT. I thought the index announced next week but the changes aren’t effective till the following week.

TmT if they track the index they should all buy at the same time as it’s when the index changes that governs the purchases.

Just to put this to bed once and for all, it was obviously a buy. The days high was 16.60 and so there is no way with a bid ask of usually at least 0.20p anyone could have sold that much within 14 ticks of the days high.
It would be nice if they aren’t finished and it would be lovely if it had nothing to do with GDXJ.
My take on this rally is that over past three months we have had to absorb a huge amount of selling. From SB to management to instos to warrants. W/o this weight of selling sitting on the offer and with loads of news coming we are getting to where we should have been in June/July. AIMHO...

Just to put your minds at rest I sold the 200k at 26.5. I had bought it last week/Tuesday. I am going to trade this and see if I can get my average price down as there isn’t anything else going on. I might get caught out but that would be unlucky as nothing has happened for months. It’s only a small part of my holding.