Member Info for jollyspeculator

wild swings = risky = why buy? ...you expect next swing to be up...but why??

at p/e close to 10? so £1++

Hi,,,hope all well...difficult to see merit of aal rel to better outfits like blt, rio imv ...but at 3xx or 4xx i might punt for sport

since 14-17p ...hold c20k shares on low average (would have been free carry but messed up my trading here) ...cheap as chips, but the management and market risks are high imv

London's FTSE 100 dived 2.31 percent to stand at 5,967.41 points approaching midday in the capital, with miners suffering sharp falls after the Asian Development Bank (ADB) slashed its growth forecasts for China. "If a downgrade from the ADB weren?t bad enough for global stock markets, knocking the mining sector sharply lower on prolonged global growth fears, the auto sector has hit full reverse as Volkswagen's woes continue," Michael Hewson, analyst at traders CMC Markets analyst, told AFP.

treasuries to prop up the yuan?

trend reversal may be close

most of my net wealth (?80%) is in property (which I am increasingly nervous about...cos it has done so well, and looks seriously bubbly esp in zone1 where foreigners must be worrying that £ is overvalued) ...of my non property wealth, I have a lovely index linked pension that will cut in in 10 years and then twice as much cash as equity ...if I were bullish almost all my cash could easily be sunk into equity (despite retiring 15 yrs ago, the stable pension and rental income takes me off risk on bare essentials) ...but I see ZIRP as delusional..the US is not Japan...most obviously in a certain light they are close to bankrupt (or at least req massive painful readjustment) and rely on the kindness of fickle foreigners ...and the level of smug bull on wall st is staggering

as expected without news...and the markets are at the edge of the proverbial precipice imv ...cash is about to be sweet indeed

free carry

insurance

lol...what nonsense to claim there is no chance of 25-30% drop in any share...let alone one struggling with high cash costs and debt like aal ...dyor all, and do not believe the bull without considering the business/sector in depth

for insurance

what a wombat

imv

no...jolly speculation is not remotely about being remorselessly bullish ...these companies (AIM/tiddlers) need/demand hyper skepticism imv...and then sometime / perhaps opportunities emerge for the patient

at least as likely

wrong conclusion/implication ...I see Jolly significant value up to 25p++ and have done or much longer than you lol...but not on today news...(on positive news about locking in good attractive sizable scalable funding of course) ...today's sp action was classic spike, and those who could not interpret it as such...well...what is the point of playing AIM if you cannot see a spike (cf MAC etc etc etc etc etc)

ish

to those who sold into the spike ...now we can buy back into any renewed strength ...