Member Info for Just_My_Opinions

I've bought some. It's had a big run and might even sell off shortly. But I need to spend less time looking at charts, get more productive stuff done. Holding for �6 in with a sensible amount so if it tanks, I'll just buy more.

Lived, not live... past tense

This will help stop customers leaving provided BT's products are more competitive. It'll also take a while to migrate the jobs and set up any call centres needed. I'm with Virgin media for TV, Phone and Broadband. I chose them purely due to them having the best broadband for where I live. But they have Indian call centres too. They stick to scripts and will not deviate from them at all. No matter how clear you explain that the problem you have does not fit in a script. Or that you have already spoken to 2nd line and there's no need to repeat the exact same trouble shooting that was done only 1 hour ago etc. They just don't understand what thinking outside of the box is. My father in law is with BT, he had a broadband issue... I called and got through to India. I had an identical experience to Virgin dealing with them. I know they are clever people, I live in India for 2 years through work... and the call centre I supported, ever person on the phone had a degree, many of which masters degrees. But common sense? It was a rare commodity among them. If the broadband and price was roughly the same between competitors and I knew one of the competitors had UK based call centres I would chose that over the other. Even if the one with UK call centres was more expensive. I'm with EE, and so is my wife. I never get any issues talking to them now. All in the UK. I like that in a small way I'm supporting UK jobs too. I hate outsourcing, even though I worked in India due to outsourcing in the past. I didn't agree with it.

Whenever people have lost a lot of money there is venom. Go pick a bunch of shares that have dive bombed like BT. And a bunch of shares that have rocketed, and what do you see on their respective boards? Venom and optimism. Plenty of Venom here, the venomous ones will remain till the share price finds it's floor and rises for a while. When it starts rising from it's eventual floor wherever that maybe they will be convinced it's going to tank again, they will take pot shots in anger, as they see the money they could have recuperated leave them whilst others profit. Where is BT going? Haven't a clue, I'm taking a punt... a gamble... not trading it using technical analysis other than basic support levels... a monkey could google what a support level means. I've allocated money I can afford to lose, and will average down if it keeps tanking. If the company goes completely t*ts up (which I highly doubt given it's profitable and generates a shed load of cash) then I'm not going to lose any sleep with the amount I've put in. I feel sorry for those who went in to heavily... but keep it civil, no one on here pushed the buy button for you... you did it yourself. You put your amount in, your trading password in, you got the quote and you pressed buy.

Gecko666: If this is the last place to come on looking for advice, why are you here then? To give advice, or take pot shots at people? If it looks like a troll, types like a troll, and sounds like a troll. It's probably a troll. Report time.

Gecko999 has clearly lost his shirt over exposing his pot to BT. Now he's coming on to have a crack at people who use technical analysis to make his/herself feel better for about 180 seconds. You've clearly convinced yourself that Technical analysis is tripe, despite pretty much every institutional trader and hedge fund manager using it. So there's no point in me wasting energy telling you about it, so you can come back with another equally sarky comment.

Good point

200ish is a previous strong support level so it could bounce. If it doesn't I'll hold it till the next support level and add basically. It's a punt, and long term hold. Not trading.

Shrewed, That's what max allocation and tranches are for. Work out what you can afford to lose, and split it into the number of tranches that you think is possible. I think 200 ish, 150's, 100 - 105p and possibly even 75p. I bought some today at 203p. If it keeps dropping I won't buy till 150's, if it keeps dropping after that, I won't buy again till 100 to 105p, if even that is not low enough, then 75p (maybe). After that I won't buy any of it. No one knows what the wider market is going to do, and that could drag BT even lower. Hence why risk management is key. Go in too big and all you do is give yourself stress, and probably get spooked and close on a loss.

Just going by past support levels, I don't actually think it's headed there. It's probably going to 155 to 159 if I was taking a guess. But could languish around here for a while then rise, hence opening the first tranche at 203 today. But as it's down trending heavily, anything can happen. I've got an initial tranche on 3 separate accounts. Would go in another 3 times with the same amount if need be at key levels. Quite happy to collect the divi whist we see where it's going.

HH, You in on this? If not what price you going in... I know you want some haha

Chops 13k jobs, market says so what, and keeps selling. I'd hazard a guess and say it's going to be 13,001 jobs soon.

I've allocated 4 tranches. Overall amount is small in relation to pot sizes. 203 (just took some), 150's, 100 - 105 and 75p if it gets really bad. Will hold this for long term and take whatever divi they're paying. It'll either recover over 2 - 5 years or they'll strip it of most of the waste and punt it for higher is my guess.

I don't pile in heavily on anything, unless the market has been absolutely hammered. All it takes is one unexpected RNS after market and your happiness is screwed for months.

"And also is Glen or any miner is the right candidate for shorting considering risk/reward?" It's had 30+ pip swings short recently. So yes. I'm about to close this one on a small loss, but it's buttons. I'm up elsewhere.

Yeah I thought 150's for BT is likely... but took some here just in case.

Good hope it does Anapa, smiles all round.

Qz, I've taken a small amount of BT. I've allocated 4 tranches. Took some at 203p, other 3 would be 150p, 100p and 75p or thereabouts... that's if the sh*t really hit the fan, haven't a clue if it would get there, so took some now just to have some skin in the game. Yield is 7.8% (a bit high) but even if they cut it, it's probably still reasonable. Not trading this,I'm going to hold it for the long term. I'm in with an amount that won't frustrate me if it tanks badly.

Nope gap up from 346.45p is too big to ignore. Glen is only one of my trades. I'm trading mainly FX at the moment. With occasional stocks and leveraged etf's in the ISA's and Sipps.

8/34 DEMA crossover on the hourly is still negative. Doesn't mean it won't go positive, but until it does I'll hold the short.