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After buying into 88e on 19-01-15 @ .944 over the years I ended up with c5m (some painfully grabbed as high as 2.8p in June 18).
Seeing my £44k being worth only £4K was sole destroying.
Being trapped and unable to trade when SVS went bust added to the heartache.
Never sold until earlier in March 21, and still buying up until this Monday.
Finally 8am today was time to take out the rest of my original £44k investment (ouch) and a nice £12k profit (Mrs has spent half already).
Now on a free ride with 1.98m shares... still enough for a nice pay day...
Here’s hoping all suffering LTH’s have been able to make their choices this month.
I can now enjoy this crazy ride into next week stress free(ish)..what will be will be...
GLA
LAST PRICE
0.068
TODAY'S CHANGE
+0.025 (58.13%)
VOLUME
835,658,423
BID/OFFER RANGE
$0.080 - $0.063
Why do a few on here feel they are entitled to critique decisions others take about when to buy or sell.
I assume we are all here for the same reason, to make money.
We all have differing amounts of spare cash to invest.
We all have varying expectations on what profit can be achieved.
Some load up on research, others take a punt on chat of others, each to their own.
We all have our own goal of how much we want to gain and differing dreams on how we’ll enjoy any profits we make. Some are just looking for a weekend away, other a yacht. No right or wrong.
Let’s just enjoy our own journey, buy and sell at your own levels.
None of us are in to this big enough to affect anyone else when we buy or sell.
Unlikely all our goals will align to the same price to sell..
Many people have been on this rollercoaster longer than my 6 yrs. we all know what can happen good or bad..
Chill a bit and enjoy your own journey...not long to wait 5-8 more sleeps...
Oh well better get my finger on the filter button again....
GLA
Brombarb, msg sent while I was still typing, weird.
I was jesting on your 1 sell 1 buy (I agree with that).
Meant to have said Bit big for a Bed & ISA.
These large late trades have been a change in what we’ve seen before . This new global interest and multi time zones is looking like the new norm for shares that get HOT like 88e is right now... just a shame LSE keeps losing later trades...
Big big for bed & ISA (wink)
Be nice if ASX can push up 10%+ from AIM close
On a more light hearted note...
With this day fast approaching, who will deliver us the best April Fools regarding 88e? 08:00-12:00 on 1st April could be a fun time....
Some clever people out there, will you spot them?
Stock exchange is quoting 2.78 high
Good luck Gards56.
I’ve shared your pain since 2015.... and understand why you’ve chosen your path this time around. Spend your profit wisely....and enjoy.....
I’ll bet £1 that we see crazy post trading buys again today.
I’ll also suggest some timings may be well before 16:30 but not posted until after.
Same as Friday.
Somebody is hoovering up for the OTC market again today.... no buys?
Opens midnight uk but 20 min delay
What will ASX open at?
What will LSE open at?
Gonna be an interesting few days...
So if you make a few £'s in the coming weeks, have a look at companies on AIM like PREM & XTR both companies that could play a part in future EV's and both with good potential on paper...
DYOR obviously...
Another option is to add your partner to your Fund & Share account, making it a joint account. This in effect doubles your CGT allowance (assuming they’ve not used up any of their own allowance this year). This may be enough for people investing smaller amounts?
This way you’re not going to be out of a share for 2 days waiting for settlement etc etc.
Not for everyone but may suit some.
DYOR to see what’s best for you....
Lots of people brought in a few weeks ago at .5p. If they invested £10k and sold at 1.7p on Friday, they are already due to be paying CGT... don’t even need oil to be paying HMRC. That’s assuming they’ve only traded once and not already got profit from earlier in the year...
HL are not offering Bed & ISA during COVID.
Opening online is simple but you do need to confirm bank details etc which is postal verification, so takes a few days before you can withdraw any cash.
If you sell your shares In Standard trading account, you have to wait the usual 2 days for the settlement date before you can move the cash to your ISA. If your accounts are in the same name, you can move cash online or via phone.
If you have a joint trading account, your ISA is a separate account in an individuals names. Moving cash between accounts is instant but only via phone.
IMHO
IF you’ve got spare cash, open the ISA, buy the shares inside the ISA, then sell those in standard trading account. This way you’re not out of any particular share for 2 days waiting for the settlement date (that could cost you dearly with how fast 88e has moved recently).
So much info out there. DOYR as all fees vary.
Remember settlement dates are so important at the end of/ start of the tax year.
If you sell on the last day of this year, your settlement date will be in the new tax year.....and even worse if it’s around a weekend... read read read but hurry up as this tax year is running out fast
Monday is the 88th day of the year.....really....
MM’s had big orders and have been hoovering up all day...
Well done Daniel, not many can match your first experience of trading.
You’ve listened to some good sensible people, that’s hard to do with all the trash talk on here. Not being greedy and taking a little profit and leaving a free ride too, the perfect first trade. Good luck in future trades...
Will today match other days this week.
Millions of shares hoovered up throughout the day and bumped on to USA?
Good Luck for Monday...(don’t forget to change ya clocks or you’ll miss the fun)