Member Info for Marcus_

Genuinely surprised at the v shaped recovery of the markets at the moment. Its almost like nothing happened in the last 3 months.

Clearly I bailed out too early, but can't fathom the markets optimistic view given the unemployment rates.

Well 22p is enough for me today, taking thr initial capital back out but will leave the profits, seems to be a tactic that suits me at the moment.

Cheers

Do you know when the trading update is due?

Well back in at a higher price than I wanted, lets see what the next few weeks bring

Was tempted to buy back in but the spread on hl is huge. More than 10%.

Could lose money with no change in the sp

Timing is key, I sold way to early and missed the big pump.
But it's now returning to the levels I sold at, so may give it another whirl.

Is it under valued? I'm certainly interested at these levels but not sure if the oil dump from Saudi is finished yet.

I have averaged down before but it was a desperation play. Toffs assertion is correct if you have capital do you really want to load up on more of the same share?

Eggs in one basket etc.

I have a strange draw to lloyds considering how poorly it has performed, but I think that is the gambler rather than the investor in me. If I keeping betting on the same thing it must come up tumps soon (surely???).

I have a limited amount of capital and whilst I can still see a long-term value in lloyds the strength of the market to recover so much in such a short time span just worries me.

Who will take the loans, the mortgages when people are out of work?

Given 4 years sure there is a case to be made, but could you do better waiting and what will hold stronger in the short term than banks?

I am leaning more and more to toffs view on this. I've held lloyds on and off for years and barring the odd freak move it has never really been a good buy.

I am tempted at 28/29p and will probably buy some at those levels.

However, I have become bearish on the market in general today. I've had a look across the broad markets and was a little shocked to see the dow is only 7% below its historic highs.

This worries me as whilst not a financial wizard that seems rediculous for a once in a life time event that had people predicting a great depression less than a month ago.

I'm not out of all stocks, but have moved back into 3/4's cash.

The last month has been great for cutting my losses, but time to reflect as the next quarter gdp figures may remind some that the world economy is not a never ending gravy train.

I will keep holding till 950 ish.

That will be the dividend in capital gains for me. Can't see it going up silly amounts like 1100.

If there is nothing else to buy then may hold a bit longer.

It's not too bad I left the profit in so I benefit from some of the continued rise.

I'll sit on the cash for a bit before making another trade. I figure with the market being so irrational when the next quarter gdp figures are announced there will be a few more shares that get oversold.

Overall I'm fairy happy as I sold early in the crisis so I missed most of the drop from 40p. This was one of my more volitile shares. Its not quite like when I sold glencore to then watch it tipple in price.

Now that hurt. Ha.

I think i read somewhere that over 50% of cancelled cruise customers with saga rebooked rather than cancelled.

Which is good, but a rebooked cruise is still a missed income so there will be an impact on profit margins. The question is how much.

I have no idea. I thought if it was a big buyer there would have to be an RNS. To announce their holding. It could have been lots of smaller buys that then caused algo trades and shorts to auto buy to save their position.

Pi's will be the last to know. But we'll done those who did not mess up like me. Sold way too early.

Well done all. Kicking myself for selling early in this rise. Gla.

Lol.

I'm with Marcus too... was looking for a better rate on my cash but there is so little out there banking wise.


I'm rubbish at calling top and bottom.

Well I called that wrong this morning. I thought 2 days of 7% was too good to miss.

Happily still got a stake but 20% in a day is huge.

Well this is a surprise.

I'd not expected to see 120 for sometime.
Only question is is it sustainable and therefore a hold or a chance to lower my buy in price when it falls back.

A very irrational market at the moment with this going so low a few weeks back.

Always hard to tell. It could be that some see this as oversold. Or it could be another false dawn and a chance to trade.

Anyone really in the know will never let that information out freely

Possibly, but I've sold the capital and left the profit. If it takes off I still have something in play. If it retraces to sub 16p I'll put the capital back in and not worry about the hit on the profits.