Member Info for MaryBr190

I understand your concerns and am not buying any more yet until it spikes lower as I have tied up finds here and about 6% under water.

Meanwhile watching CMC and riding up the rise with FSJ which may soar or tank on results next week. NIce 8k profit which I would hate to disappear on a warning or sell out before a bid.

Decisions descisions and such small trades 100 - 300 without dropping the ASK price.

Rebought back my end May 2nd Jun sales at 117/118. Gold price will rally into Xmas, despite the taper tantrum (overdue but may be deferred by 6 months due to slowing economy again.

GLA all.

Life is a gamble.

Remember thinking the same with AVON.

Still onboard with CMC for the 1st tranche ever/

GLA

Hardly worth quibbling over.
The clue is in the word average.
Called averaging in & averaging down and allows you to exit profitably (hopefully) at a lower price point than your first entry.

Been investing for 30 years + and I know what I mean.

I do not do spats so let's leave it at that.

[All straightforward enough. This is ‘averaging down’ at work and means you have successfully trimmed the average cost of your share purchase overall. It also means your stock has less to climb to show a profit]

Just the oil price fluctuations, more supply keeping the price soft. Great to trade off.

GLA

Thanks for the article, 7p wow. Still, heading back toward £1 it seems again.

GLA

madmax
Which share is that?

Never traded these but may take a punt. Any background the ones on this board care to share?

GLA

No problem. I average into a share and then continue to increase the quantity and reduce the average over time. Most in an IS of course.

The end game for me is a portfolio that has cost me much less that the current prices and step out when it has reached my targets as it will always come back down unless bid on.

johnjunoir

Bit puzzled too as to why you pop up to post an unfounded slight after a year off from posting?

Just curious.

What is so hard to believe, particularly as the stokc attacts no stamp duty?

Buy at 193 sell part at 209, rinse and repeat and the average tumbles.

Be way of illustration
BUY 10000@193 -£19,305.95 (19300+5.95 commission)
SELL 6000@209 +£12,534.05

Balance of 4000 @ £6,771.90 average £1.69.2975p

Repeat by buying back at 193 and so it goes.

Without a doubt.

That is why the price is rising banker2 lol.

Seems that with Ryanair and Jet2 buying planes and expanding routes that bodes well for TRN & SSPG and transport stocks for the increasing volume of those travelling to the airports and travel in general.

Simple really.

Buy a tranche, price rises, sell half, average price is lower for shares. Actual average is £1.6172, but let's not quibble.

FWIW I buy on heavy down days and reduce and sell out on spikes. $ weakness can pummel this on market positive days but usually a large dip reverses.

Bound to be pent up demand and always a bid target as a much higher price plus dividend coming up shortly. So buy before or buy on ex div day.

It is one I add to reduce on dips and tuck away. i aim for a sub £10 average here initially.

DYOR GL

Good to see this interest.

Total of both if it equals or is higher than the notifiable threshold
Baillie Gifford & Co
5.200000

Traded over 100 companies in the last year but have about 40 in my portfolio. I step out of ones from time to time with my target achieved and go back in if the price checks back.

Too many to name but check my posts and you will have a fair idea.

Cannot tar every company with the same brush In general, it is politics at play. All companies products have a shelf life and each aim to extend theur product life cycle. Depends where they are in the cycle and most hit bumps.

Some die, some thrive, most execs are economical with the truth. The share price is news driven with most companies not caring about fluctuations at long as they focus on the plan that pays their remuneration.

Not traded this one yet but on my radar now. Looking for a lower entry point and then will give it a whirl.

GLA

Interesting read thanks. Only have a small holding in these following the price drop and will hold until the mid 350s +.

My children (22 -25 y/o) surprisingly buy from Boohoo as do their friends. Debs is gone as is High Street fashio nad BOO fits the bill for now.

With Christmas around the corner and less competition this year this will feed through into the bottom line.

Expect a steady move into the seasonal period.

GLA