The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
You're not doing yourself any favours by turning aggressive. Your strength lies in your investment acumen. It's not often on these boards that we hear from people such as yourself. Could you let us know what other promising stocks you hold or are thinking of buying. I shall certainly check them out. Many thanks.
My comment was not directed at you. Only someone with the vast wealth of experience you undoubtebly have would be able to see the value that Fastjet offers at these prices. I was merely trying to clear up this but/sell confusión. Also, people who don't possess the investment insight and knowledge that you do should think carefully about picking up any of these shares.
The thing to watch is the price at which transactions are occurring and the volume of transactions. As Pockerchips said all trades are a buy and a sell at the same time. If a share opens at 10p and during the day the majority decide it's too high, then it will drop. If the majority think it's cheap, it will rise. I see 12% has been shaved off this one today, so people think it opened too expensive.
I don't know why I bother to say this again, but I will. The buy / sell figures mean absolutely nothing. Everyone is buying and selling. If I put my house on the market for 300,000 and no one buys it for six months, I might think it's too high. So I lower it. The same situation, but I notice that an identical house down the street just sold for 320,00, I might raise it. The stock market,like the property market thrive on volume. That's how they make their money. The only indicators should be volume and average price exchanged.
Well done, lads
Its also a sell. You can't buy anything from someone who isn't selling it. Most sites don't report buys and sells.
I would wait a while. I'm no longer in the market but until news turns from very depressing to mildly depressing I wouldn't buy anything, regardless of how cheap it seems. Any company in these times that can keep paying a dividend are the ones to to focus on, if you feel like buying. In the near future. come next year, that's when we can think again. There could be some massively undervalued pearls to buy into.
How do feel now. A bit better I would think. Up we go and down we go.
I just don't see what business they have left apart from betting on tiddlywinks or shuvhapeny at six feet apart. They have the name, true, but it's a good idea to hold off in these times. Afterall, you might need the money to light a fire to cook on quite soon.
I ad the billies at three quid. Yu cud av blown me away wiv a fefer when I clocked the Price today. Cor blimey. WTF. i mean every geezer loves a flutter don’t they and av yu ever seen a por bookie?
I reckon these look tasty now I might bung a few bob at them.
Serious investor
I don't know. Maybe they are buys from people thinking twenty pence is about as much as they are prepared to go on this share. After all, twenty pence buys you a lot more shares today than it did the past.
Missed The Mark By a Mile Man is back with comments. He claims to be still substantially invested in the company and is annoyed that someone suggested he’d never bought any Fastjet shares. He may well have bought in a few years ago. I’d imagine that investment has shrunk to about 20 quid by now, so substantial as it might have been, today it is not. That’s unless he’s referring to losses. Also he complains that he has been accused of having nothing to say. That criticism is unfair. He has a lot to say. Indeed some of his posts could have been published as a two page article in a broadsheet; but nothing he says means anything.
In his defence, I would like to point out that nothing I have written makes sense either. In fact, nothing anyone writes on these boards is worth paying serious attention to.
It may be debt free but as a shareholder, you no longer own any part of it. Yes, they have been around for years but burnt through enormous amounts of money, most of which has ended up in ex director’s bank accounts. As someone said years ago ‘ It’s very difficult to make money in small African airlines. That is unless you are a director of one.’
The abuse, the name calling, the half page posts regarding the company’s health trying to give the impression of detailed analysis to back up their mate’s posts that say this is going to hit the roof. How much do they pay these people? I couldn’t do the job. Everyday you take calls or e mails from your bosses saying, ‘I’ve got a big pile of poo that I want you to dispose of.’
On the risk scale of 1 to 10, Fastjet has always been about 700. Many said it was amazing value at a pound. At half a pence it might be worth a flutter. I don’t think so, but anyone who does should first read the in flight magazine. This publication, in days gone by, was considered by several people commenting on here to be the source of all knowledge as to the direction of the company. Many people have parachuted out of this with money. I think it’s flying at below safe parachute levels now, but if you’re a base jumper, have a go.
They might have put their foot in it somewhat
I think these guys are worth holding onto for a while.
Does anyone know of a broker who accepts clients who reside in Europe? I have been told by my broker, the Share Centre, that as I live in Spain they will have to close my account if the UK leaves without a deal on 31 October. Cheers
The buy and sell figures mean absolutely nothing. I don't know why the LSE site still reports what they think they are. Volume and Price change during the day are slightly better indicators if you're an in and out sort of gambler.
I don't think he had anything useful to say. I also think he didn't have any money in the company.