just sh1t. "We are all in the gutter..." but some of us are looking at decent shares. Penny shares are a nonsense.
what do you see for BLND?
The EUR/GBP short was the best thing this week. I bought a few contracts around .9300 and it's down to almost .9150 now. €asy peasy.
When you figure the rights in and compare apples with apples, this price has not slipped far below £4. Still good fun with little risk for those who like to play on the swings.
I've been making £300 a day all week on these alone. Magic.
CGM and CCPL, by the way
Home page of LSE has Central China and China Gold as two of the day's top risers. Central China Gold is not, however.
What's hitting LCG and IGG? They have been (comparatively) reliant shares in recent times and I don't think that their business will even be reduced by recovery in the market, whenever that happens. Keen to hear others' ideas.
That is very sporting of you. My post makes me cringe slightly now and it was none of my business. You are a gentleman and undoubtedly a scholar.
Granitetim actually said 'retarded' (an adjective meaning delayed or underdeveloped). 'Retard' (the slang and derogatory noun, rather than the verb) was only invoked by you.
The market is an ass. Companies which don't take enough risk and buy things while credit is cheap and prices are high are overlooked. When credit becomes more expensive and prices of assets drop, companies that don't dump things fast enough have their share prices punished. In IGG you have a company that has increased its revenues since last year and remains very profitable but because of good risk managament (which means that they may miss profiting on a few shaky punters) the price goes down. How stupid is that when poor risk management is exactly why banks are on their knees? This is coming back in a big way. 250p just around the corner. [Look what happened to LSB and CTT when they dealt with shaky customers. 20% APR looks good on paper (even if morally questionable) but try making it work. Many people who will accept those terms will default.]
Thanks for highlighting. I just topped up.
The tills will be ringing at LSE when people pile back into the market. I am expecting a massive surge in private investors. People who have not looked at the market for a long time are taking an interest in perceived bargains. There will be direct investment, ISAs and spread-betting amongst others because saving is completely unattractive.
This is a good'n. I reckon I'll get 75% profit over a few days.
You had me a little rattled so I just sold half of what I bought at 400.5 for 422.
sell at 80. Sounds like good biz to me.
This is one of those kick yourself if you didn't deals.
is on the blink. Great timing.
put your money where your mouse is and buy these.
Just bought again at 270 after selling at 285. 15p rise was small potatoes but I still reckon that these will perform well. Good news tomorrow...