Member Info for Nick-Bris

V - thanks for the MARS info, and the précis on GGP. I think some elements of it I took from bb when I first invested in GGP earlier this year. I was expecting more from the latest PFS, but that was because of my failure to understand the scope.

Regarding HL - it doesn’t offer a trailing stop loss facility.
eToro “doesn’t charge” stamp duty or transaction fees. The downside to all that is eToros buy/sell/spreads and rates are worse than HLs and they only trade certain shares. They don’t touch shares like GGP or EUA. Oddly they deal in ASC, but not BOO.

Have a good day everyone.

V. Thanks. Yes I took a risk with the stop loss as I couldn’t get a sell manually.
On my day trades, where I’ve gone into profit and planning on going out for a few hours, I’ve used the trailing stop loss offered by eToro to set a SL above the price I’ve paid to good effect. The SL moves up (but never retreats) as the SP increases.
As regards GGP and EUA - I need to gain a better understanding of the exploration and mining process. I haven’t bought back into GGP yet as it was still very slowly drifting down all afternoon. I will wait until it stabilises. At the mo, I can buy the same amount of shares for about £500 less than I sold for. I’ll read through the bb in the meantime.

V - when does MARS report/update? I’m not sure I can cope with JDW going down 1-2% each day in the interim! I did notice that in Sept there was a MARS PDMR on HL (had to look it up) with market rate 80p buys suggests confidence even though the SP is now 73p? Am I reading that right?

O - yes always bargains, but I’m resisting the temptation to expand the number of different shares I hold. I had 20 plus 6 months, now have 7 and 5 funds. So, I’ve spare cash at the mo which I’m using only to day trade with.
Have a good evening

Morning all. Sunny again, but not share wise.
Not a great start. I know I said I was going to hold GGP until next year, but didn’t like RNSs this morning. So, I sold all my holdings via a 21p stop loss with HL(I bought for an average of 18p)
However, it was only able to kick in at 19p. The sp went down to 16.5 but has since recovered. It’s touch and go as to whether this was the right move. Will look to buy back in this afternoon depending on any US sentiment (if there are any investors there)

Although pf down again (mainly due to EUA, JDW, GGP) yesterday and today, I had another good day trading adding further buys and sales of LLOY and NatWest in the afternoon - almost covering my pf losses that day.

Forgot to say that last week I sold my Pfizer for a small loss and bought back into Microsoft for medium to long hold. Too many companies coming up with antiviral pills and Pfizer aren’t at the front.

Bought and sold BP this morning for a small $120 profit.

GLA - I think we will need it.

Morning all. Chilly and sunny start to the day.
Hope you’ve had a good weekend. Market in doldrums.
Tried to buy some BP this morning, but my order price wasn’t sufficient.
Bought and sold LLOY for a $180 profit.
I’m not in it, but ASC down 15% on CEO departure
GLA

V - brilliant result on tv, and your crystallisation of some GGP profits. Your story reminds me of getting all my money back on a tv with a 5 year guarantee from John Lewis without asking when the tv conked out in year 5.
No trades, but pf dousing well because of EUA and GGP today.
Have a good afternoon.

Morning all.
GGP up another 15%. EUA down again two eats on the trot. Maybe people swapping out to buy GGP?
O - Things seem fairly subdued, I guess as you say awaiting US lead.
Don’t seem to be any opportunities that take my fancy, so won’t force it. I’m out with ex work colleagues this afternoon for a bite to eat and drinks, so a quiet day trading beckons.
GLA

Forgot to say. Hope everyone had a good day.

V - I was just going to post that I hope you held out as GGP was up 26% in the end. I only saw that delight having done a couple of hours gardening. My Sareum was up 12% today too.
I left another two new trades with a sell price which was reached in my absence for LLOY and JDS. My best day trading in 6 months

V - yes great news on GGP. My average is 18p. I just checked On HL I could sell for 17.363 I won’t obviously, as I’m hoping this time next year it will double.
Hope you get the price you want :)

Morning all. Overcast today. Good start to the day with the market up.
Closed off my LGEN and JD Sports first thing for good profits. Also did well on a buy on the bottom of LLOY and sell.
GLA

What an even more terrible day market wise. As I’ve said before, when that happens I try not to take it personally.
O - I’m fortunate that I live within a 5-20 minute drive of ALL the different supermarkets. That said, we tend to use Tesco.
I know someone who is an USDAW union rep and they say staff in all supermarkets get treated badly. I remember, when I had a Saturday job stacking shelves with Caters Supermarket in the late 70s - (they were part of Debenhams at that time!) I think I used to get £6.50 for the day, and their full time staff said that was more than they were getting for working Saturdays. The lot of the supermarket worker hasn’t changed.

Morning all. Sunny and breezy here. Pf heavily down.
As I suspected, Tesco went up 4% and missed out as usual.
I’ve bought some LGEN and JD Sports on their drop this morning.
GLA

Afternoon all. One of those days. 1. LLOY went up by 4% a rarity I could have made more but cashed out early. 2. Microsoft up 2% after I sold last night.
I decided not to buy Tesco, so it’s bound to go up tomorrow
Have a good evening.

Thanks O. No more trades so far today, as there’s been no pull backs.

Morning all. Cool bright and breezy today. Pf down again!
Thanks T.
Hope you guys weren’t affected by all the wind and rain last night.
Changed my mind last night and sold my Microsoft last thing. I might buy back in once it bottoms out. Closed off my overnight LLOY for a 2.5% profit early this morning before going out for some exercise.
Thoughts on Tesco anyone?
GLA

V - Thanks. LLOY does tend to go up and down each day, but it is rare for it to move by 1-2% either way. That said, I’m currently sitting on a minuscule loss and holding on overnight on a trade that didn’t pan out mid afternoon.
Another absolutely dreadful day pf wise. Can’t even blame my own share selections as the funds were hammered even more so. States wise - My Pfizer is well down, but holding in the hope that their trial antiviral covid pill (like Merks) is given emergency use approval at some point. If it goes up 10% like Merk, I’ll cash out for a small profit.
Really hope everyone has fared much better.
Here comes the heavy rain.

Afternoon all. After another LLOY buy on the drop this morning and a sale just now and 15 large buys and 15 large sales over the past month, I’ve finally recovered the 10% loss on my long term hold of LLOY (that I was holding and sold).
Think I will stick to just trading them from now on. (Even though my gut feeling is at least 60p this time next year. - pf tells me otherwise!)

Afternoon all. Bright and breezy here.
Dreadful pf performance last week and again today. Did two trades on Friday with LLOY and LGEN for a measly £20. Had to cash out as I didn’t want to hold over weekend.

T - yes, I have been following Mark. Lots of good one liner trading advice, which if I had read 6 months ago would at the very least stopped me from losing money over that period.
As Warren Buffett said “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1”

O - thanks for the info and commentary. Maybe you can take over from Peston? :)

V some nice trading there.

I’m hoping for the yanks to come to our rescue market wise in an hours time.
GLA.

Morning all. Cool bright and breezy here.
My turn today. Wetherspoons following preliminaries - Ouch down over 5%. I’m holding until next year as I was surprised how busy I found the pubs were in Bristol mid week. Noting that it was the first week students were back.
Countering that EUA up 5% on basically a rehash of update news from last 6 months
O - in terms of sitting on money doing nothing rather than investing while seeing its value eroding by 4% inflation is a predicament.
My small amount of HALP fixed rate share pays the equivalent of 4.99%, but the buy/sale spread is about 2%. That said it’s done better than many of my shares since April.
Bought LGEN on the drop first thing this morning
GLA

Afternoon all. Wet and windy weather. Pf started the day well in the blue but now in the red. I really can’t see any opportunities with all the uncertainty and trying to resist buying for the sake of it.

O - I understand the pain of having to dump a particular holding. As you know I lost loads buying AVON on their drop a few weeks ago. I should have sold almost immediately when it became apparent there was not going to be any form of instant rebound. Instead I held on and they continued to drop. I eventually sold for an even bigger loss.

I don’t hold them, but hope you guys aren’t holding any ASC or BOO which tanked today. Consequently, dreading Wetherspoons update tomorrow. Heaven knows what the market reaction will be whether they are good or bad!

GLA