Member Info for noggers

Unlugged01

Yes it is a gamble to do this, you are hoping the share price will decrease so you can buy them back at a lower price, but the way the shares have been going this last 6 Months up down up down it is easy to do, you could get caught out if suddenely the share price scoots up but that is the risk, i have done this loads of times with BOO, i have 50,000 shares in BOO and when they go up a penny i might sell and wait till they drop a penny every time i make 500 pounds, no tax to pay on them as well, not everyones cup of tea but at the moment only way to make a bit of money.

JOHN007

You have got it spot on with that comment, I sold all my shares last week and the beginning of this week, bought them all back at a lower price.

1863 has 8000 shares if he had sold those 8000 shares say at 210 last week and then bought the 8000 back when they dropped to say 190 then he will have around 1600 pounds extra minus costs in his account, and still have the same shares, or he could have bought more shares with the extra 1600.

Yes 01

Maybe I have jumped in too soon buying them all back at an average 193, but the trouble is you just can't time everything right, nearly all shares that I watch and own seem to be going down nearly every day with the odd occasion going up.

Sold all my shares in this last week, bought all of them back yesterday and today, and pocketed a couple of grand in the process, seems to be the only way to make a bit of profit at the moment.

I didn't think you would, sachs has put a buy rating on it but downgraded the price to 300 I think.

1863

Did you sell up then this morning.

1863

Why wait till Monday, are you hoping it will be a up day on Monday.

I'll bet that drop took masses of stop losses out at 200.

The director who bought 87,000 shares at 320 is now down around 100,000 pounds.

It's about time the board issued some sort of statement here, something must be happening in the background for this to be declining so rapidly, the market seems to know something we don't.

Something drastically wrong here now down 8 percent.

The share price always starts the day not too bad, then for some unknown reason around this time it seems to drop off a cliff.

Starting again, going to be down another 5% plus, when is this share going to change.

I also bought 30,000 RR shares when they were 70p sold when they were 80p for a quick profit, look at them now, I have done it with loads of share in the past, but just lately I have seem to be getting it wrong, lost a packet on MCG don't think those will get back to a decent price, then their is BOO that is the same, also ASC another one just to name a few, and somehow I think this will be the same, I don't think it will get back up into the dizzy heights again, just my opinion.

1863

It makes me wonder why we all keep watching this share go down every single day, really we should be selling up and then buy the same shares back at a lot lower price.

We all seem to be in the same boat here knowing that most probably this will carry on going down, but are afraid to sell just in case tomorrow will bring some good news and the share price starts to turn north.

Are you still holding unplugged01

What you have said is spot on, I am seriously thinking of bailing out of this (another big loss if I do) but it is going down 4-5 percent every day now, personally this JV might not happen, their must be something happening in the background that we don't know about.

MrProfit

Don't know how long you have been in this share, but you say you are prepared to wait 2 to 4 years, what are you expecting in 2 years time 500 a share if so, it was 500 a share in February this year, so in my mind you have missed the boat if you have been in so long.

1863

You should have bailed at 240 when you were saying you were going to bail out at 200, because by the looks of this come Monday and this could be 200.

EyeQ

I have heard that on a lot of boards when shares constantly start to go down, ie BOO, MCG, TLW, ITM, the list goes on, what happens all too often the share price goes that far down it will never recover to the highs that it once were.

The thing is when do you decide to sell, all to often sometimes it is to late.

You have it spot on with that 1863

The thing is when is it going to start to go up, because this is getting silly now.