Member Info for Patient

The length of time it takes to get through to banks, electricity suppliers and the like nowadays (grrrrr), it's great to have an unlimited call allowance on my mobile with Vodafone. All for £20 a month contract including a reasonably-priced smartphone that can do all that I want it to do, including keeping up with the Vod share price and dealing if I want to. Great battery life too. Just think how much it would have cost a few years ago.

Also, how on earth did I manage without the bus arrival time app?

Hi CSDI. You spend far too much time taking in these posts! With your comment about me, you are 100% correct. Dealt twice today, and the range is now 133.5-136.5 buy-sell :)
Won't say any more in case I tempt fate.

Low enough for me to buy some back :)

Hi Dan, those pennies really do add up! Totally agree with you!

Hi Dan, yes I am nicely warm at the moment, thanks! But surely no more than you if you are waiting to reinvest ;)
Best of luck, mate.

Yes.

Glad to see the sp taking a respite from the dizzy heights of 137p ...

136.34 by close of play...

Beat, It doesn't make much money but so what? I have just sold again as it rose a bit. As you say, a profit is a profit, and, if you haven't got that much money, at least I am doing something about it!
I have a large project going on, but if/when I retire, this could be a nice little hobby :)

Just bought them back again. Must go, I have work to do!

Bought them back, then sold them again. Waiting for a purchase opportunity at 131.5p but not worried, I am within my core holding range at the mo. Probably wait for 133.5p before selling some of my core holding.

Bought them back, then sold them again already. My break-even price for Vod is now 101.4p. My repurchase price would need a drop to around 131.5p.

Sold two tranches today (my overweight position). In the money already for buying them back.

Let's hope today's trading update will provide a nice high spot for the start of the next ski slope :)

Hi fleccy, it seems that the short positions have increased a bit last year. Is that your take on it?
Capstone have held that short for a long time, how would it work for them actually?

Hi Daniel, yes still here. Was poised to sell at a tiny profit early today, but ummed and ahed just too long. Needs to be 127.75 for me to sell, preferably 128. If I had sold, could have bought back. I have got a few meetings tomorrow, so might be tricky to trade, but I will try to keep alert :)
Always grateful for Mikey's insider info, of course.

Trouble is, no-one has got in touch with Reddit about Vod

That's a very good point CSDI. I bought last March at 138.38, having bought and sold earlier at higher prices, then kept buying until it fell to 93.66 on 17th March (all my historic prices include SD & fees), and never looked back, until you asked today.

Right now, I am maxed out, for sure, but I have built up a healthy cumulative profit. My break-even price is 110.65, and if it went up to 134.86 I would equal the highest paper profit I ever managed, on 4th June when the sp was 141p. So you can see my efforts have borne some fruit. If the sp went down, I would have lost less than if I had done nothing at all. That is the basis of day trading, as long as you are "successful" at it (actually, I don't know what constitutes a successful rate of return), it does not matter where the underlying value heads towards, although it is nice if it rises.

For this to work, you need some basic stability, a tight buy-sell spread, and just enough volatility to overcome the stamp duty threshold.

Dan, nothing like a misleading headline to draw attention :)

Sounds like a good plan to me. Reddit traders have now turned their attention to another struggling company, cinema chain AMC. It's just a matter of time before they turn their attention to a struggling telco stock, but I wonder which one?