Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Sorry fun-investor but nobody works out share price average the way your are talking about.
As soon as you sell shares at a profit or loss that gain or loss is crystallised.
So any profit you made over the CTG allowance tax will be due in for this financial year.
The government don’t care Roy have taken that money and re-bought again the same day.
You have effectively re-set and all new profit is calculated from your new purchase at that new price.
Exactly.
You either increase the total amount of shares with the profit made or bank the profit.
But whatever price you paid for the shares when you re-buy is your new average price.
If you bought in two lots the price is calculated by taking total shares bought at each price.
Short answer, no
Or I very much doubt it would have an impact
FTSE is down, we are 4% after 8% yesterday.
Everybody should be happy.
But well done to anyone who made a few quid out the spike. ;-)
You can make a living from trading but can you can make a killing from investing.
It definitely was spikey today so a good chance it would drop but how many have said that and then had to re-buy higher. Union being the obvious example.
Buy, have a target price, hold and then sell. Change that target if something fundamentally changes.
I wasn’t expecting to be in the 90,s this week and we might not be at the end of the week.
Much better to take a few steps back from the graph and look it from the last six months.
If he sold today on the high and re-bought then his overall number of shares will have increased but his average price will be higher. It’s not rocket science.
The only way his average would be lower if it if bought in the middle today, sold higher and then bought lower.
Somebody should email NewHolland and remind them of their short position, perhaps some punk trader has pushed it to the back of his draw and just hopes nobody’s notices.
Laidback took more than a 50% hit when he sold out at 26 on the darkest day.
I actually feel a bit sorry for UnionP
I don’t want to spoil the excitement but I think you are expecting a little too much too soon. No point feeling disappointed.
Any finish this week in the late 80,s will be great.
I don’t expect to see £1 until the actual reopening RNS.
Will gladly take it though if it does happen sooner than that. ;-)
Great day, we don’t need to rush it, I will be happy if we finish the week at this level.
Today’s rise has nothing to do with Borris, it’s because the markets know UnionP sold at 80. ;-)
Don’t even respond to JWD.
I have seen him a lot on the NEX and IAG boards, he spends all his time deramping.
He is either a terrible investor who keeps missing out as stocks continue to rise or a really bad shorter.
He is absolutely clueless.
One of the guys who gets nowhere in life but it’s everyone else’s fault!
Ah good to hear.
Are any of you guys making any money on AMGO yet?
Union, so you think cine will drop by 14% next week.
If it does then I got to hand it to you.
However I would be very surprised if it does.
I think your trading strategy comes from a fear of being in the red.
However if you had just held from your first entry you would be sitting on a lot more profit than you have pinched by point trading, and would also have a nice cushion to ride any bumps.
Where has Nofear gone? I hope he is ok.
I wonder if there is a chance he sold out at 89?
If he has and changed his whole strategy then fair play,
Sell and Drop the mic.
It doesn’t matter if it does drop on Monday, it won’t change my ultimate goal, or even probably the time it takes to get there.
What if it gets to 90p on Monday, like it did last Monday, and then kicks on further from there with an RNS about opening.
I just wouldn’t want to be out of this, the risk decreases everyday. One day soon it’s going to take a big leg up and not come back down.
In fact it’s already done that several times over the last few months.
That is good omen, though usually when Union sells we go up about 10p and he has to buy back in and wait for the next small rise before he sells again
I am not sure he has ever sold and then bought back in at a lower price.
Your money your decision though.
48% profit at the moment for me, will consider selling when it gets to 180% but probably will hold out for 250%.
Strange time to sell, why not sell on Monday when it was 89p?