Member Info for Pokerchump

Well you must have deep pockets and not scared of the dreaded margin call. Good luck to you.

All quiet today, folks. Guess no-one fancies this at the moment until it makes the next move.

£15k for a 2.5% increase ? That’s some leverage right there. Not good if it goes the other way !

So how much did you make for your 2.5% increase, Mr H ? Not exactly a storming recovery today ?

Hmmm, Kellogs did say 9 out of 10 times the price will come back to fill the gap. Thought I’d missed the boat yesterday but things change quickly !! Hope Popeye got out as he bought at this price a couple of days ago and got a nice 4% gain straight away. Will it hold, decline more or bounce back is the question now. Wanted to get back in but need to see something change first. Looking forward to see Kellogs analysis of this retrace and next potential move.

Morning Chips, how are you ? GSK is looking a bit better ? I'm having a rough run at the moment with some shares and benefitting from some others. CNA and BT (now going in the right direction) are my problems unfortunately, but the recent rise of TSCO is encouraging. If Kellogs is in the North, I'd already buy him a pint. He's called this right all the way and moved my chartist knowledge up a notch or two. I really don't trade - generally monitor shares with big drops and look to benefit from a low buy in price, especially good divi payers in case they don't bounce. I got in and out well with CPI, SPI and MDC recently. Onwards and upwards !

I am/was a long term holder of CNA and seen its SP deteriate over the years. It was only the divi that kept me interested. I saw the recent SP collapse as an opportunity to average right down and was just going to sit on them, however, watching it dip again was a no-no, so I dumped the lot - possibly too late at just below 144p. I made £3k out of the recent rise, however, am still £2k down overall. I am looking for that buy in number again to hold long term but also to recoup my £2k loss quickly ! May have missed the 141p price but there will surely be another opportunity soon ? Keep those charts and analysis coming ;-)

LOL - I had my finger on the buy button at 140.8p but didn’t have Popeye’s bravery. Why do things always go the opposite way once you buy or sell stock ? ;-/

141.5p to 142p it is then !

So you’re looking at 141.5p - 142p range to buy back in ?

What’s your buy in number ?

You in here as well I see, TL. Looks like we’re both having a tough time at the moment. You’re not in BT as well are you ? I’m on a hat-trick of poorly judged shares !! I assume you’re not going to try and trade yourself out of the loss, but just sit tight and wait for the upturn in fortunes ? Onwards and upwards.

Has this board been closed down ? What happened to all the voices ?

No offence taken gents. This was one I thought wouldn’t get away. Woodford buying more at £3, sound fundamentals for the future, Mediclinic very interested (still can’t understand their rationale) and still seemingly undervalued. I’ve made about 5% as I did take some profit originally but I’ll see what transpires next. Still got a few unless my stop loss at gets hit.

Just bought a small tranche to average down. I agree too good to miss but I’ll put a stop loss on around £12.50. Not doing a SPI or BT again !!

Well folks, I couldn’t watch it go any further down, so I’ve just sold 60% of my holding for a 2.5% profit. I’ve got a 230p stop loss on the rest. I’ll wait for the bottom and buy back in when it turns. GLA, it’s been a terrible ride !!

I’m not a happy bunny. £3K profit gone down the pan and nearly back to where I started ! Another lesson learnt I suppose, but I’m out at 230p with my stop loss set.

Just bought another tranche. Stuck my toe in the water again to average down. Stroll on the next stage !!!!

Well MDC is taking a battering now. I really can’t understand their offer and subsequent refusal to come in with a second bid. All they have managed to do is unsettle the SP of both companies and manage to lose value in their SPI shares as well as their own. As someone said, a second 330p bid would have cost about £100M - they’ve probably lost that already in the MCAP of both companies since they declared no further interest !! Where do we go from here ?

Well folks, I’ve decided to hang fire. Had my finger on the buy button at £13 but didn’t pull the trigger. Although not a chartist, it is slowly moving towards RSI oversold, MACD crossing over and Williams looking better. Still unsure what to do but this is a bargain for any long term holders at this price, surely ??