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@Rr101 IG wont allow you to open any more positions in Argo in through spread betting, I want to average down but I can't so I am stock at 174p.
@Bluebay I assume Rr101 wants to spread bet as with his cash he could buy 5x the stock, of course the loss would be greater if he gets margin calls :)
I just don’t understand how people complain about The way amigo is conducting their business. Customers should take accountability for their own actions. It’s just not about Amigo but the same thing applies to other subprime lenders, if the average Joe didn’t need the cash desperately or had a good enough credit score to apply for a more affordable rate then I am sure they would not turn to subprime market. Subprime lenders need to charge these rates in order to cover bad debts. I am sure their are people out there that would disagree with me but the bottom line is if you feel the rate is too high don’t apply for it. Don’t apply for the money, spend it and then cry over making the payments. What next? are we gonna start taking Casinos to court and demand them to pay back gamblers money?
Sorry if this is a dumb question but if this share is going to go places why is a major shareholder selling their shares? Do we know if they are selling their entire holding or just a percentage?
It’s so sad that majority of posts in these groups are just people *****ing like a bunch of school girls. Who cares if MOD bought at 9p and sold at 19p, does it really affect our bank balance? I am sure the share price is not decided on a bunch of people coming on to this board and advising whether to buy or sell. My personal advise is set yourself a target and be happy with what you make. Let’s all hope for a rise tomorrow and if not then let’s hope that in the long term the share rises and make those who are invested some return. Good luck to all Amigos :)
If you have the available margin surly it would be wise to top up and lower your average at the same time. Then when it goes up u can sell to breakeven and get out or hold out for profit. Paper loss is not really a loss until you hit the sell button.
Hi folks, been watching this float between 20 - 30p now since April, now that it has broken the 30p mark was thinking to jump in. Was wondering what people’s thought was on this? Have I missed the bus or is there still time?