Member Info for SadAct

Feels like a takeover by a thousand cuts. Very surprised that the share price hasn't closed in on the muted price of 250p, I would expect it to be around 235 at the moment. Yes, it's not an all cash affair but even so. Suggests to me that there is a slight feeling of doubt. I bought more as they passed 190 and am staying with it.

I hold RENE in two accounts an ordinary share trading account with ii and a stocks and shares ISA with IG. I have already had a "corporate action" notice from ii and am able to respond to it through the online platform as for previous such placings.

With IG I have had an email warning me of the upcoming corporate event. Usually they request that I respond via email with my instructions.

This was posted on advfn board at 16:14

A spokesperson for Omega Diagnostics has confirmed that the company has held initial discussions with Avacta following media reports that indicated Avacta was looking to Omega to help scale-up production of its rapid COVID-19 saliva-based test. Already working with UK rapid test consortium members BBI and Abingdon Health to manufacture the saliva-based rapid SARS-CoV-2 antigen test, a local paper noted that Avacta was working with Omega Diagnostics and subsequently amended to say that they are in talks. Sharebuyers reached out to Omega Diagnostics to clarify the promising news. Omega made no official statement on the matter but a spokesman for the Company said:

This was posted on advfn board at 16:14

A spokesperson for Omega Diagnostics has confirmed that the company has held initial discussions with Avacta following media reports that indicated Avacta was looking to Omega to help scale-up production of its rapid COVID-19 saliva-based test. Already working with UK rapid test consortium members BBI and Abingdon Health to manufacture the saliva-based rapid SARS-CoV-2 antigen test, a local paper noted that Avacta was working with Omega Diagnostics and subsequently amended to say that they are in talks. Sharebuyers reached out to Omega Diagnostics to clarify the promising news. Omega made no official statement on the matter but a spokesman for the Company said:

Lidl sell a couple of decent Rioja s starting at about £5.50, lovely

Hi O: Finally seeing a profit emerge on my AFX, about 3% but I seem to have been in them for a month or more. What is driving their rise or are more people realising their true value?

Probably irrelevant but I was once working for an oil drilling service company that made special downhole tools that did various clever things. One tool contained solid state gyros so that the exact 3D position profile of the well bore hole was known all the way down. Because the rock strata is uneven, they are never in a straight line even though they can be steered (turned horizontally under ground even)

I sold out earlier at a mere 1006 and thought I did well, watched them continue to rise and bought back in partly because of your comment sheltie (this way when it all goes wrong I have somebody to blame) LOL.

O: Yes I am floundering about not really knowing what to do for the best. It is past time the markets took the virus seriously, that period about a week ago when all was apparently fine was when the clever money started to move into cash and gold etc. I should have guessed but I have a massive inertia to selling at a loss and doubt I would have listened to advice.
Some of us have moved over to Red Braces Brigade on General Chat to keep this board for OCDO.
Here is a link, hope to see you there...
https://www.lse.co.uk/chat/general/general/red-braces-brigade-C79EB2F6-E325-409D-AA9C-A746AC9E40D7.html?page=3#22473529

Yes, sorry, I did mean it for G.
Has OCDO bottomed out yet? I really don't know, I sincerely hope so. T has a theory running about the SP fitting a triple bottom pattern. He is a much better judge than me on OCDO trends.

Hi V,
I think T should have said...
on the left it has the heading General Chat, click that, then choose "Chat" then choose "Red Braces Brigade"
or...use this link
https://www.lse.co.uk/chat/general/general/red-braces-brigade-C79EB2F6-E325-409D-AA9C-A746AC9E40D7.html

I have started the above named thread under "General Chat". Anyone is invited to contribute there.

Yesterday's FTSE fall was largest for 5+ years. OCDOs fall was in line with the FTSE but it's a small comfort.
FTSE expected to be up today by 50 points, a 0.7% "recovery" on yesterday. I'm hoping for more.

Yes, like it. I will start the thread.

Alright, but stuck now, what shall I call it? "OCDO and more", "February share club", "Systematic Trading" ? Any suggestions?

Well I guess using a general chat topic is the more appropriate option and being more "public" would hopefully encourage other users to join in. However, I am happy with either that, or the dormant company board route.

Well I only managed one churn on OCDO this week, so have only increased my holding marginally. Low volume and small range are to blame.
Treacle, I only came to this board because of the polite response and general (gentle) support it offered. It seems I am instrumental in making it unacceptable to others. Accordingly, I will only post OCDO specific posts here in future. If youwant to continue general share chat, may I suggest that I open a thread via "General Share Chat", on LSE?
Hope you had a profitable dealing week.

Sorry, it was a joke, instead of saying "tin hats on"

Yes, I'm ready, have been filling sandbags all night long.
Really looking forward to an easy weekend.

Thanks for pep talk. It's funny but in the 5 weeks now since starting your system I have hardly really traded OCDO, maybe 4 churns, whereas your tally is probably 4 times that. I guess it is a matter of getting tuned into the movements of the particular share. I did have an incredible run on trading the spikes and shakes on FEVR though, that first week. That was what first started to convince me to continue. Also, SAGA trading although not so good this last week, amazed me for the gain over the first four weeks. I keep having to check the figures! I was just lucky catching the spikes in a downward trend so I know it's possible.
As you have said many times, low volume and a small range are our enemies.

Yes, exceeded my target for the week by Tuesday and added to it since then. Things can change quickly though, as I am sure you know, especially when trading a share like NMC. Accordingly, I have decided to not increase my "stake" there.

Incidentally, I have been using the William %R momentum indicator today. It seems to give me a level of confidence in the peaks and troughs but I need more time watching it. Can't say it worked with OCDO!!! but am putting that down to lack of volume.

Your "a bit early" MCRO sale was, in my view, perfect situation to be selling in tranches. Can't remember what price you got, but it enables you to sell more at a better price. (Downside {and upside} being that it averages your price obtained.
I was hoping to do exactly this with my second LLOY tranche this morning but I managed to hit nearly the best price of the day at 57.91 on selling the first tranche. You can't have it both ways.

Good luck for the morrow.

Yes, even I would be pleased to be selling at £42. Thing is you are talking long term, I assume 2, 3 or 4 years.
I will still be around I hope, health permitting, to see those kinds of figures but I have to admit to being a grubby little day trader and want reasonable profit in a faster than reasonable timescale. I think the technical term is greed. Sorry.

I have done quite well today with the exception of my OCDO trading and also a knock on effect of messing up on MCRO yesterday. I expected to only make one trade today, instead I made 7 but they all seemed the right thing at the time. Regrets? I should have sold my 2nd tranche of LLOY on the obvious spike. Also, I should have waited to sell SAGA, I even ignored my own notes and reduced the Limit SELL value. Might regret my decision to stay in NMC overnight. Might.

Mistakes or learning experiences? Every day it seems.