Member Info for SadAct

sold MCRO at 392.5

Yes but I sold and bought LLOY twice since then.
You were right with MCRO, I bought too early at 388 and now feel a bit out of touch with them.
I want to get outside and continue working on my shed project so have set lots of alerts and will be relying on my phone to alert me while I'm up a ladder.
I could change my name to Gordon by deed poll in only a matter of days.

Thanks T. Actually, you know me too well but Ibought LLOY at 32.65 on the dip at 9 am. I didn't want to admit to you that I am adding a shareholding...Ha. (what's that? "Drop and give me 20"?)

Starting to feel stupid that I sold half my NCYT earlier but a profit is a profit I suppose.

Graph said buy but not strongly, The 10p drop from 398 to 388 convinced me as I had been trading on smaller ranges all day friday.
Took a 7% profit on NCYT but only sold half my holding there.
I can be patient with CCL, heck, I've got to be.

Morning Brigade.
Sold MCRO at 398.5 then bought back at 388.8 for 1.9% more shares.
Slightly worried about CCL, the USA seem to be going to have a bad time of virus, so I think CCL will of course recover but slower than I previously estimated.

Thanks LEFKOSIA, I certainly needed reminding of the risks of AIM.

Hi, O: Thanks for the info on KAPE. Read that article it makes interesting reading.
I used to be anti investing in AIM stocks. But after a really good run on WJG and RENE (both of which I still hold shares in but are rather subdued at the moment), I changed my mind. Lately I hold NCYT (Coronavirus test maker) which I have been trading a little but am holding a few (about one quarter of my "normal" investment in a company) as it is expected to rise greatly soon. It is a little worrying that the number of tests they are selling doesn't support the current MCAP. The market can be fickle though and I think bandwagon investors coming aboard to inflate the price further. A part of me is opposed to possibly profiting from this virus situation so I am not feeling good about it. They have some european approvals for use of their test and are awaiting results of the UK trials of their test. They are selling the test around the world and last week announced their sales sucess with 3 RNSs which of course always bumps the price. The NCYT chat board is incredibly busy chewing over the same infomation all the time with hundreds of posts a day. Don't tell Treacle that I am in there for the excitement, I will be court martialled. I only have a small holding in them.
RENE, another pharma have an apparently sucessfull treatment for types of blindness, early testing has been very promising. They have precious few shares in private investors hands. Woodford was found to be holding about 10% of them so that had a negative effect when that was discovered. I believe he disposed of them subsequently. I have held the shares for years and I have "top sliced" them a couple of times but my holding is at a loss at the moment of course.
WJG, I love this family business although I think the patriarch sold a proportion of his shares last year. They build principly student accomodation. I think I have mentioned them before, they only start actually building when all the units in a block are pre-sold, I guess to a university/college. I admire the business model, I have made a lot from them over the last 2 or 3 years. I think they were my biggest profit earner 2 years ago. Non stampy, they even pay a dividend now. They don't zoom around but seem to stay in a range, I buy at the base of that range and I might have them for 2 weeks or more till they perk up. Steady and slow. Bought some more at the downturn 2 or 3 weeks ago but bought too early but am happy to wait. I do a lot of waiting.
Certainly dealing in AIM shares is a different experience especially when you try to trade a "comparatively large" proportion of their shares, although only a modest value really. I can remember having to split my holding in three to get a good price quote.
I'm not especially looking to open a new shareholding at the moment (Capt: take note!) but like to watch some companies for possible future investment. I keep meaning to look into companies involved with Blockchain.
Shed work progressing.

As ever Treacle, thank you for your analysis. Please continue to share your thoughts with us.
I can't disagree with much of what you have said. The only thing I would add is that Bill Ackerman has an obvious self vested interest in telling everyone which companies he is going long into...it works as a self fulfilling prophecy. Warren Buffet did it a lot. Still I happen to agree with Bill Ackerman at the moment.

Trick or treat, daddy or chips, Gino or Gordon.....
Yes, I'll admit it I'm Gino but I want to be Gordon. Please don't stop reminding me.

Got another bottle of Rioja open and breathing near (but not too close) to our woodstove. Ahhhhh.

Have a good weekend.

O: Thanks for the virtual offer of help with my shed, first thing I am doing is climing on top of the old one to cut back some holly that has got out of hand, looks like I might even get to play with my chainsaw again!!
You have mentioned KAPE a few times. Why are you keen on them? Is it underlying value or curent volatility?

T: I think I am a more reckless investor than you but have learned some salutary lessons and am now at an age where I want to take fewer and fewer risks (ideally none, ha). I will probably take some more smaller, risks in future and continue to learn. It is kind of tempting to just shut up shop, forgetting about shares and wait for the inevitable recovery but that would be to miss out on current volatility. And that is kind of fun.

I know this is a systemic problem with the way I trade in many stocksbut I am aleady at or beyond the number of stocks I can "spike and shake" at the same time. (is it 17 or 23 the number of times I have been reprimanded for this?) So I don't relish the thought of adding CCL to the list, although, I suppose, needs must.
I am very wary of doubling down, buying more stock as it reduces. Doing that with CLLN nearly wiped me out and TLW had an attempt at the same. I got away with it with OCDO on friday, buying extra at 1201? and selling at 1226. I was so nervous that I sold at 1226 to get out and be sure of a profit instead of waiting for the top of the spike at 1238ish.
Lovely weather here so I am emptying an old shed that I built 35 years ago. It is rotten so I intend to rebuild it. This sort of activity for me is what I am calling the "CoronaVirus Dividend".

Thanks for all the information Brigade, it all helps.
OCDO: Can I draw your attention to a discussion being held on the OCDO board talking about how the MCAP of OCDO can be justified etc etc.
CARNIVAL: There was an article in The Times today about UK shares being down, CCL largest faller at -73% (-66% for IAG, EZJ down 58%). The article covered many falling shares but was unfortuneately illustrated by that picture of the Costa Concordia on it's side in 2012. Another article about dividend cuts mentions CCL having $3B in recent debt struggling to defend its 13% yield. Dropping the dividend payment would say them $350M a quarter. I expect them to cut or suspend the dividend which will probably further impact the share price, however, I am thinking that a company that loses 73% of it's value must have a lot of upside (eventually).

OCDO first French Customer Fulfilment Centre has gone live near Paris.
https://www.ocadogroup.com/media/press-releases/year/2020/ocado-announces-launch-first-international-ocado-cfc

Well I am "in" MCRO for the weekend but feel a little disappointed as I could have just done another sell and buy. Can't complain really.

At the start of the day I wrote a note to sell OCDO above 1240 if possible but glad I didn't as they seem quite strong now.

Well holding shares in Carnival has been no carnival but I am sure they will improve.

I guess I am happy with the way the day went and I made some cash as well as increasing the number of MCRO shares I hold.

Have a good rest over the weekend Brigade and lets hit the ground running on Monday. Ha, I think I'm in denial.

nearly sold MCRO again at 391 but want to stay in stock for weekend.
Sold OCDO at 1226 that I bought at 1201 earlier (new money, so happy to take profit)

It's true, just bought MCRO again.

I know I have made several trades today so tricky to keep tabs, just made another and sold MCRO yet again at 384.2

Perhaps you missed my posting while you were out. I bought at 373 then sold at 381 and have just bought back at 374.5

I assume from your last posting that you thought that I was currently in MCRO.
I was actually out. An opportunity arose to buy so now I have bought back at 374.5p for another 1.2% more shares.

I was forgetting the dreaded shorters effect on CCL, so things could improve a lot there.

Yes, would like to be sitting on a pile of cash right now to cherry pick the bargains.

What's your recommendation T, to be in or out of MCRO over the weekend?