Member Info for SadAct

Just noticed that PLUS500 have shrugged off the 29p divi fall today. I have seen them do this before. I guess people are still going to be dealing even, or especially, in a downwards market.

Sold my biggest tranche of LLOY an hour ago at 50.255, volume had increased a lot and all of it seemed to be SELLs. Thought it looked like going sub 50p so I bit the bullet.

Yes that FCA formal enforcement probe is not unexpected. NMC were trying to sort the mess out internally, then with the ex FBI man Feehy doing an investigation but there are compromising connections between different parties so I wonder whether the market would accept the findings of an "internal" report.

Noticed an item in paper today (I read it free of charge in Waitrose cafe...can't now afford my own newspaper. LOL). Blackrock have bought a university halls of residence/flats provider called IQ in a 4.7 £Billion deal, biggest ever UK property deal. It has made me look afresh at WJG, aim listed, mcap £680m, tidler by comparison but cheap at the moment I am thinking.

Morning O. My favourite Dad's army quote is "don't tell him your name Pike"

Yes I would be VERY happy to be adding 10% to my sharewholdings each week of course, heck, I would
be VERY happy with 5%.
FTSE recovering a little. Looking at the moment like we called the right moment to buy OCDO but MCRO, not so good.

You got good prices, nice exercise of restraint!
I bought MCRO at 749, still at least I have 1.95% more shares than yesterday.
On OCDO, I have 1.88% more shares.

RNS on MNC, company applied for suspension. No further confirmed information. Could be good, could be bad, NMC chat room is all over the place with suggestions of suspension lasting till April (company report due) or maybe this afternoon!
Suggested re-opening prices range from £5 to £10. Ha, glad I only have 500 shares at moment.

Yes, NMC suspension is marked on my positions and watchlist, I am hoping it is good news within the Freeh report.
I think I panic bought into OCDO, was set up to do the same with MCRO. Oh dear.

bought ocdo at 1099

Some big companies going ex divi today, HSBA,EZJ, AZN, DGE, BARC in the ftse100 plus 3 FTSE250 companies, this on a normal day would tug backwards at the FTSE. I still have PLUS which is one of the FTSE250 going ex today.

Good Morning. Head quite clear really, stopped drinking more than 2 or 3 glasses a night a few years ago. Only one glass last night, sad eh?
Yes, FTSE down today, was thinking about the wisdom of setting a limit buy on OCDO (and maybe MCRO) to catch an initial down spike, although a bit arbitary and think there will probably be a down spike then a drift lower by most stocks. Except my current darling NMC of course.

A very good summary of the virus is on the BBC website....
https://www.bbc.co.uk/news/health-51048366

I have been trying to use two or three of the "indicators"(as IG calls them) on the IG charts. In particular, Stochastic and Williams %R. Can't say I know much about what they do but I have been monitoring their graphs at the same time as the share price graph. The jury is still out on whether it helps but the more I am using them (perhaps) it will give me a feel for when to BUY/SELL. There is certainly a coincidence of highs when the time is right to SELL and vice versa. I started using the Stochastic after watching some of the Live IG broadcasts refer to it (a bit like the Bloomberg "before the open" discussion etc)

Watched two or three short videos that included (forgotten his name) and yes, he is worth listening to. The point he made about "It won't be a V shaped recovery from the virus" was well made...i.e. SARS was a smaller outbreak with (probably) lower mortality plus China is now a much bigger part of world economy, critical supply chains etc. Also, excuse me but I think I got this from him but the confluence of effects, ongoing banking troubles, company defaults, US-China trade war etc has scared investors made them reticent to reinvest once they have sold investments. Hence not a V recovery.

Have had no feedback from IG on my suggestions/observations about their platform.

Yes, thinking about selling some stocks that seem to be going nowhere.

Got to get back to my impromptu birthday party now, hope I am up in time for the open.

T, You mentioned in your post at 14:31 "IG Target thingy". Not sure to what you were refering.
On MMC, always a positive push whe someone has declared that they are stake building but the guy has a bit of a mixed track record, still, who am I to talk.
Nice to see some up trending from OCDO, really hope it has turned the corner. Still a longish way to go to cross the neckline/resistance level confirming the triple bottom though. (yes, I know the virus problem might wreck it).
Have a look at the triple bottom on this site, it is beautiful in it's symmetry, although the period is rather quick.
https://www.ifcm.co.uk/ntx-indicators/triple-bottom

yes it's been a funny old day but happy considering what's going on outside my particular bunker.
I will be interested to hear your next moves on OCDO and MCRO. Chuffed at my price on OCDO, I looked in the lists of trades (at 15:59) and I can only find a few buys at 11,27 and 11.275 but no numbers that add up to my sale.
Have to keep going back to the fountain of money that is NMC, my timing has been wonky at times but as you say, it's easy to make a profit on a rising share.
I try to read the NMC chat during the day but have decided it is best to not read it.
I remember that guy predicting the crash, he was alone at the time. I have respect for his thinking so will try to read listen to his clips. Thanks.
Really need a day off.

Back on the NMC gravy train at 936.6 but only 500

sold some ocdo at 11.27

I have copied you and sold MCRO, same price

Looking at the "volume" indicator on IG charts within the trading platform and yes, OCDO volume is really building up. This is good for the share price and us!

Death from virus in France is in Paris, an elderly Chinese tourist. As far as I know the other cases in France are around Paris. My property is in Brittany about 250 miles away but I don't think that means very much.

It's 13.40 and I have just got back in, my limit SELLs on NMC triggered so I am now out of NMC. I had only set the limit at 910 but hey, a profit is a profit, I'll buy myself a birthday present.
I also set a limit BUY on SAGA at 36.9 which triggered at 36.82 so now I have a shed load more SAGA shares than last week. I'll work out some percentages later.
Did you sell OCDO on that 1123 spike T or was that before you bought back in?

I think you are safe in FRES as long as you aren't after a quick profit. Myself, I specialise in quick losses!!
I had a nice offer to buy my second tranche of SAGA at their current minimum (I know I know, I said I wouldn't), dithered and the price rose. Doh!
NMC getting back into my sell territory, must set a limit as I need to go out for an hour.

Could have been worse with SAGA (really?), I have only got one tranche at the moment, didn't have funds the other day to buy the second one. Now I don't feel like buying in can you believe.
Birthday plans? I had planned to sell OCDO at 1400 today. LOL
Seriously, I would be happy to sell NMC above 890, nearly pressed the button at 887 earlier.
Have a nice bottle of Rioja to open later, cheers.