RE: Sharetrader123Today 23:06
Grizzleworth
Colombia’s worst weather typically occurs during the primary rainy season from October through November, and again in April and May. During these months, the country frequently experiences heavy downpours, severe flooding, and landslides, which can disrupt travel and road conditions.
Anyhow, you and the rest of the posse beef started from my position that the deal would not finalise when predicted, the drilling would not start in April, may, June, July, aug, sep, Oct! Combined with working out cash burn and stating two highly discounted raises would be arriving. Very basic investing maths that none of you did or agreed with.
That is the basis of your “beef” an inability to accept that someone you have trashed was correct snd that basically you will nasty your way out.
Re averages , I have stated for 6 years or more here that my strategy is to aquire more shares by trading. Legal decided he was going to take me down. Trouble is not only can legal not work out cash burn he cannot work out the maths of an average. You guys insisted the platform tells you your average. It absolute does if you only buy shares but absolutely doesn’t if you sell and rebuy. I t would take me an age to correctly work out my real average because I have thousands of shares. However even someone with challenged maths should realise that if you sell some shares and rebuy more shares for no increased outlay your real average has decreased. And in theory you can add some extra cash and still not an increase your real average.
If I sold my 5 p shares at 40 p which incidentally I did with a few and re buy them all at 20 p your platform now uses 20 p for the calc however I would hold twice as many shares for no extra cash. Twice as many shares than I held at 5 p average but platform says 20 p average. The caveat being , all my shares are in isa so no tax. If they were not tax protected the scenario would be different.
As regards trading, I have done pretty well here and elsewhere trading . I enjoy it and find it successful but I wouldn’t advise it for idiots!