Member Info for speedymeadie

Hi TMT. Just for fun, Higher or lower tomorrow morning? Call me Brucie. ATB Speedy

Hi TMT. I pointed out this scenario a few weeks back and got told off for "putting a dampner" on the BB. For me it was as plain as the nose on your face, the big boys do not miss a trick like this. Their games are only short term and the real value here will be achieved in the end, where that will be no one knows. Price predictions are fun pass times that is all. The problem with price predictions is that the uneducated (i say that with ref to the market) look at these predictions and think they are prices that experts and people in the know are saying will happen. This is dangerous for them, so next time we have a "guess the price next Tuesday comp" bear that in mind. ATB Speedy

Hi Paddy. Hope you can make it to Tigs next proposed meet, will enjoy filling you up with as much of the good stuff as you want. ATB Speedy

its behind you

Hi Malcom. Please do not lose your bottle, selling at a loss is not a good idea. You have invested in a once in a life time opportunity, stocks like this are one in a thousand. Hold and watch your funds grow to buying that house as opposed to a deposit. If you sell i will be forced to come round and give you a slap (only joking) ATB Speedy

I remember Mexico very well, i do not class myself as violent but reserve the right to defend myself (quite good at it to). Hope you and Mrs Mush are keeping safe on your journey south and hoping for a journey north here. ATB Speedy

Hi Jet. I used to get called that at school until the name callers were reduced to a quivering mess under a hail of left and right hooks, mind out. ATB Speedy

Hi Jet. Whats with the Speedyweedy.

Hi middleEast. Thanks for the info, margin and time seem to be the risk. I will spend some time trying to get to understand what you have said and try to come up with a way to minimize both. ATB Speedy

Hi Welsh. There are some very knowledgeable people on this BB and any advice received will be digested and either discarded or used. I do not class myself as "a bit silly " I hear your case against spread betting but you offer no case for reducing risk, does that mean it is impossible? ATB Speedy

Hi All. If no leverage is used the bet is 1/1, with no stop losses set you will not be stopped out, what else can be done to ease the risk? ATB Speedy

Hi Welsh. If my funds go into a stocks and share acct i will attract massive tax liabilities on profits, all i am trying to find out is ,is there a reasonably safe approach to using spread betting as an alternative method. ATB Speedy

Hi Blue. I never, ever set stop losses. ATB Speedy

Hi Welsh. From my limited knowledge of spread betting the main risk is leverage, if that is kept to a minimum is that risk not negated? ATB Speedy

Hi All. I have a morbid fear about paying taxes. Spread betting is tax free profits. My ISA is full and i have funds to add to my position in GGP. Can anyone with good knowledge of spread betting point me in the right direction to go about this approach whilst attracting minimal risk. ATB Speedy

Hi Cordolini. Will wait to hear from you. As for gold and silver brits, both are CGT free, silver brits attract VAT unless purchased and stored offshore. Be careful of the premiums on both, approx 4% is acceptable on gold brits but silver can attract huge premiums, buy the dips on both. Now is probably a very good entry time on both. ATB Speedy

Hi Jet. BTL(buy to let). Was in the rental game long before the gov bought in AST, when they did i went all in and had some massive results (leveraged with prices rising x 5). Have been selling for 4/5yrs, last one gone yesterday. Glad to be out and glad to be in GGP. ATB Speedy

Hi All. Perfect timing, just exchanged on the sale of my very last BTL. Please keep the SP around the 20p mark for a few more days. My intention is to split the proceeds 50/50. gold and silver Brits/ GGP. Problem is my ISA is fully loaded, anyone got any spare room? ATB Speedy

Hi Daveri. Some COs are more equal than other COs. ATB Speedy

Hi Fenix. Not Zzzzzs just plenty of ££££££s or $$$$$$s and shed loads of OZs. ATB Speedy