Member Info for stevegrass777

I agree rimmer, Apple does move fast for a big company. I think it gets traded so heavily like you say short and long trades.
Apple has had a good run of late and its hard to find a good entry point at the moment.
I've owned my Apple shares since Tim Cook took over and sold none.
I don't know how much Berkshire and Warren Buffet intend to buy.
If he wants to take the holding up to 20% like some of the other big company holdings they have a long way to go.

Lol, not surprisingly I didn't notice that.
I don't mind people pulling my spelling up really as it probably sticks out like a saw thumb when you know.
In fact after it was pointed out to me when I re read the post it annoyes me.
But as I have been pulled up for my spelling all my life I have robust but polite replies.
There were no lies in my reply.
I'm 43 now, I got made redundant 7 years ago I own 4 houses outright 3 are let out and I spend most of my time watching and trading shares.
I have bought shares since I was a teenager, and first had shares in my parents name with my initials on (in other words care of) and they were paper share certificates.
Owning share certificates were the only way I could obtain a certificate really as there were no concessions in exams for dyslexics like now, and poor short term memory makes passing tests rather difficult.

Err, I don't get it?
Please explain yourself?
I don't think anything I have said calls for that kind of reply

Threeputt: Well I'm dyslexic so the chances of me learning that it's lose and not loose are very slim.
I also struggle with there and their and quite a few other things.
But dyslexics tend to be good investors and entrepreneurs so I managed to semi retire in my thirtys.
One thing I do know is it doesn't matter if I spell it profit or prophet my bank balance still goes up.

"Whilst a total ban on spread betting may be some way off, I would not rule out a blanket ban on short seliing in the near future, what then matt, who going to lay what off with who?"
A blanket ban on short selling!
Well that just made me laugh.
The trouble is short selling can be used as an insurance against market falls, and just as other insurance products most people loose out unless the unfortunate thing happens, but insurance is essential in some instances, and the products IG sell can be used in risk management.
How many people who buy house insurance loose money each year?
It's probably a massive percentage, but people still buy it.
How many current account holders loose money, its a guaranteed loss, I would Say 100% of current account customers loose money.
Same with life insurance, people pay in more than is paid out.
All these products won't be banned, and if used correctly can mitigate risk.
Just like short selling and other products IG sell.
How many people who invest in Aim shares loose money?
How many actively managed fund beat the index?
None of these are banned and none will be.
IG has many new areas in the world markets to break into.
And as IG have operated from 1975 and has changed to new markets and new regulations along the way, it will continue to do that.
The American Market could be huge for IG.
So you trying to predict a gloomy future could be completely wrong.
And working around New rules is what financial companies are best at.
So IG could still have a bright future, back to growth 2019 doesn't sound to bad to me.

I think it's the upcoming trading update driving the share price.
Any good news tends to be leaked on this company from my observations on previous reports.
I think short term traders in general loose money, a big percentage of day traders loose money.
And IG's platform probably serves more day traders than most.

Anyway, it seems anticipation of the upcoming trading update seems to be giving the share price a jolt.
Maybe some details have been leaking as always seems to happen with news surrounding IG.

"ESMA said certain longer-dated binary options would be excluded from the renewed ban. (Reporting by Lawrence White; Edited by Mark Potter)"
Binary options ban is extended for a further 3 months, but it seems certain longer dated stuff is exempt, as above taken from RNS

If clients flip trades quickly then I suppose the spread gets them every time and that adds up quicker than someone who just trades once a month, but that's the same for any trading platform, I suppose brokers like clients who flip trades 5-10 times a day more than sedantary ones and eventually you will loose all your money on the spread whatever platform you choose.
Maybe if a client looses on nearly all trades and flips trades fast it's not worth hedging against.
I don't know.
But either way, it's your choice to trade or sit on your hands.
Maybe with all the bad press he thinks he would stand a chance of getting some money back for his bad judgement and trades,
Trying it on as it were.
£2 m isn't a lot but it could open up other cases, even in broking shares if won.
So I don't fancy his chances as the whole system could be balked.

The trouble is, you can loose money trading on the stock market buying or selling shares, so does that mean its your brokers fault when it goes pair shaped.
If people sign forms and pass a small test that says the are competent it will be hard to say it is everyone else's fault, he put the trades on.
The emails aren't good, I don't know why people in these positions send such stupid emails, if they have something stupid to say say it at the water cooler.

It's funny how buys get flagged as sells. But 100000 buy is no small change and a positive sign.

Looks like good progress has been made, costs reduced and bringing facilities management in house seems to be working.
Very happy to hold.

All looks good, increase in most areas. Happy to hold.

Different market cap though.

https://9to5mac.com/2018/08/02/apple-tim-cook-email-1-trillion/

I like Tim Cook,he talks sense.
Apple has grown in every department under Tim Cooks guidance,yes it’s hard to fill Steve Jobs shoes but I feel Tim has enough nouse to drive this puppy on.
Apple isn’t even on a eye watering valuation when you look at the earnings and cash.
The company is expanding in all areas,yes slowly in some but very happy with the progress,the Apple Watch is saving lives! Now who would have thought a wearables product could be this helpful,if they add diabetes support and other stuff it could be a must have item with certain conditions or ailments.

Yes looking pretty good here, nice dividend, as you say no debt is a bonus.
Good to hold for dividend and I am sure they would make loads of money in a crash or bear market.
Also if the market goes up nervousness will set in and maybe more volatility.
So hopefully win win.

This sunny spell must be making them panels clock some cash up.
They must have been on maximum output for a long time now,and will be for quite some time by the look of the forecast.

Purchase of a big stake in Cooke a UK lense maker for the film industry.
Just another deal under the belt,hopefully CLDN can add some value as always.

In Romania, looks a very good deal to me, great return on our investment, and more management fees and income from direct investment.
Really motoring on with things now.

I think the 3 big director sell off has spooked everyone.