PYX Resources: Achieving volume and diversification milestones. Watch the video here.
The buys have outnumbered the sells on this for weeks, and sometimes by huge margins, yet the SP has been mostly flat. I suspect we are still seeing the effects of the overhang from the recent RI. Still very much a medium to long termer IMO.
Don't pay too much attention to the prices on here, they're always delayed by 15 mins and during the closing auction they go all over the place. Once trading stops at 430 the market goes into auction to balance all the days trades. During this time the buy price quite often shoots up a huge amount....doesn't mean anything. Once it comes out of auction the price will settle to the real level.....get an account with a site that has a live feed and you'll get accurate figures. I use a few but find the charts on igindex to be the most user friendly, and it's free!! BTW, 11 months sounds like the perfect time to start, get her some clubs!!!!
Looks like it's out of auction around the 15p mark which represents a marginal gain....not sure what happened for the rest of the day but a gain is a gain. For all you chartists out there, there was a gap to fill back down to 15p so no great surprise that it fell back, just would have liked to see it bounce back higher. Not to worry, look forward to next week with anticipation....
I use a stunt double, she's a far better driver than me!! And she looks better in a helmet!! I'm going to switch off, take my son to the driving range for a quick knock, lunch at pizza hut, kick around with a few of his mates from school this afternoon and switch back on around 4pm to see how we're doing. To be honest I'll be happy if it stays around this 15.75 to 16 level. 6% to 8% in a day is more than enough for me. Save some momentum for next week....
There seems to be a real good rumbling in this share at the moment (about time too). Buys outnumbering sells by a huge margin and a steady rise over the last couple of days. Slow and steady would suit me, I can do without the rollercoaster ride, not good for the heart!! GL to all in this one....more of the same please!!!!
I honestly thought the LLOY RI would drag the SP right back down towards the 38p offer price (and it still might) but it seems that a lot of people are buying LLOY now to qualify for the offer, thus getting a bargain and keeping the pesky government share to a minimum. I would expect a dip in the SP after the RI as people buy the 38p cheapos and sell them for an instant profit. Not really followed gold too closely, jumped on a couple of miners in Jan/Feb and made a quick buck but giving them a wide berth for now, think they might retrace a little.
Impressed you've resisted the temptation to sell those LLOY for a nice profit. I was in at 52p and got out at 77p feeling rather pleased with myself!! Looked very long and hard at YELL at 13p but felt the risk was too high and missed the boat. I'm in NG. at 515 and VOD at 117 both mainly for the DIVI but would certainly sell if the price is right.
Possibly, I've recommended it to anyone who will listen.... I tried to impose a strict set of rules on my trading as he suggests but still find myself taking a punt on companies that might present a huge gain over a short period (you know, if the wind is blowing in the right direction and everyone is pulling together!!). I view WKP as one of my punts while I hold a couple of other less risky shares for a more medium term. Will have a look at the other book you mentioned, cheers.
You beat me to it, sorry for jumping in.....
Try www.thenakedtrader.co.uk aka Robbie Burns. He wrote a popular book about how to trade from home etc. If you log on to his site, he lists all of his trades and he shows a buy of WKP yesterday at 13p and is looking at a target of 25p to sell. I'm in here at an average of 13.7p and 25p would be just dandy!! GL
Behave yourself.....you've just posted something similar on the JJB board. You cannot go around posting comments like that without substance. These boards are for balanced discussion not this....