Member Info for threeputt

A nice read there SS, great advice on the pitfalls of greed and overconfidence. I'm a great believer in the advice of Robbie Burns The Naked Trader and he talks exactly of that overconfidence in his books and blogs. I've become more aware of myself with his advice and how I trade and I sense when I am in danger of overconfidence and greed, I would say I'm in danger of being at that point right now with a decent few months so I'm treading warily, taking the profit with some that have done ok, and selling others that I feel have hit a wall even if its at a loss.
Doesn't stop me making the occasional punt though, we all need to have our own trading characteristics and much as I like my 'good' shares there's always room to make a judgement on a smallcap that has hit a 'puntable' level (like OPP), as long as it's a small punt.
Never played Poker to that degree, nearest I got was 3 card brag years ago in the lunchtimes at a workplace, that could get pretty serious at times. Watched poker on the telly but never quite 'got it', the bluffing etc, so I would have been hopeless with my excited grin written on my face ! Played chess online for a while some time ago & cribbage for money, that was fun.
Not sure myself about the banks, no advice intended but I spotted something recently about Steve Eisman (The Big Short) shorting 3 UK banks atm, consensus seems to be that 2 of them are RBS & Lloyds.
Unlucky re CHL, I can only say that these court cases rarely turn out in favour of the shareholder (think CHL, Rurelec, and one other I can't place), I was never in any of them but I always think the best you can try to do is make hay while everybody else is buying and get out in time, or at least sell some to cover the initial outlay (easier said than done however, biggest regret was selling fitbug (for 100% when it did 2600% & ctag at b/e when it went silly after (but where are they both now !).
GLA

Bought PETS first thing just under 140 on the early fall, seen these previously shorted shares before slowly grind up as the shorters exit, targetting 170-200 atm, let's see.
Come on OPP !

balman, I'd be interested in PETS, yes it's risen today but mostly off the back of some shorts closing more than the results imo, was 8% short before the rise today but it's been coming down from about 12% from recollection, about 6.5% yield and looking like it may have broken the back of 130. Been watching a while but yet to make a move, I'm thinking it MAY fall back a little first, but with 8% of shorts to close it could be in for a bit of a ride (imo)

Not many available if you're looking to average down MT, most I can get on HL is £400 at 19.5
Ramp over :)

In for a few, at 18

nice on INFA MT :)

ok Neil Woodford has had a torrid time last couple of years, but this from his site reflects my belief too, note the emphasis on "long term"

"even in the event of no deal, the long-term prospects for the UK economy are nowhere near as bleak as many have predicted"

"if the results of our Twitter poll are anything to go by. Almost half of the 42,000 that voted believe that the UK economy is “facing a cliff-edge” as a result of Brexit. This negative consensual view is reflected in the UK stock market, helping to forge a compelling investment opportunity in domestically-focused stocks, which the funds are positioned to exploit. The Capital Economics report, which explores the key debates in detail, provides considerable grounds for optimism that the long-term outcomes for the UK economy will be far better than the alarmed consensus would suggest."

Awesome rise on INFA MT, nice one ! I sold at 47 lol. Surely time to think about selling some/loads now ?

What market ?........

Cam, If I could 'rec' your 17:34 I would :) The share I lost thousands on was wsg in my less learned days, £15k down at one point through holding from belief - until I 'learned' (not to say it never will of course but until then.....), I've since traded it almost 20 times most of them profitably, a few times I should have held much longer - and brought that £15k loss down to a £2k one, the 'aim' (lol) is an end profit and my revenge is complete. I'll only trade minnows these days when all or as much as can be the ducks line up
20:01 Honestly ! The interviewer should just ask the guy why all of the other planets are round and we are flat

Why am I tempted to have a bash at PREM for a bounce, can someone tell me why I should step away from the keyboard ? webinar due next Tuesday, just a hunch it could be a catalyst

MT you sound pretty clued up in that area, ever had a look at Bigblu Broadband (BBB) (old SAT) ? I'm not in but one I wonder could do well long term, joined aim 2015 at I believe 45p (was 4.5p before 10 for 1) always a risk as still loss making but seems a lot of support around £1, acquisitive
Anybody any views, it's an area I have a faint understanding, just a hunch atm and I would probably be a buyer under £1 with a strict stop loss

https://www.ispreview.co.uk/index.php/2018/05/satellite-solutions-worldwide-rebrands-to-bigblu-broadband-group.html

Wow, those old Commers have really got it in for TOOP, must be the David Breith effect - quite rightly imo

Also been secretly lurking the TOOP board for amusement in a bored moment, makes me appreciate the quieter shares I frequent. Havent't read today's though so given me a heads up to read up on the ruckus now
GLA

TOOP - I read they were in need of cash, I haven't followed it up but it was enough to put me off

Mac - hope you got out before results

can't blame my cynicism, always happens when it's a quiet market

oh no not MAC again, always a favourite p&d target

or don't use the margin. Why do you think they allow you to borrow more than the capital in there ? because in the end they nearly always win and change the rules to suit, only need to take one look at s/betting company results to see who is winning.
I do sometimes use some spreadbetting companies however to buy or short certain shares as they can give DMA option which can be useful for potentially buying at the bid price, but I never utilise any margin, I trade etfs otherwise if it's indices I'm after

All long term dogs imo MT, personally I would never stay in any of those long term which judging by quantity you have, I would look on these types of shares (the ones that aren't making a profit) as momentum trades only and get out quick if you're spiked, the low mcap is normally a clue and you have to be pretty sure you're buying at a good time because of the high spread. Personally I would look for an exit on a spike although Infa may have legs in the very short term.
But don't just take my word on it, Cam you will know of these far better than I, maybe you could give an opinion on each as I wouldnt like to see MT sell them at the bottom