Member Info for Tom78

I thought i got a good sale at 2800 ! looks to be trending up solidly, but surely it has to retrace sometime?

Forget oil, gold and iron ore, tobacco is the one i wish i had put everything into!!

Will this ever go up? Is this company in danger of going bust?

Yes maybe, but this week has been just awful in this. Just so sick of it and all gold mining equities have been total disasters for me far worse than banks who would have though that?

I have no faith at all in this rubbish, i wouldn't buy any more untill it hits 400p if i haven't killed myself before then.

Had enough now i just want my money back...

Thought this would go back down but it didn't go high enough to get out. drat!!

Interesting reading here: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/11/30/bloomberg_articlesLVHBXA6K510T.DTL

The news icon is flashing but there is no news! At last the shares i bought at 176 are showing profit for the first time ever. lets hope it holds and consolidates as we have seen sharp spikes like this before.

Up 25p maybe theres life in the old dog yet! Certainly trimming my losses today.

Yes spot on! Made good money on these and imperial too.

Why has this **** sunk so much today? All the other gold shares aren't down so much!

Haven't heard of many of those. Only in two penny shares now BPC and ALD both utter dogs. This (ABG) isn't much further behing either having only 3% profit on having held since january! The key to this one is swing trading but i'm not very good at it.

Looks like you were bang on about the Euro deal! It unravelled far quicker than i thought possible!

Think we have a similar strategy. 90% of my pf is in ftse 250 or 100 and all well in the green, penny shares have been a total washout.

Hi. True at the moment cash returns are rubbish, but all that glitters is not gold. Poor choices in some small companies have have turned in some huge losses for me, so the building society would have been a much better idea... still can't win them all.

Hi, yes that is generally what i am thinking as well. Gold has recovered it's price well and back to around $1740 per ounce. With this particular share you have to be a bit carefull as every now and again all of your profits can be wiped out in one big dump as you can see from the graphs. I'm waiting for £6 which would be a good time to get out for a bit i think.

Not sure what you mean? Do you think gold will crash?

If have you have looked on the allied gold site I partcularly like the page entitled 'why invest in allied gold?' Answers on a postcard please! This has lost 30% of its value in a month! that is just hideously cruel. Gold metal has only lost 7% of its value in the same period.

Certainly tough here and all aim shares. The markets have rebounded strongly but little shares have remained flattened.