Member Info for Vulnax

Can they cancel the divi once it has been announced as it's previous years performance - or cancel before ex-divi day??

Hi H,

Treacle, Sadact, Ogle and a couple of others have set up a chat forum so can chat other stuff not just OCdo.
Here
https://www.lse.co.uk/chat/general/general/red-braces-brigade-C79EB2F6-E325-409D-AA9C-A746AC9E40D7.html?page=23#22595210

Or go to general chat and search for Red Braces Brigade !!

V

In Share news above - OCDO rated by a broker as underperform - target 932 !

I see a director sold 150000 shares today ....

Unfortunately the overnight BBC business news was saying Dow etc down £5 a day last 2 days, wall street NOW taking notice of virus effect.
Expect all stocks to drop for months, maybe 9 months, UNLESS it leads into a global recession!
Cheering news...

Reading some of the broker & business news assessments of OCDO etc. yes OCDO fell a lot, but in line with general market fall..... generally to do with the virus and slow down in many countries economies especially those using Chinese parts in their own products.

Doesn't help with Italy cases, start of EU potential spread and USA even saying it is inevitable to take a hold there - Trump has asked for $2.5billion to contain it / ( support the stock market? ).

Hong Kong using a form of monetary easing and saying may even give cash to residents to stimulate demand!!!

Hi S,
I am over there, think you meant this for G ??

Had OCDO bottomed out yet - reached near 1080 SP ? Are we expecting further falls with this virus or the bounce / triple bottom effect? ( to keep it on topic ;-) )

Thought you had done well with OCDO at 1260 ... ;-)

Thanks T & S,

200,000 shares for around £400 ... :-)

A limit sell on my UFO shares activated and hit a proper spike!! 25% up ... ok only £100 on a 0.26p share but it's a learning opportunity! Might buy back in if it falls back, although good news likely to push it higher. Had been flatlining for ages...

Still 10% down on OCDO. But up on MCRO. If there is a range may trade those later but back on the shake...

Other learning experience - transferring my SLA shares held in nominee account at Link Asset Management ... HL have the transfer paperwork but inform me may take 6 weeks ( been over almost 2 weeks already!

AND - had some paper cert shares, via Equitini ... sold at 2.5 year high yesterday... via Equitini system ... £221 commission!!!!! Instead of transferring them here 9 may have missed the top price if it would take 6 weeks! ).

So a mixed day, but at least I am playing!!!

Had a limit sell at 0.26 on here for a while .... sold ... so it is bound to rise higher!

Hopefully SP rise - financial security for next 7? years, low cost loan, someone has confidence in MCRO to allow that size loan.....

S - noticed a RNS at standard life aberdeen - buying into NMC!

S,
That's what I am looking for.... based on T's system, more shares / value even if SP is lower.....

I need to meditate and achieve zen and I will be ready to go Monday morning..... ;-)

Looking forward to volatility on OCDO and MCRO ....

S,
Bought one as it was cheap, had supposedly good contracts coming up and I liked the name - UFO ( Alien Metals Ltd ) !! But very low volume trading so hardly moved .. is flat most days, so little chance to trade. Siting a little down but 200000 shares only a few hundred quid! Hold. "they say" it will hit 1p this year .. else take the loss and sell up.

Reading around I bought into 7Dig ( 7 digital ) a B2B music steaming service, just as they got a couple of new contracts. Of course price had risen on the news as I bought in, and price plummeted straight after! Now recovered, I sold at a slight loss aiming to buy back lower ( where they had been last week or two ) and of course they went up. Back to about what I sold them at so waiting to drop and buy, or just leave alone.

Being penny / sub penny shares it's a cheap dabble to learn, no stampy, with the number of shares for a few hundred quid a slight increase ( the price is quoted at 3 or 4 decimal places !!!! ) it should be OK to trade ... if there was volume. Maybe 2 - 20 trades a day!

It's AIM, never normal there it seems!

Thanks S,

Sounds about right. I have just assumed the range you and T mention is about right. Looking at OCDO today, after the first hour or so the range was minimal!!

HL has live prices and live chart data which I need to play with, but I am comfortable with these charts here.

V

Thanks T,

I watch the intraday chart, sometimes not easy to spot the inflection point and change of trend direction - how are the top / bottom levels for the scale set -statistics or some one clever on these charts?

Knowing the range is useful to see if a trade would be worthwhile.

Cheers
V

Hi S,
I assume the range of the share is that mentioned by T as the range of the Intraday graph?
I see it has a dynamic scale, what's it based on? LSE chart people's view, MMs, or statistics, e.g. so many std deviations from the previous few hours price?

Useful range from the graph, if the share behaves! Otherwise I look at the historical chart for the week and what I remember from the previous day or two intraday chart.

There's lots of techy analytical graphs on HL, need to work thru them!

Cheers

For practice:

At MCRO, shake just after 11 today, spike around 12:30, but range was only 10p. I would not have sold/bought at this range, but looked the right sort of pattern.

I'm actually 3% up on this ( not from trading just recovery of SP ).

Had a thought on the alerts - ON HL can't find a way to send to mobile phone. BUT if you have set up mail account on the mobile you'd have the alert in your hand - perhaps even have a different notification sound or filter for the mail so easy to spot alerts.

Obvious really but just came to me!

Hi S,
I'm still here, watching and waiting! My capital has fallen, since I bought into Ocado @ 1277 a couple of weeks ago, then topped up as they fell ... sounds familiar! SO not traded yet, and still a bit of resistance selling at over £1 less than what bought at ...

When the share price is flat I won't do anything.
When the share price falls .. I'll wait .... ( try not to buy any more as it would be new money in the pot )
When price rises, look to sell ( ideally above purchase price! but not necessarily ) and not be too greedy and miss the peak, or as it keeps rising I won't be able to buy back in with a profit/more shares.

When the price gets to a point I should take action, I dither in case the price moves the wrong way!

I need to get better at seeing the trend / when the trend is likely to change direction and actually go for it!
Last couple of days here I could have sold at close and bought back at open next day.... if i had confidence it would have fallen.

Back to the Rules of T ...

Yeah, not worrying about it, still hold the shares and will do something with them as time goes by, even if just sell at £42 !!!