Member Info for wyndrum

Streets I couldn't agree more with you, but there are (just imo), far, far too many posts that simply state an opinion as though it was a fact. There is never either the humility or in fact the bother, to explain why some post what they intimate to be unequivocal. And as we see these boards are often seen by newbies to the game.
basically we are all gambling and it's addictive, very addictive and if you get it, then it can life changingly ruinous. I just think people should be more responsible I guess.
Telling people (not you), that this can only go one way and it will 400p before results, it will 600p before Xmas etc etc, is very very powerful, and as I say , I think very irresponsible.
But I think I have beaten this drum (to death) quite enough.
All the best and GLA

I apologise, I misinterpreted the headline "UK inflation jumps in July as clothes shops shun summer sales"
Disregard my explanation of the SP decline

LJ, this is where imo, BB's fall down. They can and often are, very good places to get data and links for real info. However the vast majority of posts are speculative but are posted as "facts". There are rarely if ever, any caveats as to predictions, whether its a "bib Bounce Coming" or "MM Manipulation" or "Tree Shakes" etc. And the strange thing is, whenever the SP rises, the SP is never manipulated then... There is news out today that research shows that summer fashion sales have (by and large) failed to materialise. Whether or not that has affected Boo is unknown but that is probably why there has been a sell off yesterday and today. (Well, it makes more sense to me than any other post here today).

I think good News is coming very soon for this stock. I have a large holding in Avacta which has a 10 minute C19 saliva test under review by the govt. Matt Han**** of BBCR4 this morning intimated that it was being approved and would be ideal at airports for rapid testing. If this is correct (and AVCT SP has lept on this news) then it won't be long at all before airline stocks get a healthy bump I would think. And by that I would expect any time now - 48 hours. imo dyor

Senor, that is always true of course IF the SP goes back up but it will only be in hindsight. Tree shakes are not as common or as easy to do as is generally commented on. They have to arbitarially mark the SP down (which on a tree shake there is no reason) and HOPE that it does not make load of new buyers come in, because they have to fulfil orders for stock they don't have. They HOPE it kids people into selling through panic. As I say its a risky business and not as common as many think.
(Anyway, I reduced some of my holding just in case there is fire with the smoke and whacked into Avacta.)

blaster its not about revenue its about profit, and you are only extrapolating/guessing about revenue anyway.

This feels like a stake build to a buy out. But I am only guessing too.

looks like they are finding a level to winkle out the sellers? (4.40p to sell)

I suspect you are right, Bouncer, short of stock. and by the looks of it no one is selling...

Hi bullet, I judge it on a share by share basis as it always comes down to risk reward, but an annual return of 10-15% across all my stock picks is acceptable and anything above 25% per annum is very good (for me). However I have made a 98% increase since the lockdown in basically 4 months as various opportunities have arisen.
To me the name of the game is always capital preservation. You have to have a stake to place your bet. I have found its not hard to get rich, its just hard to get rich quickly.
Fevertree is a good example. It was flying high and then simply stopped growing at the rate the market expected. Still making tons of cash but the SP went from £40 down to mid teens (forget this C19 time) Its been a couple of years and may be a couple more before it gets back to its previous highs (if it ever does). Had someone bought at £38 then they have had years of no growth in capital and indeed a severe reduction, which if they sell their stake that reduced capital has to work harder still to make up the loss, which often leads to the person betting on higher risk stocks, which by definition increases the chance of further losses. The slide can be fast and it can be very steep.

Bullitt, What returns are you expecting on your investments? If you buy now and it goes to 400p you have made 25%.
The time frame is impossible to say with any certainty but buy the looks of it that could be in the next 6 weeks or so. Like I say, what exactly do you expect?

(These are very unusual times for SP's generally. These sort of returns are abnormal. By all means we should all ride this wave while we can but like I say this not normal.. (at least not in my experience)

Bullitt, I thought you said 400p was your target to sell? Whats changed since we started talking?

Be careful, brokers notes are not worth the paper they are written on. Apart from a psychological value that might make you feel warm inside, they are worthless inaccurate guesstimates that are no better or worse than any figure you decide to pluck out of the air. Sorry if I am being a bit to equivocal, you know, on the one hand.... But seriously simply ignore them. Its just because they are "brokers" that gives the guess credence that it simply does not deserve. (how can they all be different? how can some say sell when others say buy?) Truly, ignore them.

Hi bullet, I understand we have different ways of looking at things and that's obviously fine but my observation would be only that you site a couple of reasons why you would sell, again fine, but at the same you also said you have history of either selling too soon or too late.
FWIW (and please excuse if this sounds patronising, its not meant to be), when it gets to say 395p and you are close to selling. Pretend then that you are looking at Boo with a view to purchase. See if it meets any of your buy criteria and perhaps if it does it might make it easier for you to recognise if selling at 400p is the right thing to do? (Obviously it may well be the correct action, but its just a thought?)

Hi bullitt, again, I'm not sure what you want to hear? From a daily close chart perspective it looks to be 335p next and then maybe 363p. give or take. There is nothing chartwise significant about 400p just as there wasn't about 300p (imo)
Are you over committed? You sound anxious, you sound as though you want to be out of this as soon as you can?

certainly its one of the hardest bits of the job, knowing when to sell.
fwiw my experience has been that if you don't know why you are buying you won't know when to sell. So eg, Boo, goes down a lot, seems cheap, lots of potential to go back up, so I know I'll buy!! Then it goes up but because my plan was so vague I have no real idea of where I should get out? I guess I am saying that you can make decisions to buy without so much thought, perhaps just a broad outline of what the individual might think is "good value" but by not clarifying the thought process at the beginning, its impossible to know at any stage if its still "good value" or perhaps now fully valued.

I always have a plan of where to get in and get out (both on the upside and the downside. I won't let a bad decision tie up my funds for a long time on the hope things get better). If the plan works out I review my position and decide whether to take the profit or, if the news had been better than forecast then I reappraise whether or not to sell. If I decide to hold I have a new plan. And that incudes potentially adding to my holding as well as deciding new points of exit.
Its not full proof (nothing is0 but I genuinely think the lack of a clear exit plan can usually be traced back to a poorly thought out plan and reason of entry which is obscured by the ultimate success of the trade. (imo)

Hi bullit, How will you feel do you think, at 397p and then it starts to go down to say, 390? Would you maybe sell at 390p and not risk 400p maybe not coming round??

(I guess I am trying to find out if this is just an emotional thing or part of a pre determined plan)
Feel free to ignore these questions

may I ask bullet, what is special about 400p?

Berms, I'm pretty fluid on what price I would sell out of. Using Eve as the example, this is just how I think things so please ignore at will.
I have a plan of where to get in and get out (both on the upside and the downside. I won't let a bad decision tie up my funds for a long time on the hope things get better). If the plan works out I review my position and decide whether to take the profit or, if the news had been better than forecast then I reappraise whether or not to sell. If I decide to hold I have a new plan. And that incudes potentially adding to my holding as well as deciding new points of exit.
Also if I come across a stock that looks like it could give faster returns then I would sell EVE put it in there and in my perfect world, make 30% and buy back into EVE that had only gone up say 10%.
I don't know if this comes across but it's an important lesson that I learnt is to never, ever, ever fall in love with a stock.
Not only is it just a bit of paper (I liken them to betting slips to keep me on the straight and narrow), but you are not even giving the money to EVE, the company you may have fallen in love with.
For those who think this just sounds a bit weird, I think what happens is the individual starts to fantasize about how much money they could make. Lets say the target is 50p for EVE or even 100p!!!. So you stake £500 at 2p a share £12500 or even £25000 profit coming up! Kerching!. Now this is the returns of a lifetime but the amounts are not, so the individual having decided now that this is not only possible but maybe, just maybe probable, (this where the fantasy starts to translate to "rational thought" needs to stake not £500 but £10,000 and then WOWZA!!!!
So, its very easy to over commit and then because of that you only want to hear positive things, no dissent , no reason why it might not happen and then you associate your potential future happiness on EVE's performance, and as the shares go up a bit and you see a profit, you start to get a warm fuzzy glow that you transfer to EVE, and before long you are in Lurve....
(The downside is when you overcommit and it goes south then the pain is well, painful, but you hang on HOPING it will go back up, then it falls some more and the pain starts to increase. This will then coincide, naturally with more dissent on the BB's about the stock and the pain ultimately becomes unbearable as it falls further, then of course once you have sold the stock rises....and you are emotional wreck....
(Too much? but my point is, this is I think in general, a much more dangerous game than either its given credit for or newcomers realise.)
Anyway as always GLA

PP wont read this but her problem (I have always thought of PP as a woman) is she makes personal assumptions based on people who disagree with her B&H philosophy, You can be sad, nasty, bitter and unhappy or worse, a "trader"just because you question her ideas. Not only are these assumptions wrong by the way, (I mean,if you are going to make all these assumptions you could a t least be correct in them!) but by holding these views without debate shows a closed mind which will inhibit her ability to learn and grow.
I was anxious to know given that PP researches everyday what info would change her mind and sell Boo. And I think this is relevant as the slavery story when it broke was big news. It halved the Share price and painted Boo in a very very bad light. Funds sold their holdings and at the time there was even talk of Boo collapsing. (its not relevant that the story has moved on, but what other info would she require not to sell her 20 year stock?
Plus all this cutting and pasting.. most people would either put the quotes in brackets or maybe say, "in the words of..."
but my not doing that she seems to want to show others an intellect she does not posses. Again, it shows to me somebody who craves recognition and may have a superiority complex. (I note this time she, having been called out), did acknowledge where a quote came from, I guess she had to!)
The laugh of it all is that her strategy of B&H is as common and as old as the hills, so hardly worth all this desperate posting to make sure newbies (and the rest of us) are aware of it!

Hi Berm, according to HL charts the SP closed at 3.8p and the RSI shows as 68.6 (just to remind folk when it was at its recent all time high at close, it was 3.88p and the RSI was 88.87)
so as you can see the ups and downs have now left, still a reasonable amount of room to go higher without any brake.
Always, also bear in mind its an indicator not some magic stop sign. The market can always be "unreasonable" longer than individuals can fight against it. In other words it could go into the 90's and still carry going up, but having said all that its pretty food at giving warning signs of what's LIKELY to come next.
(What I liked yesterday, for whatever reason, is the speed at which it moved. It encourages me that quick gains and substantial moves are possible and can be had.)