Stocks and shares...

peterg1965 · 08-15-2011, 05:34 AM

BARC having a crap day. I want to stay clear of banks for a while, too volatile at the moment with all this Eurozone debt stuff going on, but they do look tempting prices......

There has to be some really really good value stocks out there at the moment, it is just picking them. Commodities maybe? I have some BP and have made some modest gains since last week. Retailers? Not sure. People keep saying Range Resources RRL but am not generally good with AIM stock and it is a bit of a gamble.

jimmylimmy · 08-15-2011, 05:58 AM

I bought Chariot Oil & Gas last week at 102, now trading at 144

no_ball · 08-15-2011, 10:29 AM

chariot has really taken off, heading north wards towards the £3 mark possibly?

MEGA · 08-15-2011, 11:14 AM

This thread has convinced me to register on iii and do a tiny tiny range trade on a stock and see how it goes.

Could get addictive?

JLR1969 · 08-15-2011, 11:29 AM

Made back £10k of the £18k lost over the last 3 weeks so far.

Markets are recovering.............

peterg1965 · 08-15-2011, 11:33 AM

I have been doing a modest 'dabble' over the last week or so. Am up, thankfully, by enough to pay off the wife's shopping spree at the Trafford Centre yesterday! Sold MUL and BP just after lunch. Am a little nervous about putting all my spare cash in the market as it could turn down very quickly.

no_ball · 08-15-2011, 11:58 AM

This has the makings of a share club

misterS3 · 08-15-2011, 02:35 PM

Can you guys hedge trade with whoever you use?

Eg Buy Barclays and sell some French bank?

Directional trading is always tough at times like this

I used to trade EGB for Bar Cap and everything was hedged with futures or done as a butterfly. Nothing was directional. I'd be making a fortune at the moment with the volatility in the markets.

FWIW I don't share trade myself. So can't and wouldn't offer any advice. I don't have the time to invest in making sure my money was well invested. i.e checking out the sector, historics, background news, fundamentals, commodity prices etc.

jaspy412 · 08-15-2011, 03:29 PM

a share club would be gr8, with advice for us novices (obviously at our own risk)

BGM · 08-15-2011, 04:03 PM

what are you guys using to trade?

i skim read the thread and notice some people doing some dabbling with low level transactions, are you not getting your asses stung off with transaction fees?

peterg1965 · 08-15-2011, 04:10 PM

I deal with a minimum of £3K-£4K. It is 0.5% Stamp duty + broker fee of £11.95 for buying and selling. I deal with Hargreave Lansdown. So on a £4K trade the share price needs to go up by 1.1% to make a profit.

335iLondon · 08-15-2011, 04:25 PM

Use Halifax.
You need to be playing with +1k for it to be financially viable after fees

ps. DPL sucks

My hot tip, ocado, they have been stung when waitrose sold, but will pull back.
Massive bargin at the moment.122 current vs avg of over 250

JLR1969 · 08-15-2011, 04:33 PM

Quote:

Originally Posted by 335iLondon

DPL sucks

Why do you say that. Let me guess bought in at 6p+ the price dropped to 3p so you shit your pants and sold at a huge loss

335iLondon · 08-15-2011, 04:45 PM

Ha, nearly only picked up a few and have hung onto them!
Have lost 25% but im sure they will come back
was only winding you up!

JLR1969 · 08-15-2011, 04:50 PM

Quote:

Originally Posted by 335iLondon

Ha, nearly only picked up a few and have hung onto them!
Have lost 25% but im sure they will come back
was only winding you up!

you got me!

Hold on to them for a few years I think and hope it will be worth it!

jimmylimmy · 08-15-2011, 05:02 PM

Quote:

Originally Posted by peterg1965

I deal with Hargreave Lansdown

+1

no_ball · 08-16-2011, 03:39 AM

i buy/sell with svssecurities, offer on for the first month of registering, then move on..

no_ball · 08-16-2011, 03:43 AM

335ilondon, you could be right, ocado possibly nearing the bottom of the bucket before the upturn, based on historical data?

335iLondon · 08-16-2011, 05:20 AM

Quote:

Originally Posted by no_ball

335ilondon, you could be right, ocado possibly nearing the bottom of the bucket before the upturn, based on historical data?

Difficult to base on data as their business model has changed after waitrose sold their shares.

I believe they are a good company and will pick up. Have just doubled my investment as at 119 I think they will be 130 by end of month

jaspy412 · 08-16-2011, 09:43 AM

x-o.co.uk here £5.95 per deal

no_ball · 08-16-2011, 11:16 AM

market down today in general, consolidating..?

peterg1965 · 08-16-2011, 11:40 AM

Dull dull day. Hopefully on the up tomorrow. Wonder if Merkel/Sarkhozy have made a joint statement yet to cheer the markets!

08-15-2011, 05:34 AM	#67
peterg1965 Brigadier General 164 Rep 4,190 Posts Drives: F30 335d M Sport, F15 X5 40d Join Date: May 2007 Location: The place of dark satanic mills, UK iTrader: (0)	BARC having a crap day. I want to stay clear of banks for a while, too volatile at the moment with all this Eurozone debt stuff going on, but they do look tempting prices...... There has to be some really really good value stocks out there at the moment, it is just picking them. Commodities maybe? I have some BP and have made some modest gains since last week. Retailers? Not sure. People keep saying Range Resources RRL but am not generally good with AIM stock and it is a bit of a gamble.
	Appreciate 0 Quote

08-15-2011, 05:58 AM	#68
jimmylimmy Captain 19 Rep 840 Posts Drives: 'charged VXR8 Join Date: Oct 2009 Location: UK iTrader: (2)	I bought Chariot Oil & Gas last week at 102, now trading at 144 __________________ E92 335d Stealth Edition \| Gone VXR8 Wortec Carbon Edition \| Gone Golf R \| Incoming...
	Appreciate 0 Quote

08-15-2011, 10:29 AM	#69
no_ball No Fear 13 Rep 278 Posts Drives: BMW E90 330d M Sport Join Date: Oct 2010 Location: Solihull iTrader: (0)	chariot has really taken off, heading north wards towards the £3 mark possibly?
	Appreciate 0 Quote

08-15-2011, 11:14 AM	#70
MEGA Dieseasal 204 Rep 6,881 Posts Drives: LCI E92 335d M-Sport Join Date: Jan 2009 Location: Harrow, London iTrader: (2)	This thread has convinced me to register on iii and do a tiny tiny range trade on a stock and see how it goes. Could get addictive? __________________ Previously: 2003 Peugeot 206 1.6 8v \| 2006 E90 320d M-Sport, 19" BBS CH, Full Ice-cold JL audio install, August 2010 Total BMW 6 page feature car. \| 2003 Nissan 350Z GT Coupe 286BHP Now:2010 E92 LCI 335d M-Sport
	Appreciate 0 Quote

08-15-2011, 11:29 AM	#71
JLR1969 Major General 1881 Rep 7,000 Posts Drives: Kubota GR1600 Join Date: Dec 2008 Location: England iTrader: (1)	Made back £10k of the £18k lost over the last 3 weeks so far. Markets are recovering.............
	Appreciate 0 Quote

08-15-2011, 11:33 AM	#72
peterg1965 Brigadier General 164 Rep 4,190 Posts Drives: F30 335d M Sport, F15 X5 40d Join Date: May 2007 Location: The place of dark satanic mills, UK iTrader: (0)	I have been doing a modest 'dabble' over the last week or so. Am up, thankfully, by enough to pay off the wife's shopping spree at the Trafford Centre yesterday! Sold MUL and BP just after lunch. Am a little nervous about putting all my spare cash in the market as it could turn down very quickly.
	Appreciate 0 Quote

08-15-2011, 11:58 AM	#73
no_ball No Fear 13 Rep 278 Posts Drives: BMW E90 330d M Sport Join Date: Oct 2010 Location: Solihull iTrader: (0)	This has the makings of a share club
	Appreciate 0 Quote

08-15-2011, 02:35 PM	#74
misterS3 Lieutenant Colonel 70 Rep 1,733 Posts Drives: X70 on the way Join Date: Aug 2008 Location: Glasgow iTrader: (0)	Can you guys hedge trade with whoever you use? Eg Buy Barclays and sell some French bank? Directional trading is always tough at times like this I used to trade EGB for Bar Cap and everything was hedged with futures or done as a butterfly. Nothing was directional. I'd be making a fortune at the moment with the volatility in the markets. FWIW I don't share trade myself. So can't and wouldn't offer any advice. I don't have the time to invest in making sure my money was well invested. i.e checking out the sector, historics, background news, fundamentals, commodity prices etc.
	Appreciate 0 Quote

08-15-2011, 03:29 PM	#75
jaspy412 Private First Class 15 Rep 170 Posts Drives: BMW E90 320D + X3 3.0 sport Join Date: Mar 2006 Location: UK iTrader: (0)	a share club would be gr8, with advice for us novices (obviously at our own risk)
	Appreciate 0 Quote

08-15-2011, 04:03 PM	#76
BGM Colonel 58 Rep 2,398 Posts Drives: F20 M140i Join Date: Oct 2009 Location: Farnborough, UK iTrader: (0)	what are you guys using to trade? i skim read the thread and notice some people doing some dabbling with low level transactions, are you not getting your asses stung off with transaction fees?
	Appreciate 0 Quote

08-15-2011, 04:10 PM	#77
peterg1965 Brigadier General 164 Rep 4,190 Posts Drives: F30 335d M Sport, F15 X5 40d Join Date: May 2007 Location: The place of dark satanic mills, UK iTrader: (0)	I deal with a minimum of £3K-£4K. It is 0.5% Stamp duty + broker fee of £11.95 for buying and selling. I deal with Hargreave Lansdown. So on a £4K trade the share price needs to go up by 1.1% to make a profit.
	Appreciate 0 Quote

08-15-2011, 04:25 PM	#78
335iLondon Captain 35 Rep 914 Posts Drives: 07' 335i Msport Join Date: Mar 2011 Location: London iTrader: (0)	Use Halifax. You need to be playing with +1k for it to be financially viable after fees ps. DPL sucks My hot tip, ocado, they have been stung when waitrose sold, but will pull back. Massive bargin at the moment.122 current vs avg of over 250
	Appreciate 0 Quote

08-15-2011, 04:45 PM	#80
335iLondon Captain 35 Rep 914 Posts Drives: 07' 335i Msport Join Date: Mar 2011 Location: London iTrader: (0)	Ha, nearly only picked up a few and have hung onto them! Have lost 25% but im sure they will come back was only winding you up!
	Appreciate 0 Quote

08-16-2011, 03:39 AM	#83
no_ball No Fear 13 Rep 278 Posts Drives: BMW E90 330d M Sport Join Date: Oct 2010 Location: Solihull iTrader: (0)	i buy/sell with svssecurities, offer on for the first month of registering, then move on..
	Appreciate 0 Quote

08-16-2011, 03:43 AM	#84
no_ball No Fear 13 Rep 278 Posts Drives: BMW E90 330d M Sport Join Date: Oct 2010 Location: Solihull iTrader: (0)	335ilondon, you could be right, ocado possibly nearing the bottom of the bucket before the upturn, based on historical data?
	Appreciate 0 Quote

08-16-2011, 09:43 AM	#86
jaspy412 Private First Class 15 Rep 170 Posts Drives: BMW E90 320D + X3 3.0 sport Join Date: Mar 2006 Location: UK iTrader: (0)	x-o.co.uk here £5.95 per deal
	Appreciate 0 Quote

08-16-2011, 11:16 AM	#87
no_ball No Fear 13 Rep 278 Posts Drives: BMW E90 330d M Sport Join Date: Oct 2010 Location: Solihull iTrader: (0)	market down today in general, consolidating..?
	Appreciate 0 Quote

08-16-2011, 11:40 AM	#88
peterg1965 Brigadier General 164 Rep 4,190 Posts Drives: F30 335d M Sport, F15 X5 40d Join Date: May 2007 Location: The place of dark satanic mills, UK iTrader: (0)	Dull dull day. Hopefully on the up tomorrow. Wonder if Merkel/Sarkhozy have made a joint statement yet to cheer the markets!
	Appreciate 0 Quote