Northen Rock
#161
I've found that life I needed.. It's HERE!!
Join Date: Aug 2006
Location: UK
Posts: 1,249
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Porkie
Originally Posted by Dannn
Hit 144 today Did not think they would go that low!!
Just got in at 149 (to buy)....fingers crossed...
Just got in at 149 (to buy)....fingers crossed...
I outed mine. Made enough to pay for my little trip to Paris at weekend for Rugby
Fingers crossed for ya.
#162
Testing the future
Dannn exactly
i put £200 in my betting account and since 2 weeks i have been up and down. i am now £60 up, not a lot but it's free money
when i get £100, i will withdraw £100 and then when i get another £100 up i will withdraw that so that everything left in the account will be profit and then win or lose it doesn't matter
i put £200 in my betting account and since 2 weeks i have been up and down. i am now £60 up, not a lot but it's free money
when i get £100, i will withdraw £100 and then when i get another £100 up i will withdraw that so that everything left in the account will be profit and then win or lose it doesn't matter
#165
PassionFord Post Whore!!
Originally Posted by Cosworth Rallyesport
last trade of the day was 1,2million shares,somebody knows something.
Was it a buy or a sell.
I cant be arsed to view it.
Jake
#166
I've found that life I needed.. It's HERE!!
Join Date: Aug 2006
Location: UK
Posts: 1,249
Likes: 0
Received 0 Likes
on
0 Posts
Well it looks like my little flutter is coming to an end.
Do or die with my last £60 notes tomorrow morning - lol and if I lose thats the end of it for me.
Man I can see why people fuck themselves with spread betting.
Even putting a "stop" on to protect yourself can be a bad thing as I experienced twice day. Only takes the market to jump up and down for a minute or so and hit your stop value and close your order automactically (to lose) just to see it bounce straight back up a 20 secs later......
Do or die with my last £60 notes tomorrow morning - lol and if I lose thats the end of it for me.
Man I can see why people fuck themselves with spread betting.
Even putting a "stop" on to protect yourself can be a bad thing as I experienced twice day. Only takes the market to jump up and down for a minute or so and hit your stop value and close your order automactically (to lose) just to see it bounce straight back up a 20 secs later......
#167
10K+ Poster!!
iTrader: (9)
Join Date: May 2004
Location: birmingham west mids
Posts: 11,919
Likes: 0
Received 11 Likes
on
9 Posts
TBH unless you REALLY know what you are doing, spread betting is very very dangerous to play, IMHO if you want a return for your money buy the shares low, ( well duh ) and wait it out for a few months. At 250p a share people were saying they couldn't see it going much lower, now look at them , might be worth just buying them and waiting to see what happens
#168
must admit im tempted to buy £500 of shares to see what happens. Surely they cant go any lower??? Long term they can only go up especially if someone like HSBC does take them over?
#169
20K+ Super Poster.
iTrader: (1)
Join Date: May 2003
Location: Essex... and Birmingham!
Posts: 21,512
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by The Sludge
. Surely they cant go any lower??? Long term they can only go up
#172
PassionFord Post Whore!!
Join Date: May 2003
Location: Essex innit bruv
Posts: 7,598
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Porkie
Originally Posted by The Sludge
. Surely they cant go any lower??? Long term they can only go up
#174
PassionFord Regular
Join Date: Feb 2005
Location: Medway / Maidstone, Kent
Posts: 456
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Dannn
Even putting a "stop" on to protect yourself can be a bad thing as I experienced twice day. Only takes the market to jump up and down for a minute or so and hit your stop value and close your order automactically (to lose) just to see it bounce straight back up a 20 secs later......
The stock looks even more unstable given that no bids have been made by the large banks (HSBC, Barclays, etc.) and it's mostly private equity or a dodgy Spaniard who are trying to buy in...
Analysts have revised their forecasts down from profit next year to loss, and target prices by one broker were cut from 300p to 100p.
Not a great deal of room left now and it's on the floor!
#176
PassionFord Post Whore!!
Join Date: May 2003
Location: ESSEX
Posts: 6,467
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by The Sludge
I assume though, that it will be taken over eventually? It cant completely be lost can it?
#178
Originally Posted by xr2i-carl
Originally Posted by The Sludge
I assume though, that it will be taken over eventually? It cant completely be lost can it?
#180
Too many posts.. I need a life!!
Originally Posted by Shings
Might pull mine out and put it down to experience....
£250 quid down .... oh well...
£250 quid down .... oh well...
#182
PassionFord Post Whore!!
Originally Posted by broadmoor
Originally Posted by Shings
Might pull mine out and put it down to experience....
£250 quid down .... oh well...
£250 quid down .... oh well...
I dunno what you mean mate- I brought shares.. not spread betting.
I got £940 @ £1.90 each.
#183
Regular Contributor
Originally Posted by Shings
Originally Posted by broadmoor
Originally Posted by Shings
Might pull mine out and put it down to experience....
£250 quid down .... oh well...
£250 quid down .... oh well...
I dunno what you mean mate- I brought shares.. not spread betting.
I got £940 @ £1.90 each.
Usually known as "averaging down". Can also be known as "throwing good money after bad!"
Example: If you buy 1000 shares at a pound each, they cost you £1000.
If the shares drop to £5 each and you buy another £1000 worth, you end up with 3000 shares for 2 grand. Your "average price" is no longer £10, but £6.66...... per share, so instead of being £5 a share down, you are only £1.66 down.
Hope this rambling makes sense!
#184
Too many posts.. I need a life!!
Originally Posted by Shings
Originally Posted by broadmoor
Originally Posted by Shings
Might pull mine out and put it down to experience....
£250 quid down .... oh well...
£250 quid down .... oh well...
I dunno what you mean mate- I brought shares.. not spread betting.
I got £940 @ £1.90 each.
If you buy 10 green apples at £1 each and the price of apples goes down to £0.50p you should buy 10 more apples @ 0.50p each ..making the 20 apples you know own worth 0.75p each
#186
Originally Posted by Rodge.
Originally Posted by Shings
Originally Posted by broadmoor
Originally Posted by Shings
Might pull mine out and put it down to experience....
£250 quid down .... oh well...
£250 quid down .... oh well...
I dunno what you mean mate- I brought shares.. not spread betting.
I got £940 @ £1.90 each.
Usually known as "averaging down". Can also be known as "throwing good money after bad!"
Example: If you buy 1000 shares at a pound each, they cost you £1000.
If the shares drop to £5 each and you buy another £1000 worth, you end up with 3000 shares for 2 grand. Your "average price" is no longer £10, but £6.66...... per share, so instead of being £5 a share down, you are only £1.66 down.
Hope this rambling makes sense!
#187
Regular Contributor
Originally Posted by RichardPON
Originally Posted by Rodge.
Originally Posted by Shings
Originally Posted by broadmoor
Originally Posted by Shings
Might pull mine out and put it down to experience....
£250 quid down .... oh well...
£250 quid down .... oh well...
I dunno what you mean mate- I brought shares.. not spread betting.
I got £940 @ £1.90 each.
Usually known as "averaging down". Can also be known as "throwing good money after bad!"
Example: If you buy 1000 shares at a pound each, they cost you £1000.
If the shares drop to £5 each and you buy another £1000 worth, you end up with 3000 shares for 2 grand. Your "average price" is no longer £10, but £6.66...... per share, so instead of being £5 a share down, you are only £1.66 down.
Hope this rambling makes sense!
OK, in my defence, I typed it in a hurry!
#188
PassionFord Post Whore!!
Originally Posted by broadmoor
i should have also mentioned if your apples go "OFF" your fooked
Yeh at the moment this pussy dont like the taste of the milk.
I shall observe my position- but I was prepared to loose a long one... so if thats the case so be it.
Cheers for the explanations guys
Jake
#189
PassionFord Post Whore!!
Join Date: May 2003
Location: ESSEX
Posts: 6,467
Likes: 0
Received 0 Likes
on
0 Posts
the end of the day i cant see the company goin under
its a cash flow problem, they CAN make money and have been, just over zealous with the lending
Carl
its a cash flow problem, they CAN make money and have been, just over zealous with the lending
Carl
#191
PassionFord Regular
Join Date: Feb 2005
Location: Medway / Maidstone, Kent
Posts: 456
Likes: 0
Received 0 Likes
on
0 Posts
Anyone who has a decent amount of money to invest should look at investment funds with exposure to gold and gold mining stocks.
Gold is historically cheap (compared to 1980) and is a safe haven in a depressed market / economy.
Gold is historically cheap (compared to 1980) and is a safe haven in a depressed market / economy.
#192
PassionFord Post Whore!!
Join Date: May 2003
Location: Essex innit bruv
Posts: 7,598
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Shings
Originally Posted by broadmoor
Originally Posted by Shings
Might pull mine out and put it down to experience....
£250 quid down .... oh well...
£250 quid down .... oh well...
I dunno what you mean mate- I brought shares.. not spread betting.
I got £940 @ £1.90 each.
#193
20K+ Super Poster.
iTrader: (1)
Join Date: May 2003
Location: Essex... and Birmingham!
Posts: 21,512
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by xr2i-carl
the end of the day i cant see the company goin under
its a cash flow problem, they CAN make money and have been, just over zealous with the lending
Carl
its a cash flow problem, they CAN make money and have been, just over zealous with the lending
Carl
Why comment on something so big, when you clearly have no understanding whatsoever about it!!!!!!!
#195
PassionFord Post Whore!!
Originally Posted by RSrussell
Originally Posted by Shings
Originally Posted by broadmoor
Originally Posted by Shings
Might pull mine out and put it down to experience....
£250 quid down .... oh well...
£250 quid down .... oh well...
I dunno what you mean mate- I brought shares.. not spread betting.
I got £940 @ £1.90 each.
Nope
They're there till they double the 1k I put in or it gets to March....
I was up £500 ish earlier/yesterday, at £2.58 as I type so prob about £300 quid.
Shame I didn't stick another grand in but I didn't have the balls