bosley
- 20 Feb 2004 09:34
Biscuit
- 30 Sep 2005 08:04
- 10340 of 27111
Afraid not chaps, selling on the speculation that the price will drop and then you can get back in again, is, by it's very nature Trading, you are speculating that the price will come back down again for you to buy back in. You have know way of knowing that there will be no further announcements to push the price up further, i.e. you are speculating. I'm afraid this is the sort of stuff that the majority of people who buy shares con them selves about and why there are so few genuine investors.
prodman
- 30 Sep 2005 08:17
- 10341 of 27111
Biscuit - As I said before when I first bought these shares, I bought them as an investment, but for me the price started to drift back down which triggered my stoploss so I sold, I never said I would buy back in, at the moment there is too much uncertainty for further investment, I did say (you can always get back in later if you so wish) but I'm not looking at the moment to get back in.
greekman
- 30 Sep 2005 08:21
- 10342 of 27111
I buy/sell shares to make money. Many things dictate when I buy or sell, which means sometimes I buy/sell same day ( very rarely ) sometimes sell 2/3 years later. Am I a trader, investor or a gambler. There is no defining times between a buy/sell which dictates that you suddenly go from trader to investor.
Definition of Investor.
To commit (money or capital) in order to gain a financial return: invested their savings in stocks and bonds.
Definition of Trader.
A person engaged in buying and selling, One that speculates regarding the future turn of events.
Gambler
One who speculates for quick profits.
They all appear to fit dealing in shares ,so its as clear as mud.
Most of us consider a person who buys/sells over a short period as a trader, whilst most consider a person who buys/sells over a medium/long period is an investor. I am sure we all agree we all gamble when we deal in shares. Does it matter anyway.
stockdog
- 30 Sep 2005 08:25
- 10343 of 27111
All you can do is plan the trade and trade the plan - to each his own. At best we can all aspire to be good planners.
sd
Edit: PS. Currently I seem to have a plan that has proved to be woolly, and hence I am suffering. Memo to self - make a better plan.
Biscuit
- 30 Sep 2005 08:26
- 10344 of 27111
Very well Prodman, I don't understand the "uncertainty for further investment". I think the RNS announcements from the company have been very clear and unambiguous. I do notice though that you have just started posting here apparently with no further interest in "investing" in the company and talking about the "uncertainty" in the future. My main point then would be why would you waste your time posting here???
greekman
- 30 Sep 2005 08:29
- 10345 of 27111
href="http://www.theaustralian.news.com.au/common/story_page/0,5744,16770870%
Second food group lifts prices
By Vera Devai
September 30, 2005
NATIONAL Foods, the nation's largest milk producer, will put up the prices of some of its products by up to 8 per cent, citing soaring fuel costs.
"The one (reason) that's invisible is that crude oil is also the raw ingredient for plastic packaging and there's been big increases in plastic. The Australian Consumers Association (ACA) said the increases could be just the tip of the iceberg, with other foods likely to get more expensive because of fuel costs.
Every where you look anything to do with petroleum based products just keeps getting more expensive.l
stockdog
- 30 Sep 2005 08:31
- 10346 of 27111
Biscuit - you're beginning to sounbd a bit desparate if you don't mind me saying. I think Prodman is generously sharing his experiences with us for our greater good. Don't knock a man who has done it better - learn from him.
btw - I am still holding and still in profit, but I would have been wiser to follow Prodman and Andysmith some time ago. I know it, I admit it, I regret it, am older and wiser - well older anyway.
sd
bhunt1910
- 30 Sep 2005 08:35
- 10347 of 27111
Hind sight is a wonderful thing - try telling that to all those punters who sold at 8p having bought at 6p and made 30% profit
Yep they made a profit - but could have made 500% if they had held and sold at 30p
Baza
Bema
- 30 Sep 2005 08:37
- 10348 of 27111
.....thing is i did the same as prodman and andysmith, now i'm buying back big time at these lovely prices!
Who is correct?
This is what makes a market.....
prodman
- 30 Sep 2005 08:45
- 10349 of 27111
Biscuit - Why so hostile? If you look through all the posts on this and Traders Room you will see I'm not a regular poster at all, only on the FTSE comp thread.
I did say "at the moment there is too much uncertainty for further investment) I will be waiting for further announcements.
bhunt1910
- 30 Sep 2005 08:47
- 10350 of 27111
Well here comes my zebedee bounce
Baza
bhunt1910
- 30 Sep 2005 08:49
- 10351 of 27111
Come on chaps and chapesses - each to their own. We all have different strategies and timeframes - its just like a car boot sale - one mans rubbish is another mans gem - provided they can agree on a price.
Baza
Bema
- 30 Sep 2005 08:54
- 10352 of 27111
Zebedee bounce? Are you a "new-age-hippy-chartist" or something Baza? ;o)
bhunt1910
- 30 Sep 2005 08:55
- 10353 of 27111
Not sure if you find this useful - but I will post raandomly - unless you think it is cluttering the thread.
Now 2:2 @ 16.25 : 16.75 and 150k : 150k
Baza
Bema
- 30 Sep 2005 08:59
- 10354 of 27111
Very helpful Baza, i'm still looking to add but have paused whilst i gauge direction.
bhunt1910
- 30 Sep 2005 09:01
- 10355 of 27111
Could go either way at the moment
shamona
- 30 Sep 2005 09:05
- 10356 of 27111
I'm a vet, been called about a dead cat apparently bouncing here; anyone know anything about it?
paulmasterson1
- 30 Sep 2005 09:08
- 10357 of 27111
paulmasterson1
- 30 Sep 2005 09:11
- 10358 of 27111
Going up at the mo', and no reason why it shouldn't continue, bye bye to the last few days of sellers, pay more to get back in ..... Bbbbmmmmaaaaaaa !
Cheers,
PM
shamona
- 30 Sep 2005 09:14
- 10359 of 27111
masterson
I know you read my posts and don't filter anyone, i've caught you out on this weekly for years; in the light of this could you answer me just one question and i'll never post here again?
You say Stanelco will go to 20 per share, this will put it on the same market cap as Oil giant British Petroleum, can you honestly say a company with a tray lidding idea is one day going to be on a par with this global major?