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Hello Di

I got my pencil and envelope out and was surprised at how little the SP has to move ( at current spread ) to make a quick raid in and out quite profitable?
Or am I missing something? Can the MM's keep it too tight?

Regards Ruthie

most of today when i have checked, comdiect`s bid price has been higher than the mid-price, so in my thinking the mm`s want stock. am i right with that?.
dexter

wish i still had my Level 2 free trial!

Ruthies...A dangerous game to try to go in and out in the same day on a penny share. Unless you have lots in your fund I wouldn't like to try it. But that's just my opinion. I am more in this for the longer term. PS are you the same Ruth that posts on the traders side?
Di

Di

No not me. I rarely go there. Occasionally look at posts under the ISA SIPP thread that's all (usually I don't understand most of it).

Ruthie

Well, finally couldn't resist it.

I think next week's price is going higher after weekend press comment etc.

I'm in for the long haul.

I guess EVO's 20p target will be nearer 25p short term with this current upward momentum.

So I went 50% overweight.

If I'm wrong, I'll just have to buy even more on the dips.

Woof, woof!

SD

Stock Dog - I too have gone overweight - hope we get this right

Have a good weekend !!

Flippin Heck

bought another 15k at 16.75p.....cant see this doing anything but rising at present.

ps
a well kown tip sheet has recommended this with a buy limit of 18p :o))

I did have that well known tip sheet's buy limit in mind too! In at 16.95 if you want to know.

What is overweight, does that mean your portfolio is top heavy with SEO.... Still learning the technical jargon...

AdieH

My strategy is to divide my available funds equally across all holdings. This is described sometimes as equal weight - a fairly good basic ploy for a relative newcomer.

Evidently, if one can pick the right ones, investing more heavily in winners will enhance your profits.

For the first time, I have decided to allocate 50% more cash to SEO than to my other holdings, since it is the first time I a) have enough practice at simple buying and selling and b) have identified a stock which can't lose - at least over say a further 2 year period, but probably much nearer term as well.

Hope this helps. Wish me luck!

SD

Thanks Stockdog, appreciate the lesson... Think I am very overweight on SEO now...

I am overweight too - at 18 stone - but I have also approx 50% of my portfolio in SEO - not something that I have done before - I usually try to keep a balance portfolio like Stockdog

I don't blame you bhunt. A nice position to top slice from as it goes up through certain levels. Where do you reckon that first level might be?
SD

Glad to see your all still with us then.

stockdog.

Are you saying that you should have the same amount invested in ,say BP,SHELL,TESCO,etc: as well as Caledon resources, New millieneium, and Toledo mining ? don't think that would be very wise, if you don't mind me saying.

Being a novice at this I am following the advice of other more seasoned practicioners who seem to indicate that 20p is a realistic target - although this seems to be being talked up.- I still a bit concerned about the 38m shares being released to the market on Monday

Those investers who are overweight in SEO, have you any stop-losses in place or have a short on say 25% .

Aldwicck

No, I should qualify that, you're right.

I was referring only to my FastBuck Portfolio (as I call it) not core long-term holdings of dividend growing major companies, which I lazily (cowardly?) leave to Fund managers. I've also got the recommended immediate cash resources available on deposit for the various unexpected turns of life. My FastBuck fund is money that would not change my life if I lost most of it (heck, I'd be damned annoyed though!). Oh, I feel so ADULT saying things like that!

I've set myself a little competition to see if a relatively small portfolio personally, actively managed will result in the same pension fund as a much larger fund (4 X) managed by professionals. So far I'm where I want to be.

I'm also having a lot of fun on the way, finding out about biodegradable plastic meat lids, coffee houses in Warsaw, oil (and gold) in the Falklands, but especially meeting to all you guys on the boards.

I have a bizarre fantasy about actually visiting all the places where the companies in which my money is invested operate around the world - Jules Verne, but in a bit more comfort. Do you think there'd be any takers for a charter flight one way round the world?

Happy weekend everyone.

SD