bosley
- 20 Feb 2004 09:34
moneyplus
- 20 Feb 2005 16:08
- 1634 of 27111
I am still the buy and hold investor as looking at the spread on spread bets the SP has to move quite a way to make a 1000 at say 20 a point-I'd rather st and wait I think. Shame as I've just seen a dream house and I really would like to magic up 800k next week! well --I can dream can't I? maybe SEO will gallop ahead next week.
Fred1new
- 20 Feb 2005 18:35
- 1635 of 27111
Have similar feelings.
EWRobson
- 20 Feb 2005 20:21
- 1636 of 27111
Hesitate to say it because of the pride cometh before a fall but 600%+ up via CFDs. Haven't set out to trade the share but rather run the profits. I did have to close a position when the price came back and was lucky to get back in somewhat lower as a result of the NLR run - this is the risk side of that route as you can be forced to close positions very quickly if you have reinvested the margin.
mp: how has the spreadbet compared in % terms? Essentially, the CFD % comes directly from the 4:1 gearing. You could state the result higher than that as one position was the reinvestment of the margin so not new funds. Lovely while it lasts!
Eric
Fred1new
- 20 Feb 2005 20:56
- 1637 of 27111
You are beginning to get me jealous.
EWRobson
- 20 Feb 2005 21:19
- 1638 of 27111
Fred: if you can't beat em join em! EWR
FILTHY POOR
- 20 Feb 2005 21:58
- 1639 of 27111
EWRobson
"Seen me off"
Why would you want to do that?
moneyplus
- 21 Feb 2005 01:04
- 1640 of 27111
Don't forget Eric that CFDs are subject to CGT and that takes the shine off-but spreadbets are tax free, Even so well done 600% return is fantastic keep it up!
markusantonius
- 21 Feb 2005 02:05
- 1641 of 27111
Moneyplus,
My mate tried to place a spread bet on SEO last week only to be told that they were refusing all bets on it for the forseeable future. I think they were 14p-ish at the time. Tax advantages - yes. But the spreads are massive and there is always the chance of an intra-day mega-dip - and even if only for a few moments - this can result in a closed position (say if it reaches your stop-loss) in a blink of the eye! A CFD carries more visibility with the spread and a 30% margin with SEO [presume this is the margin here, Eric?] would act as a reasonable buffer, I think.
cc - Trust I've explained this correctly, Eric?
Regardless - Stanelco looks good for the long term whether it be a wager, a CFD or an old fashioned punt.....!
Kus.
bosley
- 21 Feb 2005 07:22
- 1642 of 27111
good morning all. blue. all week. blue. thats my predictaion. we have had the dip last week, and possibly found a support level,(filthypoor, still waiting for 6.5p?) and now we should stay nice and steady to the prelims.
bhunt1910
- 21 Feb 2005 08:07
- 1643 of 27111
Moorning Bos - hope you are right
B
FILTHY POOR
- 21 Feb 2005 08:45
- 1644 of 27111
Still waiting.
Don't get too excited about the prelims.
shao
- 21 Feb 2005 08:54
- 1645 of 27111
I'd love it if we beat them! I'd bloody love it!
Kevin Keegan
bhunt1910
- 21 Feb 2005 09:29
- 1646 of 27111
Ticking up nicely
AdieH
- 21 Feb 2005 09:29
- 1647 of 27111
Looks like being a busy thread again this week, Glad I got back in last week...
hossa
- 21 Feb 2005 11:27
- 1648 of 27111
Hi everyone,been following this thread for a couple of weeks now and have invested a few bob on the strength of your research and comments. I would like to thank all for their posts which have been very informative for a beginner like me. Glad to see that we have got over the nasty bits from last week and can now look forward to a positive thread continuing. Thanks again.
T
AdieH
- 21 Feb 2005 11:33
- 1649 of 27111
Results due next week so keep an eye on sp, not sure which way the sp will go but if they manage to tie in some information regarding trial with Asda then this might protect sp as I don't think the results will be that positive...
AdieH
- 21 Feb 2005 11:47
- 1651 of 27111
Happy with my little holding, will try to top up if the sp does fall after results, if it does like you I believe it will be short lived, 20p here we come...
Biscuit
- 21 Feb 2005 12:10
- 1652 of 27111
Why would anybody be selling at this stage??