bosley
- 20 Feb 2004 09:34
bosley
- 19 Apr 2005 14:48
- 3103 of 27111
tesco is often quoted as a safe stock to buy. if there was a story in tonight's news about a food scare affecting tesco's own products , what would happen to the share price tomorrow? how safe is it now? buying seo is risky. in it's current form seo is a new company with new technology. last year it announced a deal with reiser, this year there is a deal with asda. it is a blue sky , jam tomorrow company. there isn't much in the bank and the excitement is all about potential future sales. absolutely nothing new in what i have said. we all know this and have chosen to invest our money in seo. i guess the safest thing to do would be to wait for a few years , see if seo's technology does become a big money spinner. if it does, then you will be buying into a company with proven technology , a bag full of orders and plenty of money in the bank. but you will have to pay a lot more than 20p a share. on the other hand seo may do a bprg and collapse , in which case you were right to wait and see. so dyor , make your own choice. i chose to invest my money in seo because i like what i see, i like the potential of the company, and i like the feeling that i got one right at the start!!
so it doesnt't matter what anyone else thinks.
016622
- 19 Apr 2005 14:51
- 3104 of 27111
(and place a decent stop)
bosley
- 19 Apr 2005 14:52
- 3105 of 27111
that's what i wanted to say before but instead it came out as ....who gives a sh*t?
Jacks
- 19 Apr 2005 14:53
- 3106 of 27111
Insider, where do you get your information? Your comments contradict everything thats been posted on this BB and the National Press. I work in the packaging industry and there is genuine excitment reagding SEO technology.
Biscuit
- 19 Apr 2005 15:05
- 3109 of 27111
What is the size restriction on buys at the minute? Interesting to see the 25k and 50k buys at 20.85.
Chiva20
- 19 Apr 2005 15:13
- 3110 of 27111
Driver, looks like my birthday has come early ..
bhunt1910
- 19 Apr 2005 15:18
- 3111 of 27111
I am being quoted 21 for 50,000 on Barclays SB
You can also get 21 for 100,000 on a limit order
Baza
jimmy b
- 19 Apr 2005 15:20
- 3112 of 27111
Naughty Naughty,we don't mention his name on here,he's nearly faded away..JB..
Biscuit
- 19 Apr 2005 15:23
- 3113 of 27111
Cheers Baza
bosley
- 19 Apr 2005 15:28
- 3114 of 27111
baza , just opened an account with barclays. i would be very grateful if you and eric , and anyone else who has experience of cfds, would email me with a step by step guide on dos and donts, ( me being a virgin ). thanks in advance.
ssanebs
- 19 Apr 2005 15:32
- 3115 of 27111
insider
why is the price going up. Strange?
bhunt1910
- 19 Apr 2005 15:43
- 3117 of 27111
Lets hope those shorters are feeling the heat ??
Baza
Jacks
- 19 Apr 2005 15:48
- 3118 of 27111
Sorry everybody. Should not have asked him any questions, I like you would rather him steer clear of this BB.
bhunt1910
- 19 Apr 2005 15:50
- 3119 of 27111
Bos - I think the biggest DO from my point of view s to watch your position like a hawk and never go away leaving an open position. The great advaantage of a CFD is that it can make you money 10 times quicker for the same outlay (or 5 times quicker in the case of SEO as the Notional Trading Requirement is 20% instead of 10%) BUT the big Risk is that if it goes against you - You will loose money 10 times quicker(5 times for SEO) - so you just need to keep a sharp eye.
Also if you are short and a dividend payment is due - you end up having to pay the dividend, similarly if you are long - you will receive it.
Plus I understand it can be painful financially if you have an open position and a rights issue is declared. Not sure I understand that one yet - but just be aware that any corporate action might hurt.
I bought my first CFD in SEO at 15 which is nice - but equally I bought a CFD in NLR at 530 - not so nice.
Good Luck - but be careful
Baza
Chiva20
- 19 Apr 2005 16:08
- 3120 of 27111
Wise words Baza, I'm a big fan of CFD's but they need constant religious attention. Much prefer them over traditional share buying & selling as the returns can be pretty amazing. To date I've not had one blow up in my face (luck rather than judgement I'm sure), however I'm know it will happen one day, as soon as I get cocky no doubt! All depends on the amount your prepared to lose so I would avoid the volatile stuff no matter how tempting. Great for relatively safe stocks like SEO.
Hope I'm not teaching you to suck eggs here, I'm very new to this (& love it), this is just a snippet of what I've learned.
bhunt1910
- 19 Apr 2005 16:21
- 3121 of 27111
Suck Eggs!!!- I have been trading CFD's for at least -ooh let me se - 4 weeks or so - so I have lots of experience - NOT. Am therefore a bit of a novice - so am treading carefully until I feel I fully unsderstand them.
I suspect Eric or GF are the experts
Baza