Every where you look the news is full of doom and gloom about currencies and the markets, and rightly so. But, and it's a big but, some companies will ride out the storm, offer reasonable dividends and offer a buying opportunity. Obviously the 'cranks' will say their small cap tiddler is worthy of a huge upgrade in share price but maybe a flight to quality is where we should be ( I can't believe I am saying this!). Maybe the collapse in share prices might be an opportunity for some quite juicy M&A activity.

So here is my list of a few stocks I am watching for buying opportunities and why:

Misys; M&A activity bidder Fidelity National Information Services (FIS) walked away last week and shares came in for big sell off. Unlikely FIS will bid again just yet but if price continues to collapse might return.

SportingBet: M&A activity bidder Ladbrokes? Still rumoured out there with 70p bid. Perennial bid favourite but might be one to get dirt cheap.

Lloyds. Madness, yes I know, but below 28p I might just put some away for a rainy day, a pure punt.


Anyone else got some stocks to watch?

I would also like to know the best way to sell physical gold if you discover it Spacey.

Gold is at its current price by speculation, the world has plenty of it, and it is not much use for anything, so I have sold all my holdings this week as it will fall imho of course.

Splat: You will get a least 20% of the value of your gold here :-)
http://www.cashforyourgold.co.uk/

Bernard M

Are you talking about selling your gold mining share's or physical gold

There's gold inside every mobile phone and the Asian's buy it like crazy for jewellery. Those two things together are what sustains a persistent good demand. IMHO,of course.

I always think the best way to get involved with 'gold' is to buy/sell GBS. The GBS chart almost exactly mirrors the gold chart.

If it is Physical gold and depending on how much you wish to sell why not try Ebay? I know a large precious metals dealer who has sold a considerable amount using Ebay for many years now.

Currently Kruggerands on Ebay are being bid up to 1119.99+ on auction and Buy it Now prices are a silly 1300 + considering you can buy from Baird's at 1141.5

I looked for a gold hedge as Martini has got one, couldn't find a thing so went for this..

:)

If you want to sell physical gold such as jewellery then Hatton Garden is the best place. My aunt died and I inhereted all her stuff. She used to make gold jewellery as a hobby and she had a few gold bars (just a few ounces). I did quite a bit of research and there are a numbers of metal smelters in Hatton Garden. The is quite a big one on the east side (quite a way down on the right going down from Holborn). They give a very good scrap gold price based on the gold fix every day. I used to have an office in Hatton Garden for several years and I realised that the worst place to take gold is a jewellers

I have been told Hatton Garden Metals is good for selling gold, mine is bullion not coins. I bought it on ebay but I am less happy about selling it there.

i have been an active investor for 15 of the last 20 years.its my opinion that the gold price is a bubble waiting to burst. my reasoning?
stocks are being sold indiscriminately and punters are going for the 'safe haven' of gold.what will happen when a recovery occurs (as it surely will)? punters cash in gold to get back into stocks/shares.

out of interest i did a mental calculation of the volume of gold good old Gordon sold.it would fit into my garage......btw ...no point in looking there lol

Thanks Haystack, Spacey and Bully :) for your info.

Double or single garage, superrod?

single garage. keeping on the domestic theme, i recall reading about 30 years ago that all the gold ever mined would fit into an average semi detached house.that got me thinking about photos i'd seen of the gold reserves in fort knox, and whether they were faked.

Excellent viewing - Gove accuses Harman of 'double dealing' on riots cause

Another quiet day on the markets then! At least the cricket is looking good.

Buy end of the day, and sell following day before 11am works for me.

Time to think about panicking again? :)

Some great buying opps, I am shorting on my day trading, but ready to build my long portfolio. Shorting is despised by many, but I have made more money in the last two months shorting than in the last two years on my long portfolio.

sofa so good martini :-)