anything under 7 cheap cheap cheap. good div. just paid. chart looks sick

Tabby - that's not covering, it's adding - or increasing. I'll cover part of it in due course below 220, maybe below 210. And it was at the same price as I sold on Thursday. And is already well in profit.

My target price for the whole position is the low 200's - stop loss is 240's. Each new tranche that I sell (ie 'add') and part cover (ie 'reduce') within that channel increases the total position size, banks some profit, and edges the weighted entry price a little closer to 240. It's called 'building a position'. Educate yourself and look it up.

You don't get this trading lark, do you?

He doesn't get the investing lark either.

Gausie.when you say trading.what in fact you mean is bullshitting.same meaning to most traders!.and like an Aberdeen Angus.you are blessed with more than your fare share of bulls shit!.. or Bear shit depending on whom you are trying mislead. Why dont you stick to the traders thread where you will feel at home.

Tabby - I'm going to pick up on Al's comment.

You're hostile towards me and your so called 'crazy gang' because you believe us to be hostile towards MDX and towards you having taken a long position in them.

I don't think you understand the dynamics here.

Nobody is in the least bit critical of you for having opened your position in MDX. You did the research, you liked what you saw, you bought. Nothing wrong with that at all.

Criticism is justly levelled for what happened afterwards. The share price just fell and fell. Other more sensible MDX investors shrugged their shoulders and said 'fair enough - I got it wrong' and sold.

The suicidal investors (the ones you call 'strong holders') are those who are arrogant enough to think they 'never get it wrong'. Every time you state that you're always right (recently I note you've changed the phraseology to 'almost always right'), you reaffirm your membership of the financial suicide club.

It is these suicidal investors who are justly subject to criticism. Buying the initial stake arguably had merits. Holding on after the market had proven the buy wrong was inescabably stupid. Continuing to hold in the belief that you're right and the market continues to be wrong is a ruinous mix of crass stupidity and egotistic arrogance.

So - to summarise - You post in the way that you do as a reaction to your perception that people criticise you for buying MDX. There is, in fact, no criticism for having opened your initial position. But you deserve everything you get for having held on to it.

G xx

Tabatha - "investors wont be sucked in!"

They always are. ;-)

Does that mean MDX sucks? (Oops, sorry, wrong thread.)

mightymouseyou are fast becoming a medal hope or is that mental?

There's probably a product to help, MM, so don't worry. ;-))))

Added 233

Oi Chilli. Please leave MM alone. He's my favourite.

Done!

How are you doing mightymicro.hope lifes treating you welltake care...
Gausiehad a quick skip through your puntsit dont look very good to mebut I am sure you will convince me you are thousands in frontthere has been low calls from others as well1-70 from one guy that I wont embarrassand another that agreed2-37. seems a little wayward? Could well go downbut a silly call just before Xmas. incentives.. But Im just a lucky thicko

Well, they wouldn't look very good to you, Tabatha. You haven't a clue what you're looking at. ;-))

BouncyI am the one that is comfortable enough not to have to workyou have to work on an oil rig.you dont quite get it do you.
chipboard and long grass
plastic and bills
no friends around
no fancy frills
traders articles wrapped in my chipsthese are a few of my favourite tips bouncydoes Julie.....The Sound of Losing It!!!

Tabatha - you send the wife out to work instead.

As for myself, I don't have to do anything.

Another sign of retail downturn!

A closing down sale is to begin at Woolworths tomorrow morning after administrators failed to find a buyer for the high street chain.

Job Fears As Woolies Rescue Fails
Fears are growing for thousands of Woolworths staff after the administrators said they had failed to find a buyer for the troubled high street chain.

Woolworths, which has 813 stores, collapsed last month after a rescue deal fell through.

It employs 30,000 staff, with around 25,000 working in retail.

Call me old fashioned haystackbut wtf has that got to do with M&Scouldnt think of two more different storesM&S dont need another 20% daysold enough Christmas stock to not have to worryunless you went in Woolworths thinking it was M&Sthat figures!!!M&S are green.Woolworths are red.you will usually find Colin and his shammy with the loped off ladder doing Woolworths windows!!!

How would you know what colour they both are? Thanks for letting me know, though.

Cos I get out bouncyI dont sit in front of a screen 24/7 slagging off someones investmentits called a lifeas opposed to an existence!

LOL!

You forget I travel all over the place, dunderheid.