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UK Stockmarket 2009 and beyond

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  • ses6jwg
    ses6jwg Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Got my bitter taste of share dealing with UNIQ

    Held at an average of 25p with a total stake of £800.

    Rocketed up to 46p and was sat on a 120% profit.

    Sold today at 26 with a profit of £90.

    Very bitter.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 8 December 2009 at 2:40PM
    If it goes up that much, you can spend a bit more on commission I figure and maybe split it into quarters when selling or half since it was not much total.
    Could uniq not rise back up again?
    Very bitter.
    never regret a profit, it was a free lesson? If it was me I would have not had the sense to sell at a profit :laugh:


    Lots of falls in banking cumulatively lately. Rbs back to 30p which they havent been for a while, much more appealing then their previous 56p though its on back on negative news, I think that news was always there

    i really dont like rbs any more, but maybe it could turn a profit like a game of russian roulette the odds are bullish


    Lloyds is depressed also, for less good reason and partly distribution during these massive rights

    Barclays is retouching 285 right now and a reasonable bet I reckon. They'll do quarterly div and should appreciate. It might circle in a holding pattern for a while at this price range, 260 to 320 would be a repeat of its previous actions earlier this year and this stock does like to repeat itself

    Stan chartered and Santander are probably good buys at any point, Im not expecting great weakness here without the whole sector. Sant is still high div ?
    Hsbc is somewhere in the middle, its risen harder then Stan, unfairly I think but not surprising considering they are listing or have listed in china now

    Just people mentioned banks previously and the price was too high imo, its improved a bit is all I figure



    Tony, everything Ive bought recently has been flat or declined mostly. I dont regret buying it but your not far wrong really. This has been true a while now.



    So long as the long term prospects are reasonable, buying back into a stock you like at a lower price makes sense to me. Im just never that sure of a fall so could not cut everything like that


    z8735819.png
  • tonygee_3
    tonygee_3 Posts: 432 Forumite
    Lots of 'falling knives' at the moment(smallcaps) question is when to start catching.:eek:
    I suspect these more volatile smallcaps are simply acting in advance of the larger companies,as they did in March when the rally began.It is hard to believe the big shares will be unaffected,just a reluctance at the moment of holders to give up decent divis.Think it speaks volumes that kittie as sold out.;)
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    tonygee wrote: »
    Think it speaks volumes that kittie as sold out.;)

    But not an uncommon occurance, I think icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    edited 8 December 2009 at 5:15PM
    StevieJ wrote: »
    But not an uncommon occurance, I think icon7.gif

    I think I am still a trader at heart :D

    oh, look I confess. Within the last couple of hours I bought 5 of the big ones back but with more shares for the same money. I feel uneasy with the small caps so I have bought big caps with international exposure I also feel uneasy with all my cash in one sipp basket too, remember the banks!! . I always do a breakeven point, including all costs for any biggie that I might want to buy back and then I go in below that point. Today was a good opportunity. I got a divi drop from bp today, a really nice amount and it makes you think re sipp cash rates
  • turbobob
    turbobob Posts: 1,500 Forumite
    ses6jwg wrote: »
    Got my bitter taste of share dealing with UNIQ

    Held at an average of 25p with a total stake of £800.

    Rocketed up to 46p and was sat on a 120% profit.

    Sold today at 26 with a profit of £90.

    Very bitter.

    You picked a winner so well done on that. You could have sold earlier and maybe there were signals? I don't know the share. I tend to keep before and after charts printed up with notes about why I bought or sold and try to learn from any mistakes. Still make 'em though :rotfl:
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    ses6jwg wrote: »
    Got my bitter taste of share dealing with UNIQ

    Held at an average of 25p with a total stake of £800.

    Rocketed up to 46p and was sat on a 120% profit.

    Sold today at 26 with a profit of £90.

    Very bitter.

    Never ever look back. A profit is a profit is a profit

    We all sell some stocks at a loss and in the early days I called it `training fees` because it is important to learn. You made a profit and a wise older head in the old days said `always take your profits`. None of us know when we reach the bend at the end and TA isn`t always reliable because machines trade faster than we can and quite honestly, many stocks turn on a sixpence these days
  • jimmyss1
    jimmyss1 Posts: 44 Forumite
    ses6jwg wrote: »
    Got my bitter taste of share dealing with UNIQ

    Held at an average of 25p with a total stake of £800.

    Rocketed up to 46p and was sat on a 120% profit.

    Sold today at 26 with a profit of £90.

    Very bitter.

    Don't worry, you're not alone! I did the same with UNIQ and I suspect a lot of others did too.

    I orginally bought in at 15p in April. I was over 200% and 6k in profit, as it traded in the 40's in October. Unfortunately, I got greedy and wanted more, so when it slid back below 40p, I threw some more money at it. What a mistake that was!! I eventually sold out last week at 28p.

    Although, made a profit on the original 15p buy, most of it was wiped out by the buy at 39p. Anyway, as others have said, a profit is a profit and we just move on to the next one.:)
  • uk_steve
    uk_steve Posts: 375 Forumite
    edited 9 December 2009 at 2:53PM
    profit is profit! i did 1 and made £1.22 or something like that,
    also my boo boo's this year to date are CTT and RLX which = I'M ASSUMING LOSE THE LOT

    I still not purchased nothing new in the last few days and to be honest i cant see i will this year now

    On the whole i had a cracking profit year so its time for me to enjoy the break now and stop screen watching for a few weeks i think

    unless my price alerts on my phone are set off then i may look then

    I have gathered great info from you lot and i like to say thank you

    have a good holiday all and Good Luck!!
    See you soon ;-)
    Oh well we only live once ;-)
  • ses6jwg
    ses6jwg Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    old woman ftse taking a beating, how far will she go?
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