What is the riskiest share you have bought?

LeeSouthEast

Ha, I pumped £200 into Connaught yesterday. Time will tell if that's a good move or not . With the way their price was when I bought, I'll either make a couple of grand in a few years time, or be down £200. Worst case scenario is quite bearable!

opinions4u

Marconi. I was simply playing with a sharedealing account and trying to balance out my portfolio with a little bit of risk.

100% loss of a small amount!

HBOS comes second. Safe blue chip share. Piled in to share options as an employee and lost over a year's salary for my trouble. Still around 96% down after the Lloyds rescue.

ses6jwg

My shares profile is quite high risk and very concentrated

Gulf Keystone
AMINEX
BP
Rockhopper Exploration


Yes... I love oil and gas shares.

Rockhopper and Gulf Keystone have done me well, bought each at 49p and 32p respectively.... BP at £3.01 tucked into the ISA

I also hold Workspace Group, and Greggs in my ISA

Then a couple of funds, Jupiter Financial Opps, HSBC ALL Share Tracker Fund.

I'd say my appetite was for high risk and volatile.

I've seen Gulf Keystone hit me with a paper loss of 40% on the second batch I bought at £1. Now they have recovered again.

Patience favours the brave.....

Reaper

ses6jwg wrote: »

Yes... I love oil and gas shares.

Must say I had expected this thread to be filled with AIM listed high risk mining and oil stocks but (other than BP) you are the first.

There has been a lot of discussion recently about small unusual companies (e.g Cadogan petroleum with its dodgy goings on) but maybe people didn't actually go through with it and buy. Or don't think they are risky!

Ron2256

luscious_lucy wrote: »

BP 3 months ago!

I've done the BP thing too. Bought a few around March. I was over 50% down at one point but I decided to sell a few BT after a nice rise and buy more BP at 341p. My average is 445p and I am lot happier now.

Also bought easyjet two weeks before the icelandic volcano went off. Sold at a small loss.
That's what you call a black swan I guess.

Masomnia

What? Short Gold ETF (not really a share but hey).
Why is that risky? Exposure to a volatile commodity, plus currency risk, not an investment so much as speculation...
Why did I do it? What goes up must come down, it's so widely advertised as a good invesment... and I've been banging on about how gold ain't that good to the bugs that I thought it was time I put my money where my mouth was. Plus I'm expecting USD strength.
Any regrets? Not as such, it's down around 15%, so it's not too bad. Should've waited longer before I piled in.

Geoffo_M

nelsoncork wrote: »

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Mikeyorks

ses6jwg wrote: »

Patience favours the brave.....

Very true ......... but I need guidance on when to be impatient!

I bought M&S at around £1.60 ........ and held on to them through £7.70. On the premise that there may be a bit more profit in them!

But at least - with scrip dividends - I've got a few more shares to sell once someone shakes me and says it's time to get rid.

sabretoothtigger

To be fair this is the most relevant place that spam has landed to date. I dont think I own or even know of one canadian stock though, SL is 25% Canadian apparently

whether the share price will go up or down but whether you will get wiped out completely. As I write RBS is discussing a debt-for-equity swap which could mean the shareholders lose everything. That's too much of a gamble for me.

ironic that rbs itself had the same situation 18 months ago or now even

If rbs had gone under then CNT would have been dust within a month I guess


Speaking of which leads to SKR. Formerly owned in large part by Lehmans who had their shares in the 2008 commodity boom (another massive loss for them). This is a former USSR potash miner. Massive potential, big risk and has recently risen a bit due to wheat shortages even though they are not an active company really.
Probably going to keep going down till they are. Turbobob mentioned them at some point I think, they have not gone anywhere since particularly or were expected to, i had a theory based on chart which hasnt really occurred

Most risky share would be RRL which is a Somalian warlord oil exploratory venture. Hopefully the company directors dont get kidnapped for ransom, they cleverly contributed 100k towards an airport as boats are a problem I guess
The company goes back 20 years in Australia, RRS and the chart looks awful till this year when they listed here and took up various other oil and gas assets. Done well till I bought recently now border line if its going up or down

What? Short Gold ETF (not really a share but hey).

shorting is more liable to fail usually though who knows with commodities. Is it leveraged

I hold an inverse ftse tracker. Should probably have traded this not held, its really a very clever hedge :cool:. I have an exit plan but 4800 was too high I thought, always uncertain


RKH was a good one, nice. Was even possible to buy after the fact. Also north sea oil recently discovered

I sold GKP today at 123p as I think it is risky, a potential warzone both in iraq and the kurds have a fight with the turks.
Would like to buy on a pullback though and wish I had got more at 60p in order to have kept a bit



Why is Alpha such high yield. Its property trust with revenue from tourism ? I own an Indian infrastructure company that aim to take part in ports and railway type build which india needs, doesnt mean they succeed, zero yield


Riskiest share I used to own was Hyder. 30m company and they since more then doubled. Lots of outside income, low debt and good engineering expertise wanted by the world. Probably still good but I have to take profits to recycle the cash


Hundreds of risky shares are listed and played in a monthly game here:
http://stockchallenge.co.uk/

westy69

Well i'm in most of whats been mentioned here - RKH,RRL,AEX,PMHL,IAE,XEL i want to be in GKP if theres a retrace, RRL i think the risk is well worth the possible reward its at a great price at the moment IMO just waiting for a further good news push.

great thread by the way :beer: