Your Top share for 2011

peterg1965

JonnyBravo wrote: »

Whilst that may be the case for some shares, to label a whole market in that fashion shows how naive you are.
Take my example. Dual listed on the main Canadian market. Does your rule still apply?

As for your sharedealing "rules". Never sell at a loss? It would have interesting to see how your rule would have helped you in, for example, Northern Rock or Marconi.

All shares carry some risk. It is not defined by market or exchange but by share.

I am many thing Mr JonnyBravo, but not naive. in MY opinion AIM shares are for pure gamblers, I am entitled to my opinion without being patronised by you.

Jonbvn

JonnyBravo wrote: »

What do you want to know?

I've been following them closely for a couple of years now. I called them last year (and was wrong, they ended the year flat) but it seems likely there will be real progress now they have the elusive letter of no opposition signed by the required 4 members of the LC.

That enough for starters? :cool:

Have you read this?

http://boards.fool.co.uk/nicky-fraser-share-comp-emed-mining-12143140.aspx?sort=whole#12143140

Hen_Step

Whilst I agree AIM is high risk, no share is risk free. The problem with FTSE is you have to buy a lot of shares to make any real money, whilst on AIM the potential return is much larger.
I have made £4,000 since September, most of which I have re-invested.

I am no expert by any means, but my current holdings are:

Herencia
North River Resources

Plus (quite volatile shares)
Alecto Energy
Charles Street Capital

cloud_dog

peterg1965 wrote:

Anyone pushing AIM shares is a gambler.

JonnyBravo wrote: »

Whilst that may be the case for some shares, to label a whole market in that fashion shows how naive you are.
Take my example. Dual listed on the main Canadian market. Does your rule still apply?

As for your sharedealing "rules". Never sell at a loss? It would have interesting to see how your rule would have helped you in, for example, Northern Rock or Marconi.

All shares carry some risk. It is not defined by market or exchange but by share.

Would tend to agree with with JB on this one. A general statement like that lacks gravitas. Its almost like being on the Gold/Silver thread and saying gold going to $5000.

AIM are higher risk, it is afterall the whole purpose of the AIM market to have lower governance requirements so as to make it easier to attract invesment and obtain a listing.

But, yes, higher risk.

The majority of my holdings are (were) AIM stocks, with a high percentage dual listed. I have been stung once though with Langbar International - Excellent learning curve that was

Jonbvn

peterg1965 wrote: »

I am many thing Mr JonnyBravo, but not naive. in MY opinion AIM shares are for pure gamblers, I am entitled to my opinion without being patronised by you.

You are entitled to your opinion, even when it is wrong!;)

IMHO, all investment is a calculated gamble. Even sticking to a narrow selection of stocks from the FTSE100, you could have lost a lot or even all your money on stocks like LTSB, NRock or B&B.

Finally, I would say that resource stocks of all descriptions have done well over the last couple of years. I see nothing on the horizon that will change that.

JonnyBravo

peterg1965 wrote: »

I am many thing Mr JonnyBravo, but not naive.

We'll agree to disagree then.

peterg1965 wrote: »

in MY opinion AIM shares are for pure gamblers, I am entitled to my opinion without being patronised by you.

Indeed, you are entitled to your opinion. Much as I am entitled to point out inconsistencies in it in a patronising manner. If I so wish.
Have a nice day!
:cool:

JonnyBravo

Jonbvn wrote: »

Have you read this?

http://boards.fool.co.uk/nicky-fraser-share-comp-emed-mining-12143140.aspx?sort=whole#12143140

Indeed I have.
Very inventive, and especially amusing for those who have followed the saga.
:T

thriftychap_2

peterg1965 wrote: »

Anyone pushing AIM shares is a gambler. Whilst predicting share movements is not easy, the certainty is that 'Penny shares' should only be bought with money you are prepared to loose completely. Ask people who invested in DES and stuck with them. So much hype and many are, in effect, a worthless companies with no assets.

I personally have some ground rules for share trading, I will not divulge them all, but I only generally invest in FTSE100 companies and never sell at a loss, even if it means that I hold the share for a long time! (I only started trading in 2009 so thankfully missed the crash) I was amazed at the pre xmas rally, December was a good time for trading shorts. I currently have money in BARC, I bought and sold a number of shares in december, but now hold a decent amount bought at 273p - I am hoping that the price will continue to rally leading up to the results in Feb. I expect the results to be good. I also hold £3500 in RBS bought at 40.49p, again I am hoping that RBS will announce profits and the share price should ease upwards by a small amount to make me a few £100s in profit. RBS will remain in the doldrums for a few more years yet though and the EURO sovereign debt crisis will continue to dog the banks.

I also have long term hold of TSCO, MKS and BP in my SIPP.

I like this approach, its my long term aim. If i had the money i would chuck a load at Diageo along with other FTSE 100 high yield % shares and reinvest dividends on a long term basis. Share growth may not be great, even if it goes down for a while at least it means you are reinvesting dividends at a cheaper price.

Hence the reason for my Fundsmith investment.

I also like a punt at riskier shares and have bought into OXB and IAE.L to improve my financial intelligence but long term its the FTSE 100 on an accumalitive basis.

Jackop

AIM is much higher risk, i think much more details research is needed when picking an AIM share. That doesnt mean they cant be picked.

It all depends on your attitude to risk, im prepared to put alot of time into a share for gains unimaginable on FTSE listed companies. Saying that there also can be crazy losses too.

We all know that FTSE listed companies arent risk free either as we have seen Connaught etc etc fall from grace in the last 6 months!

cashbackproblems

peterg1965 wrote: »

I am many thing Mr JonnyBravo, but not naive. in MY opinion AIM shares are for pure gamblers, I am entitled to my opinion without being patronised by you.

Maybe this is why you arent making much money? As pointed out if you do your research you mitigate alot of risk, but the risk doesnt come from them simply being aim shares but people not understanding the industry their investing in and theres not as much public research out there...alot of the time. This is why ALOT more money will be made than lost making the right pick

On ftse you will get 5-10% a yr in good times, on aim you will get that in a week. And ftse has its bad shares as well e.g. rbs which was $12 at one point and similarly with barc/lloyds/NR/Alliance etc