Your Top share for 2011

cashbackproblems

IM topping up (averaging up) on SXX tomorrow with my account showing a 300% gain!!

Also buying my first lot into RRL and a few more VOD, both in an ISA

BargainGalore

:spam: :spam: :spam:

penny0001 wrote: »

"American xxxx Announces Increasing Oil & Gas Production yesterday at North Oklahoma Project" follow us on AAPH.OB!
Just copy past this link on your browser - xxxxxx

Jonbvn

thriftychap wrote: »

Interesting that the top 3 are all mining co.

Make that the top 4!

It doesn't surprise me at all. As the gold-bugs hoard their coins and bars of whatever precious metal, there is actually more money to be made by owing the stocks of the miners who extract it!

Jonbvn

ChrisEvanson wrote: »

It amazes me how many seasoned investors there are commenting on message boards on share sites such as iii saying how they bought shares at say £1.35, then bought more at £1.00 as they came down and looking wistfully at the £0.70 price explaining why it should come higher, but it doesn't. It probably will in many cases, in time, but I don't understand the logic of catching a falling knife with shares you hold at £1.35, buying more as they fall. Would have been better to get out completely, take the loss and buy back in at the 70p.

I think you have missed the point. There is no right or wrong way to invest. Some people see drops as a signal to sell, other see it as a chance to buy more. Only time can tell which was the right decision. If someone is convinced that the market has over or undervalued a stock, then they act accordingly.

IronWolf

ChrisEvanson wrote: »

I'm sure many investors felt the same in 2008 early 2009....?

Sorry, I honestly don't mean this to come across as personal, as it isn't, I am just picking up on comments which I feel I need to give another side to, as I am sure you do.

It amazes me how many seasoned investors there are commenting on message boards on share sites such as iii saying how they bought shares at say £1.35, then bought more at £1.00 as they came down and looking wistfully at the £0.70 price explaining why it should come higher, but it doesn't. It probably will in many cases, in time, but I don't understand the logic of catching a falling knife with shares you hold at £1.35, buying more as they fall. Would have been better to get out completely, take the loss and buy back in at the 70p.

Ok so the 2008-9 period wasn't a stable trading period and with 'safer' stocks it is usually some bad news that causes them to drop significantly, I will give you that. But we only know the market has crashed afterwards, surely the skill is to get out before they reach the bottom, as it is then a bit late, and you have a lot more to do then to get your money back.

No doubt there are people like that, everyones wrong from time to time

And I wouldn't hold onto a share on the hope it reachs past heights, but if I would reevaluate and decide whether I wanted to hold or sell, but what I dont do is set an arbitrary price to sell at when I first buy the shares. I also never sell a stock to buy back at a lower price, as I dont speculate in stocks, dont really have the time or patience (or skill ) tbh to try and call the bottom of a slump, and few do outside the professionals.

sabretoothtigger

Sell vs hold argument is basically a case of trading vs investing.

On a good company trying to trade it when you know they will do well and the price fall is temporary is gambling your profits. It works best when you trade just 10% of a large holding and still retain an interest.
Most people would lose too much on commission doing this besides which its not always that easy to trade for a profit

Last year I sold HOC at the right time, they fell after I sold however even though they fell at first in the 6 months since they have doubled. Please dont ask me if I rebought them at 'the right time' also.
I knew silver was a good bet, was I clever to trade or stupid not to just concentrate on fundamentals & invest and hold

sabretoothtigger wrote: »

Regardless of success I think its best to stay liquid, usa market was down today though most likely only profit taking

Owch bit of taken profit allright



My quick thoughts on usa close today was higher volume and sideways priced market is distribution or a sign of slight weakness.

Its related to earnings news, google was up after close today and has been strong for a long time so not thinking of a big sell off particularly and its only the persistent big moves that matter to small stocks

blinko

wats happening at CEY thats TANKING i got stopped out at 150 sheesh ?? and trading Q4 is 1st Feb,

ive actually sold my comoddities and my beloved JPM africa whcih has soft closed, i think the correction will last a month or 2 basically moving sideways but i guess we are always keeping one eye open on china and hope that she doesnt grow to much while at the same time hoping she does grow enough

but also we need corporate earnings to increase and to bale out those dik heads in europe how lucky are we that we dont have the euro

and how woudl you feel if your a geerman "zis ich not right, vhy do vee ave to bail zem out" haha,

but all in all i think its a mini correction and i will also pump and dump my very slow moving new purchase

PTR Petroneft is a low risk exploration oil company in siberia/russia looking to generate 8000bpd 2011 and 12000bpd 2012 but again this is a lower risk ciompany so dont expect any rockhoppper style graphs etc i think this will double towards the end of 2011 assuming there are no unexpected problems currently 70 target 135

mr_fishbulb

End of Jan and the overall return is still up, although it has dropped back a little. Also goes to show that picking just one oil/mining company in your portfolio is very risky:

sabretoothtigger

I see Soloman is one of the worst there. No big deal, gold has come down all that is normal but I cant remember why I even liked it now. Doesnt pay to have no faith in these things

Anyhow the graph for Solg shows its very close to a test of its bigger rise. Either we retain this price roughly or the story was fake, it didnt deserve to rise and the price falls further.
The basis for this is hard to explain but natural order maintains it should hold at least some of its gains. 28.19 is a 61% retracement of its boom to 60 from 5p
Not sure why its fallen back so much, need to read why it could rise also. Just trusting a percentage possibility would be pretty risky /likely to fail


MXP seems to have failed its previous ascent so maybe could see 16 for any lucky buyers there.

GKP also plunging, need to find out why again. I think it should stay above 150 unless the selling is really justified

Also HOIL is maybe a good prospect for 2011 a very risky one but went down alot after discovering the biggest gas field in Iraq. people wanted oil


CEY is Egypt related of course. Anyone here can have an opinion I reckon. My general take is democracy would also be to the eventual greater good of Centamin who suffer now from excessive government intervention and profit sharing.
A more normal taxed profits system allows the company freedom to reinvest in its operations instead as is of course normal in any industry where an ounce of your product costs 500 dollars to mine. Its all about the management and Im just requoting their own words as of 2006 they have wanted freedom also.
So far the mine is 800 miles from cairos problems, the Egypt stock market is down like 25% I think http://blogs.barrons.com/focusonfunds/2011/02/01/egypt-etf-trading-at-14-premium-as-investors-climb-back-aboard/


Of course with revolution anything is possible and I think CEY could plunge as low at 90 or lower even if things really turn nasty. This depends on the minds of the biggest shareholders.
The price so far has seen a bounce on RNS that Baring increased their holding, I think most likely as a deliberate show of faith

All the same Im already invested, I havent sold but at present not able to participate in the stocks small bounce

Jonbvn

sabretoothtigger wrote: »

CEY is Egypt related of course. Anyone here can have an opinion I reckon. My general take is democracy would also be to the eventual greater good of Centamin who suffer now from excessive government intervention and profit sharing.
A more normal taxed profits system allows the company freedom to reinvest in its operations instead as is of course normal in any industry where an ounce of your product costs 500 dollars to mine. Its all about the management and Im just requoting their own words as of 2006 they have wanted freedom also.
So far the mine is 800 miles from cairos problems, the Egypt stock market is down like 25% I think

Of course with revolution anything is possible and I think CEY could plunge as low at 90 or lower even if things really turn nasty. This depends on the minds of the biggest shareholders.
The price so far has seen a bounce on RNS that Baring increased their holding, I think most likely as a deliberate show of faith

All the same Im already invested, I havent sold but at present not able to participate in the stocks small bounce

I'm very tempted by CEY at these prices. Not sure if I would be catching a falling knive though.;)