One of buying of shares

Tom_Brine

Hi there

I do not know quite how shares work but am pretty sure that mid way through next year a certain british company will be experiencing a high rise in its share price.

I wish to purchase some shares now and sell them early to mid next year. Is it as simple as this? Is there somewhere I can go that will allow me to do this or do I need to hire a broker etc? Bit of a newbie but pretty sure the companies price will rise.

(Sorry title should be one off buying of shares)

Ergates

Easiest way is probably with an online broker. Just create an account, transfer some money in and select the shares you want to buy.

There are some cheap (i.e. low fees) brokers listed on the main site under Banking & Savings > Saving > Discount Brokers (I can't post a link).

westy22

If you just want to buy and hold shares to sell next year then X-O Trading is a low cost online broker which is part of the reputable Jarvis Investment Management (no, I don't work for them!).

Link to http://www.x-o.co.uk/

JohnRo

This thread may be of help if you are able to use your ISA allowance.

https://forums.moneysavingexpert.com/discussion/3153942

grey_gym_sock

though you didn't ask, i'd say that your confidence that the price will rise is unlikely to be well-founded unless it's based on having some important info which isn't public yet but will be. and even then, you have to allow for other factors affecting the price, and that there can be more than 1 way of interpreting a piece of news, so it has to be something big and obvious (for this company).

Linton

grey_gym_sock wrote: »

though you didn't ask, i'd say that your confidence that the price will rise is unlikely to be well-founded unless it's based on having some important info which isn't public yet but will be. and even then, you have to allow for other factors affecting the price, and that there can be more than 1 way of interpreting a piece of news, so it has to be something big and obvious (for this company).

And if you do make use of privileged access to confidential information to benefit from a rise in share price you will be committing a crime.

grey_gym_sock

Linton wrote: »

And if you do make use of privileged access to confidential information to benefit from a rise in share price you will be committing a crime.

actually, that depends where the information comes from.

JohnRo

grey_gym_sock wrote: »

actually, that depends where the information comes from.

And in the Bank of England case, who's doing it.

Jegersmart

yes, insider trading is a complicated one - what GGS is referring to is presumably "misappropriation" which may be easier to trace.

If one gains knowledge randomly and have no connection to the company in question then this would be exempt along with certain other examples.

J¨

Jegersmart

p.s. Members of Congress are exempt from insider trading rules. Speaking of criminal......how much of a double standard do you need?

If there is no risk to you I would say do it, any moral issue is completely moot imho.

J

sabretoothtigger

Why do people always want to keep secret the actual stock they are talking about.

Its extremely unlikely you have any real leverage with your information and if you did it would be illegal anyway.

Open secrets are usually the most profitable like apple making alot from the iphone chimed in with greater mobile use in usa. Google was blatantly a massive trend, anyone could have got them and made money.


Nothing retail is going to make alot of money right now unless it changed everything somehow like the ipod moved from physical to virtual and therefore improved efficency.
It does have to be revolutionary to be a good tip pretty much, then you have doubters (of big change) and a price opportunity ahead of earnings
Even after earnings, apple was cheap last year. Its about doubled, open secret..