Shares can go down as well as up....

[Atik]

Yup, saw that. No idea who he is, but if serious investors are putting big money in then gives me even more confidence.

[SGHOM]

Lots of sells today....... then, right at the death.... a 75k buy !!
I'll never understand shares lol !

& that big buy could have been Michael j fox ??

[SGHOM]

A brief but interesting few chats with vin today!!

I'm almost ready to invest. Remainder of pension to be cashed in after April 6th. 10% commission when MGA sold....... & sadly, when mum passes, a bit more

But...... vin is steering me away from summit .... because it's not profitable enough ?? He knows it will make good money, but he says there are better options !!

To say i'm looking forward to the next few months is a massive understatement

[Atik]

But...... vin is steering me away from summit .... because it's not profitable enough ?? He knows it will make good money, but he says there are better options !!

That statement is staggering! Summit stands to go from £1.50p/s to upward of £50.00p/s in around two years and that's not profitable enough??

Will need more information soon please Derek I'll be in a position soon enough to start putting some decent shares into my portfolio.

[SGHOM]

Briefly Atik..... summit could reach 220 within a few months. Then obviously much more. A good short term % rise.
With vins knowledge and experience........ and contacts, he's going to recommend to me shares that can double virtually overnight !! 5p to 10p then get out !!

I'm leaving it up to him !!

[Atik]

You got my number? When you know, I need to know
Even if its only a few hundred quid, 100% is still 100%
Playing the short game is scary though. Have to really be on the ball, almost like a full time job. Seconds can make the difference in thousands.


I'm still eyeing up Nick's tip on BOIL. Its very stable at the moment but not sure when the new deal might come through.

[SGHOM]

When i invest..... might not be for a whil yet. According to romano, now is not yet the right time. But..... when i do, all tips will be posted on here. But you may have to act quick !!
Again though, i accept no responsability if i turn you £ 500 in to £ 50 !!

[SGHOM]

Having a catch up with vin this week over a cuppa. Will glean as much information as i can .

[Atik]

Excellent. I'm seeing plenty of good things about Summit, so cant wait for Q3.

[SGHOM]

There are also a few disappointed people on LSE that the shares arnt as far forward as they would like!
Patience is a virtue !!

[SGHOM]

Did you see landsdown Atik ?

[Atik]

It is a little lower than I was hoping. I topped up a small chunk for a quick return but it hasnt happened so I've left that sat now as long term.

No, havent seen Landsdown. Whats happened?

[SGHOM]

Landsdown holding have upped their stake from around 11m to nearly 16m !!

[Atik]

Oh, yeah saw that. I just put that down to them being brokers?

[Atik]

I keep looking at the list of big risers/fallers and there seems to be loads of mining companies recently on the big risers.

XTC had around 180% jump yesterday after discovering a substantial gold deposit.
AMC today is rumoured to be jumping up big as they about to get hold of a license they have been waiting for 4 years for.

[SGHOM]

Nice steady rise today :-)

[Atik]

Yes indeed.

I'm trying to put some effort into trying to read the RNS releases across the LSE. Hoping I can learn what kind of activities push prices up and down.

If I can see an RNS released out of market hours will push the price up on the next day, its always worth a punt with a few quid to make a quick profit. Obviously being able to understand all the legal jargon and then understand the position the company is in will all make a difference.
I jumped on a share this morning after doing that (AZO). Saw it at 13% up from opening, it managed to peak at over 200% before dropping back down to an end of day 66%. I managed to jump on at 110% saw a £31 profit, but by the time I sold, I made a profit of just 30p taking into account the transaction fees. Gotta be quick and on the ball with these things.
I then tracked another share (CHAL) from 15% up to the 80% plus. I managed to make a cool £3 profit on that after factoring in the transaction fees. I then put back in as from what I can see they are likely to jump massively in the next week or so as they have just taken on a collaboration to build the New York Eye and Dubai Eye (like the London Eye). It wont make me rich but if it makes me enough to pay for my holiday spending money, I'm happy with that.

[SGHOM]

Nice one mate

I rang my pension provider yesterday, but they wont tell me anything until 6th April.
In fact..... he said he may take that week off..... not looking forward to it !! Lol

[Atik]

Only a couple of weeks to go then. Think Summit will be low enough to get in still.

[SGHOM]

I have no idea where i will be investing..... that's up to vincenzo !
But..... summit still looks very promising. I may keep a bit of cash back for them...... but i will probably be investing from a beach in Greece