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

  1. #81
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    Up 5p in the first 30 mins of trading this- mmorning !!

  2. #82
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    Phew !!! :-)

  3. #83
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    Update:
    The reason i said 'phew' was because several weeks ago, i was at vins and he said..... " im having a bit of hassle with mum so dont call down anymore.... in fact, don't ring me anymore"

    I took that as a feck off due to his pending multi millionaire status!!! Or I'd said something wrong...... or others had said something??
    Got an out of the blue phone call from him Saturday........ it was just his mum!!! She can be a cantankerous old cow..... as i knew. Were back on track now.

    Seen him and spoke to him a few times this week. He is quite happy that summit share price is up and down like a yoyo!! Perfectly normal....... apparently?
    He has now invested 'heavily' in a couple of other companies ! One is to do with touch screen technology..... the other, quantum computing !

    I will delve deeper next time i see him

  4. #84
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    Get me some details on this Quantum Leap thingumajig, sounds interesting...
    1997 Mitsubishi RVR HSGR : 2.0 4G63T, 4 seats and the seating position from a truck
    2009 Ford Mondeo : 2.2TDCi, 4 wheels, some plastics, some metal and some seats
    Former owner of The Mongrel (RIP 2011) and The Rednum (RIP 2014)

  5. #85
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    I will try atik...... i did mention to him about the impending printable solar panels !!! But he's not bothered about them.
    On a side...... he's bought yet another £ 1000 watch, ugly as if you ask me ! And spent £ 550 getting his £ 100 car mot'd

  6. #86
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    That made me chuckle... Nothing wrong with driving a cheap car if it does what you need it to do.

  7. #87
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    ^^ did you see.... read Alibaba ?

  8. #88
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    He has more jam than Hartleys that romano !! Ffs

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    From what? summit are down at the moment?

  10. #90
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    Heading in right direction..... for him and me !!

    He bid starting price on a leather jacket on fleabay.... £ 5. His was the only, and winning bid.
    Spoke to him this morning, and his new coat fits perfect !! When he checked inside pocket...... there was a £ 5 note inside it !!!!!

  11. #91
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    Hmmm?? The plot thickens........ interesting

  12. #92
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    Atik........ listen to your uncle sghom !!

    Tell you more later

  13. #93
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    ^^ he very recently invested in a south American graphite mining company.
    Low share price..... so i'm guessing he Will have bought a lot!
    When i spoke with vin this morning, he said this new company was a bit of a gamble for him. Mining is all well and good...... but you've got to sell the graphite !

    A broker stepped in a guaranteed to buy all they produced to sell on worldwide market...... overnight, the share price jumped 115% !!!

  14. #94
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    Interesting reading on summits website.
    They have a forum for discussion regarding share dealing, some guy posted a link to page where it was one mans guide on how to deal with it.... not how to do it.
    In his early days of trading, he bought into a company at 5p...... sold at 90p. A very good profit, and he was well chuffed with himself !!

    They are now 2209p !!!!

  15. #95
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    @Atik
    It proves you dont have buy a lot.... just been on forum, and new member has just joined the party with 90 shares at 127.45p

    That's all he can afford !!

  16. #96
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    Graphite....... wtg !!

    Just spent a few days research, the money to be made is potentially phenomenal !
    375,000 tonnes mined each year.... one company alone buys up almost half of that ! Can you guess who it is??
    That company needs at least 6 more mines.
    get a broker..... plan for the long term.... and get your hand in your pockets.... i will be

  17. #97
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    Just an update..... if anyone is still remotely interested !!!
    Spoke at length with vin this morning. Planning where my money will go next year.
    Things are a bit volatile at the moment, but he's hoping they will settle down soon...... he's had a lot of 'shifting' around to do.
    We're currently looking at graphite, graphene and summit...... but things could change.
    I'm hoping to up my stake to around £ 20k. Not planning on taking a wage.... but a 3 to 5 year plan. His suggestion.

    He was house hunting last week...... not to buy, but just getting a better idea of what he can get for his money. Found one which suits his needs at £ 2,000,000

  18. #98
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    I'm still interested, I still have summit on*my watch list. Everything I am watching is deflated at the moment though.

  19. #99
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    Nick.... think long term !!
    Spoke to vin again this morning, and he is ok with the downward trend. He may buy more if summit fall lower.

    Clinical trials now not due to be complete until 2017.
    He's been dealing for over 30 year's !!! So knows what he is on about.

  20. #100
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    Quick update;
    Been on a few chats.... blogs regarding summit plc. Not much info from the company, but looking strong for 2015.

    Price is low..... dropped a bit this morning, so timing is important.
    All the info i'm getting is either hold or buy.

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