The Official Stocks and Shares Thread

looks like someone is gonna be up bright and early thursday morning

http://rt2.e.prorealtime.com/ProRealTime/showimage.phtml?id=13026061180346

A double top is where prices fail to break resistance twice thus creating an partial M shape, for the double top to be confirmed a close below 5.1 will be needed which is the lowest point in the M.
Prices then would drop to create the M shape. Target would be set by subtrating the low from the high so 6.8-5.1=1.7 target is then 3.4~.

remember this will only happen if 5.1 fails, and good news will most likely stop this...IMHO

a recent example is encore

hey, figured you 3 would probably know between you

if a company is going on floatation for the first time on the LSE....

do you simply have to ruck up at 7am, find the stock and buy it.....or is there a way of putting in a pre-floatation order that is fulfilled when the floatation occurs....

I dont know the answer to that question.......but i feel privileged that you thought I could answer it

Btw you still gkp? Was expecting it to rocket after the big news a few weeks ago.

hey, figured you 3 would probably know between you

if a company is going on floatation for the first time on the LSE....

do you simply have to ruck up at 7am, find the stock and buy it.....or is there a way of putting in a pre-floatation order that is fulfilled when the floatation occurs....

Anybody got into/thinking about getting into Desire?

Chance of success for the Ninky Well is 27%, am i right in thinking, the chance of success of Rockhoppers Sea Lion Well was 23%; so that would make Ninky the highest chance of success well to have been drilled in the Falklands to date, and we know that there is oil in the Falklands, so it makes it look like a decent punt to me. I mean, Desire might have a terrible BOD, but they do know how to drill a well, and in the end they do know whether they've found oil or not!

It seems an ok punt to me, and my broker offers commission under £6 for trades under £200 (which is all i have in terms of funds at the moment) so i was thinking, i mean, if they hit oil, the share price could easily double, i could get another £200 back, which makes the commission and tax seem like nothing!

hey, figured you 3 would probably know between you

if a company is going on floatation for the first time on the LSE....

do you simply have to ruck up at 7am, find the stock and buy it.....or is there a way of putting in a pre-floatation order that is fulfilled when the floatation occurs....

Haven't a clue I'm afraid never bothered with IPOs as they are always really volatile, e.g. ocado or african barrick gold

Thanks for your advise RE. the IPO, may I ask what broker you use? 6 quid commision for trades under 200 quid is v.good....is that the standard offer this brokerage offers?

I use Halifax share dealing. I've just looked it up, and apparently the price is £5 for trades under £250. It's £11.95 for trades over £250, and it's £17.50 for international trades. I'm not sure whether it's exactly £5, i've got a feeling it's £5.95 or something similar; i've only had a few £200 punts in truth so i can't remember exactly what it charges. I find it's a good service, and i only make about half a dozen trades a month, so i don't need rock bottom commission.

If you want a really cheap broker, then X-O is good apparently (http://www.x-o.co.uk/); i haven't used it, but it's execution only for £5.95 for a trade of any size (as far as i know). I'd get on a big BB like LSE or iii and ask someone who's actually using it if the service is good before opening an account though.

And about the IPO, i'd also ask on a BB for exact information, the people there have 50 years more experienced than me about these things lol!

I use Halifax share dealing. I've just looked it up, and apparently the price is £5 for trades under £250. It's £11.95 for trades over £250, and it's £17.50 for international trades. I'm not sure whether it's exactly £5, i've got a feeling it's £5.95 or something similar; i've only had a few £200 punts in truth so i can't remember exactly what it charges. I find it's a good service, and i only make about half a dozen trades a month, so i don't need rock bottom commission.

If you want a really cheap broker, then X-O is good apparently (http://www.x-o.co.uk/); i haven't used it, but it's execution only for £5.95 for a trade of any size (as far as i know). I'd get on a big BB like LSE or iii and ask someone who's actually using it if the service is good before opening an account though.

And about the IPO, i'd also ask on a BB for exact information, the people there have 50 years more experienced than me about these things lol!

I'm using X-O and they are great! I couldn't expect more from the service they offer, and their customer service was great the one time I had a problem.

The £5.95 flat fee is definitely a great perk.

Oh rite, thanks for the feedback, does X-O cover US and Uk stocks aswell?? and also how flexible are they with there stop - losses???