The Official Stocks and Shares Thread

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Reply 4600

Dekota-XS

Does anyone here day trade?

Reply 4601

theseeker

Original post by Dekota-XS

Does anyone here day trade?

Majority of traders lose money through day trading. Shouldn't do it.

Reply 4602

CityTrader

Can someone please give me three figures for where they see the following companies trading at.....

PAF.........
RRl............
HER.........

Could you also give a timeframe aswell.

Thank you all

Reply 4603

Mitchy0283

Original post by CityTrader

Can someone please give me three figures for where they see the following companies trading at.....

PAF.........
RRl............
HER.........

Could you also give a timeframe aswell.

Thank you all

Back in a second, just grabbing my crystal ball

Reply 4604

Makaveli_The_Don

Original post by CityTrader

Can someone please give me three figures for where they see the following companies trading at.....

PAF.........
RRl............
HER.........

Could you also give a timeframe aswell.

Thank you all

Sorry, my genie doesn't work on Mondays. I'll ask it tomorrow though.

Reply 4605

CityTrader

Original post by Makaveli_The_Don

Sorry, my genie doesn't work on Mondays. I'll ask it tomorrow though.

Ahhahhaha... I have done research on all three and just wonderingwhich two out of the three - shoulkd invest I am thinking trade HER before the RNS and have a tight stop loss on it, then trade RRl and PAF as longer term trades......but I'm thinking with HER its a pump and dump stock

Reply 4606

Makaveli_The_Don

Original post by CityTrader

Number 1 rule on the AIM for me is to never put a stop loss, you will lose your money. Be patient and you will be rewarded.
Why do you think HER is a pump and dump?
I'm in both HER and RRL atm. RRL seems the safer one for me atm because there fundamentals are so good. Say if Georgia fails, then you still have T&T, Texas, Puntland and possibly Colombia (in the near future) to back it up and sustain the share price.

Reply 4607

CityTrader

Hmm.. Ok I think you be right actually RE the stopp loss.... The share price swings so much intra day.. Hat it could be costlyt

Reply 4608

Makaveli_The_Don

HER RNS

You should've got in m8.

Reply 4609

initiation

Original post by CityTrader

Hmm.. Ok I think you be right actually RE the stopp loss.... The share price swings so much intra day.. Hat it could be costlyt

There is suggestion that on (good) news MMs will drive the price down in wild swings to activate peoples stop losses and then can hoover up all the shares before the climb is started. Heard of this happening with RKH last year and people loosing potential thousands in profits.

Reply 4610

vn2009

Whats people's opinion on EO forming XEO?

Reply 4611

CityTrader

Don... Do you know the date for HER's RNS?

Reply 4612

vn2009

Original post by CityTrader

Don... Do you know the date for HER's RNS?

Released today just a little while ago.

Reply 4613

CityTrader

Original post by vn2009

Released today just a little while ago.

Cheers :-)

Reply 4614

initiation

Another day and another fall in BAO, we need some (good)news! Not far to the sp I brought in at....

Reply 4615

Fynch101

Original post by Makaveli_The_Don

Stay away from DES.

I hope everyone listened to these wise words???

Reply 4616

Fynch101

Original post by CityTrader

@fynch......What level do you PAF will reach in a specific time scale..... Thanks

PAF, well providing they keep their P/E ratio of 10, with a high making it get to about 13 when the price was 12p recently, what will happen in late august is they will elease their 2010/2011 results, showing profit increasing by I would imagine a minimum of 50%, possibly and up to 100%. So looking at between £21m and £30m after-tax profit.

This gives a forward P/E ratio of between 5.5 and 7.5. Assuming that P/E ratios revolve around a constant equilibrium, which does not always hold for stocks but it has done in the past and will continue for PAF, a forward P/E ratio of 5.5 to 7.5 will cause to price to move to between around 14p and 20p. However price targets should be around 20% about these estimates due to the initial craze. Note last august, share price was 6p, shot up to 12p on results over the next few months. Furthermore, the platinum mine will start production in Q42011, as well as a chrome plant, so its got great growth prospects for next year too.

All in all, if the share price isn't 20p+ comfortably in 2 years I will attend the agm pretending to be a cash for gold salesman. It should have hit 30p by that time too realistically.

If you fancy staying out then do, the time to invest may be more june time, not sure though. Theres a small chance the share price will fall a bit by june/july but if so it won't be by much, like to 9p at most.

Reply 4617

orca92

Managed to get out of DES this morning; lost £140, but saved £80 from my £220 trade; meh, i knew the risks and put in what i could happily afford to lose so yeah, would of liked it to hit 130p with oil of course, but this is life/DES lol; without oil from the Ninky Well, it is now a complete mess.

Reply 4618

CityTrader

Original post by Fynch101

Cheers mate, I think i will hold for now, but i will definantely be investing with this one in the near future...............

Reply 4619

orca92

Original post by vn2009

Whats people's opinion on EO forming XEO?

Splitting the company makes t/o easier for potential bidders. I think Encore will be taken over really soon (like next 3 months) once they've done all the drilling they plan to do in Cladhan and Catcher and proved up those reserves. I don't think XEO is as likely to be bought, i mean it's basically all exploration assets, i expect Booth will decide to take that on and explore it himself; he'll walk away from encore with 200p a share in his bank account.

I'm just hoping that Xcite gets this reserves report out soon so i can sell and move half into encore and half into range before they both increase much more.