Stocks and Shares Tips

[jack2off]

Rex, maybe you missed the line where i put about xfering my shares from DES to RKH and back DES, and vice versa! maybe you don’t understand how share trading works, Maybe you think you buy a share and leave it there til you sell and that’s it done? (which you can do obviously)

Maybe you should go onto iii.co.uk, do a share chart for des and RKH for last 6 years, look at the highs and lows and do a few basic mathmatics!

Maybe that’s why you just posted a pathetic reply??? Maybe that’s why i still have 10x initial investment after losing 52k on paper, and maybe that’s why you will never make money from things you don’t understand, as if you just asked I would explain, rather than trying to be smart and making a complete tool out of yourself.

I thought Forums like this were there so people with a common interest help each other out with things they're not competent in, and one thing is for sure, you are not competent in share trading, working simple figures, or posting decent replies trying to catch someone out by trying to be smart! Get up a bit earlier kid!

Lesson there somewhere!!!

[Cottonbud]

Boring ell! Is this for real lol. I make a thread genuinely to get some interest in stocks and shares on here and my friend under no obligation comes on blonde offering you free advice on the stock market in an oil company. And all most of you do is moan and make negative comments about him.. I mean really? Where's your guys tips?! I can't see any to be honest.

All I see is take take take and then moaning when the price drops. It's a bit sad to be honest and one of the reasons I rarely post anymore. I'm pretty sure he's made alot of you money on Rockhopper and he didn't even have to tell you about it. He chose to because he is genuinely passionate about Desire and he's had his investment for years he's always had great info on the matter and I asked him personally if he would like to comment on the thread he never had too. He chose too. Maybe some of you should re-invest in people who lie to your face and take your money with a smile on their face. It seems people on blonde respect people more who post fake profits like Blatch rather than those who tell the truth.

[rex008]

When did you start trading this pair?

[jack2off]

you need to ask? you mean someone as smart as you cant work it out? 2004, ok no more answers!! making it to easy for you!!

what a leg end!

[Woodsey]

LOL at the moaners, its stocks and shares FFS its gonna be a roller coaster ride in this type investment where they are trying to find oil. Hold onto RKH, its worth Min £5 per share based on the oil they have found already and might go up higher if they find more. DES is and will always be more of a punt until if/when they find something as RKH was before they struck.

[StuartHopkin]

jack2off>>>>>>>>>>>castration>>>>>>>>>>>>>>blatch

Im quite happy with my investment, its nice to have a sigh or a wiiiiiiii every morning.  

[jack2off]

Im quite happy with my investment, its nice to have a sigh or a wiiiiiiii every morning.  

Tell me about it....checking them first thing in the morning for the last several years....my life will be empty when i eventually get out!!

[mondatoo]

I might have to get involved in Stocks and Shares,I never realised there was such degeneracy involved.

[rex008]

If you're genuine, I'm genuinely sorry, but the way you've been puffing this stuff is classic boiler room - every piece of good news is fantastic, shares will be £8 in a year, blah blah. Every piece of bad news is just a tiny setback, nothing to worry about, shares will still be £8 in a year. You've continually made implications that an oil exploration company with big debts, working with the cutting edge of technology, focussing on a geographical area that's potentially politically unstable, trying to find oil that potentially unrecoverable even if they do find it, during a time when deep sea drilling has had a major setback, is a good place to put your money. Given the historic failure rate of exploration companies, putting all your money on 32red probably has an equivalent rate of return, and you can do that in 5 minutes, not 6 years . Which is all fine, if you like a gamble, and of course the small print is don't risk money you can't afford to lose. But the small print is being drowned here, and even on a forum for gamblers, I think a little more openness about the risk is appropriate.

I'll admit, I'm not a regular share trader. In fact the only shares I own are in the investment banks I worked for, either from the IPO (Goldman Sachs), or discount share purchase schemes (BNP Paribas). The business I work in now (simulation software for oil and gas production) isn't publicly traded, so no shares there.

[Woodsey]

If you're genuine, I'm genuinely sorry, but the way you've been puffing this stuff is classic boiler room - every piece of good news is fantastic, shares will be £8 in a year, blah blah. Every piece of bad news is just a tiny setback, nothing to worry about, shares will still be £8 in a year. You've continually made implications that an oil exploration company with big debts, working with the cutting edge of technology, focussing on a geographical area that's potentially politically unstable, trying to find oil that potentially unrecoverable even if they do find it, during a time when deep sea drilling has had a major setback, is a good place to put your money. Given the historic failure rate of exploration companies, putting all your money on 32red probably has an equivalent rate of return, and you can do that in 5 minutes, not 6 years . Which is all fine, if you like a gamble, and of course the small print is don't risk money you can't afford to lose. But the small print is being drowned here, and even on a forum for gamblers, I think a little more openness about the risk is appropriate.

I'll admit, I'm not a regular share trader. In fact the only shares I own are in the investment banks I worked for, either from the IPO (Goldman Sachs), or discount share purchase schemes (BNP Paribas). The business I work in now (simulation software for oil and gas production) isn't publicly traded, so no shares there.

Go to the forum at www.iii.co.uk

Its where most get their info from and backs up most of the stuff on here. At the end of the day you have got to do a bit of your own research as well. Everyone knows that shares are a risk, if they need to be told that well............

[rex008]

If you're genuine, I'm genuinely sorry, but the way you've been puffing this stuff is classic boiler room - every piece of good news is fantastic, shares will be £8 in a year, blah blah. Every piece of bad news is just a tiny setback, nothing to worry about, shares will still be £8 in a year. You've continually made implications that an oil exploration company with big debts, working with the cutting edge of technology, focussing on a geographical area that's potentially politically unstable, trying to find oil that potentially unrecoverable even if they do find it, during a time when deep sea drilling has had a major setback, is a good place to put your money. Given the historic failure rate of exploration companies, putting all your money on 32red probably has an equivalent rate of return, and you can do that in 5 minutes, not 6 years . Which is all fine, if you like a gamble, and of course the small print is don't risk money you can't afford to lose. But the small print is being drowned here, and even on a forum for gamblers, I think a little more openness about the risk is appropriate.

I'll admit, I'm not a regular share trader. In fact the only shares I own are in the investment banks I worked for, either from the IPO (Goldman Sachs), or discount share purchase schemes (BNP Paribas). The business I work in now (simulation software for oil and gas production) isn't publicly traded, so no shares there.

Go to the forum at www.iii.co.uk

Its where most get their info from and backs up most of the stuff on here. At the end of the day you have got to do a bit of your own research as well. Everyone knows that shares are a risk, if they need to be told that well............

The problem is that people don't understand risk at all. jack2off is saying the potential upside of DES is a return of around 800% in one year (92p to £8 ). A risk free investment (US T Bills, although that's becoming a bit of a chortle) currently pays around 1% in one year. Assuming a perfect market (big assumption, obviously), the current price represents the market's view of the risk/reward. I'm not saying it's 800 times riskier investing in DES than T Bills, but it's probably not far off...

Edit: Rereading that paragraph, it isn't the clearest. To put it another way, if you assume two possible outcomes, 800p or 0p in one year's time, the market is currently assuming that 0p is 8.7 times more likely than 800p. Of course there is a whole spectrum of outcomes, but the probabilities will follow a curve heavily skewed towards the bottom end.

I'm not sure that was any clearer .

[jack2off]

I'm on phone now so will be quick, the upside is 800% within a year, it's bit figures I make up. However like everything with a big upside, there is a bug downside! Like roulette, 35/1 on a number but you will only hit it once in 35 times!!  Oil exploration in small companies has huge reward if it comes off! It's nothing I've not said before! When I say don't risk what you can't afford to lose , surely for most, that one sentence sums up what the downside is??

[rex008]

I'm on phone now so will be quick, the upside is 800% within a year, it's bit figures I make up. However like everything with a big upside, there is a bug downside! Like roulette, 35/1 on a number but you will only hit it once in 35 times!!  Oil exploration in small companies has huge reward if it comes off! It's nothing I've not said before! When I say don't risk what you can't afford to lose , surely for most, that one sentence sums up what the downside is??

You don't say. You make up these figures, somebody on iii says they heard that price target on DES is 800p, and it becomes a big circlejerk.

As to the second bit, yes, but it's worth repeating, frequently. I've seen many people lose lots of money because they didn't truly understand the risk. And yes, there are bound to be people who make a lot of money, but I bet there are more of the former than the latter.

I feel like I've gone off on one. Sorry for the rant. Being called a thicky kinda-sorta pissed me off a little.

[skolsuper]

@EvilPie: Ho ho ho hee hee hee ha ha ha good one Matt, I'll never live that one down

@jack2off: You have won me over with your enthusiasm and your good natured reply to my dig. Genuinely I do hope you make money on your investment even if I'm not involved, you seem like a nice guy.

@cottonbud: OH NO! SHARES FRIEND! ARE YOU OK SHARES FRIEND?? So many things that piss me off about this post I can't even count them. You act like we've derailed 'your thread' by disagreeing with your mate on this one share, which also seems to be the only share that you are interested in talking about AT ALL, and now you post to complain about "everyone else" not talking about other shares, from the 1000s of which that exist you have never even mentioned a single one. I have posted several times about other shares but have not seen any sign of a reply from you (although jack2off was quite helpful) when I did. You seem to think we should be eternally grateful to your friend for coming on to this forum to post his views, something that hundreds of people do every single day without requiring that everyone hush down and listen quietly without dissent. Yes we're glad to have someone posting new things, but that doesn't mean we can't disagree with them.

And then you go and tack on that Blatch dig as documentary evidence that I am a fucking moron. Well fuck you, if I want advice on how to play jacks to a raise then maybe I will head over to the skypoker forum and ask for you but until then I don't really care what you think. If I'm such an idiot maybe you would like to play me HU4ROLLLLLLLZZZZZZZZZZ?

@Woodsey: I'm not a moaner, I'm not surprised or even bothered when DES rises or falls and I make no predictions either way, I just don't like the constant illogical reasoning that is spewed forth not just by jack2off but by almost everyone when they talk about shares, including but not limited to "paper losses", "I bought at Xp so..." etc etc. Also the recurring blindness to the source of information and the reliability (or not) associated with it, think about where ALL the positive information you or jack2off has posted regarding Desire came from and the motives behind the people feeding you that info. In public listed companies directors' and executives' remuneration often depends to a large degree on the share price. Geologists employed by oil exploration companies have a very strong vested interest in overstating the probability of finding oil, the total absence of which will leave them out of a job. Even if it's only subconscious bias this has been shown to have a very large effect on scientific studies in all areas and is very hard to eradicate all sources of potential bias, especially when you're not trying to. Things like this are the reason I have posted, it has nothing to do with the price of DES in particular, like I said, I'm not surprised when it goes up or down and since I have no interest it does not bother me, certainly not enough for me to "moan". FOR EXAMPLE, you post that RKH "is worth min £5 a share". If that were true then why is nobody willing to pay more than 333p for it at the moment?

[EvilPie]

FOR EXAMPLE, you post that RKH "is worth min £5 a share". If that were true then why is nobody willing to pay more than 333p for it at the moment?

He might go on a bit but he's got a point here wouldn't you say?