Stocks and Shares Tips

[Doobs]

put the world on BP one month ago

FYP

A lot of the upside seems to have already happened, as I think BP is bound to end up less valuable than it was a few months ago when it was worth £6 a share.  £5.50 feels optimistic, so I think somewhere between £4 and £5 feels about right.  I'd hope for the latter, but you aren't going to make a fortune.   

FWIW it is my biggest shareholding.

[Woodsey]

put the world on BP one month ago

FYP

A lot of the upside seems to have already happened, as I think BP is bound to end up less valuable than it was a few months ago when it was worth £6 a share.  £5.50 feels optimistic, so I think somewhere between £4 and £5 feels about right.  I'd hope for the latter, but you aren't going to make a fortune.  

FWIW it is my biggest shareholding.

Would have done tbh but all my savings etc were tied up in other stuff then. Still think it will continue to rise slowly for a little while, we will see. Have put a stop loss on it, so if the well blows again I don't do my nuts

[Doobs]

[/quote]
Still think it will continue to rise slowly for a little while, we will see.  [/quote]

I think that is probably true, and long run we'll be fine.  I kind of hate spreadbetting shares though.  I used to do it a lot, but became a share nit when I took up poker.

[Woodsey]

Still think it will continue to rise slowly for a little while, we will see.  [/quote]

I think that is probably true, and long run we'll be fine.  I kind of hate spreadbetting shares though.  I used to do it a lot, but became a share nit when I took up poker.
[/quote]

Tbh, its obv a punt and I know that. But I don't mind trying for a bit of a spin up with a small amount just for interest value.............

[paulhouk03]

Stake players a lot more fun imo

[Woodsey]

Stake players a lot more fun imo

Pffttt, done my bollocks with that one, trust me no fun in that...............

[craigbetts]

Gl with this Woodsey, just be careful with the stop losses though, folks often get burned with these.

[jack2off]

Gl with this Woodsey, just be careful with the stop losses though, folks often get burned with these.

A lot of people lost a lot of shares because of stop losses due to a recent hit and run bear raid on falkdlands shares, price dropped (at lunch time when everyone was away) from 3.20ish on rkh to 80p....then went straight back up....kicking in everyones stops....then they couldnt buy back in!

dangerous sometimes if you're not on the ball

[paulhouk03]

Stake better players?
Also give them more volume to make££

[Woodsey]

Gl with this Woodsey, just be careful with the stop losses though, folks often get burned with these.

Yeah, have only got £500 in there at the moment so I'll live with that if I do it. My max downswong stop loss with BP is about £200 so meh...............

[Woodsey]

Gl with this Woodsey, just be careful with the stop losses though, folks often get burned with these.

A lot of people lost a lot of shares because of stop losses due to a recent hit and run bear raid on falkdlands shares, price dropped (at lunch time when everyone was away) from 3.20ish on rkh to 80p....then went straight back up....kicking in everyones stops....then they couldnt buy back in!

dangerous sometimes if you're not on the ball

LOL Ok hadn't thought of that, may be a reason to be even more conservative with stoploss perhaps...............

[Woodsey]

Stake better players?
Also give them more volume to make££

LOL just put a staking request up if you need it hehehehe..........

[Woodsey]

Does anyone on here actually know anything about spread betting the financial markets? I've managed to bink my £500 investment up to just short of £800 and tbh I don't really know what the fk I'm doing, just got lucky I guess

Be good have a bit of advice, or maybe some pointers to some websites that could be useful for tips/general advice or whatever.

[StuartHopkin]

Stake better players?
Also give them more volume to make££

Lol

[  ] Plan

[StuartHopkin]

just an update for anyone following this thread....Rockhopper found 140millon B's of Oil, been upgraded to minimum 242 barrells - 695million. They will be getting the rig back in July to drill their next well, and then flow test the well they have hit!! City Brokers predcting between £6-£8 for Rockhopper on flow test results.

Good news for Desire is that the results so far show that all the north basin is riddled with oil and seems to be flowing eastwards. Desire have all the east wells and have 2 wells which are identical play types to the Rockhopper well (that has been hit). Desre have announced they are changing their next drill (which has been delayed to september due to Rockhopper flow testing) and they will drill this well (the identical play type). Des currently about 90p. Unreal price for this share compared to what it is likely to be by xmas!!!!!!

RKH went from 37p to £3.70 in 3 days after hittiing their well, desires are bigger and they have more!!

Good luck

Am I still hanging on to these please Mr?