These have risen from 29p on 26th May to close 39.25p today. They have just got back into the FTSE 250. Talk is that Standard Life are buying lots of stock in this. I can only see it going north. DYOR
These have risen from 29p on 26th May to close 39.25p today. They have just got back into the FTSE 250. Talk is that Standard Life are buying lots of stock in this. I can only see it going north. DYOR
Last edited by Spennyboy; 10th June 2009 at 06:29 PM. Reason: added images
İlubber Lang
CHAMP19NS
Standard Life have bought another 4 Million shares.
Remember this was tipping 59p only a short while ago before its crash down to 29p... with the recent news and chart trend, think i'll have a pop at this before it enters the 40s.
Last edited by Spennyboy; 10th June 2009 at 06:29 PM.
In the middle of March it was around 12p so it has recovered well.
I think 40p entry has room for a nice rise.
Last edited by Spennyboy; 11th June 2009 at 09:19 AM.
İlubber Lang
CHAMP19NS
Its rising nicely this morning - 41.5p on the offer now.
Thought it would dip on auto-sells at 40p, but its still rising.
Im in at 41p - dont plan on holding to long, quick couple of hundred profit shall do
If I'm not back in five minutes... wait longer!
Looks like i caught this right at the top
I shall be waiting for the bounce back up now.
Knew i shouldnt have got involved, never liked YELL.
if this dips below 30 i think i may give it a go!
If I'm not back in five minutes... wait longer!
I wish I sold these at 43p last week.
Sorry Spenny
İlubber Lang
CHAMP19NS
lol its times like this im glad im currently broke
At least its a foot on the ladder - i very rarely buy heavy into a stock on the first go - just a few hundred for a 'taster' to see what happens.
Then if it starts to show steady growth then i whack more in - if it starts to go down the pan then i bin it.
In Yells case - no real point in binning it as i know it will go up again in due course, so i'll just "Ride the Stock" and take the chance to avg down
just a quick question how many shares should I buy to make a profit? no point in buying 10 etc
You need to work that out mate. for example if it costs you £10 a trade, and lets say £3 stamp duty, you will spend £26 on admin alone. you need to buy enough shares so that a rise in the shareprice will cover your costs, and make you a bit of money on top of that. There is no point buying £100 worth of shares, and selling at £110 if your costs are £26 - you would have made a loss.
The more shares you buy, the more your costs are spread - for newbies for only spend £100s (myself included), you need to take costs into account. when you spend £1000's, your admin costs become minimal.
If I'm not back in five minutes... wait longer!
So, if you bought 2000 shares at 33p (£686 invested), and assuming trade fees above, your breakeven price would be .34p. every penny above would lead to a £14 profit.
If you bought 1000 shares (£356 invested) , your breakeven price would be 35.6p. every penny above would give you a £10 profit.
If I'm not back in five minutes... wait longer!
thanks for that spenny.. care to share the calculator
For you and anyone else who wants it.
http://www.digital-forums.com/showthread.php?t=508184
thinking of buying Yell today - they are down 10% - what do you guys think? at 26.75 on the bid.
Last edited by Q-Ball; 22nd June 2009 at 12:05 PM.
If I'm not back in five minutes... wait longer!
I've no doubt it will bounce back to touching 40p.
However, its picking the bottom now that is tricky.
Im holding tight for the moment.
i've taken the plunge - bought at 26.5.
If I'm not back in five minutes... wait longer!
I think they have further to go lower tbh - i've an order ready for 23p.
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