NOVEMBER 21, 2012
Football crazy
***Spend A Day With Me This Friday!!***
Next seminar with me and live markets is this Friday November 30th. If you are interested mail me at robbiethetrader@aol.com with "November Seminar interested" in the subject line. More info further below.
The First ever Naked Trader Diary 2013 is out!
What's in it? Well, I hope everything a trader or investor could want!
All the hot dates for 2013, like ex dividend dates, likely company reporting dates, sporting events, and even an arrow for each day telling you whether that day has been strong or not in the past. There is also my thought of the week for each week of the year, and some looks at companies reporting on particular weeks.
Oh and there are fun bits too of course, and lots of cartoons! (And a great Xmas gift!)
If you'd like to order it The Naked Trader Diary 2013 for next day delivery you can just click this link here:
http://books.global-investor.com/books/868876.htm?ginPtrCode=10453
Proactive tell me they have one or two seats available for a free evening with four companies presenting in Edinburgh this Wednesday. Key execs from Northern Petroleum, Providence, Zanaga and Zincox will be there telling you all about their stock market listed companies. There is even wine and nibbles for you from 6pm.
Interested? Register for your free seat by mailing events@proactiveinvestors.com
*****
You think trading is hard?
Try taking 15 children to a premier league football game....!
At the end of it all me and the Mrs felt like we had been run over by a steamroller...
The boys gradually arrived at our place close to Fulham FC. Grateful parents dropped them off and they were already hyper.
Luckily the pinball machine took care of some of them while table football occupied others however the ones in the garden were making horrible "fighting" noises which we did our best to ignore and hope for the best...
Lucky the Mrs used to be a teacher. She sat them all down before we went and organised how we were going to not get anyone lost.
She'd already spotted the two most badly behaved and showed them who was boss and that she had already nailed them.
I was in charge of half the gang, the Mrs the other gang. We tentatively left for the game in stops and starts trying to stop some of them racing ahead while getting the ones behind to keep up.
Being seven of course they can't concentrate on anything for more than 30 seconds, same as me!
Not quite sure how we got them to the turnstiles all together but we did. They then drove the queue crazy by trying to put their tickets into the machines the wrong way up or upside down which took a lot of sorting out..
Then somehow, still not sure how we got them to their seats. Phew!! They amused those around us by shouting out for Fulham.
Our best defender got sent off providing a chance for the boys to shout at the ref.
Meanwhile one or two decided to have a a little wrestle/fight with each other. Mrs NT did well with a brilliant teacher style intervention or two. I decided to keep low, pretending I had nothing at all to do with them.
Great to see reader Brian at half time with his seven year old Patrick - they flew in from Ireland for the game - we only met for a couple of mins as they were at the other end of the stadium.
But hopefully next time they visit when there is just me and Christopher and they can come for a cup of tea before the game. Sorry we didn't get the chance for more than a brief chat Brian but hope you had a good journey back to Ireland,
The lads settled down over half time as we handed out rolls and crisps etc.
Then they started fooling about again and I think me and Mrs NT were watching the clock counting down before the whole lot of them descended into wrestling with each other.
Although we lost the game 3-1 mainly because our best defender had a rare crazy moment and got sent off at least we had one goal to cheer and the boys went crazy.
All in all despite the fact we are still tired out from a mad day we really loved it.
It was great to see boys being boys (we ignored a lot of health and safety) , Christopher having such great fun and sharing the game with his friends.
We stayed inside the ground to let the main crowds go first to help us not to lose them. Again plenty of laughter from fans at our "brood".
I joked with many that I wish I had never had 15 kids with the Mrs. Actually I think one or two of them even believed me!
Just brilliant seeing the kids let go enjoying being kids before being weighed down by all the responsibilies of adulthood. Loved it and we will do it all again next year. But, er maybe next time we'll take a couple of adults with us!
Oh, Christopher got a good mention and his picture in the programme and was so inspired he scored two for his club side.
For his birthday I got him the "Berbatov" shirt he wanted - one happy kid!
Well, we have had a crazy few weeks - our massive road trip to the states then our football day out - I guess things will settle down now till Xmas - this year we aren't going away to S Africa like we have done the last two years. I think the massive US trip is enough for now!
I hope to see some of you soon at my next seminar which is next it is on Friday November 30th.
if you are interested in a seat mail me at robbiethetrader@aol.com for details with November seminar interested" in the subject line.
Beginners and improvers welcome! Come and spend the day with me, the markets and some lovely people - and of course, lunch!
If you mail me I will then send you details and a full agenda of what is covered. Also more details below somewhere.
My seminars are designed for beginners, dabblers and improvers and deals with everything from how to look for winners, how to research, spreadbetting, level 2 use how to time trades and short, how to use advfn properly and run your portfolio without having to spend money on systems and tipsters.. and tons more.
A lot of the day comes directly from the live markets and I show you many of the tricks I use to get good prices live. And there might even be the odd live trade or 2!
Follow Up Seminars
A follow up with me will be sometime next year, I'll publish a date when I book one! You must have been on a previous basic one of mine to qualify.
Sunday December 9th is the date for another technical analysis seminar with Susan who for many years has made decent money full time by using simple TA. She will teach you all about it in an easy and simple way to help improve buy and sell decisions.
If you're interested in that one email me at robbiethetrader@aol.com with "TA interested"
*** New Book Review ***
Clem Chambers, CEO of advfn has a new book out: "The first horseman"
I've loved his other thrillers and this one continues his tales (this is the fourth) of Jim Evans - an amazing trader who reads charts so well he knows what is going to happen next (lucky b
) and so has made a huge fortune. But the money tends to lead him towards some scary adventures..
I thought I would relax with this one and read it over a week but it had me so gripped I read it in a day - it is just one of those page turners - you can't wait to read what happens next!
In this one Jim is asked to donate mega money to a scientist who has developed a way to elongate life by decades.
However part of the plan involves killing off an awful lot of people. Well, how many people would you kill to live to 300? It's a rip roaring, exciting read. If you're into trading especially worth buying Clem's series of Jim Evans books starting with The Armageddon Trade. So.. a very entertaining thriller which I highly recommend. Amazon link to order it is here:
http://www.amazon.co.uk/Clem-Chambers/e/B0034OKF36
Lots of lovely feedback on the September event including this from Janet: "Thank you so much for what was a terrific 12 hour marathon on your part. I feel like I have been through a 12 hour therapy session that has given me back some confidence. I now feel I can indeed make trading work for me, after a few years of trying and testing and not quite comprehending and co-ordinating the right ingredients. The last late session researching various companies was a real help."
And Colin: "Highlights of the day for me were Level 2 and going through the selection process to choose shares. I have followed advice from your book in the past, and it really has worked for me before, but even though I understood the concept of Level 2 I never quite saw the real benefits of it. Two minutes into your explanation of how you use it I was kicking myself. I could not believe that I had done all my trades without it! Watching you check some shares was very useful, especially the speed which you can eliminate or shortlist the numerous possibilities out there. Just watching you doing it showed me how much time I had been wasting doing the same thing but by a much more torturous process."
* The all new edition of my book Naked Trader 3 is out now !!!
Lots of new strategies including my top 20, lots more mistakes to avoid, loads of new trader tales, cartoons and a bit of fun too.
I hope you all enjoy it - and can tell I put a lot of effort into it and I really hope if it just stops one person from making the mistakes I did it will be worthwhile.
Indeed I hope the book is worth it even if you read about other people's stories, it is amazing how so many make exactly the same mistakes.
Anyhow if you buy it I hope you enjoy it! Click here:
http://books.global-investor.com/books/818560.htm?ginPtrCode=10453
** My book about spreadbetting , you can order it here:
http://books.global-investor.com/books/401334.htm?ginPtrCode=10453
Fancy getting the naked trader updates direct into your inbox? And a bit before it gets updates on the net including news from my pension trades made from my SIPP?
All you have to do is take a phone or energy service from the Utility Discount Warehouse at www.utilitywarehouse.org.uk/fabdeal.
I get some commission and you get the service! On top of that you ought to make some amazing savings on your phone, broadband, or energy use or all! There's even an internet phone where you can make free calls from wi fi hotspots!
Prices are guaranteed lower than the top 6 suppliers but even better you can get huge discounts on your energy/phone bill if you shop at places like Marks and Spencers, Boots, Sainsburys and a whole load more. 5% of your spend comes directly off your billl. Many are saving a fortune from their energy bills.
So save a few quid, and get my stuff in your inbox! A win win? Mail me at robbiethetrader@aol.com with "mail service" in the subject line and I'll send you details.
Spreadbetting firm Tradefair Spreads has upped its offer exclusively to Naked Trader readers to a £100 credit. This offer is exclusive to me and not available anywhere else...
I've been using them for a few weeks to check that I'm happy with the service. As you know I don't take ads or allow referrals on the site unless it's a company I've used and I feel confident about.
What I like about it is it's easy to use, spreads are surprisingly tight on the smaller companies and interestingly an automated stop loss is applied to each trade - so beginners know what their max loss is from the outset.
Anyway they now offer a £100 credit as long as you deposit £100. You get the credit after you placed 5 trades (Terms and conditions apply)
If you'd like to apply for an account with Tradefair Spreads and get the freebie click this link:
http://www.tradefair.com/promo/spreads/nakedtrader100/
I use IG Index for betting on the very small companies, the only spreadbet firm I can find that does the smaller ones making it possible to trade AIM cos tax free.
To sign up and get an excelllent weekly education programme use this link:
Many of you enjoy the cheap advfn toplists bronze deal through me as do many of you with the cheap level 2. However many of you say you want a half-way house to include real-time share prices always on.
So I'm pleased to announce I've managed to seal a new deal with Advfn for its "Silver" service - that's always on real-time share prices for a good saving (Bronze toplists etc are included in this).
The deal is via me you can save £30 for your first year by paying just £145 inc vat via me instead of £173.71
Just mail me for full details if you'd like it with "silver" in the subject line.
Naked Trader Seminar Latest News
Fancy spending a day with me, learning all the ways I have learned over the years to find good shares and play the markets? Well, you can at one of my seminars!
Booking is open for the Naked Trader seminar on Nov 30th
Price is £590 plus vat. That includes three course lunch, coffees, snacks etc. There is currently a decent early bookers discount off that price - mail for details!
The seminar is mainly aimed at beginners and dabblers though improvers are welcome too.
Topics covered using live market feeds all day include: Market psychology, level 2 - a simple guide to how to use it for better timing; how to value companies; finding companies that are about to rise. I will also cover techniques for handling events such as the recent meltdown and volatility.
Spreadbetting: How to use it to gain an edge and go short. Market makers - how they work and how to beat them; how to stop losing money and make it instead and plenty more.
How to plan trade entries and exits - how to research companies and understand reports, plus all those niggly questions you always wanted to ask. How to set stop losses and targets. Charts and how to use them.
Also covered: Market maker tricks: How to spot tree shakes and use them in your favour, How to tell when NOT to buy a share. I use live ADVFN all day with lots of level 2 and looks at all kind of live market data.
The idea behind the seminar is SIMPLICITY. I don't use jargon or fancy words - everything is in PLAIN ENGLISH! No question is too stupid and the event is held in a friendly relaxed and supportive environment.
The idea is you will come away from the event I hope a wise and better investor with lots of new ideas. I try and translate complex topics into easy bite size pieces. I also aim for it to be entertaining as well as instructive.
If you are interested please e-mail me at robbiethetrader@aol.com with "Nov seminar interested" in the subject line and I will send you full details of the event including comments from those who have come to previous seminars and you can then decide whether you would like to come. See you there!
One seminar attendee Clare wanted to write a testimonial about her experiences at the seminar which follows now!
"I've just come back buzzing from one of Robbie's seminars. What a day! He's just brilliant, and manages to pack an awful lot into one day, and with his enthusiastic and humorous delivery the day just flies by. There are no gimmicks, no sell, no "˜get-rich-quick' promises, just his own solid, sound approach which he has learnt over the years and which works.
He shows you how to minimise the risks and maximise the profits and points out the banana skins on the way. Where the seminar really comes into its own is when he teaches using live level 2. Hearing him talk through his thought processes and reasoning is invaluable, and really brings home everything from the book. He has endless patience answering peoples' questions, and really seems to care that everybody understands.
On top of that, you meet some really nice like minded people and swap e mail addresses, you're plied with
chocolates and coffee all day, have a great lunch and spend the evening getting tiddled with Robbie in the
bar afterwards! You might even get to see the amazing crocodile boots . . . .
Don't worry about the cost, it's easily worth it, and you'll soon make it back with your new-found investment skills, and in what you're no longer losing. If you're thinking of going along to his next seminar, whether you're a novice or an experienced trader, don't hesitate ""just go!
Thanks Clare, did you want the tenner in cash, or will a cheque do?
£100 Tradefair offer
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 5 spreadbets (terms and conditions apply)
To get the offer, click here:
http://www.tradefair.com/promo/spreads/nakedtrader100/
Naked Rambling
But how on earth did his bosses not spot this - surely after Nick Leeson and various other gambling mad addicts have screwed things up they should have had systems in place to spot it before it gets so bad?
It was so much money in this day and age how did he get away with it?
The other point is these aren't "traders" they are gamblers! They are gambling with the bank's money. If he had ended up getting into profit he would have ended up with a pat on the back.
It's his bosses that should get sent to jail. Somehow these crazy gamblers need to be pulled back. No wonder we continually get in a financial mess.
Only the silly old farts that run the churches could really have voted against women bishops.
A better thought: why not get rid of all the men, at least then you'd feel safe having a kid of yours in the choir...
You would have thought if you were a celebrity paid a fortune to advertise a hotel chain you would at the very least stay with them wouldn't you?
Um. Well Lenny Henry who tells us how amazing Premier Inns are apparently after a gig drove extra miles to go to...
erm... past a premier inn.. and to a posher hotel.
Given the millions he probably got for the ads he ought to be able to knucke down to a Premier....
This is almost as bad as Gary Linkeker admitted he doesn't eat crisps..
I feel very sorry for the poor Queen to had to sit through the Royal Variety Performance.
The poor lady had to suffer through Girls Aloud, One Direction and Robbie Williams among a load of other terrible acts.
I bet she wished she could say "One is a Celebrity, get One out of here..."
The Duke of Edinburgh was rather jolly and enjoyed the whole thing and he admitted why after the event.
"I'm stone deaf," he said.
And those of you who think Harry Enfield has done nothing decent since loadsamoney take a look at the new series BBC 2 Sunday nights. I think is it the best stuff he has done so far...
Homeland continues to produce the goods, each time you think it is about to be not so good as it was, it goes up another gear. Great stuff!
Got I'm a C... on tape but haven't quite managed to watch any of it yet. I'll try and catch up.
Reader Robert reckoned Colin Baker was a decent outsider because Dr Who fans would vote for him and I agree - I got some 20-1 and backed with Sporting Index too.
On the Sporting Index bet I make money if he comes better than fourth. Third, second or first and I'll be quids in. Used to make a lot of money betting on Big Brother with Sporting.
You can also bet on things like Strictly and the x factor..
Via this link Open a Sporting Index account and there's £100 cash offer - please check terms and conditions which apply.
http://www.sportingindex.com/?tpid=6755
Do remember if you do bet you ought to treat sports spreadbetting as entertainment - and expect to lose! Also with spreadbetting work out what your max loss could be and make sure you can afford it! In other words if you say backed the favourite at 15 for a fiver and they come nowhere your max loss is £75.
Naked Mail
Agree about facebook - the youngsters who leapt onboard when it started,
posting dire photos of them doing things they shouldn't are now grown up and
getting on in their careers and errrrrr wondering if that photo of them
mooning in the disco in Majorca was a good idea!
Nice to think I am not the only unsociable grump to not want to follow the
minutiae of my friends and colleagues mostly boring lives!
I am in the states just now and feel the Starbucks asking name thing is just
more marketing bollocks to get them noticed. If they just speeded up the
service I might go there but americans seem to need all this 'service
bollocks' to make them think they are getting their moneys worth.
Thanks Anne,
well of course I agree, it's nearly all bollocks!
Duane writes:
Wanted to say a big thank you to you and Mrs NT for an amazing day of learning and fun at your seminar.
The way you explained the share trading from start to finish was understandable and really interesting, well worth the seminar fee!
It was great to hear such down to earth and honest assessment from a successful trader like yourself. The way you explained everything was good revision from your book and gave further insight into successful share trading.
I particularly liked your live trades and going through your accounts when you gave snippets of why you invested in certain shares and why you kept/dumped them. Also helpful was the way you searched for prospective shares and within minutes discounted them or put them on a short list for further examination and correct entry points. Amazing!
You could really tell that you loved doing what you do and your energy levels to keep going till 10pm was well....... I had to leave at 9pm I was shattered!
Thanks again Robbie I am keen to put into practice what you have taught me. Even though you make squillions from your trades and I am sure don't need to do the seminars for financial gain, but please keep doing those seminars for newbies like me!
Thanks Duane! Don't expect to be doing them foreever but very rewarding for me to help people so expect to carry on for a while longer.
Gabriel writes:
If you are reading this, you are perhaps considering going on one of Robbie's Seminars. You maybe asking yourself (like I did) the testimonials are all well and good but once the euphoria and excitement of attending a Seminar has died down ..... and I am back home in my normal routine and faced with the "graft" of putting it all into practice... will I become a better trader and be financially better off?
Let me tell you that in my case it certainly has!
Book your place pretty sharpish....... is what I say !
Thanks Gabriel!
Terry writes:
Fantastic seminar.
I have always been sceptical of the public testaments you see on web sites
saying how great an event was. Now I'm one of those people!. I
genuinely believe that the tips and techniques as well as the overall
approach you demonstrated will radically improve my trading performance
Thanks Terry, well all the testaments are real but know what you mean and glad you feel it was worth it!
Stephen writes:
I read your book and did the course - and I wasn't sure if I'd recoup the cost, it's been 2 years and I've made £38k + saved a loss transferring a Jupiter ISA heavily invested in BP. I can't tell you how important this is or how grateful I am. That's just me, who knows how much people have made with your help and saved by not making mistakes. I wanted to get into shares as they recovered after the crunch, but I assumed I had to put a large amount in one company I thought would make a big jump.
But what happens when you make £1m on the website, will you still do courses? I don't know how you do your ISA and SIPP investments, write the website, books, courses and answer e-mails. But please don't give it up. Couldn't you do the courses and have a standing website which gets updated with your trades say once a month so people can see what you do..
Stephen thanks so much for such a nice mail and much appreciated! Dunno about the future, I feel like I'm getting jaded. It's possible I might just reduce it all at some point to twice a month after going weekly - that would probably help. The other problem is other people's angst is getting to me and the email workload becoming overwhelming. I think after ten years it might be time for me to quit. Anyway good luck with your trades and hope you make a lot more.
I have 3 great offers from ADVFN.
ADVFN level 2 offer
First great deal: If you want level 2, through me it is only £350 for your first year including VAT!
This compares to £473 direct from advfn inc vat so this deal saves you over a whopping £120! ADVFN level 2 also includes all the live trades made through Plus Markets which I find invaluable.
To accept this great deal just e-mail me at robbiethetrader@aol.com with "Level 2 offer" in the subject line and I will tell you how to get it. Level 2 gives you access to all the market maker positions and the order book and I would not trade without it!
More on level 2 in my book and I spend hours on it at my seminars. So if you get level 2 and want to learn how to use it properly live, book my seminar!
ADVFN Bronze Offer
To take up the offer, e-mail me at robbiethetrader@aol.com with Bronze in the subject line and I will tell you how to claim the deal.
Bronze is included inside the level 2 deal.
Advfn Silver Exclusive Offer
The deal is via me you can save nearly £30 for your first year by paying just £145 inc vat via me instead of £173.71
Just mail me at robbiethetrader@aol.com if you'd like this deal with "silver" in the subject line.
Selftrade Offer
All online deals are just £12.50 with no funny small print. Charges for phone deals are higher, check terms and conditions. They charge £8.75 plus vat per quarter if you don't make a trade. If you make one trade per quarter there is no charge. Follow this link...
http://tinyurl.com/57hp4n
Markets
Well, despite some sudden dramatic moves here and there when all is said and done at the end of the day cliche cliche etc the markets are going nowhere really up or down.
Doesn't really matter much to stock pickers because good stocks can still do well and we can still make money out of shorting bad ones.
But right now there is nothing much to push the market way higher but also nothing much to push the market way lower. The question now is, will we get a santa rally this year? Here's hoping!
It's thanksgiving coming up in the states so it's likely to be a very quiet end of week on the markets which suits me just fine! In fact I have been quiet myself kinda hoping for a market drop to buy some cheap stuff ahead of a possible Xmas rally.
I noticed late yesterday Optos (OPTS) had slipped quite dramatically but what was interesting is firstly they had slipped to an area where support had come in a few times, and secondly a statement was due today.
Given today's statement would have to have been really bad for the shares to fall more and I couldn't see any real bad news in its previous update I took the chance and bought some late on yesterday getting 167.75 and 168.5. They have risen a bit on the statement as I write though not as much as I thought they would after the statement as there still seems a seller about.
The statement was fine and it looks cheap under 190p ish - if its Daytona sales can really get going it could be a future star. I should think at the very least it will hit the 210 area again. There seems to be a seller keeping the price back at the mo, so they may need to clear before any rises.
I bought back Filtronic (FTC) at just over 31. Took some very decent profits on this recently and held onto some from 16p. this looks a good time to get back in after its fall. It its 4g business works out could easily be worth double, but there is some risk too.
MS (MSI) hit its stop and was sold averaging around 234 for a loss of £304 but I have bought back this week at 215. Statement is due any day so a bit risky but it's a small trade really so I could survive if things aren't good. However things would have to be very bad for it to be rated much lower given its strong cash balance.
Lavendon hit its stop averaging 134 for a loss of £ 349. Its statement was okay though and looking for a reentry point sometime.
I sold some of the Corin as a counter bid looks unlikely and will probably sell the rest soon - doesn't seem worth waiting for the extra 1p on the bid so I sold the 17,000 shares at 69 on Monday for a profit of £1,258 leaving 10,000 shares left.
Portfolio Highlights
Quite a few shares reporting in the last week or so....
A reminder I've been a Telecom Plus distributor for many years so it is the one share I would say I was emotionally involved in and biased!
Telecom Plus issued its half year report, all appears on track with the best sign being the massive lift in the dividend providing a handy yield. I get massive cheques twice a year and it is a great income. I think this one will just continue to grow and grow and one day will be in the ftse 100. Website profits of well over £100,000 and personal profits of nearly £300,000.
I am really lucky and have the option to buy another 4,000 shares at an option price of just 164 which if I bought and sold would give me an instant profit of nearly £30,000. I have to buy them by February so I shall be sending off my cheque very shortly!
Aga reported and it was some surprise the statement was pretty decent, not what the market was expecting and so the shares have been rising.,
Long termer Vectura also reported - a good pipeline here and it has tons of cash - could be a future very big star and hoping to hold on longer term.
Carclo also reported - at first glance it looks pricey but its CIT technology looks a winner and the shares could easily have a massive run up from here given time and patience. Nice profits on this one.
Good report also from Chime which looks solid - still in this from 50p so a nice times four and a great profit on the ones bought more recently in the 140s and the spreadbet
Dialight has risen strongly again after revealing this week it had won a decent new order, directors have been buying too - another one I just continue to hold long term and not worry about the ups and downs. Profits are well over £100,000 on it. I remember so well buying these at 150 ish at a seminar in 2009 ! I never thought I'd still have them three years later at over a tenner.
The Vitec Group's report showed the recent weakness hasn't been justified and I think they will improve again from here.
Trifast has held nicely at higher levels, can it make that push up into the 50s ? I still think it is terribly cheap under 60p. If its next statement continues the good news a rerating up into the 60s is possible bringing with it big percentage gains.
Coastal went down today after a takeover approach ended - but the approach price was way too low and actually for shareholders I think it is good news as this company continues to grow I would rather let things take their course and get a bid in six months that is way higher! Potential top up actually if it goes down much further.
Direct Line has proved a nice winning trade. I guess I might be tempted to bank some profit if it heads much over 200 but there is a good dividend and it might turn into a decent long-term winner.
Iomart is doing really well, not sure whether it can clear the 200 level, nice profit could be more there.
An. continues to motor up and must be seen as a bid target now after rejecting a low ball offer.
LOQ shares which announced a brilliant contract win in the Netherlands - massive profits in this one where I have trebled my money but I feel more to come! It has cracked 300 for sure, can it get to 400?
St Ives holds very nicely above 100 and needs to tackle 106 to head higher.
In the shorts department Abcam cracked sits around 360 so a nice short profit. Carpetshite continues to devy gravity or any explanation as to why its shares are rated like a tech company's.
Sepura continues to go for it. Nichols continues to slowly rise day by day and profits are now rolling in nicely... I'm hopeful of a bid at around the tenner mark. Long termer Entertainment One holds its own after a decent though not spectacular report. I think investors do forget about the valuation of its library which is massive, underpinning its share price. - still over doubled on the initial buys - and sticking in for much more upside will be the wise move I think. Could well take a while though and eventually I think it will be taken over.
GB reports next week, had a very good run so it is kinda tempting to bank a little of the profit and one wonders if as usual the price might go down even if the report is good.
Sitting on a very nice profit on Greencore which has soared higher and paid a dividend too! Though it isn't moving much for now.
A reminder you can spend a day with me and live markets on November 30th. Email me at robbiethetrader@aol.com with "November seminar interested" in the subject line.
I've been getting e-mails regarding my use of direct market access and who I use. I've tried a few and for me the easiest system for me is here:
http://www.igmarkets.co.uk/?QPID=1079&QPPID=1
Direct market access means you can place orders directly onto the order book bypassing brokers and market-makers with a chance to buy at the "sell" price. I would suggest you ensure you know what you're doing first but IG does provide much education with its "tradesense" educational tool which comes with it.
I also use its spreadbetting service too along with other firms like Tradefair because it now provides trailing stops which to me is a pretty sensible way of trading. Also with this link there is an excellent education programme and it offers the biggest range of smaller shares.
www.Igindex.com/nakedtrader
As usual before opening accounts please read all the warnings on the sites. You can lose a lot of money if you're not careful so pay close attention to them and make sure you always understand what you are doing and what your potential losses are.
£100 Tradefair offer
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 5 spreadbets (terms and conditions apply).
To get the offer, click here:
http://www.tradefair.com/promo/spreads/nakedtrader100/
E-mail subscription service
Telecom Plus Offer
You get to sell great broadband, phone packages and energy to friends, relatives, contacts and anyone else you find and you get cash for each sale but more importantly you get a cut of their spend EVERY MONTH for as long as they are a customer!
It's called residual income and is a far better way to enjoy a ripe old age than relying on a pension. Because even after you stop selling the money STILL comes in!
I still get paid EVERY MONTH for sales I made back in 1999! Every time a customer uses broadband or the phone or switches on a light you get paid.
It's a great business and backed by a stock market company (Telecom Plus), a dedicated team of advisors.. and me to help you on your way!
Not only do you get paid out every month for each customer you can take on distributors. encourage them like I do and get paid on their sales as well.
One day, say you could made redundant, needed a year off or wanted to retire early can you imagine what joy it is to have the regular income coming in. It's wonderful.
You have to work at it, but if you do genuine repeat wealth could be yours. I did it. You can too. For full details, why not email me at robbiethetrader@aol.com.
An overview is also available at http://www.utilitywarehouse.org.uk/fabdeal you can sign up directly there but do tell me! (Click become a distributor and follow links)
****
Trade tables follow! Trades are current open and recently closed trades. Closed trades feature the closing price and the amount I won or lost. All others are open. Trades get updated a little later than the narrative. Trading costs are ignored, however I also do not add in dividend payments and with the kinds of companies I buy, dividends tend to equal or outweigh costs. Spread rollovers ignored for web purposes. Tables as accurate as poss however a mistake or two can creep in and very occasionally if I forgot I sold or bought something it will be added at a later time.
Trades first reported Wednesday afternoons under "Markets" section..