MARCH 6, 2013
It's wedding time
***Sorry folks no update today (13th) - I have a tummy bug and don't feel up to an update but I will be back with a full update on March 20th - apologies ***
***SPEND A DAY WITH ME ON APRIL 26th!***
My next seminar is this Friday April 26th near Heathrow.
If you want details email me at robbiethetrader@aol.com with "April seminar interested" in the subject line and I'll send you details, there is an early bookers' discount available ... more details below too.
And there is a follow up on March 22nd for those who have been to a seminar already - we do level 2, live trading, research, finding new companies and timing tricks all day! Mail me with "follow up interested" in the subject line.
*****
At last! For the first time since I can't remember when yesterday the sun shone and I could lie in the garden with sunglasses, a cool drink and Nicki Minage on the headphones. Bliss...
Now we can remember this country is brilliant in the sunshine and let's hope this year we get a fantastic summer.
Shame it was only one day.
We completed the house purchase on the 1st.. well the Mrs, did, I was hosting the seminar!
Though it is strange as we can't move in till July when the building work is finished - a loft and extension is being built.
I think I was in denial about how much the building work was going to cost, Looks like I am going to have to raid by spreadbetting accounts a bit further...
The builder sent me a payment schedule that looks like what Wayne Rooney earns every week.
Christopher wants his bedroom to be a football bedroom complete with Fulham FC curtains. Sure, why not?
We hope to be in by September by taking the builder's estimate of June then doubling it.
At the weekend we are off to a wedding. Granny is coming down to look after Christopher and we have booked a room at the wedding hotel which looks rather good.
Not been to a wedding for ages. I'm at the age between getting invites for weddings and invites for funerals.
Whether or not I end up doing the Gangnam Style at the disco will depend on how much I have inbibed. I suspect the Mrs will ensure somehow I stay firmly in my seat.
Maybe I will start hosting nights for old crusties where we are allowed to "dance" without the teenagers being able to have a good laugh.
I enjoyed hosting Friday's seminar very much and it was brilliant to meet some of you readers in real life rather than on email.
The new hotel proved terrific, they even had a chef making us waffles in the tea break, yum!
So many great people, I can't mention you all! But hello to the three Fulham fans who attended, I hope you put the Fulham stickers I gave you in the window.
Thanks to all of you for your very interesting good stories, disaster stories and inputs during the day, a big help to everyone to hear real experiences.
Congrats for keeping me there till late - indeed I feel there were some of you happy to make it an all nighter but I treated those who stayed to the bitter end to some pizza!
The attention you gave it was brilliant and it made my day when at the end of the level 2 session many of who were easily calling the level 2 screens correctly.
That was really rewarding for me to see people being able at last to take a more informed and unemotional decision whether it is a good time to buy or sell a share.
I think many of you began to realise the importance of trading plans, not just punting on any old rubbish because of a tip or someone on a bulletin board or - in several cases - someone down the pub!
Hopefully you all got the notes I emailed you and if not, let me know.
Thanks too for all the lovely comments coming in. A quick sample:
"Thanks for the tremendous seminar on Friday and your amazing stamina to keep on going so late. Through your description of level 2 and particularly the test examples you gave, made me realize that I was on the right lines and now have the confidence to apply it. As you said, a Eureka moment."
"Thank you so much for the seminar yesterday it was absolutely brilliant and really enjoyed it! Knew I was going to learn a lot but didn't realise that it was going to be such an entertaining and fun day too. The time just flew by.
As one of the ladies there thought it might have been a bit intimidating but it wasn't at all just very relaxed. Spoke to most of the other ladies and everyone seemed to be really impressed and enjoying themselves. So all great!"
I won't do any more as it might become nauseating if it hasn't already.. but my thanks to many of you for feedback.
I wish you all well in your trading. Remember: follow the trading plan! Also thanks to some of you who have come to previous seminars reporting some success. That is rewarding too.
If you missed this seminar but would like to come and spend a day with me and some lovely readers mail me at robbiethetrader@aol.com for details with "April seminar interested" in the subject line as the next is on Friday April 26th . I will mail you details.
There is currently a decent early bird discount on offer!
Beginners and improvers welcome! Come and spend the day with me, the markets and some lovely people - and of course, lunch!
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 Seminar - March 22Nd**
A follow up with me will be on March 22nd... You must have been on a previous basic one of mine to qualify.
The last one was great fun so I can't wait - I know some of you who came to the last one want to come again! It is all day level 2, research, finding new stuff, timing and live trading. Who knows what will happen!
If you are interested mail me at robbiethetrader@aol.com with "follow up interested" in the subject line.
* The all new THIRD 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 Capital Spreads offers a great book on how to spreadbet for readers via this link http://www.capitalspreads.com/ntrader
Its spreads are surprisingly tight and interestingly an automated stop loss is applied to each trade - so beginners know what their max loss is from the outset. A super site for beginners.
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 excellent weekly education programme use this link:
http://www.igindex.com/nakedtrader
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 April 26th
Price is £590 plus vat.
That includes three course lunch, coffees, snacks etc.
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 "April 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?
Capital offer
Its spreads are surprisingly tight and interestingly an automated stop loss is applied to each trade - so beginners know what their max loss is from the outset. A super site for beginners.
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 excellent weekly education programme use this link:
http://www.igindex.com/nakedtrader
Naked Rambling
The ex winner of the Apprentice reckons she was "just a lackey" and given a job that didn't really exist.
She's taken Lord Sir A to a tribunal. She says he said he didn't give a s*** if she left.
Well, this is the problem with reality TV. It isn't really reality. It's entertainment.
Once the cameras stop rolling everyone loses interest. It was just a TV show - the job didn't actually mean much.
Always remember if you get the chance to go on TV you are in a Faustian pact with the devil.
Sure, you will get publicity. But it will use you, give you a fake personality then spit you out when done.
One TV channel approached me to be the "Simon Cowell" of trading for a TV show. That was an easy one. "I'm out".
Very interesting follow up to "Bank of Dave" about a Burnley entrepreneur who wanted to start a local bank offering good interest to savers and good rates to borrowers.
He would visit each would be borrower and give loans to small businesses the banks turned down. Any profits go to charity.
The FSA decided it was illegal and threatened Dave with jail and tried to shut him down.
Dave wasn't having this and enlisted help and got publicity for his cause.
The FSA quickly changed its mind and more or less allowed Dave to carry on with it.
Dave visited Germany where surprisingly there is a local bank like this in every community.
Food for thought for this country. If it works in Germany how's about a Bank of Dave in every town in the UK?
Got a business that needs a bit of cash? Bank of Dave will let you have it. Surely banks like these would give a big lift to the economy, Works in Germany, should work here...
Girls on Sky Atlantic continues to get more and more enjoyable and a great reminder being in your 20s can be rather stressful!
I forgot to record either of the dramas on the two main channels so never mind.
The Mrs still hasn't noticed the unwatched episodes of Downton Abbey. Maybe she has but doesn't want to admit she doesn't really want to watch them...
Via this link Open a Sporting Index account and there's a £100cash 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.
Irish Offer
I hear a lot from Irish readers who struggle to get an account open with a UK spreadbet firm, so I would recommend this Irish spreadbet company which you should be able to join with no bother on this link:
http://www.shelbournemarkets.ie/
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
**Sorry folks no update today (13th) - I have a tummy bug and don't feel up to an update but I will be back with a full update on March 20th - apologies *** I leave you here with the last update**
Wow the Dow hits a high! Who'd have thought it?
Yet again, there are wobbles here and there but the wobbles keep being bought up. As those of you who came to the seminar could see I didn't mention it here but bought the last wobble as a ftse bet in the early 6200s which is going nicely.
Those trying to short against the market are being badly singed. IG shows more than 80% of its spreadbetters have been short the FTSE since it was 6000.
This is what happens if you go with what you think rather than what is in fact happening. You have to go with the trend. Shorting against it can lead to disaster.
I can't remember ever making so much money so quickly, I'm guessing but looking at the accounts it must be over £150,000.
It is almost impossible to lose at the moment, so if you have been taking any sizeable losses recently consider: should you be a trader?
And talking of this topic a reader has offered to share his terrible experience. Read it for yourself and be pleased it is not you.
***
"Hi Robbie just bought your book at the weekend and if i had seen it earlier I would have the 12.99 and not standing a loss of £150k (this is one hundred and fifty thousand pounds)
I am at a point were my whole day is literally spent sweating and stressed out as 100k was from my pension and 95k from my lifetime savings and every mistake in your book i have made. I feel wrecked. I lost most of my money on ..wait for it Desire and range resources.
Lifetime savings - I have 19k left which is all in Range and if I sell I have no chance of getting anything back so i guess I sit tight and pray- though if it gets to 10p etc over the next 6 months will I be tempted to hold in case it goes up more?...oh dear I bet you have heard stories from t"$ts like me before lol
I bought lots of range and rmp high and panicked and sold low and Xcite and gkp blah blah..oh f*** spd crashed yesterday just noticed..recovered a bit today.
Just thought I would share this with you so you can pass it on..it's not a game..I feel suicidal I've lost all this money for my future (pension) and present ( 19k left-not sure to cash in or wait) and I've now lost my job because I couldn't focus with these losses and lost my long term girlfriend because I was a depressive s*** to be with. it just sickens me to the core and my confidence to get another job is at an all time low.
I don't mind you passing my story on if it helps others. I would hate to see someone else in my position.
just wish I would have seen your book sooner...I bought more of a lot of the stocks on the way down catching a falling knife, thinking averaging down would work and not doing research..and the worst vice of listening to BB boards and 'so called experts' who mysteriously disappear when the stock falls rapidly.
i guess now I have your book I might sell the lot and plan a new strategy with proper stop losses, although I haven't a great track record in picking stocks or just cut the lot..wipe my mouth of the £150k jointly lost and put it down to stupidity, but hopefully i can get my life back on track. I know this sounds hard to believe but I have never bet on anything before nor been to a casino..it was pure greed listening to someone who said they made a 20 bagger on GKP a couple of years ago.. what an idiot."
So there we are. Thanks for the chilling story. I think it is easy to spot where he went wrong.
But to spell it out: what all new punters do, buy up all the crazy oil stocks hoping to make a killing. Believing tipsters and bulletin boards and the bloke down the pub.
Putting nearly everything in just a tiny handful of risky stuff and not having a balanced portfolio. Holding onto losers as they crash and hoping they will come back.
As you can see from the email this reader can't bring himself to sell even now. It's a terrible psychological problem. As he says he "might" plan a new strategy with proper stops. Will he though?
Never ever allow yourself to get into this sort of mess. Greed was part of it - "this oil share will make my millions".
Losing punters always think they will get the money back, find excuses for holding onto duffers, never use stops, etc. They never buy companies making real things with real profits, always hoping against hope their company will find oil or gold. They get influenced by idiots.
I won't ramble on about it any more, but this kind of stories are in my book.
Turning now to my trades (real companies making real profits using stops!)
I bought some Fiberweb (FWEB) at 78.75. This one came up at a screening late on at the seminar and I liked the look of this one for a potential run up to a quid.
Profits are nicely on the rise here together with a nice cash pile developing too and unless the market tanks I would think a decent chance of 100p or so in time.
I also picked up some Xchanging (XCH) again this came up at the seminar at 144.5. Again the figures here look really promising. I didn't really like this sector before but I like these figures.
And another that came up at the seminar was Communisis (CMS) which has easily raised a good amount of money from institutions. Possibly one of those shares that could end up with a surprising game changer. Anyhow I didn't get the best of prices on this one at 52 - currently as I write it has gone down to 50, however I'm keeping a stop well below the current price and think it will head higher again.
Next seminar by the way if you missed this one is April 26th. Mail me at robbiethetrader@aol.com for details. Come and spend a day with me and live markets and beginners especially welcome.
I bought a few Avon Rubber (AVON) at the sell price using direct access at the seminar at 398.25. The idea being to get in ahead of a bounce (!) - I already have some bought much lower down.
(If you are interested in a system which you can try and buy shares at the sell price this is what I use: www.igmarkets.com/nakedtrader - I do suggest strongly you educate yourself and understand what you are doing before trying it for real)
I topped up in Chime (CHW) early this morning after its report. They have had an amazing year and though management says growth won't be so good this year as they had things like the Olympics, the outlook is very strong and I am targetting 300 for the shares. Already in profit by over £6,000 on the site.
It is really dangerous to short stocks in a strong market however ...
I made a short in PZ Cussons (PZC) at the seminar at just under 408. As I explained on the day, it's a pretty good company making stuff we all use like soap. However it trades on a high multiple and a look at the chart shows it peters out at around 410. I think it will struggle to get higher.
However if it goes above 415 then that could be a powerful breakout so a stop is placed at 415 so if the trade does not work out I can just take a small loss.
I've sold out of Vitec averaging around 625. The statement was okay but nothing fantastic and it looks fairly priced. Disappointed as I thought initially they would go to eight quid. That banks profits for the site of £3,506.
And Anite has gone at 157 for a profit of £690. It reached well past target and with buyers drying up, seemed a good time to quit for now.
That's a total profit banked for the site of £4,196.
PORTFOLIO HIGHLIGHTS
Recent buys mainly go well, though quite honestly a monkey with a pin could pick something right now and it would probably go up..
The recent spreadbets are up - Filtrona spreadbet especially keeps on going higher as does the CSR one, and Senior - they are all heading towards their target areas.
NMC Health top up worked a treat, now 100 points up on the first buy and 30 points on the topup.
Dialight has really kicked higher and directors have been piling in with share buys so happy with the recent top up.
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 12 quid - website profits are up and over £70,000 and personally profits over £100,000.
I think Dialight's 20 year light is going to be a massive winner and it could end up being a mega company unless it gets bought.
Great stuff from Costain which reported a fine set of results today. Be interesting to see if it can get through 300 but in the meantime up a fair bit here.
The recent Brammer trade has been a big success so far. Looking for it to hit around 400.
Pendragon has motored up, looking for 25p on that one. The brilliant Low and Bonar has conquered 70p, dare I hold out for 80?
Filtronic continues to rocket and today goes over 70p and targets highs of a year or two ago. Profit are huge now, over £15,000 but it might be one of those shares that carries on going up so sticking in there.
Recent trade Huntsworth goes fine though nothing tremendous, it needs a break through 50 for a bit more.
RWS continues to do well, up nearly 200 points on this one, nice. The spread is a bit of an irritant though.
LOQ continues to do the business and has pushed through a fiver giving me a lovely five timer!!
The lovely Porvair now flirts with 200 what a star trade... brilliant profits here and wondering if it can now tackle 200?
Coastal has been in a slight downturn but even so than trebled on this brilliant oil play. I suspect a bid will come in here this year at hopefully around the 1800-2000 mark.
Telecom Plus tries hard to get above the tricky tenner. All looks on track and I would expect a nice steady rise this year. It seems to have cracked the 900 area for now - cracking a tenner is going to take a few attempts, Website profits of well over £100,000 and personal profits of more £300,000. I just continue a long-term holder.
It is holding a big meeting with distributors with some big news for them in a couple of weeks.
Vislink (VLK) is shooting up nicely and looking for it to go to 37p ish. Management already forecasts some nice profit rises over the next 3 years and it looks cheap and at some point should get a rerating. Very low risk too and it is in a hot sector.
Nichols where I now sit on a fabulous profit is up again after telling the market it is ahead of expectations - it has tons of cash so I'd expect them to announce some kind of big dividend with results in March.
Trifast is having a remarkable run, it is tempting to look at taking some profit soon, I just wonder though whether it can get into the 60s first.
Alternative Networks has been rising very fast and cracked 300. Excellent profits there and worth being patient with them. I wonder if a bid is coming (they already turned one bidder down) .
. Sepura's report wasn't enough to get it through the 100p area ..100 surely must be cracked sooner or later. Not quite yet. Mid 90s for now.
Iomart has really motored up recently - getting above 240 looks the next test.
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.com/nakedtrader
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.
http://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.
Capital Spreads offer
To get the offer, click here:
http://www.capitalspreads.com/ntrader
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 in the diary under Markets on Wednesdays.