Re: Nice to micho Thanks for sharing Nice to. I guess of it was easy we would all be millionaires!...still, determines to make a success of this or all that time, money and experience is wasted.Lesson number one for me is to only use what money is left in my pot. When you're almost wiped out it concentrates the mind shall we say. Lesson two. Spread the risk. Lesson 3. Don't get emotionally attached to a company. Lesson 4. Research and more research. Lesson 5. Try and buy at the bottom. Lesson 6. Take some profit along the way. Lesson 7. Never be afraid to cut your losses 7. Be patient 8. Don't be too greedy....I'd better stop there but you get my drift? Anyway time will tell. I would like to see my pf double in 12 months overall. If I haven't achieved this then perhaps I still haven't got it right.The law of averages thing you mention is one of the reasons to spread risk imo. Going 'all in' is a risky move although we've all probably done it. At least by investing in multiple plays you're unlikely to get totally wiped out but the downside of course is if you don't have a large percentage of your pot invested in just one company then the gains aren't necessarily going to be as spectacular overall. I guess it's about getting the balance right because of course if you have say 30 companies, you may just be holding one of those rare 50 baggers!Anyway, I'm doing what I can so let's see what the next six months can bring.Atb
Re: Shareshopper1 Hi Willurq...thanks for. I that was looking around yesterday and I did came across FRR. It does luck very interesting I totally agree and I also noticed that the CEO has recently made a large investment. I'm fully invested atm but if one of them come to fruition FRR will be on my buy list. As usual, it's all about timing.Atb
Shareshopper1 May I respectfully suggest you take a prompt look at FRR?Not intended as investment advice and I hold the stock myself but transformational news is expected possibly as early as tomorrow.Good luck whatever you decide.
Re: Nice to micho Just north of half the 50 odd stocks are AIM stocks shareshopper.. and the vast majority of those are O&G'ers and other commodity stocks.. .. and that because I believe the underlying commodity prices will be at least flat and probably up in the coming year or two. AIM is brutal so be very careful and be very lucky. Indeed until you've lots of experience and made lots of mistakes it may well be painful. Also do this as effectively a full time thing for me and unless the same for you I wouldn't advise doing what I do. ( i don't necessaily want to play the markets this way - ie gambling instead of investing - as its hairy, risky and very time consuming but it's the only way I do well in the stock market, so far at least... and so I'm defaulted into keeping doing it .. and it becomes a specialism as you go and having a specialism is helpful in this game imho ) PS: if you want to see the stocks I'm in you can just click on my posting history.. calling iindividual names out to you would perhaps be hit and miss as it's more a laws of averages thing and sometimes the ones you have high hopes for do badly while the low hopes ones do well etc..also it's part trading as well as mostly buy and hold, as you often should bank some profits as you go, especially on spikes imho )Good luck
Re: Seems a decent.. Only problem is I think there's an echo!
Seems a decent ...bunch of posters on this BB
Seems a decent.. ...bunch of posters on this BB
Nice to micho Hi. Your earlier post caught my eye about you saying you hold 50 plus AIM stocks at any one time. I've lost a pile of cash by holding just and coming a cropper on both so now in the process of building a pf virtually from the few quid left.I was only thinking this week if it woild be a good strategy to hold much smaller holdings across a large range of potentially life-changing multibaggers in the hope of being in one or two that really do take off in a big way?.In this vein I've started by splitting funds into 3 companies, Xtr, Prim and Ukog. Do you also have a plan for either top slicing or selling out completely as the winners appear?Hope you don't mind me asking but I would really appreciate your thoughts as I need to find a better strategy than last time as I really need to make some huge losses back.Atb
Re: This company has got an income Thanks Tp, likewise. Me and xtr go back a looong way so feels a bit like coming home. Yes, although a tad late due to funds being tied up elsewhere, I'm hoping to see at least a bag here before moving on.Serious losses to make up from the car crash RRL!
Re: This company has got an income Good luck, ss, nice to have you on board (even though youve left it a bit late....whereve you been all this time ??). ))))
Re: This company has got an income Agreed. I buy in the day before Elena posts a buy rec..I'm speechless. Never known it. This should mean were on to a winner!Gla
Re: TB polish anybody? Haha, B_B, long time no see.Finally it looks as though well be making some money very soon. Good newsflow already started and set to continue as plant get up to speed and the Dore bars come off the production line. Revenue stream soon to be established, hopefully a substantial and regular contribution.Then to the hard rock.Still a way to go, but were well on the way.Good luck.TP
TB polish anybody? My first post here for many months. Had nothing to say so unlike some here I said nothing. Check in every so often and tick up accordingly, HOWEVER........ This has been a couple of days with great news for XTR holders and I share optimism that once some solid revenue figures are published many more investors will climb on board.At the dizzy heights of .4p old money I sold out almost all my holdings here, for a nice profit. Ever since I have been trickle feeding this stock in the belief that it will come good and consequently, like many others, I'm 51% underwater. My TB's have become somewhat tarnished so vigorous polishing is required and I may just see enough shine to invest another couple of grand later today, or, do I wait for the inevitable retrace on Monday morning. Either way I think our fortunes here are turning for the better.GLA B_B
This company has got an income Looking at the chart this company has momentum.Now they are a produc
8p needed to equal old hyped 0.4p Gla