first buy

gavin_sharples · Dec 24, 2003, 3:47pm

ive just bought $50000 worth of vodaphone does anyone think was a bad move at 138 per share

Glenn · Dec 24, 2003, 4:01pm

If you got them for $138, then well done - a bargain, sell them immediately :-)
Otherwise...
You ask an apparently simple question.
Not wishing to pour cold water, but it raises many others, such as :-
How long you are intending to hold them and how much profit you are aiming for.
Is this a day trade, position trade or what ?
Have you set a stop loss ?
Why didn't you buy them last September at 80p support ?
Why didn't you wait for a break above 140p ?
etc etc.

Glenn

gavin_sharples · Dec 24, 2003, 4:56pm

slow down thats was miles too quick for me. it is my very first time purchaseing shares

its a day trade

CityTrader · Dec 24, 2003, 5:30pm

Day trade??? at 8.47 pm when the market shut at 12.30 today? and shut for next 4 days. Or did you buy Vodafone ADR's in $ ??

gavin_sharples · Dec 24, 2003, 5:33pm

i havent the faintest idea what im doing but will accept all help that is given thanks

Salty Gibbon · Dec 25, 2003, 12:11am

Astonishing !

If you haven't the faintest idea what you're doing, why in hell's name are you buying shares in relatively large numbers ?

Suggest get rid of them while the going is good and start again - small - like 100 shares.

Build it up slowly.

MCGF · Dec 25, 2003, 5:44am

LOL!

Brilliant!

gavin_sharples · Dec 25, 2003, 10:25am

thanks very much for the advice

Dec 24, 2003, 3:47pm	#1
gavin_sharples New Member Member Since Dec 2003 4 Posts	first buy ive just bought $50000 worth of vodaphone does anyone think was a bad move at 138 per share

Dec 24, 2003, 4:01pm	#2
Glenn Legendary Member Member Since Mar 2003 1,043 Posts	Re: first buy If you got them for $138, then well done - a bargain, sell them immediately :-) Otherwise... You ask an apparently simple question. Not wishing to pour cold water, but it raises many others, such as :- How long you are intending to hold them and how much profit you are aiming for. Is this a day trade, position trade or what ? Have you set a stop loss ? Why didn't you buy them last September at 80p support ? Why didn't you wait for a break above 140p ? etc etc. Glenn

Dec 24, 2003, 4:56pm	#3
gavin_sharples New Member Member Since Dec 2003 4 Posts	Re: first buy slow down thats was miles too quick for me. it is my very first time purchaseing shares its a day trade

Dec 24, 2003, 5:30pm	#4
CityTrader Veteran Member Member Since Mar 2003 587 Posts	Re: first buy Day trade??? at 8.47 pm when the market shut at 12.30 today? and shut for next 4 days. Or did you buy Vodafone ADR's in $ ??

Dec 24, 2003, 5:33pm	#5
gavin_sharples New Member Member Since Dec 2003 4 Posts	Re: first buy i havent the faintest idea what im doing but will accept all help that is given thanks

Dec 25, 2003, 12:11am	#6
Salty Gibbon Banned Member Since Aug 2003 1,547 Posts	Re: first buy Astonishing ! If you haven't the faintest idea what you're doing, why in hell's name are you buying shares in relatively large numbers ? Suggest get rid of them while the going is good and start again - small - like 100 shares. Build it up slowly.

Dec 25, 2003, 5:44am	#7
MCGF Senior Member Member Since Oct 2003 339 Posts	Re: first buy LOL! Brilliant!

Dec 25, 2003, 10:25am	#8
gavin_sharples New Member Member Since Dec 2003 4 Posts	Re: first buy thanks very much for the advice

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