Recent content by mystical_ag

I'm still hanging in there. I'm in a lot better position than last week Friday. Any signs of the price rocketing again, then I'll definitely get out. The past couple of days has given me breathing time, and it's taken the heat off the take-over speculation. phew !

Thanks all for your replies / advice. I did not set a stop-loss, as my strategy when going short was to allow for the possibility of the price moving against me up to 20% away. Then correct my position. The biggest lesson I've learned is avoid short selling potential takeover targets.

Right now, I'm waiting for the speculation to die down - of which I'm prepared for the long haul. Hopefully, the price will stabilise, then retract. Two options open to me are: 'cut my losses & get out'; or 'short sell more to bring up my break-even price'. I just want to know 'what happens...

I've been caught up in a short position, two days before massive takeover speculation. I'm not worried about my margin, and my holding is reasonably small. Hopefully, I'll be able to ride the wave and correct my position. However, what will happen if I'm still short and a takeover becomes...

many thanks Kevin ..., thanks for your answers / clarification. your answers have been re-assuring, I think I'll sit tight with these shares for a while - or until the situation changes. cheers!

Hi all ... I've recently invested in a ftse 100 company that in undergoing a program of buying back it's own shares, to be held in it's treasury. Over the past one month, this company has undergone approx 10 transactions totalling in excess of 2,000,000 shares. Now holding approx 3% of their...

thanks all ... I've just had a look into CFD's, that seems the better option for me. cheers !

hi all ... I have recently started online trading & so far I have paid £500 in stamp duty. Although, I have made approx 1.5% gains, after stamp duty. However, Is there a more efficient way to trade, and reduce stamp duty?