Sprocket60
12 Jan 2016
Re: Bottom fishing.... Dont read the statement from RBS if you have just bought into any share. This will scare people even more regarding stocks.The damage to the markets is not yet over & this is becoming a depression. See how much gold will rise this year on the back of this bad news.
xTitanic
12 Jan 2016
Re: Bottom fishing.... nice little rise 4% to 240p at 11am - but will it hold?.Going below £2 imo. Stop Buy in force
San Jaime
11 Jan 2016
Bottom fishing.... 439 for £1K - Could not resist having a small punt here as it looked like AAL are now bouncing along near the bottom before a modest recovery. Probably called it wrong though. We shall see......
Sprocket60
09 Jan 2016
Re: here we go again... So easy to blame a previous Government when your policies also flop. The real blame is that the banks wern`t regulated enough by the Bank of England. All was going smoothly in the Blair years when banks were making massive profits by buying dodgy sub-prime mortgages from the American banks. When the reality of these bad mortgages hit home, then the British banks were left holding worthless bits of paper. Believe that Barclays saw this happening & started to dump them before the crash, they rest had to be bailed out.So, nearly 7 years later, where are we ? Massive debts for this country to pay off due to quantitative easing, austerity measures still in place because the economy is not as good as was originally thought. I think that the Conservatives have had enough time to get things back on track & they will ultimately fail. Austerity has not worked so where else will they get money...your pension funds look next on the list & hide your children's piggy bank as well. F@@k it, i`m of to get sozzled...at least i`m happy for a short while.....
Eugene Thomson
08 Jan 2016
Re: here we go again... Would have been good had he and Cam let Britain know in the TV debates before 7 May...We were told that the Tories had it sorted and global issues could be dealt with...and Labour, not global issues were the cause of previous fall out....I doubt we were lied to...the Tories tell lies...no chance.Hang in there......NOT.
xTitanic
08 Jan 2016
Re: here we go again... Only said GO's speech/interview was interesting - not that I have much time for any politician.He seems to have changed his tune a bit since Autumn Statement.Generally agree with you, except for conclusion (BUY GOLD). Perhaps tin foods and firearms may be better bet (after good looking girls that is!)
Sprocket60
08 Jan 2016
Re: here we go again... As i said " PIFFLE". All started from quantitative easing to stop the banks from going under. This was probably the only thing that could have been done to stop the country from going under at the time, with a gamble that the world economy would recover. The World economy did recover, but was based on Chinese consumerism. The Chinese market has now peaked some time ago & is now in a big correction. Obviously the stock markets have responded to this namely in the commodity sector & also in the price of oil.End result is that this country is now massively in debt & has to find more money to pay off this debt, hence " AUSTERITY". Call it what you will, but it simply means our Government want more of your money. This can be through benefit cuts, taxation or reducing the services that your local council supplies. Will they be cutting the £ 300 daily allowance for the House of Lords ???Afraid it is dog eats dog or start queuing up at the local food bank......BUY GOLD !!!!!!!!!!!!
xTitanic
08 Jan 2016
Re: here we go again... Novice - "Am i misunderstanding something". Just a lttle announcement on Dec.8th[link] particular :"Dividend suspended in respect of 2H15 and 2016 - upon resumption, policy will change to pay-out ratio to provide flexibility through the cycle and clarity for shareholders"AA is selling off left, right, centre. Can it go bust?. Depends on China and world economy.IMO it won't but could end up a penny share and the company a shell of its former self.Do you want to invest in a company that's lost 80% of its SP in 12 months no div for 2 years?. Do you feel lucky?.
xTitanic
08 Jan 2016
Re: here we go again... George Osbo's "cocktail" of serious threats interview[link] a 3 minute listen
Sprocket60
08 Jan 2016
Re: here we go again... The gold is the only stash that i have that she hasn`t had a share of. I tell a lie.i cashed in a bar earlier this year to buy her a pre-planned funeral...true & she was very happy. She probably thinks i` now an miserable ugly old grump from the Prince she first met...but that`s what happens after living together for so many years..would be hard to replace though.Havn`t heard Osborne`s speech yet, but can imagine what piffle was said. All that man want`s is more of people`s money whatever the consequences for their welfare.Looks like i`ll be buying in now below £ 2.00 or may just go for more gold.....
NoviceAnker
08 Jan 2016
Re: here we go again... Am i misunderstanding something, but this share has a dividend set at 24%!If they cut the dividend will that have create another sell off? What is the likelihood this company can collapse?
xTitanic
08 Jan 2016
Re: here we go again... Shame on you - I hope your girl doesn't read this board otherwise say goodbye to that stashed gold, ha ha.Fingers crossed the market will calm a bit, but with even George Osborne speech. I doubt it
Sprocket60
07 Jan 2016
Re: here we go again... Very funny, if not true....got some physical gold tucked away but it dosn`t get your pulse going the way shares do. Strange because you pay an agreed rate for gold & see it go up & down in value just the same as shares. Bit like pulling a beautiful girl, great at first, then get the same problems that you would with an ugly one...which is what i have got.
xTitanic
07 Jan 2016
Re: here we go again... Forget the "stop-loss". What is required is a "stop-buy".This market is scaring me, even though I wanted a correction
Sprocket60
07 Jan 2016
Re: here we go again... Dare i say it...under £ 2.00 ? Held back from buy Today as this is a mass sell off again. Total guess to call a bottom now the rot has set in again.The Chinese issue has not bottomed yet so will give it a bit longer before i buy in with long term hold.
