gamesinvestor
09 Feb 2016
Re: Warm Spit ooohps wrong board
gamesinvestor
09 Feb 2016
Warm Spit Well it looks like it for today at least - cash or shares, it's anybody's call right now.Games
gamesinvestor
09 Feb 2016
Re: Entry price or not? "What am I missing?"Not a lot mega, it's going to be a long haul unless we see significant oil spikes. Usually the forecasters get it wrong.Goldman predicted $200 a barrel for Q4 2015 --- good call yes?Mind you, Goldman also predicted 20% decline in the £, if we Brexit. Personally I think they will get that wrong by a 40% margin (the £ will appreciate and the Euro will nosedive with the confidence knocked out of the EU project altogether).Oil -- I haven't a clue M8 and nor does anybody else. But until it shows signs of life Weir has few customers with the will, or the need, or possibly even the wherewithall to spend.Games -- One day Weir will be a buy --- pick one!!
megaloss
03 Feb 2016
Re: Entry price or not? In order to justify re-entry there has to be a rationale for the shares to actually increase in value at some point after purchase. This would need an improvement in performance, and for the life of me, I can't see this happening any time soon. What am I missing?
Hardcore Uproar
29 Jan 2016
Re: Entry price or not? The crash will happen, I would say the probability is that it will happen before Nov 5th. The equity markets are so out of line with the realities of the real world, especially the debt markets. Unemployment in the U.S. is thought to be around 23% it is probably far high the official statistics all around the globe. But as President Obama, put it the other week, "I am peddling fiction!"Here is a video for you it´s a classic. I don´t now how to get embedded video links out of Facebook posts but this video is a good one!www.facebook.com/michealthankins/posts/1648738685390437
seadoc
28 Jan 2016
Re: Entry price or not? Hardcore Uproar,Thanks for the advice, and concern for my solvency.460p: Irrational perhaps, stupid maybe, but not a stupid as 911p! I have about 100 shares on watch at any one time. I use Sharescope, I make notes like post-its on the screens and it has an automated alert system which just happens to be set to 460p for WEIR. I am a sort of believer in Gann but have not put on my WEIR chart the rational for "guessing" 460p. If it reaches 460p, and I have not changed my notification alarm setting when the alarms rings I will look at: Where we are on investment cycleFundamentals of WEIRMoving averages/MACD/20(2)%K 9%D StochasticI may but probably will not buy but if not will make a note. I have watched, but not held, WEIR on and off for more than 20 years. Last time it looked value was 2005/6 but FENR looked better value. Sold those for 363.34p and 367.29p and had a watch set at 125p, touched intraday on Nov16th, which was agreed with by bots that drove this back up exactly 22.5%. My level today is set for 65p.I would agree a bear market is overdue but most bear markets have been about 40% falls and the FTSE was down 20% (now 10%), so was half way there (portfolio down 4.83% from peak in Nov 2015). So tbh if I used your 20% retracement advice this is level I should have bought FTSE. However only 3.82% of shares by value in my share portfolio are FTSE100, nearer 2% of total investments. Personally I would find a portfolio of miners, bankers and oilers too toxic a mix and for that reason avoid FTSE100 trackers. One advantage of being a PI is that my minor sums invested can be piled into a share with market cap of just a few million without affecting the market or even get noticed by HFT computers. My most significant holding has only ever represented 0.87% of a tiny company. The FTSE is now down 5% from year end having been down 9.7%, Share portfolio dropped by 2.82%.Lastly, useful tip that a crash, if it happens, will be before Nov 8. Are you prepared to deny the antecedent? If no crash by Nov 5 we have had a correction rather than entered a bear market?Regards,Seadoc
Hardcore Uproar
28 Jan 2016
Re: Entry price or not? Personally I think it is stupidity & highly irrational to set yourself a price of 460p. First you don´t know where bottoms/tops are, you need to wait until it is 20% higher each way to give yourself a chance that you´re not buying into dead bounces either way. The balance of probability that you will guess bottoms is a highly low statistical chanceYou wait until the fireworks really hit, this will scare the life out of you what is coming (providing you´re still solvent). Hydrocarbons make up 30% o the derivatives market, who is holding these holding these losses? Your confidence still springs from the fact we haven´t really entered into the bear market. You need to pay very close attention to what is happening in the credit markets. Absolutely no mention of Weir´s high gearing. Debt could become a serious problem.The news came out of Davos, that central banks are planning more huge QE injections, this is what has sent the markets highly. Price discovery has completely gone. There is no rational in equity markets. A crash is going to happen if it does) before the U.S. Presidential s.
seadoc
28 Jan 2016
Re: Entry price or not? 460 is my target but I the cash I hold in hand is for whichever WEIR or Fenner bottom out first, (target for FENR was 125 which on Nov 14 proved to be about as resilient as a NZ roadside crash barrier). For both shares 200x needs to flatten out and ideally crossed by 25x after 50x average. Should be mining/oil news/rethink first and significant investment into primary extractive industries.
KALAN
18 Jan 2016
Re: Entry price or not? 611 is the devil's number (666 came from a film - they thought it more memorable and they were right).Wouldn't buy even at 611p though - much further to go IMO. 200p is possible.
FRTEB
07 Jan 2016
Re: Entry price or not? Games, I think 666 might be quite appropriate for Weir after having run the numbers through my spreadsheet. Check out the level of debt. I bought HTG this morning - much better numbers all round. Out of interest I put 666 in for Weir and various ratios are still dire compared to HTG.
gamesinvestor
06 Jan 2016
Re: Entry price or not? FRTEB,How about 666 that has a nice ring to it -- isn't that the devil's number?no rush here to enter given what's going on at the moment.Rotork's also getting battered - again just watching.Games
FRTEB
06 Jan 2016
Re: Entry price or not? LOL999 ?...and back to 911 
gamesinvestor
18 Dec 2015
Re: Entry price or not? Lambo -- 911 has a terrible ring to it. Can you adjust that a little please?Games
gamesinvestor
18 Dec 2015
Re: 100% loss in a year ".surely you mean 50% loss?"I wouldn't worry Mega, some are challenged in many areas including mathematically.Games
lambrini girl
18 Dec 2015
Re: Entry price or not? SELL £14..might be tempted at 911<<<almost there..BANG ON!! decicions decisions..
