Share Investment, Discussion & Tips

[BlasterBates]

new buying opportunity...

stocked up on Glencore

[MarillionFan]

new buying opportunity...

stocked up on Glencore

Agreed. But I topped up the day before at 106. Ouch.

[SimonMac]

Oi MF how is your Glencore doing these days or did you cut your losses?

Volkswagen upto €135.25 at the moment, think I bought them at around €109 but the change in Euro rate has made the profit a little leaner

[MarillionFan]

Oi MF how is your Glencore doing these days or did you cut your losses?

Volkswagen upto €135.25 at the moment, think I bought them at around €109 but the change in Euro rate has made the profit a little leaner

Did the opposite. Kept them. Put in 7k at 106 originally, then the price tanked. Then last week (I forget which day I woke up to see it had tanked from 87 to near 82, so I put in another 7k at 83.5, which give me an average of 94.75. But I sold 6845's worth sometime this week around 91/92. My portfolio says I'm 1% under, so saying I have a break even of 96. Which can't be right as I got 6845 quid sold and 6667 quid left, which on 14k means I'm about 500 quid down, have 7000 shares left so I need 102 to break even???

I should have sold the same number I bought, proper confused this one, but did manage to drop the breakeven.

PS : To self, take the keyboard off American $$$$

[SimonMac]

Did the opposite. Kept them. Put in 7k at 106 originally, then the price tanked. Then last week (I forget which day I woke up to see it had tanked from 87 to near 82, so I put in another 7k at 83.5, which give me an average of 94.75. But I sold 6845's worth sometime this week around 91/92. My portfolio says I'm 1% under, so saying I have a break even of 96. Which can't be right as I got 6845 quid sold and 6667 quid left, which on 14k means I'm about 500 quid down, have 7000 shares left so I need 102 to break even???

I should have sold the same number I bought, proper confused this one, but did manage to drop the breakeven.

PS : To self, take the keyboard off American $$$$

Its why I try to limit any shares, if I am overweight in one I will stop reinvesting the dividends, confuses my calculation especially given I calculate the yield on purchase prices only not current value

[MarillionFan]

Its why I try to limit any shares, if I am overweight in one I will stop reinvesting the dividends, confuses my calculation especially given I calculate the yield on purchase prices only not current value

I'm still up overall though. My portfolio shows in blue, but I've done some quick trades in this time moving stuff.

Had 4k on Glencore in October and in my head thought I was up in a few other areas as well. Just bothered to do a calculation off all of my trades since October and in total I'm 3.3k up. Only 2.7k in total on Glencore, so obviously I must have made some other losses on the way down.

So not as good as I thought.

[AtW]

if I am overweight

Not the question that is relevant to MF...

[MarillionFan]

Ouch. Glencore dropping like a stone, topped up yesterday.

[BlasterBates]

Glencore is looking interesting again

Shell and BP look good as well.

[MarillionFan]

Glencore is looking interesting again

Shell and BP look good as well.

Well I just tried to buy at 77.30 the low for the day, only to find out the Barclays trading is down and I cannot trade feck all.