Soldato
Anyone else been following Lond?
300%+ rise in the last 2 days and now suspended, don't feel to optimistic for the recent buyers!
Must admit i was tempted to day trade it but so glad i had my sensible hat on today.
Else its red all round
Wondered how that worked with the tube network apart from that I dont really know them
The company itself says equity must secede to debt. Ive owned suspended shares couple times and they came back but that sounds like its failed to make enough money or borrow at favourable terms.
Xcite had like 14% apr at one point with actual oil coming out of the ground so a mine with no goods must be even tougher
Certain rules oblige them to suspend I think though aim has been called lawless by some
Biggest sell off i have seen for a few month's anyone else want to add if we should now be looking at going long ?
http://www.lse.co.uk/sharecast-news...on_open:_sell-off_continues_as_uk_stocks_fall
One of the best things is to add gradually. So right now I think its a trend break with trend up lasting 3 years, it could fall back far more but I dont know. Basically it revolves around Federal reserve policy, if money gets expensive then shares which are often traded with borrowed money, are likely to go down in price. Companies themselves are leveraged for money taken vs money returned, so its like a balance between Bank rate VS company rate of return. AIM which has no returns can suffer badly, its just a yellow brick road on many
One margin account I had sold out, so Ive gone short effectively. I will buy them back and with any luck at a cheaper price. Ive bought some BP as I think they are maybe safest most possible good rate of return so share price shouldnt suffer massive
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