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Easy Money
- Thread starter Beach Hut
- Start date
Beach Hut said:
Very weak, very weak. You know that if the take out price was a nailed on 20p, then they would be trading at 20p already, right? You know that there are people with access to far better information than you, with far more money than you?
I thought you did your own research. I expected that research to be somewhat deeper than "an analyst says they will go to 20p, another says 25p".
If this is as good as you've got, then I suggest you stick any lucky profits in your back pocket and reflect that almost any stock listed on the LSE has analysts and brokers forecasting a price higher than the current price. Yet most don't get there.
Can you give us a run down of your other investments, past and present?
NMH
Banned
Tom Hark said:
If you buy on margin, you can certainly lose more than you put in. Anyway, you are talking about single throws of the dice as stakes - most gamblers don't put their whole worth on a bet, just as investors usually don't put all their eggs in one basket - so it's swings and roundabouts. Horses are a short term 'investment' gamble, and stocks are mostly long-term. Both can lose you money, even if you are smart, often lucky, have a nailed-on tip backed by sound information and research, got a sensible forecast, or tons of faith.
nail-Z
Well-known member
Beach Hut said:
But what did YOUR research suggest?
You must know more than these analysts as all of the facts and strong rumours are already factored in to the price. Buy the rumour, sell the fact, etc...
Oh - and if anyone wants to know the winner of the 16:00 at Cheltenham on 16th March.... I had £5 e/w
Beach Hut said:
Of course. And there was no possibility of the price plunging, before any subsequent bid approach and any bid price being lower than your lucky purchase price.
Let's ignore the fact that it was 100% guaranteed that Pipex would be taken over because it wasn't guaranteed at all, your gamble has proven to be lucky in that regard.
As you are such a shrewd and sophisitcated investor, could you share some of your analysis with us regards to the valuation of the company when you decided to get on large, the fundamentals of the company, and how you actually valued the company and for what reasons. As you are so keen to help boost the wealth of NSCers everywhere, this info would probably help many appraise 'investment' decisions.
NMH
Banned
How is the smart money doing this bright morning? What's the trend with this 'Pipex' then?
Any updates ?
Any updates ?
sten_super
Brain Surgeon
They are currently half a pence down at 16.5p.
http://www.londonstockexchange.com/...rices.htm?sym=GB0005846018GBGBXAIM 0584601PXC
http://www.londonstockexchange.com/...rices.htm?sym=GB0005846018GBGBXAIM 0584601PXC
Hannibal smith
New member
NMH said:
One can only assume Beach hut is in the Maldives having congratulated himself on his financial mastery.
Either that, or he is still round and about in cloud cuckoo land somewhere.
sten_super said:
Once my order for 10,000,000 can be filled by the market-makers, you just watch these babies fly.
sten_super
Brain Surgeon
I'm going to put everything I have into these babies... which is about £20.24. 
Despite Beach Huts assurances (I mean it's not a gamble, there's no risk involved) everyone this morning has been selling. 4 firms with holdings over 1% (including HBOS and Aviva) have all sold shares at between 16¾ and 17¼p this morning, while no-one has bought into them large.
Despite Beach Huts assurances (I mean it's not a gamble, there's no risk involved) everyone this morning has been selling. 4 firms with holdings over 1% (including HBOS and Aviva) have all sold shares at between 16¾ and 17¼p this morning, while no-one has bought into them large.
Woodchip
It's all about the bikes
Tom Hark said:
Have you never heard of spread betting?
sten_super
Brain Surgeon
Beach Hut said:
Still believing that there is no risk involved in investing in the stock market?
Woodchip
It's all about the bikes
You sound like GG.Beach Hut said:
Hannibal smith
New member
Beach Hut said:
Right. No risk whatsoever? So (a) How come they have gone down in value today? and (b) Your not prepared to stake every single spare penny you have in them? Dress it up all you like. The Stock market is gambling same as the horses or Poker or whatever. The only thing that is different is that the risk and rewards vary in each. The only reason why you don’t class this as gambling is to justify it to yourself.
Don’t bother to reply. I may as well argue the moon is made of cheese given your ability to listen to anything rational by anyone else on this thread.
sten_super
Brain Surgeon
Woodchip said:
That's just what I was thinking!
The thing is, this will come off, and Beach Hut will come back and say "look I told you it would come off". But that will be missing the point. The risk may in this case be small, but there is still a risk. And if there is risk involved, then it's a gamble. As someone said earlier in the thread, a gambler looks for value. A gambler thinks they have more or better information than the market, so takes the odds on display. In betting, this means a team being shown at 5/1 to win, and the person betting thinking that they are better than 5/1 to win, therefore creating value in the bet. In investment, the investor thinks they have better information than the stock market, and so the stock is undervalued, thereby creating value.
But, from what I've read so far in this thread, I suspect that Hannibal is right, and there's going to be no persuading you that investing is gambling.