longtomsilver Posted June 17, 2015 Share Posted June 17, 2015 Should I buy a speculative 10,000 shares with money I can afford to lose? Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted June 17, 2015 Share Posted June 17, 2015 Buy some Bitcoin instead. Quote Link to comment Share on other sites More sharing options...
renting til I die Posted June 17, 2015 Share Posted June 17, 2015 Should I buy a speculative 10,000 shares with money I can afford to lose? First HPC rule of investing; Don't ask HPC where you should invest! Quote Link to comment Share on other sites More sharing options...
longtomsilver Posted June 17, 2015 Author Share Posted June 17, 2015 First HPC rule of investing; Don't ask HPC where you should invest! Haha. I know I shouldn't ask really and went ahead anyway. I wouldn't invest in bitcoin/cryptocurrency as it's something that's beyond my comprehension. Quote Link to comment Share on other sites More sharing options...
renting til I die Posted June 17, 2015 Share Posted June 17, 2015 Well you have asked now and I have just been informed from another thread that any post that is slightly off topic is technically trolling. So, not wanting to troll around any more, lets get this back on topic! http://www.circleoil.net/en What's the story about this company? Why do you think it is currently undervalued? IF you did buy, how long would you be looking to hold it for? How much would you buy? Quote Link to comment Share on other sites More sharing options...
renting til I die Posted June 18, 2015 Share Posted June 18, 2015 (edited) Well you have asked now and I have just been informed from another thread that any post that is slightly off topic is technically trolling. So, not wanting to troll around any more, lets get this back on topic! http://www.circleoil.net/en What's the story about this company? Why do you think it is currently undervalued? IF you did buy, how long would you be looking to hold it for? How much would you buy? BTW, It might not have been clear, with my little trolling rant but I was serious about my questions to you. I am interested in what you see in this company? Is it a pure play on the oil price? I think there may be safer ways to do that if that is the case! Edited June 18, 2015 by renting til I die Quote Link to comment Share on other sites More sharing options...
200p Posted July 3, 2015 Share Posted July 3, 2015 (edited) Commodity plays are still going through a very long spell of protracted pain right now, and there is a risk of some companies going bust. It's best to wait for the upturn, and hot money will start to flow into the sector. That is the sweet spot, to get in. That's why I watch the CRB index, and I'll look for two year new highs as an indicator. The market cap is £55m, and so in the scheme of "oillies", this is small. I do read about the pain from investors holding onto a fairly recent speculative play; GKP petroleum - be careful not to join them in the pain! Edited July 3, 2015 by 200p Quote Link to comment Share on other sites More sharing options...
longtomsilver Posted July 26, 2015 Author Share Posted July 26, 2015 Commodity plays are still going through a very long spell of protracted pain right now, and there is a risk of some companies going bust. It's best to wait for the upturn, and hot money will start to flow into the sector. That is the sweet spot, to get in. That's why I watch the CRB index, and I'll look for two year new highs as an indicator. The market cap is £55m, and so in the scheme of "oillies", this is small. I do read about the pain from investors holding onto a fairly recent speculative play; GKP petroleum - be careful not to join them in the pain! Thanks 200p. Obviously I'm sitting on a paper loss here of around £175. It's just a diversification/hedge in a much larger portfolio that has performed strongly over the last year or so. Recently sold half my Sylvania platinum holding which was showing a £2k profit. 20% is currently allocated as cash as I'm hoping to pick up a reasonably sound divi payer on the dips. Quote Link to comment Share on other sites More sharing options...
Will! Posted August 3, 2015 Share Posted August 3, 2015 Commodity plays are still going through a very long spell of protracted pain right now, and there is a risk of some companies going bust. It's best to wait for the upturn, and hot money will start to flow into the sector. That is the sweet spot, to get in. That's why I watch the CRB index, and I'll look for two year new highs as an indicator. The market cap is £55m, and so in the scheme of "oillies", this is small. I do read about the pain from investors holding onto a fairly recent speculative play; GKP petroleum - be careful not to join them in the pain! See Soma and Afren. Quote Link to comment Share on other sites More sharing options...
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