I am going to disappoint you but although I know about it all I just don't pay attention to banks and financials usually because they are too complicated as a business to understand unless you specialise in them. I try to stick to simple tuff like consumers, manufacturers, builders, simple models where yo can full understand them. How banks earn their money seems very divers and complicated so I just give them a wide birth.
You are right, I do both. On occasions where the stock might look everyone is aware of and it starts moving up I might just pile in and keep adding as it goes up.
If the stock is quiet and I have some time, I try to buy so much that I don't move the price, than I average in, whether that is averaging down or averaging up, I just prefer to average as it stops me buying at too high a price then seeing a pull back.
More and more when I feel I I have found something very good like OTB I try to go in as big and as fast as I dare or else these things get away before I can get a sizeable position and averaging up destroys a great initial buying price.
Always try to average up on dips, even if they are only intraday,it make a big difference imo
Rebel, I am new subscriber, great write ups. What are your views on the vehicle finance shenanigans affecting close brothers, Lloyds and secure trust bank, amongst others. Storm in a tea cup, buying opportunity or stay clear?
Thank you for your insights into early stage turnarounds and mid stage progressions. I would really value your view on how to go about increasing a position after an initial entry. Do you wait for pull back to support or add during advances. It is probably a combination of both, but what factors are you looking for to add to a position or conversly hold and wait? Any insight would be invaluable.
Thanks Richard. Another fascinating post showing the objective analysis behind your stock selections. Your choices of OTB and IAG were expertly well timed. I notice some interesting bowls on OSB, CORD and AA4.
Hi Mark,
I am going to disappoint you but although I know about it all I just don't pay attention to banks and financials usually because they are too complicated as a business to understand unless you specialise in them. I try to stick to simple tuff like consumers, manufacturers, builders, simple models where yo can full understand them. How banks earn their money seems very divers and complicated so I just give them a wide birth.
Sorry I can't help any more than that.
No worries Richard, your approach makes perfect sense. Thanks for the reply.
Hi Laneo74
You are right, I do both. On occasions where the stock might look everyone is aware of and it starts moving up I might just pile in and keep adding as it goes up.
If the stock is quiet and I have some time, I try to buy so much that I don't move the price, than I average in, whether that is averaging down or averaging up, I just prefer to average as it stops me buying at too high a price then seeing a pull back.
More and more when I feel I I have found something very good like OTB I try to go in as big and as fast as I dare or else these things get away before I can get a sizeable position and averaging up destroys a great initial buying price.
Always try to average up on dips, even if they are only intraday,it make a big difference imo
Richard
A pleasure Edward.
Not at the moment Stephen, it's one I sold to buy GYM. I may well buy back though if cash permits and I can time it right.
Thanks for the quick reply Richard. I’m also looking to raise cash to make purchases.
Thank you Andrew
Thanks re timing.
I don't know about OSB but CORD and AA4 both look like decent bowls imo.
yep, if the indexes rise a bot more they will break through technical that should trigger more buying imo
Thank you Colin
Rebel, I am new subscriber, great write ups. What are your views on the vehicle finance shenanigans affecting close brothers, Lloyds and secure trust bank, amongst others. Storm in a tea cup, buying opportunity or stay clear?
Thanks Rebel for the detailed review.
Sounds like many opportunities to come in the next month or so.
Unfortunately I didn’t buy back into OTB, CARD or LIO just yet but have done well with IAG and Jet2
I did however retain all my CAR and most FCH so haven’t had the greatest week!
Onwards and upwards!!
Thank you sir, your analysis is always well researched and constructed. Your work is appreciated
Hi Richard,
Thank you for your insights into early stage turnarounds and mid stage progressions. I would really value your view on how to go about increasing a position after an initial entry. Do you wait for pull back to support or add during advances. It is probably a combination of both, but what factors are you looking for to add to a position or conversly hold and wait? Any insight would be invaluable.
kind regards Laneo74
Excellent analysis again Rebel. Thank you for posting this valuable insight.
Richard
Do you hold CPI?
Very well written - thank you
Thanks Richard. Another fascinating post showing the objective analysis behind your stock selections. Your choices of OTB and IAG were expertly well timed. I notice some interesting bowls on OSB, CORD and AA4.