01/08/2014 05:52:53 Cookie Policy Free Membership Login

Flybe and Mothercare: I'm in

Share On Facebook

‘Buy now’ is not really a sensible thing to do as we could fall 10% more in the next few days.

However we might not and when a stock looks right you should buy regardless.

This has caused me to buy Flybe, which I suppose is a very risky buy. Airlines go bust all the time, such as the likes of Silverjet, but Flybe fits the criteria so I’m in.

I’ve determined to hang on in if I’m sat of fat profits and buy even during a slump. I’m really being very contrarian!

I picked up another dollop of Mothercare. I like today’s statement and the chart looks good to me. It’s a long term play though.

I really do want to buy more Trinity Mirror but I’m maxed out on my portfolio allocation. Darn! I shall grin and bear it.

Meanwhile, away from sensible investing my Euro position is looking fine and dandy.

The cliff hanger is Cable and Wireless; can this takeover really go pear shaped?

Of course anything can, but it would be a pain if this did. I’m accidentallydoing a classic merger arb here, let’s hope it doesn’t end up going sour. The market is so full of perversity at the moment the chances seem high that it might.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com


By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 140801 05:52