Glencore Share Discussion Threads

[dremel] 31/10/2016 19:46

Wow, as someone said, "the share that keeps giving", I wonder how much longer ?.
Hopefully I can get my money back, bought 4666 at 370p, saw it go down to 60p, at times thought it was going down the tubes, but held on hopes one day. Watched it go no where for years except down of course .
If it ever reaches 370 again, I expect I wont sell, greed and fear are strong forces .

[tsmith2] 28/10/2016 11:58

Don't think Glen is a takeover target

[losses] 28/10/2016 10:11

The S&P 500 continued a three-day losing streak on Thursday, its longest since the second week of September. But things should be looking up for the stock market as Friday marks the beginning of the best five sessions of the year, historically.

[sawadee3] 28/10/2016 08:35

Another day like yesterday, the market taking advantage of the opening weakness :-)

Happy days chaps :-)

[arja] 26/10/2016 11:58

with GLEN's still high debt level , not much chance of a t/o I reckon !

[younasm] 26/10/2016 10:37

Closed the shorts -- finally I am slightly long again. The recent volatility has been useful for me to double up the shorts and close em --- just lucky there was no takeover of glencore in the meantime !!!

[arja] 25/10/2016 22:13

volatility is good for trading russell but I sometimes wish I had a quicker trigger finger . I bought GLEN at 247 but went lower - might be in trouble tomorrow . My main money making stock is S32 ( dual listed ) with OZ lead market and most of the volume is there . Occasionally I keep awake until midnight ( 11pm from next monday ) to try and trade it .

[russell250] 25/10/2016 21:12

fell to 1.2081 as carney spoke - carney with brexit had huge reaction - I didn't predict it - was live at time took advantage but very volatile almost like a nfp day -- very profitable for me - hope you too

[arja] 25/10/2016 16:28

russell250 - so GLEN and resource stocks came off as cable recovered a bit after falling to under 1.21 . I have not followed GLEN recently but does it normally react instantly to move in cable ? I short the pound quite a bit with spreadbets since brexit and it will probably fall further in time .

[russell250] 25/10/2016 16:02

arja - dollar related - pound fell heavy earlier slight recovery now!!

[arja] 25/10/2016 15:57

quite a pullback inn last hour but still a nice uptrending chart !

[foxy22] 25/10/2016 14:25

QUIDSIN ODIOUS....I'd give him short shrift.....and to MR IVOR GLASSENBERG well done.....and to that horrid analyst from investec last year....there's value left in glen.....260 here we come

[sawadee3] 25/10/2016 14:23

The louder the nay-sayers shout, the more one buys. Never fails :-)

THAT is how you get early retirement :-)

Happy days chaps :-)

[careful] 25/10/2016 14:16

So this is the share that Investec said had no value in February.
Goldman said conviction sell at below £1.
And Odey took out a massive short, a position he still holds.

These super rich city types are really smart.

[sawadee3] 25/10/2016 13:30

Here we go chaps !!!!!!!!!!!!!!!!!

Pass Crispin the sick bucket :-)

What a magnificent uptrend we're in :-)

Happiest days of our lives chaps :-) :-) :-)

[russell250] 25/10/2016 13:29

just popped through 247.5

question is when not if - this share goes through £3

[foxy22] 25/10/2016 13:04

Sorry typo error ...referring to Mr Crispin Odey!!!

[foxy22] 25/10/2016 13:03

Hope crisp in has now closed his shorts and gone long!

[foxy22] 25/10/2016 13:02

Strong rise today ....unstoppable

[sawadee3] 25/10/2016 11:37

£3 in the very short term :-)

[tsmith2] 25/10/2016 09:31

Zinc, iron, coal up v strongly..

[sawadee3] 25/10/2016 09:20

I knew we were in for another great week :-)

Spare a thought for Crispins clients chaps! :-)

Easy game :-)

[tsmith2] 25/10/2016 08:44

Ike graph, shorters about to capitulate

[tsmith2] 25/10/2016 07:58

Sounds good to me