Softcat Share Discussion Threads

[shakeypremis] 01/7/2016 10:24

Looks like a bit of profit taking has kicked in this morning after the initial rise. People will have made over 10% in a few days, not to sniffed in these markets and under the current economic outlook (grim).

[uhound] 01/7/2016 08:15

Naked Trader effect.

[ali47fish] 30/6/2016 22:28

i hate aim when out of the blue a share either rises with vertigo or slupms witout news- i have only got a small holding waiting for this to rise but there is no wauy to manage this so why the bloody rise?

[shakeypremis] 30/6/2016 15:47

Cat's got the cream.

[shareholder7] 30/6/2016 13:27

Agree with Maverick but don't forget the dividend

[maverick82] 30/6/2016 11:46

They are a great company igoe104 with increasing revenue, increasing customer base and zero debt.
I sold my last holding prior to the Brexit vote so took a nice profit there. I too have bought back in, currently hold just under 4000 shares @ 307p and am looking forward to a return to the 350+ range again
Good luck!

[shakeypremis] 30/6/2016 10:07

Got back in again after a period away at 308p this morning. Let's see what the next couple of weeks bring!

[dlku] 30/6/2016 09:51

Purring nicely, up it goes again

[dlku] 30/6/2016 09:30

Was 380p just last week

[dlku] 30/6/2016 09:04

scat moving northwards

[igoe104] 30/6/2016 08:15

Hopefully this will be the start of the recovery.

[abarclay] 30/6/2016 06:34

CNBC

Live: Stocks bounce to near pre-Brexit levels
Kalyeena Makortoff | David Reid | Spriha Srivastava
48 Mins Ago
CNBC.com
5
SHARES
COMMENTSStart the Discussion
Our live blog is tracking global market moves after U.S. indexes retraced losses from the post-Brexit malaise to turn positive year-to-date.

[shakeypremis] 29/6/2016 17:44

This has to be a screaming buy at these levels, it's almost at the issue price. Must be at least a 20% gain on the cards in short term as this share moves up quite quickly.

It hasn't had a post Brexit bounce yet either like a lot of other stocks. I'm going to try to get in tomorrow at around 300p.

[shareholder7] 24/6/2016 14:24

Great opportunity to buy Softcat.It is a well run company with a unique sells methodology and all business is in the UK

[pal44] 23/6/2016 14:14

its been ticking up for a few day now .. something stirring I think .. GLA

[ali47fish] 21/6/2016 18:48

why is this one up today?

[smokybenchod] 19/6/2016 09:19

Thanks again Fruitninja - yes definitely helps. Just typing my resignation letter to work. Lol if only, maybe one day :)

[fruitninja84] 19/6/2016 01:43

Yes Level2 really gives you an edge. But it does take time to get used to. Its best used as a final check before pressing the buy or sell button. Its main advantages are seeing where market makers are buying/selling and gauging the depth of the orderbook over time imo, during a strong rally in a share the book will be deep on the buyside andthin on the sell and vice verse during a decline or downtrend. looking at softcat just now i woulnt even consider a trade here unless the price dropped to 300. But that is just me. I would plan to repeat the 300p to 350/370p trade and if i cant get it i will wait or find another opportunity. It could be a very volatile week and i could get my wish here as a stop loss cluster could be around 320p and if that level gets hit a sharp short term fear based drop to 300p perhaps? All imo and pure speculation but hope some of what i said here helps.

[smokybenchod] 18/6/2016 22:54

Thanks fruitninja, common sense and level2 access by the sounds of it :) I think you really have to have a lot of time on your hands to be getting that involved and using level2 during the day - difficult when you have a job. Will stick to my plan and common sense. Was curious as I got out at 353 on the way up and thought I had did a good job until it went to 3.80 :) not complaining as I was in at the 2.83 originally and some top ups in the low 3's. Now to pick a decent reentry point... GLA DYOR

[fruitninja84] 18/6/2016 20:57

@smokybenchodNaked trader is not looking at the charts.. He is has an open and a close firmly set in his mind before he even trades. He was targeting around 3.50p from support or 290 where the share is obviously cheap and traded his plan. He would of spotted the turn using level2 around 370p where sellers would of stated building on the book and took profits there . I've attended one of his seminars years back and I can tell you it's all based on simple fundamentals and a round of common sense . No plan no trade.