Blinkx Share Discussion Threads

[barkboo] 28/8/2015 15:50

Alex - when i said "book" I didn't mean the sort you read. lol

[1gw] 28/8/2015 15:44

barkboo - I have a similar style with some shares but not a rigid system, and I do sometimes take losses when I think the risk has got too high. I like to buy into beaten-down stocks that I think have a chance of bouncing. I tend to buy in fairly cautiously to start with, so that if the price goes down after my initial purchase I can average down. The longer I hold a share, the more I study the company, so that if I then make further purchases they are more on a view on valuation and prospects, rather than on just a mean-reversion basis. And if a share I like and which I have a reasonable holding in does dip for what I believe are temporary reasons, I am prepared to add with a view to selling back down when it recovers - however I am rather ill-disciplined here and will often just keep the additional shares hoping for further gains.

[alex1621] 28/8/2015 15:44

1gw ... there's a new book being published by John Wiley, launching 1 September:"How I Made £2,000,000 on the stock market: Secrets of the Barkpoo System Revealed" by BarkypooCH 1: How to Raise £20,000,000.CH 2: How to turn it into £2,000,000 using the Barkypoo System.CH 3: How to remain confident using the denial technique.CH 4: How to ensure you are never wrong.CH 5: Bulletin board ramping.Recommended.

[barkboo] 28/8/2015 15:38

And as if by magic - the suburban turban.

[barkboo] 28/8/2015 15:37

Gordon - that is a fairly accurate analysis....i believe you once said you play a similar way?

Those posts were a quick representation of a book i use that also includes the percentage increase/decrease running parallel with another price.

You like drawing conclusions with figures on offer - i like using them.

[geheimnis2] 28/8/2015 15:36

....another couple of days onto my holiday to enjoy the surf!

the joys of running your own business!

[geheimnis2] 28/8/2015 15:34

ive added....

;-)

[sikhthetech] 28/8/2015 15:25

Btw, I think...barky went from around £2m to approx. £200k...digi from £4m-5m to £500k..

[sikhthetech] 28/8/2015 15:21

1gw,Absolutely. ..That's why Barky has a 240p target...It covers his highest priced trade plus 10%...highest price buy being around 200-210p...The biggest trader in blnx...

[1gw] 28/8/2015 15:16

The Barkboo trading system. Barkboo has described his system in the past, and I am sure he will correct my summary here where it is incorrect.

He has his core holding (over 700k shares at 12p) and then adds 5k to 10k (shares?) when the price drops by about 10%, selling again when he is about 10% in profit on the support buy. So if he was using his system this week, he would have bought on Monday's fall and made about 10% profit on the purchase (probably intra-day).

In his eyes he has never made a losing bet because he still has his shares (core holding plus all the support buys that never got to 10% profit) and presumably he uses a Last In First Out system of tracking his trades rather than an average price.

That will stay the case (no losing bets) until (1) blinkx goes bust or (2) blinkx gets bought out for less than his highest buy price or (3) he needs money and has to sell. As he says, you need "a good cash back-up" to use this system so that (3) does not become an issue. However, he can't do much about risks (1) and (2).

BARKBOO 12 Jul'14 - 10:05 - 77162 of 81937 3 1
...My personal little play/system on supporting a stock is used by family and scaffolders ... I...support any share price attacks or drops in blocks of around 5&10k, then cash and reload! ... I have never had a losing bet on BLNX, ever! ...Btw my core holding is over700k @12p...

BARKBOO 7 Jul'14 - 14:17 - 76433 of 81937 0 0
...My core holding stays until it reaches my valuation. I never buy more when the share price rises. I support the stock when the share price falls around 10%, and I sell back when that support shows around 10% profit. You must have a good cash back-up.

[alex1621] 28/8/2015 15:13

They must have wi if on the beach?

[barkboo] 28/8/2015 15:11

Alex - "If you go from £1m to £200k, then you forfeit the right to call anyone thick."

Please read your posts a dozen times before you go ahead. You are coming over as a bit of a plank.

I have supported this stock many times when under attack. It has gone back to the 30's before when Mo Mo had a go. It has bounced every time.

How much would you say my supporting has netted? lol

[geheimnis2] 28/8/2015 15:07

^^^^^^^^ bitter loser?

[alex1621] 28/8/2015 14:47

If you go from £1m to £200k, then you forfeit the right to call anyone thick.

[geheimnis2] 28/8/2015 14:43

great post barky!

[barkboo] 28/8/2015 14:39

Alex - I suggested you read your posts a dozen times before you post....CEO ffs!

"If you have been a buyer since the shoe dropped in 2014 those purchases are underwater."

Did I ever say none of my purchases are underwater, I said I have never had a losing bet on BLNX - you are thick!

Unlike yourself - you lose for fun! lol

[geheimnis2] 28/8/2015 14:30

^^^^^^^^ watch out starbucks! gary glitter is back and using your wifi!

[alex1621] 28/8/2015 14:29

Barky - your the guy predicting £2.40 a share for Blinkx and claiming never to be wrong. If you have been a buyer since the shoe dropped in 2014 those purchases are underwater. Now if your argument is that the bulk of your shares cost you 12p or so, all you are advertising is your idiocy for taking that magnitude of drawdown. You have zero risk management. If you invest £100,000, watch it go to £1,000,000, then let it get down to £200,000, you're nuts. You've given your money back to the market. Well done Barky!

[kendonagasaki] 28/8/2015 14:24

Your the ones who's always under something?At this moment in time your under suspicion of being incredibly thick?

[geheimnis2] 28/8/2015 14:22

kendo - you are a better poster when you are not heavily underwater?

oh dear!

just a thought?

[kendonagasaki] 28/8/2015 14:22

Yes Barky I'm sure!Oh look it's £2.40!Your a genius?

[barkboo] 28/8/2015 14:20

Grandad - I make money not trouble, that's your job!

[kendonagasaki] 28/8/2015 14:19

I bet you've come across him many a time Gimpy?

[kendonagasaki] 28/8/2015 14:19

Who did you have it off with?Digitalis or Gimp Boy?Did the wife join in again?Oohhh vicar!