So are they a scam or are they not a scam - as you said if they are a scam its not the individuals fault ..... |
fenners66 if you buy penny stocks you pays your money and take your choice.The 'pink slips' in Wolf of Wall St told you all you needed to know about stocks like that.You sell stocks based on adverts and recommendations in publications like 'Hustler' and other soft porn mags to blue collar workers then they have the choice to buy or not.Get rich schemes have always been about......whether individuals fall victims to it is entirely up to them imho |
redbarron10 - I do. And I share it with those boards where the companies have no business but people buy shares year after year anyway. However they do still buy shares , are they to blame themselves or do your conditions allow them to blame others ? |
Sector wide, PM, MO, BATS, IMB all off today, 13 weekly dividend cycles is fine by me, multiplied up by how many companies you have covered off..
See where we go before the next XD here 26th.. |
Of course combustibles will reduce Bats said this and want it, shame Nielsen did not mention booming other products. Hopefully Fed cuts .5% tomorrow and makes high yielders even more attractive. |
And a good opportunity for the shorters to bail. |
This today released stateside….
Tobacco stocks, BAT and Imperial Brands fell 2.4% and 1.4% as data from Nielsen showed there is still no signs of improvement in US combustible volume momentum.
Cigarette volumes declined in the four weeks to September 7, with Nielsen showing volumes down 11.4%, steeper than the previous 4 weeks at negative 9.9%.
Alliance news |
That makes more sense for a cup n handle 28.. 27.50Then a reverse trend gla |
Each to their own strategy, good luck. |
I've had phnx for about a year, last time the share price recovered post ex divi to pre ex divi prices, but I'm not overly concerned with price movements, just the dividends. If something shoots up, like this did 20%, I'll review the Yield, but while they're treading water, I'll just sit back and watch my income grow year in year.Anyway, nice to see your name pop up, haven't seen it since the good old days of SLE and LLOYGood luck with all your investments, including this one |
Good luck switching to Phoenix, they will be under 500p ex div then wait 6 months for the next one, a dividend every 13 weeks works for me with Bats. |
I sold my shares yesterday, mainly profit taking and my main investment strategy is dividend hunting, this has done so well that the yield is now low enough for me to exit and I've moved my money into phnx. I was always a bit unsure with this investment due to the link to smoking, which was another reason for exiting, this upcoming budget is going to be a hard one, and the easy choice is to target unhealthy items, people are less likely to revolt over £1 on a pack of cigarettes than they are 5p on a litre of petrol.All in all, glad to be out, but I still wish you all the best with your shares. GLA |
I just got a few more at 2900 |
I suppose all these analysts have to say something, Buy, sell, hold, otherwise no commission for the brokers, no money for brokers if we all bought and held for years like me, lol. |
Just to put the recent negative comments about the AIM market into persoective, there may be plenty of duds (which can be avoided) but it's possible, through diligent research, to invest in growing and profitable companies which offer stunning capital returns. Adding these to one's balanced portfolio makes eminent sense.
For instance, take these two companies
Judges Scientific - £14 in 2015, £106 today Renew Holdings - 49p in 2006, £10.90 today
Not to mention reasonable dividends, especially in Renew. |
According to SA 'breaking news' an analyst at BTIG has raised a red flag over the consumer staples sector going forward.Whether that has to do with the share price drop who knows |
Fenners66 Did I not say dyor in my post? I've never invested in AIM stocks....those that do do so at their own risk.There's a reason why they on AIM |
Wow that's a gift hopefully just jumped in bought at 2903p. |
A bit of profit taking / a move back towards big tech I suspect.
I still think a move closer to / just above 3000 is on pre the divi.
Good luck all 👍🏻 |
Any reason why its down 50p. A bit early for ex div impact. Is it profit taking? |
I must admit to being sucked in by talk of unicorns with aim stocks in the past. Bidstack and Eurasia mining to name 2 |
Aim, wild west of investing, always jam tomorrow never today. Best avoided even by the most seasoned. Look at the divs offered by BATS, legal and general, even natwest and Vodafone seen as risky by some, still a thousand fold safer than Aim. |
"don't blame others unless it's fraud or a scam."
When is a scam a scam ? Look at the Aim market and some small caps... Some with a 20 year history of having no business and losing £m's including serious £m's 30+ etc. They are just "honest failure" right ? In which case no point in blaming others according to your direction. But those that promote these companies on these boards ,year after year...? |
Quite.Every investment carries a risk.Dyor and mitigate that risk.If you make a wrong investment choice don't blame others unless it's fraud or a scam. |
If you can't afford to lose it then don't play with it , said the actress to the Bishop. |