Eurasia Mining Share Discussion Threads

[1liam] 08/12/2020 13:37

Up up and away :)

[cool hand kev] 08/12/2020 13:35

A quick change of share price direction here?

[riotinted_specs] 08/12/2020 12:26

Me too and the Dow and the S&P 500

[harrisun] 08/12/2020 11:09

EAS. no I just despise the fact spread betting and leveraged deals are allowed at all, whether long or short.

It does distort the market. Look at the EUA situation, where it was dropping for no apparent reason...accept it was where a long bet had been stopped by spread bet company? So the idea it doesn't distort the market and that Spread bet companies only make their money on the spread doesn't really stand up to scrutiny.

[easwarareddy] 08/12/2020 11:07

And we all hate shorters and their deramps

[little minx] 08/12/2020 11:04

Some of the sells are buys. Look carefully at the figures. Assume somebody filling an order or still collecting.

[lastchanceinvestor] 08/12/2020 11:00

I'm thinking mainly that Brexit has nothing to do with EUA and that a fall in the pound would be good, as it would increase the £ value of any $ offer. But it seems in the meantime that market turmoil can be used by the MMs to generate sales on all stocks at present. I've basically accepted that no real news is due here until the New Year - as any bid would need an EGM , which takes 2 weeks to organise anyway. I don't want to sell and be wrongfooted, as the AP (?) company looking into Monchetundra resources could drop a report at any time. So I'm in, as I have been since February. I'm not really impressed with the ever-extending timeframe here, but surely Dmitry is doing his best.

[harrisun] 08/12/2020 10:56

yes and a good example why the great majority lose their shirts on spread betting is shown today at Altyn.

You gamble on a share with a spread bet company....they take your money, you put a stop...then depending on their exposure they can control the market.

Today for example. The news was not bad at all?

But the drop there was disproportionate so a lot of 'lucky' spread punters with long bets were stopped out....you lose it all....

Then realising its overdone, you try to claw back via another position and find its closing market only.

Spread bets....a license to lose money, and a distortion markets do not need.

It is said spread bet companies only make their money from the margins...but not true.4

Imagine you are such a company, you know exactly how many longs in any share, exactly what your exposure is....

An RNS comes out, not too bad, but the you have far more exposure to longs than shorts, so sell into the market, drop the price, hit the stops....then closing deals only?

Its like playing poker against a player who has unlimited funds and marked cards.

[meneither2] 08/12/2020 10:55

What about your margin call on a 30% drop?If you don't use a stop loss you'll need to have enough cash to keep covering any drop

[sportbilly1976] 08/12/2020 10:48

Penn,

not necessarily. Fully cover your bet and you have the same tax free position as in an ISA. Cover to 75% and you are utilising less capital for the same gain.

IG currently have 25% margin on 0-22472 £/pp.

It is only covering for a 5-10% drop and using stops which causes issues

[pennstreet] 08/12/2020 10:07

Yes, and a chance to lose your shirt too!

[cbeadle] 08/12/2020 10:02

The other way to get tax free profits is spread betting but there’s a much wider spread

[underhill2] 08/12/2020 08:48

Good for you

[ekuuleus] 08/12/2020 08:27

damn, i'm feeling an urge to strongly short the ftse.

[soilderboy] 08/12/2020 08:03

Nice to see Blackrock getting their feet wet again.

[livewireplus] 07/12/2020 22:32

.... and putting it in to DuckDuckGo gives some interesting results as well ...

[livewireplus] 07/12/2020 22:30

.... and if you put 'flexible shares isa' in to Google then you get quite a few more options as well ...

[livewireplus] 07/12/2020 22:27

The Vanguard ISA is a flexible stocks and shares ISA, which means that you can withdraw cash at any time and replace it during the tax year without it counting towards the current ISA limit.hTTps://www.vanguardinvestor.co.uk/need-help/answer/do-you-offer-a-flexible-isa

[livewireplus] 07/12/2020 22:24

We offer flexible ISAs, so you can replace any cash withdrawals during the same tax year without counting towards your annual ISA allowance.hTTps://www.charles-stanley.co.uk/stocks-and-shares-isa

[stra3enkater] 07/12/2020 22:19

Are there any flexible S&S ISAs?

[uknighted] 07/12/2020 21:02

You can put the money back into an ISA if it is a Flexible ISA.

[2020cv] 07/12/2020 20:59

Helmet-useful to also know that once you’ve deposited you annual limit of 20K into your ISA, you cannot add any more funds via deposit and also .... if you need to take a bit out of the account , you cannot put it back in in the same tax year ( if you’ve already deposited said 20K ).
You have to wait until next tax year to put it back in and it will count towards that years deposit limit ( currently 20K ).

[2020cv] 07/12/2020 20:59

Helmet-useful to also know that once you’ve deposited you annual limit of 20K into your ISA, you cannot add any more funds via deposit and also .... if you need to take a bit out of the account , you cannot put it back in in the same tax year ( if you’ve already deposited said 20K ).
You have to wait until next tax year to put it back in and it will count towards that years deposit limit ( currently 20K ).

[d0f21] 07/12/2020 17:32

They must suspect something good coming :)

[d0f21] 07/12/2020 17:30

Just remember it's one ISA per year, the account should have somewhere to track your investment Vs threshold.