Ig Share Discussion Threads

[deanroberthunt] 07/12/2016 11:04

MOMENTUM, RSI AND MACCIE DEES ARE OFF THE SCALE.

[investment dave] 07/12/2016 10:57

possibly £6 today

[deanroberthunt] 07/12/2016 10:47

all indicators are still mega massively oversold!....short squeeze will see this back to 600p

[undervaluedassets] 07/12/2016 10:38

I have been on the phone to the FCA CMCX and IG index

Sooo... before we all completely lose our heads it's worth saying that this FCA report is a consultation document and not a matter of fact. And the consequences at this stage seem to be worst unknowable and perhaps more encouragingly hugely over exaggerated.

Interestingly both IG and CMC point out that the majority of their profits come from 'High rollers' (so called) who know exactly what they're getting involved with when they play with leverage.

The 'know nothing' Punter who is given 200 x leverage by plus500 and their ilk and has his account closed before he can breathe is the target of the FCA's regulation . This will be sorted out in the consultation process and I think we may find that this is a very small storm as far as the bigger players are concerned.

It may well even strengthen their businesses as they pick up clients from the disreputable.

However, what really does seem interesting to me is that the shares of IG, CMC, Plus500 and Playtech were all trending sharply to the downside in the days preceding the FCA announcement (9% down between them in aggregate over 4 days before the announcement). It would appear that the FCA report was not so very secret after all.

[dusseldorf] 07/12/2016 10:36

Any rise will be tempered by caution, I'm holding through to at least divi, unless it gets back to £6 ahead of that, in which case I'll probably drop out

[rl34870] 07/12/2016 10:32

Talk about an anti climax ... there I was all set for a bit more bungee jumping...and its flatlining !

[frew34] 07/12/2016 10:21

so how much is the dividend again? I bought 6000 of those unloved babies.

[shujja1] 07/12/2016 10:17

Ig are the best they is very fair to they clients

[finess] 07/12/2016 09:59

Nice know that everyone was short and did not hold IGG.

I wonder were all the guys who lost money went to.

[declan2] 07/12/2016 09:50

I don't like IG, nor do I like their very questionable practices. These must be looked into.

[raffles the gentleman thug] 07/12/2016 09:42

Agree royaloak ... IG a great platform

[csmwssk12hu] 07/12/2016 09:19

Exactly someone said earlier that 82% of itsclients lose, that's not how it's marketed, it's marketed as a 50/50 bet, you agains someone else and they take the spread as their costs/profits, it's not marketed as only 18% will win, better odds on a horse race and more likely to get paid IMHO dyor, they may well over out of uk to go to eu and passport in, got some bad news we won't be in eu soon so that plan won't work, also director sells nearl £90k of shares at £8 plus just before this breaks, come on usual small guy getting shafted IMHO dyor

[royaloak] 07/12/2016 09:10

I did not hold shares in IGG but as a company I believe they provide a brilliant service. I trade IG Level 2, I also now have an ISA with them which I deal with on the same platform.

What were the authorities doing when the Banks went bust in 2006/7? What have they done about many AIM scam companies? What are they doing about the massive debts people are building up on credit cards?

Looks to me that they will destroy good companies at the expense of everything else.

[deanroberthunt] 07/12/2016 08:57

santa rally coming up azwell, could be back over 600p by the time Rudolph is being prep'd for take off!

[weemonkey] 07/12/2016 08:55

plus500 look fxxked

And i say that as an ex investor

[tsmith2] 07/12/2016 08:48

Don't think many even bothered to read the condoc yesterday..I do think plus500 don't have a sustainable biz model going forward though, this is obviously good for IG and other premium ones

[tsmith2] 07/12/2016 08:47

20-30% rise, easy here

[deanroberthunt] 07/12/2016 08:36

looking forward to a £4000 dividend in 2017 on this baby, plus a decent capital gain azweell in my sip :)

[deanroberthunt] 07/12/2016 08:30

yet they allow frauds to operate day in day out on AIM with not an ounce of intervention.....especially the China norfolks!!!!

Oh, and did you know Rob Terry is back of Quindell fame....ffs, talk about easy targets

[bolador] 07/12/2016 08:29

from the proposal document article 1.19 re objectives,

"securing an appropiate degree of investor protection"

The clients of IG and party are not investors, at best they are traders.

The FCA has no business here.

[deanroberthunt] 07/12/2016 08:27

bad news is the best news you can have...

[deanroberthunt] 07/12/2016 08:26

this is the best advertising IGG could get, and it's all for free....client numbers will rocket now, as it's in every paper and news bulletin....

[weemonkey] 07/12/2016 08:25

IG is as British and loved as tea and car boot sales. .

Will endure. I have met Stewart Wheeler - nice guy