Itaconix Share Discussion Threads

[the patient investor] 26/4/2019 23:08

"It must be imminent"

discuss

[krp10] 26/4/2019 21:29

when is the first quarter update. Last year it was on the 16th april

[cyberbub] 26/4/2019 20:18

I just have a funny feeling that the share price is about to go on a run northwards... Am considering averaging down... No advice intended of course. GLA

[dramatis] 24/4/2019 13:23

Keep the faith. I remain a holder. Not a stock to watch too often. Early stages. Great things to come IMO.

[dexdringle] 23/4/2019 16:57

You never know. Even a broken clock is right twice a day. Surely you and I must hit on a winner eventually just by the law of averages ?

I'm sorry you are in difficulties, that's not good. Maybe if I hope this comes good for someone else's benefit rather than my own that might work.

I'll start the hoping thing from tomorrow and see how that works out.....

[dexdringle] 23/4/2019 14:14

...is the correct answer. It seems that either of us is the kiss of death - but both of us, well, that's never going to end well !

[the patient investor] 23/4/2019 13:57

answer

because you n I are in it

[dexdringle] 23/4/2019 13:03

tpi. When was the last time you had a blood pressure check ? :¬)

You do realise that these are going to £0 don't you ? And that it is just a matter of time...….

[ny boy] 17/4/2019 23:42

Well I am happy holding from a low base, expecting great returns by the end of the 20’s, I have BOOM, MSYS to keep the theme running.

[the patient investor] 17/4/2019 07:07

cyber, priceless post tx

[cyberbub] 16/4/2019 23:08

PS The share I mentioned ARS is another example of a flatlining chart. I believe it's likely to jump 50%+ shortly (I've been holding for about 3 years since 2p) - but please don't take this as advice, all investing is risky!! Good luck to all ITX holders (me included LOL)

[cyberbub] 16/4/2019 22:57

Clearly "buy low sell high" is the thing to do obviously! :-)I try to firstly look at the fundamentals:1. If the company revenue-making? If so, look at its last couple of years' figures, look at the PE and PEG, dig out any brokers' reports, read the BBs, make your mind up if it's cheap enough to buy, or is it likely to get cheaper? If they are loss making are they running out of cash and will need a placing soon? Is there an inflection point coming up (e.g. sustainable profitability) that could catapult it northwards? Look at the quality of the management, are they known shysters or do they have a good reputation? And above all, be skeptical of everything!!2. If it's not revenue-making, do everything as above, apart from the PE and PEG... Also the only financial figures you need are cash burn and cash remaining... These shares tend to need more specialist knowledge of the industry and location. Comparison to peers can be useful. I invest in mining exploration companies for example, but try to filter them for the genuine few diamonds in the rough (for example I am in ARS and ORM, DYOR) and then just hold hold hold, maybe buying se more if they dip short-term.In all cases I also look at the 1-yr chart. Buying in a downtrend is usually a bad idea in my experience. What I really like to see is a long flatlining chart (see ZOO, which I bought at 11p in 2017, sold at 120p) or other evidence that a bottom has been reached. Personally I try to keep my porty to no more than 6 or 7 shares, I can't follow any more than that with the attention they need. I also rarely bother buying a share unless I think it has the potential to 3-bag or more. That way if it only doubles I'm not too disappointed! I don't see the point of the risk and stress for 10-20% gains.All just my own views, no advice intended.

[ivor hunch] 16/4/2019 17:07

You've got a point Dex. In our share club we run a fantasy portfolio competition where everyone selects 5 shares in January and at Christmas the best portfolio winner gets some champagne. One of the entries is 'Random' which is selected by throwing a dart at the Times share page. Random always does pretty well, always in the top 5 and one year it actually won. So much for careful research!

[krp10] 16/4/2019 09:59

When is the next update due ? Last year it was on 16th

[dexdringle] 16/4/2019 08:51

I think the only way for PI's to make money on the markets is to buy shares that go up in price. Too many of them (me included) buy things that go down in price.

Actually I wonder, over a 12 month period, how many shares on the FTSE / AIM combined go up and how many go down. If it is roughly 50/50 then I am pretty spectacularly good at picking the wrong 'uns more than 50% of the time. Amazing really.

I reckon I could honestly do better choosing my investments by chucking darts at a copy of the FT.

[ivor hunch] 16/4/2019 08:30

In my view the only way for a PI to make money on the market is to keep 90-95% of your portfolio in high yielding shares, investment trusts and REITs in an ISA for tax free income and speculate as intelligently as possible with the remaining 5-10%. I can get over 6% tax free from my ISA which year-on-year is an unbeatable return.
Don't be tempted to put speculative shares into an ISA because if they crash you cannot get CGT relief.
But even with the (hopefully) best research and advice, I get less than 50% of my speculations right. As Cyber says there are many AIM companies set up with the intention of defrauding investors (in particular oil and mining companies) and the directors are masters of deception.

[cyberbub] 15/4/2019 17:31

Sounds like you're having a hard time indeed Dex, sorry to hear it.The reality is that making money on the stock market is very hard for PIs. The only people who consistently make money are the MMs (by definition), traders with DMA, algo bots, and of course the many people with inside information about news and placings who get away with inside trading because the enforcers are underfunded and only tackle the most blatant crimes. Throw in the fact that a great number of companies in the AIM cesspit are run by shysters and shameless but very skilful marketers, and some by outright fraudsters, and most investors are on a sticky wicket before they've even started investing.Losing 40% of your porty in 18 months is not at all unusual, it's happened to me in just the last 6 months (luckily it had gained 500% in the previous 12 months). The saying "How do you make a small fortune on the stock market? Start with a large one." doesn't come from nowhere.It's hard to offer advice because it depends on the level of risk you want, the timescale you want to invest for, how much dependence you put on technicals vs fundamentals, how much you want income vs capital growth etc.Most successful investors are cautious and use a long-term view to give them good returns by compounding.But IMO nothing substitutes for detailed research, strong skepticism about companies' claims, buying heavily when blatantly cheap especially when it's *for a clearly temporary reason*, and psychological acceptance that you will lose money at least some of the time (ie.be willing to cut your losses without regret). The last is often the hardest....No advice intended etc

[the patient investor] 15/4/2019 11:34

any idea whats going on? large sells , one even under bid and NO price movement?

it stinks

[the patient investor] 12/4/2019 15:39

i love marmite