Plus500 Share Discussion Threads

[larva] 13/12/2016 10:44

Odey whata sickner

[mister md] 13/12/2016 10:27

shame the directors were keen to sell at much higher prices but don't seem too keen to buy at these levels ?

[alphapig] 13/12/2016 09:40

Certainly hiding it well if they are!

[mister md] 13/12/2016 09:11

Odey above 23% is this being kept down to help him accumulate ?

[mister md] 13/12/2016 08:44

shaking a few out here ?

[lydnem] 13/12/2016 08:10

HOw can you be a holder of plus and IG. Thats like having a ferrari and a skoda

[larva] 12/12/2016 17:59

Thin gruel for odey this christmas

[freddie ferret] 12/12/2016 16:59

From its high after the share issue CMCX has now lost just about two thirds of its share price
PLUS has very slightly over, halved. The fall in IGG is just a shave larger than that of PLUS.
PLUS yield a lot more than IGG and have a far smaller part of their business reliant on the UK.

[leecoyote] 11/12/2016 13:41

hxxp://www.alignresearch.co.uk/spreadbetting/searching-for-value-amongst-the-spreadbet-companies-post-the-fca-bombshell/

[freddie ferret] 09/12/2016 16:25

The chart for CMCX looks absolutely horrid, it is continuing to fall so is IGG. IGG is back now to 2012.
The PLUS chart is looking sounder.
I personally think the fall has been overdone for all three cos.

I am looking forward to next week.

[hpcg] 09/12/2016 12:56

An upside surprise in results could mean a rapid move forward. On the flip side the directors slotting a load more after their lock in expires, or changes in the Odey funds could make things worse. The performance of the Odey funds got a lot of airtime on FT Markets Live today. Absolutely disastrous performance over all time frames. If I had money in there I would be looking to extract it as soon as I could. Forced selling would hammer the price. Odey's strong positive performance on occasion has clearly been luck and not skill or process.

[mister md] 09/12/2016 12:53

Place your bets on the Plus platform and we will all be winners

[andrewbaker] 09/12/2016 12:35

Technical analysis (charting, if you like) has been mentioned regarding CFD traders/punters. Interestingly, the chart of PLUS suggests a price of around 440p in about 18 months time (using my eye for speed), with a high between 700p and 800p in the interim. For those chartists who like to operate on repeating patterns and 'trends' from extrapolation of past to current data points, then buying now with the intention of selling when 700+p has been breached to the upside and the trend weakens, may be a good investment (bet), perhaps?

[liquidkid] 09/12/2016 12:03

'Plus500 welcomes the announcement made by BaFin as all accounts offered by the Company have always had balance protection.'

'IG will carefully consider the full implications of the BaFin announcement'

This favours PLUS500 over IG.

So the score is now 2-1 to PLUS.

Cyprus - goal for IG because not in Cyprus
UK - own goal for IG because The FCA don't like spreadbets either.
Germany - goal for PLUS

[mister md] 09/12/2016 08:56

Got spooked yesterday as was convinced it was on its way back up, but seems today might be that day. Oversold imho

[freddie ferret] 08/12/2016 19:01

I actually disaggree with a lot that has been written here, though they are good posts. There are generalisations that are not correct ie "you cannot win over the long term" for example.

The reality is that the people that win using leveraged products that are worse than zero sum are not gamblers.
They are risk averse and unemmotional, your gambler is highly emmotional.
People that win use large amounts of technical analysis, particularly they study past trends and chart patterns for market behaviour. Markets operate on crowd emmotional behaviour, once you understand that behaviour then you have some potential to make above average predictions. Thus if you gamble small, but in large number you may make in the long term a profit. It is these people that are making profits in derivatives, many of them are employed by banks and financial institutions where considerable computer power is expended in trying to beat the market. It is these people that make money at the expense of the humble punter.

The FCA is correct in my view in trying to protect the ignorant punter from the damage that his ignorance exposes him to. However at the same time it is usefull that the derivatives market should operate to redistribute money to the better decision maker.

With reguard to IGG and PLUS, I will comment that PLUS has only 20% of its business based in the UK. IGG has in excess of 50% in the UK. True foreign countries may also introduce restrictions however I would be more worried if I considered the suggested UK restrictions and regulations penal. I do not, what seems to be mooted is basically warnings to the punter and restrictions on the degree of leverage.
I can quite happily live with that degree of regulation, I actually think for the retail punter it is good news and not a problem for the investor in this company.
As I have already said it will be interesting to see how this all pans out.

[alphapig] 08/12/2016 16:13

Inspired selling by bod to palm 'em off, glad I didn't top up in the 700's! I'll settle for 200 if it's going, the 90 days before they can sell more must be up soon?

[lydnem] 08/12/2016 13:44

Short term there will be a recovery here I think, but for me it will resume its downward direction in the new year down to around 200.

Surely there will be an investigation into the director sales?

[hpcg] 08/12/2016 12:44

AndrewBaker - but IG and the other reputable firms have the advantage that they cater to winners and losers. PLUS only caters to losers. That means it has to attract losers more so than the other firms. Bonuses and wall to wall advertising are their way, but people see the likes of CMC and IG in newspapers, investment magazines, outdoor advertising and so on.
I also don't think financial markets hold anything like the emotional appeal of sports betting. Sports betting has one can argue, a social element. How many people are emotionally tied to the CHFEUR? Or enjoy banter and oneupmanship with their mates, putting their money where their mouth is? People only do financial spread betting to make money - make in the broadest sense as one can hedge, lose, and still be happy because ones main pot has not been hit.

Very oversold here for now, and until that unwinds, absent news, difficult to go short again.

[mister md] 08/12/2016 12:08

shareprice being kept in a very tight range today after that hefty drop - perhaps to allow some accumulation of stock ... ?

[lydnem] 08/12/2016 12:07

There is no comparison between PLUS and IG