Matt H Posted October 29, 2009 Share Posted October 29, 2009 I had some shares In Amec. After they hit a high of 9.50, the recession kicked in and they went down to 4.40 I was holding out for £10.00 at the time. After they started to climb again, I said to myself that I would wait till they reached 8.50 and sell. That day came last week, so on Friday I sold at 8.505 Monday comes and I read that Amec have been found guilty of bribery and have been fined £5million. There share price has been dropping ever since! Can't believe that one business day before that happened I sold. About time I had some luck! Quote Link to comment Share on other sites More sharing options...
Gaz6002 Posted October 29, 2009 Share Posted October 29, 2009 Don't suppose you had 11,858 shares by any chance did you? Quote Link to comment Share on other sites More sharing options...
Matt H Posted October 29, 2009 Author Share Posted October 29, 2009 Don't suppose you had 11,858 shares by any chance did you? 11,859 actually. Good guess though. Quote Link to comment Share on other sites More sharing options...
Gaz6002 Posted October 29, 2009 Share Posted October 29, 2009 11,859 actually. Good guess though. Cool, so you had £8.51 left after 'the orange incident' then I went through the same roller coaster with shares in a telecoms company. To be honest, although they're worth more now than when I sold them, I'm glad I got rid. The emotional stress was killing me! Did you make a lot of money? Quote Link to comment Share on other sites More sharing options...
supra dan Posted October 29, 2009 Share Posted October 29, 2009 i had shares in Lloyd's TSB. thought about selling when they hit £10 a share but i didn't and they plummeted. then i got Halifax shares and didn't sell when they hit £10 either. now worth 80p. i haven't got the hang of this shares lark Quote Link to comment Share on other sites More sharing options...
Matt H Posted October 29, 2009 Author Share Posted October 29, 2009 I went through the same roller coaster with shares in a telecoms company. To be honest, although they're worth more now than when I sold them, I'm glad I got rid. The emotional stress was killing me! Did you make a lot of money? Well I bought them for £2.50 each. So I guess I've made a decent amount per share selling for £8.50 each, but I didn't have that many to start with so overall not that much. Just over a grand with the 120 shares I originally purchased. Quote Link to comment Share on other sites More sharing options...
Gaz6002 Posted October 29, 2009 Share Posted October 29, 2009 Well I bought them for £2.50 each. So I guess I've made a decent amount per share selling for £8.50 each, but I didn't have that many to start with so overall not that much. Just over a grand with the 120 shares I originally purchased. Still better than a kick in the ass. Quote Link to comment Share on other sites More sharing options...
Matt H Posted October 29, 2009 Author Share Posted October 29, 2009 i had shares in Lloyd's TSB. thought about selling when they hit £10 a share but i didn't and they plummeted. then i got Halifax shares and didn't sell when they hit £10 either. now worth 80p. i haven't got the hang of this shares lark Well I've been given a tip that Lloyd's is now a good bet to put your money in. Ironically! I think anything with banks is probably a good bet at the moment as they are rock bottom and can only get better (I think :s) Quote Link to comment Share on other sites More sharing options...
Matt H Posted October 29, 2009 Author Share Posted October 29, 2009 Still better than a kick in the ass. Aye, but at the time I knew someone that put nearly £40k into them at the same price. I'm not sure if he still has them or when he sold them - if he did (lost contact) but the guy would be rolling in it now if got rid at the right time. Probably did mind; jammy git! The problem is buying and selling. Cost me a total of £45 for both the buy and sell transactions. That was searching out the best deal too! If you don't put a lot in you tend not to get a lot out unfortuneatly. Natwest wanted £45 that to sell! - Rapists. Quote Link to comment Share on other sites More sharing options...
supra matt Posted October 29, 2009 Share Posted October 29, 2009 nice one mate and thats good about lloyds as i got some shears with them Quote Link to comment Share on other sites More sharing options...
supra dan Posted October 29, 2009 Share Posted October 29, 2009 Well I've been given a tip that Lloyd's is now a good bet to put your money in. Ironically! I think anything with banks is probably a good bet at the moment as they are rock bottom and can only get better (I think :s) think you are right, only way is up. i got the TSB ones for£1 a share and halifax free anyway Quote Link to comment Share on other sites More sharing options...
caseys Posted December 23, 2009 Share Posted December 23, 2009 nice one mate and thats good about lloyds as i got some shears with them A financier in US has just been estimated to make $2.5 billion dollars profit for himself due to Lloyds, RBS, Citigroup and Bank of America http://www.guardian.co.uk/business/2009/dec/22/massive-bet-rbs-lloyds-earns-billions Seems he bought up their debt just as they were being bailed out. Looks like he's made nearly $7 billion for his fund he managers. Kinda sickening eh? At least he gives away a bit to charify by the looks of it. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.