23 days ago
Between December 24 and January 3 we will serve up 20 share tips of the year from the team at ShareProphets. Most writers pen two tips, Tom will do 6. There will be longs, shorts, blue chips and small caps. We conclude this series with a SELL from Tom Winnifrith
23 days ago
Between December 24 and January 3 we will serve up 20 share tips of the year from the team at ShareProphets. Most writers pen two tips, Tom will do 6. There will be longs, shorts, blue chips and small caps. We continue this series with a SELL from Tom Winnifrith
3024 days ago
The weekend news from the oil sector is grim. I am not sure that folks out there in, what Malcolm Stacey might term, punterland realise just how grim it is. There is a massive PR and IR industry supporting the proposition that things can only get better. Au contraire, for the next few months at least, they are going to get a lot worse. And in that spirit I offer up a list of eleven oil E&Ps to sell now, to get out what and while you can, as they could well hit zero.
3591 days ago
On 15th May I asked whether Quindell at 20p (300p in today’s money was a buy sell or hold? I concluded that the odds were that 20p (old money) was probably the right price but the truth was I did not know. It was not a share one had to own. In light of a series of new facts, I have changed my mind and my target price is now sub 20p ( new, post-consolidation, money).
My conclusion in the first piece you can read HERE was:
So if you hold the shares do you carry on holding? Well again if you say that you have a 80% chance of making 10% and perhaps a 10% chance of making 100% + but also an outside chance of making MINUS 95%. Is that really the best home for your money? On a risk reward basis there have to be better homes. This is not a stock one has to own. As a cautious soul I think I’d rather sit on the side-lines and watch events unfold until there is more clarity one way or t’other.
So what has changed?
