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Offline Snoopy

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At what point
« on: October 10, 2008, 11:32:34 AM »
Should we start to buy shares in the expectation hope of making a killing in a year or two?

Anyone planning to do some investing now that shares are at their lowest for some years?
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Offline Barman

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Re: At what point
« Reply #1 on: October 10, 2008, 11:43:54 AM »
Quote from: Snoopy on October 10, 2008, 11:32:34 AM
Should we start to buy shares in the expectation hope of making a killing in a year or two?

Anyone planning to do some investing now that shares are at their lowest for some years?
I think it can go lower yet...  whistle:

However, it is clear that some shares are undervalued at the moment.

The Bank of squeaky floorboard is prolly your safest bet at the moment...
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Offline Snoopy

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Re: At what point
« Reply #2 on: October 10, 2008, 11:45:46 AM »
More or less my feelings.
We are agreed, I suspect, that there has to be some benefit to us and not just the fat cats out of all this.
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Offline Barman

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Re: At what point
« Reply #3 on: October 10, 2008, 11:47:41 AM »
Quote from: Snoopy on October 10, 2008, 11:45:46 AM
More or less my feelings.
We are agreed, I suspect, that there has to be some benefit to us and not just the fat cats out of all this.
That would be nice...

Although I feel they would have been better off investing the £500billion (or however much it is today) in pension funds instead of giving it to wankers bankers...  noooo:
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Offline Grumpmeister

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Re: At what point
« Reply #4 on: October 10, 2008, 11:52:49 AM »
Work out the larger multinational conglomorates and the essential companies and keep an eye on their prices and news.
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Offline Snoopy

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Re: At what point
« Reply #5 on: October 10, 2008, 11:58:28 AM »
Like my last employer. This is their share price chart since I left them. The first big dip equates to the year after I left.
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Offline Barman

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Re: At what point
« Reply #6 on: October 10, 2008, 12:06:56 PM »
Quote from: Snoopy on October 10, 2008, 11:58:28 AM
Like my last employer. This is their share price chart since I left them. The first big dip equates to the year after I left.

The ol' shares soon picked up when they realised you weren't coming back then Snoops...?  whistle:
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Offline Snoopy

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Re: At what point
« Reply #7 on: October 10, 2008, 12:14:16 PM »
Nah ~ after They pensioned me off they made a lot of others redundant under a "reorganisation", sold a few companies and sacked Sir Clive Thompson who had been CEO. From then on it has been all downhill. From 465 pence a share in my day to 49.75 pence today. I don't see them coming back. The group is being progressively broken up. They have lost the plot.
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Offline Nick

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Re: At what point
« Reply #8 on: October 10, 2008, 12:21:19 PM »



I want to kill the ignorant shite!
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Offline Snoopy

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Re: At what point
« Reply #9 on: October 10, 2008, 12:28:57 PM »
Every cloud has a silver lining

Quote
Oil prices plummeted to a one-year low in European trading, with the price of US crude oil falling below $83 a barrel.

http://news.bbc.co.uk/1/hi/business/7662572.stm
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Offline Nick

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Re: At what point
« Reply #10 on: October 10, 2008, 12:30:21 PM »
And Gordo is claiming the credit!
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Offline Grumpmeister

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Re: At what point
« Reply #11 on: October 10, 2008, 12:35:33 PM »
Quote from: Nick on October 10, 2008, 12:30:21 PM
And Gordo is claiming the credit!

You were expecting anything different?
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