Australian (ASX) Stock Market Forum

Recent content by sam21poddy

  1. sam21poddy

    Examples of insider trading

    tech/a I'm out of the workforce now and out of the rat race so I can't find any "loops" now. However, if I had any children to pass advice on to, your advice would be exactly what I would tell them. As for me, it looks like I will have to try and earn an honest living from share trading !
  2. sam21poddy

    Examples of insider trading

    In addition to my above post, I have also seen insider trading of mortgagee sales of properties. Even though the law says that a mortgagee bank must offer a property for sale for a reasonable market price having regard to all the prevailing market conditions, the fact is that people in the loop...
  3. sam21poddy

    Examples of insider trading

    Many years ago when I was young and naive, I worked for a big legal firm who acted for a company that was about to make an announcement about an invention that would revolutionise a certain manufacturing process. Anyway, there was a lot of excitement and people were running around whispering...
  4. sam21poddy

    Trailing stoplosses

    OK, so I have worked out the breakeven point for tomorrow however my gut feeling tells me it is too tight and could easily be taken out in the open or during the day during normal price ranges. So on the one hand, I am trying to be strict with myself but on the other hand, my gut feeling is...
  5. sam21poddy

    Trailing stoplosses

    kaveman Thanks for replying. So does that mean that, now that I have raised my stoploss to 22.66 as the price rises, that if the price falls to 22.66, I then sell, even though at the beginning of the day I said to myself that I would sell only if it fell to 22.56? Are trailing stoplosses...
  6. sam21poddy

    Trailing stoplosses

    When do I raise the stoploss level? For example, I bought ANZ today at 23.02 and my stoploss is 2% (so $22.56). Do I leave the stoploss at that level all day today or do I raise it as the price rises. Eg. the price is now 23.12, so do I adjust the stoploss now or leave it at 22.56 all day...
  7. sam21poddy

    Orica attached rights

    Can someone help me. I purchased 1,000 Orica shares a few days before it went ex-div (to get the dividend). Anyway, I then noticed on my portfolio list that there was 1,000 Orica shares and 125 Orica rights. I looked them up and it is a right to purchase Orica shares at $15.00. Now that it...
  8. sam21poddy

    Dividend, Share Price: Is there a connection?

    Re: Dividend, Share Price. Is there a connection? rozella, I'm interested in how you overcome the dilemma of having to hold onto a share for 45 days to retain the franking credit. For example, I purchased 1000 NAB shares at 32.83 on 11/11 and would liked to have sold yesterday (at a small...
  9. sam21poddy

    Telstra - CMC no longer allow shorting

    Possibly - but I'm cynical enough to think that management make arbitrary rules to favour themselves. I've been trading CFDs since they began and each year I make an overall loss however I make a good profit in my margin trading account. CMC don't allow you to participate in the opening market...
  10. sam21poddy

    Telstra - CMC no longer allow shorting

    Well that does it ! I am closing my account with CMC - Telstra has resumed trading and CMC isn't allowing short trading for Telstra. I have put up with a lot of their one-sided rules but this is just blatantly not allowing trades to go through which are obviously disadvantageous to themselves...
  11. sam21poddy

    TEN - Ten Network Holdings

    Re: TEN Here is the quote from today's news story on www.financenews.com.au "Ten declared a final dividend of 21.5 cents a share." (I don't know how to post a link to the story). So it looks like a mistake and I've fallen for it.
  12. sam21poddy

    TEN - Ten Network Holdings

    I cannot for the life of me understand share prices. Today TEN announced increased profits and a fully franked dividend of 21.5c. My broker's recommendation had it valued at a little above $4.00. TEN made a statement that however, they did not expect future earnings to be quite as good. Big...
  13. sam21poddy

    "The Intelligent Investor"

    I tried a trial subscription a while ago but I mustn't have been impressed because I never went ahead with a full subscription. I still get the emails advertising their newletter. Funnily enough, the one I got this morning talked about how 3 weeks ago ONE of their Telstra commentators foretold...
  14. sam21poddy

    Lost Shares? Please help!

    Re: Lost Shares? Please help This is very strange timing you should ask this - my brother asked me the same thing yesterday about his lost NRMA and Tab shares. ASIC administers lost shares. The website is http://www.fido.asic.gov.au/fido/fido.nsf The phone number is on their...
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