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First go at the stock market, great success.

Discussion in 'BlackHat Lounge' started by Ste Fishkin, Mar 23, 2013.

  1. Ste Fishkin

    Ste Fishkin "I'm watching you.." - Apricot Jr. VIP Premium Member UnGagged Attendee

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    A few months ago, I had a go at the stock market

    I invested £300 on Thomas Cook, at £0.17 a share.

    They are a holiday company in the UK, looked to be on the brink of closure so was a bit of a punt... They just appointed a new CEO and seem to have recovered.

    But this friday, they closed at £1.12 a share.

    I got lucky, I am not going to pretend I know the stock market, truth is I didn't even look into it.

    But if you have a good feeling, go for it.
     
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    Last edited: Mar 23, 2013
  2. WhitePassion

    WhitePassion Elite Member

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    Whoa that's a really nice ROI, however the stock market is something I'll be avoiding. I've heard its extremely addicting :/
     
  3. Ste Fishkin

    Ste Fishkin "I'm watching you.." - Apricot Jr. VIP Premium Member UnGagged Attendee

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    Yeah I imagine its just like gambling. Very easy to get too into it... but a bit of fun none the less.
     
  4. somebodysomewhere

    somebodysomewhere Junior Member

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    Just like gambling, tis why I haven't touched it either. :) but congrats on the gains brother. Do it again.
    PS I also never tried cocaine for this reason, I'm know I'm the addictive type.
     
  5. uchiha1911

    uchiha1911 Newbie

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    You were willing to invest 300 quid into this, which means you were willing to sacrifice the 300 quid if things would've turned ugly. IMO you can reinvest the profit you've made (you've sold 'em, I guess?), but do NOT invest anything more than that. It indeed is the equivalent of gambling.

    Another thing to look into is forex. Same old, same old though, 100% speculation if you haven't been into it for years. And even then it weighs highly on speculation.
     
  6. beaglejuice

    beaglejuice Power Member

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    I'm pretty sure you only invested the money you can afford to lose. Congrats, now go cash that windfall and enjoy :)

     
  7. revlac

    revlac Newbie

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    Which site did you use if you're in the UK? Or which broker?
     
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  8. dvdgangster

    dvdgangster Junior Member

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    Book a holiday with them now with the cash!!
     
  9. robotluv

    robotluv Junior Member

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    It's an addicting world. They have their own niche newsletter services that are similar to WSOs in sales tactics but the market is much, much bigger. I know folks making 15k/month in stock market advice newsletters. Always, and forever, people are looking to get rich quick.
     
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  10. Ste Fishkin

    Ste Fishkin "I'm watching you.." - Apricot Jr. VIP Premium Member UnGagged Attendee

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    I used SVS Securities. It's very similar to paypal in the way you pay in with your credit/debit card and cash out whenever you like. They take a small fee but nothing major at this level. You can also sell your shares immediately.

    I've not sold my shares yet, I still think they will go up even more. TC have become very internet savy since they got their new CEO. I really do think they will become a stronger company than ever before.

    As soon as they drop to £1.10 a share I'm selling though. I honestly don't think that will happen.

    Before they nearly went bust they were £1.50 a share.
     
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  11. omnipotent$

    omnipotent$ Regular Member

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    Congrats bro. I've been meaning to dabble in the stock market for some time now. Gotta take care of some things to free up my time before I start monitoring the stock market like a hawk.
     
  12. sashablack

    sashablack Elite Member

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    to OP, I actually invested one time into BALTIA Airlines, there was a rumor of a new Airline coming out and I invested unfortunately the never took off so I'm hopping one day I can get lucky like you did :) What are you going to do with the money you made?
     
  13. Ste Fishkin

    Ste Fishkin "I'm watching you.." - Apricot Jr. VIP Premium Member UnGagged Attendee

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    Take a couple of weeks off I think :)
     
  14. indeesee

    indeesee Newbie

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    market is crazy right now
     
  15. thesuperappraiser

    thesuperappraiser Newbie

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    Buy low sell high. Seems simple enough.