15:10 18/01/2018 Re: Cherry Picking
'cherry picking a period to support the narrative you wish to portray' LB I merely evaluated the advice you had offered Les. On no occasion did you suggest closing your various shorts. But let's take it that those who followed your advice were smart enough to put a stop loss on (though that's somewhat oxymoronic, following you yet savvy enough to put a stop loss) ... what would you have advised ... say 10% of your stake. Your followers still would have made a loss over the year of #750 rather than 'made a lot of wonga'. Keep squirming Les, and show us how based on your recommendations your follower would have made money. G
14:07 18/01/2018 Re: New BP owner..errr...hello.
Welcome aboard Johnny. Useful stock to inherit. Bit of a bumpy ride recently, but still a decent return on capital as well as an excellent income generator. As you've probably worked out, this board suffers from the narcissistic fantasies of a resident troII. He's been recommending shorting BP all the way up from #3.50. His latest ignorant offering was the prediction that BP might suffer from the demise of Carillion. 2 minutes on Google would have shown that BP's only significant recent contract with them was #80m for the operational base etc for the Khazzan gas field in Oman. The work was finished on time and on budget 6 months ago, and even if it had been a complete Horlicks, the effect on BP could never have been more than ~0.5p per share. Easy enough to ignore.
11:13 18/01/2018 New BP owner..errr...hello.
Hi Just inherited some shares from relative - bought @ 3.30 in the 80's. Got a load of paper documents, with rather nice embossed BP stamps. Can't plop 'em in an ISA as I'm living in Deutschland (nor my SIPP - bugg*r !!) Will hold onto them for quite a while I reckon - dividend well covered by cash flow (according to Morningstar), and $70 oil looks a possibility. Just need to stop those US folks (who live 100's miles from the gulf) claiming $ for seeing slightly dirty Pelicans / Crabs and Beach balls.. Anyway...hello :-) JG PS. might own some more if BP takes a shot @ HUR..
10:50 18/01/2018 Re: Standing up for Les (Berkley)
Richard Hammond maybe watching.
9:56 18/01/2018 Re: Standing up for Les (Berkley)
Les "Hmm... I prefer not to give out exact figures on my Affiliate Marketing at the moment." Why not? it's just a forum, can you just take a screenshot for me perhaps? I'm curious Thanks
9:44 18/01/2018 Re: Cherry Picking
Les. Lol. You're such a plank! Keep ridin' them buses, your dole cheque won't pick itself up.
9:24 18/01/2018 Re: Standing up for Les (Berkley)
oceanfree See my reply to Grampy on Bitcoins. On BP it would be interesting to know if they also engage in reverse factoring like Carillion did to "hide" its true level of debt. The problem is you don't know whether or not the company you have shares in uses weird, but legal, accounting techniques to "hide" their true debt until they go bust - another potential sword of Damocles hanging over BP? It occurs to me , Oceanfree, that you and your pal, xTitanic, have an Oceanic connection, you are both totally out of your depth and well and truly sunk! Les (Berkeley)
9:01 18/01/2018 Re: Cherry Picking
Jack Out of curiosity are you still trapped as a wage slave. because you appear to think like one? If you are too embarrassed to answer, don't, I'll take your silence as confirmation. On this matter of cherry picking, I shouldn't need to explain it to most people but clearly you are an exception. Grampy's analysis is not the reality of what occurs in practice. Any predictions I made were based on rational reasoning at the time of my recommendation, and would have likely made people lots of Wonga if they had cashed in during the short term even using a trailing stop loss. I'm treating people on this board as having some basic trading skills, which I'm beginning to think you may lack. Les (Berkeley) - just love writing my name when I'm replying to you Mon Ami.
8:20 18/01/2018 Re: Standing up for Les (Berkley)
lolabe Hmm... I prefer not to give out exact figures on my Affiliate Marketing at the moment. Les (Berkeley)
8:18 18/01/2018 Re: Cherry Picking
Quote : 'That is one reason I spend nearly all of my executive time these days on the Bitcoin boards'. Oh well, thank heavens for small mercies! :D
8:14 18/01/2018 Re: Cherry Picking
I've previously explained your analysis is fundamentally flawed as you judge my predictions as meaning keeping a trade open from the date I suggested it to the present date, and then calculating the profit or loss. That false assumption in itself is yet a further form of cherry picking, cherry picking a period to support the narrative you wish to portray. ---------------------------------------------- Gobbledegook.
8:09 18/01/2018 Re: Cherry Picking
Grampy I've previously explained your analysis is fundamentally flawed as you judge my predictions as meaning keeping a trade open from the date I suggested it to the present date, and then calculating the profit or loss. That false assumption in itself is yet a further form of cherry picking, cherry picking a period to support the narrative you wish to portray. That flawed interpretation you use will be seen as self evidently foolish by others here, for as circumstances change ones trading should reflect those changes. The special case is with Bitcoin, in which I am convinced the efforts to thwart it will fail and it will eventually reach at least $50k a coin, and probably a lot more. The theory indicates it could eventually in ten to twenty years reach $1 million a coin but I'm too old to wait that long before selling. So despite wild fluctuation in short term price my plan is to wait for it to reach $50K before selling. If perchance the scaremongering on Bitcoin forces its price down to a few grand then I will buy more to add to my stock. This is not complex rocket science here with Bitcoin, one just needs to study all the facts carefully. That is one reason I spend nearly all of my executive time these days on the Bitcoin boards. Les (Berkeley)
7:11 18/01/2018 Re: Standing up for Les (Berkley)
It was only last week that Bertie Biddle wrote, regarding my assertion that Les, as amusing as he can be and a bright lad, should be put on Ignore as he was undoubtedly a Tr oll and clogged-up these pages: "I put you Lupo in the same box as Froggie and Richard Branson because you all want to censor people in different ways just because you disagree with their point of view." That was cruel! Well, I said that I was sticking by my point of view, and today, folks, just take a look at this page. I rest my case.
22:28 17/01/2018 Re: Standing up for Les (Berkley)
http://fortune.com/2018/01/17/bitcoin-bitconnect-price-scam/ https://www.coindesk.com/as-bitcoins-slide-continues-prices-look-towards-8k/
16:13 17/01/2018 Re: Standing up for Les (Berkley)
Les You are being a total t***. In one email, you claim to be a guru recommending a short on BP which has gone from 535 to 516. And that Bitcoin a buy at $19,000 is now a better buying opportunity (not 50% loss) at $10,000. And we should now "acknowledge that taking your advice leads to people making lots of wonga". Get some help. Where do you go on the bus everyday anyway? Is it somewhere to stay warm or what?