Buying and selling stocks



ORIGINAL POST
Posted by runnergal 20 yrs ago
Hi All,


I would like to buy some stocks but i don't want to go through a third person. I know I can do it through my HSBC website, but it asks for a stock number.


I have a few questions therefore for people who do this:


Where do you read information about stocks. How do you find out whether they are new, information about the company etc.


How can I go through the actual process of buying using an HSBC website?


Are there any pitfalls I should look out for?


Thanks


Miranda

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COMMENTS
highdesertnow 20 yrs ago
You do not seem to have any knowledge about stocks. Do be careful. HSBC is stock number 5. The website I use is Quamnet.com. You have to open a securities account at HSBC to do this. PM me for more info if you need to.

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dimac4 20 yrs ago
Why not play the online stock market games where yyou get virtual money to invest - you spend it on real money and you get paid virtual dividents - this way you can learn without being burnt. Some even offer cash prizes for the best performances.


http://wtc.wallstreet-challenge.com/


http://www.virtualtrader.co.uk/


http://www.thegreatgame.com/

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runnergal 20 yrs ago
thanks for all the words of warning, but can anyone actually answer my questions?

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highdesertnow 20 yrs ago
Foolonahill, what's your suggestion at the moment. I have been trading for some time now and would like to know your views regarding property, oil prices, banking stocks. Thanks

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dodgyboy 20 yrs ago
Foolanhill - hurry the markets open in a mo and your busy yapping away here dishing out your words of wisdom.


Buy high, sell low

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Claire 20 yrs ago
Always thought that when the stupid money goes in, the smart money gets out...

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dodgyboy 20 yrs ago
Hey Foolan hill,

I got Shanghai Prime AND Dalian Port in the IPO frenzy.

Should I sell 'em?


I think Shanghai wont get much higher than $3HKD so I'll sell today but Dalian, selling for up to $4.25HKD on the grey market!!! What's your prediction?

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highdesertnow 20 yrs ago
I'm selling my Shanghai Prime today too. Let's see what price Dalian will be today and what analyst says first before we make a decision. Do you have Xiwang sugar. Made a nice profit there in just a few days.

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dodgyboy 20 yrs ago
No, missed the boat but made a killing on China flavours...

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runnergal 20 yrs ago
Thanks for all the advice folks.


I can see I wasn't clear in my question when I asked "Any pitfalls?" I wasn't meaning any pitfalls in investing in stocks, I think that kind of thing is pretty obvious. I mean actually in investing on your own rather than through a broker and also through the HSBC specifically. For example do they take a cut? Do I have to pay any fees etc...


Thanks again

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dodgyboy 20 yrs ago
Dalian is surging ($4.6) despite the unattractive valuation from the pundits.


above 4.75 you say foolonahill.... looks promising

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