Tuesday 25 January 2011

Good old Betfair..........

Andy Gray Sacked, down twice last week,  the Poker and Casino fiasco and the Shares are above £10 - Can anyone explain to me what is going on?

Fook me someone must be supporting the Shares.

I'm shorting them in the morning. New markets or not, they are so over valued it is untrue.

The next results are going to be awful.

Edit 26-01-2011 @ 19.05

Ok the short is in place, a massive £1 a point with a stop at £11.00. Let's see how wrong I have got this one. I've been bleating on about it long enough, so about time I put my money where my mouth is. Just like to temper the statement above about the next results being awful - Obviously this is my opinion, I have no idea whether they are really going to be awful.

2 comments:

  1. How exactly do you short shares - can you do it with any quoted on the stockmarket, I assume you need a special account?

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  2. There are various ways to do it. I use an account with www.igindex.co.uk and do it via Spread Betting. You can also get CFD (Contracts for Difference) Accounts with various Institutions. Probably easiest to use Google to find out more.

    Ironically you could also use Tradefair a Betfair product and I would imagine LMAX although I have never looked at that.

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