Total is a TOTAL non starter. The smart money deserted this counter when we realized that Total paid over the odds for the Chevron assets. They borrowed heavily to finance the transaction hence financing costs eat up most of their income.

I will only look at getting into this counter when they pay off their debts and redeem the preference shares.

But, you might be lucky. Some folks may be deluded into thinking that Total can replicate KK's results. That will not happen.

Aguy, that's not true. I have not seen Olympia, Access, Fire or Neveready. When I see them here, then I will know guys are out to sabotage our guy.

As a new investor NEVER go for one stock. Trust me you won't sleep, eat or sh** when you are down 15% and still falling.

what is a stop loss position? i'm also a newbie in trading shares, i want to be more speculative than longterm so this could help.

15% each?

[quote=Gordon Gekko]@pesh cash, Stop loss:

http://www.investopedia....-loss.asp#axzz1TIJ7baIQ[/quote]

many,many thanks.