ADVFN (AFN.L) - Advanced Financial Networks Message Board

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Strategies & Market Trends : ADVFN (AFN.L) - Advanced Financial Networks

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To: Hoatzin who wrote (87)	4/17/2007 9:24:27 AM
From: SI Bob	Read Replies (2) of 139

Bummer for whomever is holding this paper. I think Bob a sharp dood. I have no means of buying this one directly, am not interested in buying it as a pinky, and there are plenty of other fish biting right now. But in a couple of years this might seem like a good buy here. Thanks. I am a sharp dood. But not the sharpest spoon in the knife drawer of investing. Seems most of my gains come from a combination of dogged persistence in thinking I'm right combined with luck (ie. FMT) finally making it so. I've always maintained that one of the problems with this stock is that it's nearly impossible for Yanks to buy it. Especially the Yanks who use the company's products, since it would seem reasonable to assume that if we're net-savvy enough to research and opine online, we also trade online. I've got two online accounts and can't buy LSE paper through either one. The only way I've been able to buy this one is through my full-service broker, AGE. And though I have a standing 50% discount on commissions because I largely self-manage the account and therefore churn it more than the brokers do, the discount apparently doesn't apply when buying this one, so the commissions are absolutely brutal! As an aside, my biggest flaw as an investor is a tendency to buy too high and take too little profit. I leave more on the table than I actually make. Even on high-profit trades like FMT was. The high commissions at AGE actually work to my benefit because I'm a LOT more careful about what I buy/sell there and when. That said, I do wish this traded in the States because we're quite a bit more generous when it comes to pricing dotcoms. Even those who lose money. Plus, as much interest as there's always been in owning a piece of the action (at both sites), it'd be nice if it were possible. And while I'm wishing in my left hand, I wish we were reporting quarterly and breaking it down by areas of the globe because I'm extremely proud of what we've been accompishing here. But my right hand is filling more rapidly... Bummer that there's no follow-through on price or volume.

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