How Not To Trade Shares

This site will be my share trading diary. I will record which shares I buy and sell, their prices, why I bought or sold them, and any other relevant information. I will also keep a running count of my total profits/losses so you can see at a glance whether I'm worth listening to or not.

How Not To Trade Shares

Please comment and share your thoughts.

Another Stock

MAP - Macquarie Airports
This satellite company has just decided to pay its creator Maquarie Group (MQG) around $360 million in order to take back managerial rights for itself. They're paying that $360m in shares, so basically MQG is accepting a greater stake in MAP in return for letting it manage itself. Seems to me like MQG wouldnt do this unless it knew MAP would be better off managing itself. Despite this change to a seemingly more sensible arrangement, the big payment caused the share price to drop. Maybe a good time to buy?

Saturday, July 25, 2009

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