Share tips thread (Vol 2)

[p1stonhead]

Had a bit of a recovery of a few percent over the weekend but as someone who has some of it earmarked for house renovations towards the end of the year I decided to sell up to cash? approx 80% of holdings. I’m still up overall just down about 16% from peak which is obviously significant.

Personal choice I guess but needs must. Will see what the next few months brings.

[NRS]

p1stonhead said:

Had a bit of a recovery of a few percent over the weekend but as someone who has some of it earmarked for house renovations towards the end of the year I decided to sell up to cash? approx 80% of holdings. I’m still up overall just down about 16% from peak which is obviously significant.

Personal choice I guess but needs must. Will see what the next few months brings.

Sounds very sensible given the relatively short term you are invested for - more important to protect the money than earn a bit extra, but possibly lose too much you can’t do the work on the house.

[p1stonhead]

NRS said:

p1stonhead said:

Had a bit of a recovery of a few percent over the weekend but as someone who has some of it earmarked for house renovations towards the end of the year I decided to sell up to cash? approx 80% of holdings. I’m still up overall just down about 16% from peak which is obviously significant.

Personal choice I guess but needs must. Will see what the next few months brings.

Sounds very sensible given the relatively short term you are invested for - more important to protect the money than earn a bit extra, but possibly lose too much you can’t do the work on the house.

Unfortunately been in for years on most of it. it was just a shortish time period left. Had a lovely chunky profit in there until this week basically. Can’t risk any more fall.

Big posh kitchen will need to be downgraded

[FredClogs]

DOW is up 5% and NASDAQ nearly over 4% at time of posting. Suspect footsie will open up 3 or 4 tomorrow, I spent my remaining cash on LUK2 at lunch time today... Should be a quick profit. Corona virus is never going to be a serious threat to the worlds economy, there's plenty of other serious things to worry about first (Bernie Sanders most notably)

You've got to be brave to not be buying now.

[K12beano]

FredClogs said:

You've got to be brave to not be buying now.

I paused in terms of getting funds together for this round and am kicking myself.... but patience required overall in choosing buying points. Probably more volatility ahead.

[bad company]

FredClogs said:

You've got to be brave to not be buying now.

I must be very brave then, I’m still watching and waiting.

[p1stonhead]

FredClogs said:

You've got to be brave to not be buying now.

One of the most glass half full statements I’ve read in a long time considering the world right now.

[Gandahar]

p1stonhead said:

FredClogs said:

You've got to be brave to not be buying now.

One of the most glass half full statements I’ve read in a long time considering the world right now.

It must be irony surely? That half glass is full of Russian methanol which is supposed to be ethanol which is supposed to be Skol lager....

[Gandahar]

bad company said:

That’s incredible, to go from up 170 into negative territory in just 4 hours. As I said previously I haven’t sold anything and don’t intend to but I do have £’s I wanted to invest last week. Sitting on my hands and watching for the moment.

Semi seriously for a moment, it is very volatile, even boring old American Airlines had 70% of their usual daily trades before 10am

If you watch the pre market that is very volatile, even more so than usual.

AAL is a good bell weather for us pessimists rather than FANG ( FAANG) and their millenials

https://finance.yahoo.com/quote/AAL?p=AAL&.tsr...

Keep sitting on your hands, they will not get burnt off.

[NRS]

K12beano said:

paused in terms of getting funds together for this round and am kicking myself.... but patience required overall in choosing buying points. Probably more volatility ahead.

Meh, only a 3.5% drop now. So pretty calm considering the last week or so,

[K12beano]

NRS said:

Meh, only a 3.5% drop now. So pretty calm considering the last week or so,

”Just a flesh wound”

[g4ry13]

SXX deal approved. That's a nice loss locked in for most shareholders.

[p1stonhead]

g4ry13 said:

SXX deal approved. That's a nice loss locked in for most shareholders.

Ouch.

Wasn’t there a chap on here who had really considerable money in SXX?

Hope he’s ok

[egomeister]

g4ry13 said:

SXX deal approved. That's a nice loss locked in for most shareholders.

Better 5.5p now than zero later though?

[dreamcracker]

g4ry13 said:

SXX deal approved. That's a nice loss locked in for most shareholders.

It's a profit compared to current price though.

[g4ry13]

dreamcracker said:

g4ry13 said:

SXX deal approved. That's a nice loss locked in for most shareholders.

It's a profit compared to current price though.

Good luck at trying to pick them up tomorrow for under 5.5p though!

[bad company]

New York tanking again. That doesn’t bode well.

[Hobo]

egomeister said:

Better 5.5p now than zero later though?

Indeed, but still a bitter pill to swallow for many who invested in what would be potentially one of the UK's largest companies.

As Sinatra said though, 'That's Life'.

[Greshamst]

Took the opportunity to buy some Unilever and diageo yesterday as have had my eye on them for a while.

Only problem was on Halifax sharedealing when I pressed to trade it gave me a screen saying the offer had timed out, and I had to refresh for a new quote, which I did.
Then found out two identical trades had gone through.
Complained but they’re saying after investigation, there was no IT issue on their end, so they won’t do anything about it.

[p1stonhead]

Greshamst said:

Took the opportunity to buy some Unilever and diageo yesterday as have had my eye on them for a while.

Only problem was on Halifax sharedealing when I pressed to trade it gave me a screen saying the offer had timed out, and I had to refresh for a new quote, which I did.
Then found out two identical trades had gone through.
Complained but they’re saying after investigation, there was no IT issue on their end, so they won’t do anything about it.

I got stopped out of DGE just after last summer I think it was. Am out in general now anyway but I suspect they’ll be pretty badly affected if people stop going out to drink/eat at the moment.

Brave time to get in IMO.