What’s your big gamble?
Discussion
Meeten-5dulx said:
I didn't read that, but have sold out of 50 holdings and move to cash.
Unfortunately, the main sells were in RB (look at the move in a month) and FEV (look at the move in the last month). Had I ekpt hold, I would have been apprx £8k up on where I am!!
Still, I did sell out some others that have fallen.
Still holding on to AA, with the magical 30p seemingly as likely as a golden unicorn coming out of Ethiopia.
and a heap of other AIM stocks were I got sucked into wild dreams of what I am going to do with my new found riches...
Keep on meaning to find quality stocks to hold on to for a longer duration, but it seems they are thin on the ground.
A few more bad news stories and I hope to find them.
Perhaps the IM recovery fund might be a good idea....
The IM fund would be admitting defeat and I’m not a quitter !!!Unfortunately, the main sells were in RB (look at the move in a month) and FEV (look at the move in the last month). Had I ekpt hold, I would have been apprx £8k up on where I am!!
Still, I did sell out some others that have fallen.
Still holding on to AA, with the magical 30p seemingly as likely as a golden unicorn coming out of Ethiopia.
and a heap of other AIM stocks were I got sucked into wild dreams of what I am going to do with my new found riches...
Keep on meaning to find quality stocks to hold on to for a longer duration, but it seems they are thin on the ground.
A few more bad news stories and I hope to find them.
Perhaps the IM recovery fund might be a good idea....
Don’t knock the Ethiopian golden unicorns, I have £3k in them! (Kefi). Next big thing don’t you know !!! Triple bagger don’t you know !!!
500 Miles said:
I’m probably the most boring person on this thread as I’m just staying in and hardly making any changes - Boo, IDP and RBG are the recent exceptions to this.
It’s been interesting reading the business press everyday - definitely went from wall to wall doom and gloom, to some positive noises being fed in and then back to doom...
Whilst this earning season won’t tell us anything we don’t know, it just reminds people how crap things are.
My current thoughts are (and I would love to be very wrong) are that the market has got a good few more percentage to drop before it starts heading north again.
However, even with this view I am staying invested. Overall I’m up from where I started, although not as up as I was by any stretch, and I’m confident that overall there is a massive upside to make. I’m still hoping to at least double the value of my investments.
If not, I have the right accent for begging
Putting 2 and 2 together, I'm assuming you may have recently been related to an IDP RNS, 500?It’s been interesting reading the business press everyday - definitely went from wall to wall doom and gloom, to some positive noises being fed in and then back to doom...
Whilst this earning season won’t tell us anything we don’t know, it just reminds people how crap things are.
My current thoughts are (and I would love to be very wrong) are that the market has got a good few more percentage to drop before it starts heading north again.
However, even with this view I am staying invested. Overall I’m up from where I started, although not as up as I was by any stretch, and I’m confident that overall there is a massive upside to make. I’m still hoping to at least double the value of my investments.
If not, I have the right accent for begging
I have some invested in IDP (low 4 figures only, and topped up more based on the recent results. Sure there was some inevitable bad stuff in there due to covid, but I thought the sales growth was positive!
Meeten-5dulx said:
Unfortunately, the main sells were in RB (look at the move in a month) and FEV (look at the move in the last month). Had I ekpt hold, I would have been apprx £8k up on where I am!!
Keep on meaning to find quality stocks to hold on to for a longer duration, but it seems they are thin on the ground.
There are lots IMHO, you just need to buy and don’t read this thread or any other share BB for a year. If you bail on the first 5-10% fall you are day trading not really looking for LT holds. Which is the trap I fall into but quite enjoy the journey sometimesKeep on meaning to find quality stocks to hold on to for a longer duration, but it seems they are thin on the ground.
covmutley said:
Putting 2 and 2 together, I'm assuming you may have recently been related to an IDP RNS, 500?
I have some invested in IDP (low 4 figures only, and topped up more based on the recent results. Sure there was some inevitable bad stuff in there due to covid, but I thought the sales growth was positive!
Hello, I have some invested in IDP (low 4 figures only, and topped up more based on the recent results. Sure there was some inevitable bad stuff in there due to covid, but I thought the sales growth was positive!
I think it’s going to be a very exciting few years for IDP, I believe they’ve got a very promising future.
Impacted at the moment of course but to increase revenue when most of the retail outlets were closed is a great result.
Adam B said:
Meeten-5dulx said:
Unfortunately, the main sells were in RB (look at the move in a month) and FEV (look at the move in the last month). Had I ekpt hold, I would have been apprx £8k up on where I am!!
Keep on meaning to find quality stocks to hold on to for a longer duration, but it seems they are thin on the ground.
There are lots IMHO, you just need to buy and don’t read this thread or any other share BB for a year. If you bail on the first 5-10% fall you are day trading not really looking for LT holds. Which is the trap I fall into but quite enjoy the journey sometimesKeep on meaning to find quality stocks to hold on to for a longer duration, but it seems they are thin on the ground.
Bought more at £16.
Felt pretty worried at £10.
Sold some at circa £21.
Sold the remainder at £21.50 after it had got to £22 but stubbornly refused to get there again.
Out of it, with profit but it was a roller coaster. 5-10% down at one point was considered a win!!
Plenty of others that yo yo on a daily basis
MTFB
EQT
ARE
SAGA
AA
SHI
Even my hedge in Dignity is a fail - just been slowly sliding down since i bought till yesterday when it popped up 10%. Short lived as it pissed most of that gain against the wall today. Still holding on as I think there is value in them. Should buy some more potentially.
Tempted by BOO - my moral compass can be swaed, but I fear there is more bad news to come as this seems like a lingering smell rather than a short burst which the marketing team try and paper over.
Fair size holding in SSE as well , not exactly a gambling stock but good for divi and they have had a fair price move over the last 12m. Large political bias - the cut in permitted regulated profits announced a few days ago saw the price move from £14 to £13. Still decent if you want a decent divi - they are championing the green pathway which will see them in good stead - I hope!
I Love Cake said:
Is AMG the newbies Babcock? Damn them!
think costain is the new babcock - been keeping an eye on it and nearly jumped in. glad i didnt as its just steadily losing couple of percent every day day after day. thought it would do well with the infrastructure announcementsMeeten-5dulx said:
Perhaps the IM recovery fund might be a good idea....
Ive moved a fair chunk of my normal boring Vanguard into IM's PHR. Ive learned from my gambles on this thread that I'm terrible at this game. I'm much happier to let Julian and his team manage it all. It can't go any worse than my personal efforts. (well technically it can, but I doubt it.)I'm 23% down from where I started.
Still got 4 holdings of my own:
AA
AML down 38%!! (although it opened well so now only down 32%!)
IPF
RDSB
classicfred said:
Out of interest, how many of you also hold funds ?
Until recently had a majority of my money in Vanguard but as above Ive moved a fair wedge to IM Recovery, which is still a fund, albeit a risky one. The money I'm using for this thread amounts to about 3% of my total investment pot.Edited by 911pleb on Wednesday 15th July 07:58
Edited by 911pleb on Wednesday 15th July 08:04
Meeten-5dulx said:
Adam B said:
Meeten-5dulx said:
Unfortunately, the main sells were in RB (look at the move in a month) and FEV (look at the move in the last month). Had I ekpt hold, I would have been apprx £8k up on where I am!!
Keep on meaning to find quality stocks to hold on to for a longer duration, but it seems they are thin on the ground.
There are lots IMHO, you just need to buy and don’t read this thread or any other share BB for a year. If you bail on the first 5-10% fall you are day trading not really looking for LT holds. Which is the trap I fall into but quite enjoy the journey sometimesKeep on meaning to find quality stocks to hold on to for a longer duration, but it seems they are thin on the ground.
MTFB
EQT
ARE
SAGA
AA
SHI
Dignity
BOO
SSE
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