@ARSENAL17 the price did go near 64, but not at sep 11, but on 12th march 2003 which was 1 week before the second gulf war. I have the candlestick graphs from 6 jan 1994, and 12th march 2003 is the only day your trade could have been! so you got your wires crossed, you did buy at 64p, but not because of 911, you are confusing Gulf war II with 911. the candlestick graphs show that for the entirety of 2001 the price was above 1 quid, conforming with adramforall's specific prices. have a look through your brokerage statements, in fact have a look at 12th march 2003. I know more about your portfolio and trades than you! the wicks of the candlesticks give the max and min over the entire time interval, nothing is missed out. you evidently have succeeded so far, and probably will succeed in the future. but the stock exchange is NOT investment, its a kind of bookmakers. when you bet on ARSENAL11 winning at Ladbrokes, that bet doesnt go to ARSENAL11. IPOs are investment, new share issues are investment, but the secondary market is NOT investment. investment is where you give money to someone for use in a company, eg they use the money to buy equipment, or for cash flow so they can carry out work where they get paid after the work is complete. with the secondary market, your money doesnt go to the company, but just goes from you to the broker, from the broker to the market maker, and eventually from the market maker to other speculators. it doesnt go to the company. with warrants and probably options, the money does go to the company, so those are investment. what I like about loans, is there is no share price, and its entirely about fundamentals. you either get the agreed profits every month, or the loan defaults. something like 2% of loans default. if the loan defaults, you often continue getting the repayments from the guarantors. loans are investment, IPOs are investment, new share issues are investment.
Sorry another dead wooder speaking again ha ha
You havent got a clue about my strategy ,what is it with some of you ,do you really have a clue DER as i say just keep ya eye on ya own investments if ya have any ha ha
You're so long on your investments that the only thing they will pay for is your funeral. Good luck with your 50 year strategy.
Listen firstly i have not got all my eggs in one basket and as i keep telling ya all investments only become a loss when you sell in bad times and yes it maybe a paper loss but as i keep telling you i have a structured long term plan so that i will sell some of my portfolio in a balanced way and still have a good profit and also buy back in at lower prices, sorry i got your occupation wrong but who knows what you do as for 2001 i can assure you the company did toch 64p and i bought a lot of shares so maybe you will understand that a share did go to extreme lows because of the terrorists and as i have withdrawn amounts of cash i am well up on any investment ,i have no intention of selling up any of my investments yet but accept that in the next couple of years i will start to draw down my portfolio against capital gains so it may take a good 10 years to get my future investments tax free and i cn assure you i know what i am doing and dont need to pay a financial advisor a penny ok and im happy as well
You might have notice if you had read my point that i said "A PAPER LOSS". My small,(£20K investment) by your portfolio size, shareholdings are doing OK, many have been held for several years. Unlike you I have spread the risk. No idea why you think I am a postie just because I post in here. If I buy shares in Rolls Royce and post in that forum will that make me an aeronautical engineer? You are the only investor I know that puts all their eggs into one basket. Any financial advisor will tell you that is a bad move and with the money you have invested you should be taking financial advice!! No idea why you still persist with 64p price at Sept 2001 since the closing prices in September 2001 were 24 Sep 2001, 119.37p , 17 Sep 2001, 112.02p, 10 Sep 2001, 151.96p and 3 Sep 2001 190.99p. Never mind, I am sure you will be happy.
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