I share the same belief. Had predicted foolish a remain victory and had holdings of 60-70k on the banks, got hit 20 percent and sold out. A bit of gains though, but no regrets.
As a result of the vote, I'm cautious of the near future and in particular this next 12 months. A slow down may be triggered once article 50 is invoked. I think either side can agree that the short term future isn't quite rosy although this may change in the future. Could there be poor data spewed out across this period of uncertainty?
Wish everyone trading in lloy good luck regardless and DYOR
I had a feeling we would end up leaving so i pre planned and sold most of my investments a week before as i didnt really feel the need to risk it all for if we stayed and at most getting a 5% gain. booked a few days off work to day trade which has been very thrilling. up 12k. happy days
A thoughtful post and an interesting read. There are some large losses taken by some in here. Majes for sober reading
I'm retired and I have a substantial holding here, well, substantial for me..bought at between 60p - 88p. I have a lot of confidence in Lloyds and it just so happens that I am going to do what you are doing but with £3000. I've always wanted to day trade so I'll give it a go but it will be more like very short term rather than daily...maybe a week or so depending of the movement. I don't want to be sitting infront of a screen all day either. ATB D&D
I held shares since Jan 2009 - my average was 78.5p and I had invested around 15k. After all those years of holding, the tories won the election last year and I sold at 88p the day of the result. Made around 3k profit, then like an idiot, panicked and bought in the next day, then the price just boobed up and down in the 70s....
So held again, and right up until a week before the referendum I was convinced we'd remain, so planned to continue holding and hoped we'd get a little bounce. About Monday i was on the commuter rush to work, and looked around and thought how miserable everybody was. The pushing to get on the train, the smug campaign run by remain... The IN compaigners who stood outside every tube station, like those charity fundraisers who try to push weak people into signing up on the street. And even though I voted remain it ****ed me off. The smug posts of people on facebook, the 'lets see who can smear leave voters as racists the most' competition and the armchair politicians who signed anyone who had a gripe with the U.K as against multiculturalism. The disdain for the working class and the sarcasm directed towards them. I felt all of this and I am a 29 year old professional, who voted in. I KNEW that my annoyance would be nothing compared to a lot of people who've been treated like scum by the Tory cuts and have had the added insult of being elbowed out of the jobs market.
Couldn't ignore this feeling, so I sold either Monday or Tuesday night at a loss, taking about £12600. Was down about £5k. Thought, 'go big or go home', so I put 3k on brexit 3-1 odds at the time and now got about 24k altogether. First thing i ever won in my life... but anyway had to share it. And say - if you've got shares here don't sell - hang in there! I've just bought £2500 worth of shares at 54p and I'm gonna play it like a day trader. anyway - feel good story during a time of woe for a lot of people, hope this gives a little faith/ hope
Noted your reply,thanks. I only looked at one report. I've done more searches and you're right.219 killed,burnt. They also poisoned 94 and doused another truck load with insecticide rendering the meat inedible. There were repurcussions here for the French, one being a violent attack in a french lorry driver in the UK.
Looking at Britain, starting to come out of shock and compose itself, and looking at those spineless, faceless Eurocrats who only today - out of spite - decided to grow a collective spine and show their grey, blank, bespectacled faces, I am reminded of the last words narrator Nick says to Jay Gatsby:
"They’re a rotten crowd,” I shouted across the lawn. “You’re worth the whole damn bunch put together.”
And we are.
And one day, not too far down the road, we will look at ourselves, and we will look at them, and conclude that this was another one of our finest hours.
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