Have to agree with you Early, IMO the safer time to sell and buy back in has gone. I gave up looking for bottoms ages ago after missing numerous bounces. Now I'm much happier getting near bottoms and being 'in' when the inevitable rise occurs. IF it drops a wee bit more, sobeit but at least I'm in for the ride rather than looking in. Post re-read this time :)
Then they should have only invested money they can afford to lose. If it's money you need to live on then you've been reckless. Sorry no sympathy for for those that don't follow the basic rules of the game.
Well I hope those that are selling are moving their money in to cash. Selling now and it's at a loss and they're not cut out for this. If you were gonna get out sit on the side lines and come back in cheaper that was last week or over the last few months. Sell now and you are in the "mug" category. I think a few amateur PIs need to a grow a pair. Not you legobrickgirl
I'm feeling it. Reduced my holding here on Monday. Thought I was having a bad time with QPP and PFD but can officially add WSG to that club now. Just need to be patient and pray the indices are not going to properly crash for another year.
"We recently announced the signing of a memorandum of understanding for the Ferry Project in Africa, which is progressing through licencing, and which would represent another very attractive potential long term managed services project."
Putting aside the short term sp movement - It's not many weeks now before this is due to start operating - gaining the necessary licenses has been going well for some time now so find it hard to believe even as a hurting, patient long term holder that major news will be announced very soon.
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