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I feel like just holding this for long term considering the price I got in at 30. Don’t know if this will start to pay dividends but even if this does, will be in late 2021 or smth like that I guess?
Correct mate buy and hold and reap long term
Swing trade it. Maximise your returns. The buy and hold strategy is not the most effective. You do not lock in profits and you expose yourself to black swan events that are designed to take you out of the market. They want you to buy and hold because you are then at their mercy.
Buy and hold never done much harm for me in the past so will continue thanks
A combination of the two strategies I have used. I first bought £10000 in about a month ago at 47p. Priced drop to around 43p and I bought another £4000. The price dropped to 39p and bought another 2000
RE: Long term hold?28 Jun 2020 09:00
A combination of the two strategies I have used. I first bought £10000 in about a month ago at 47p. Priced drop to around 43p and I bought another £4000. The price dropped to 39p and bought another 2000. Last week I sold both the ones I bought for 39p and 43p for a profit of about £900 when cpi jumped about 15%. I still got my initial investment for the long term and still have the free cash to reinvest in good dip.
Similar strategy have been used for my rbs shares. Bought in at 210p but manage to average down to 170p. Still a long way to go on that one. Hopefully, there might be a few dips to buy in and bring my average to about 140.
I guess all I am trying to say is long term investment is good but there is also a real opportunity here in this volatile market.
Prior to covid I was about £5000 in profit. By march I was sitting on a loss of about £15000. It stressed me and I hardly slept. But today I am sitting on a loss of £4000 although not much has happened in the shares I have.
I am holding around 16,000 shares at between 32 and 36p.
I intend to hold long term, because once the FTSE recovers and the sales of Eclipse and ESS are confirmed this will get back to the pre Covid level of 170 to 200.
swazers - I agree with you. I have gotten badly unstuck on several AIM shares by not taking profits. One share I hold has a bid of around 16p and my average is around 33p. but had I taken profits I could have netted £30K+. I think CPI will do okay though I think it will be a bit of a wait for it to break £1 frankly. But buyers and holders beware !!!
Yes, the real trick to the swing trading game are of course entries & exits. I am a TA guy. Take a look at my charts on my twitter if you like? @SwazersC
Warren Buffett holds long term and he seems to have done OK.
The majority of day traders lose money.
Personally I find that holding for a year produces the best results.
I buy on dips and hold for 99p great share for sure undervalued atm.
You add to losing trades? Never a good idea.
learningtrader dishing out the advice, less talking, more learning!
Learningtrader.... why do you suggest it's not a good idea to buy on the dips? I'm intrigued??
Dips fine but don’t add to losing trades.
Explain how is this a losing trade pls? If you're referring to the price dropping this morning, general market is down not just CPI.
What are you invested in at the moment? What price did you buy? Maybe I misunderstood.
The FTSE is down 0.5%. Hardly a big drop.
what do you call a losing trade... you are really confusing me? If I've bought at an average price of say 44p and the price is now 42p then surely this is a losing trade / a dip?
The fact that CPI woncontracts from the Government, which is considered a great customer line up, have undrawn available credits and not considering any government loan schemes for Covid, I take this as a win. This assurance not even taken into account of the sale of Eclipse and another ESS sale line up. So I this as a win. I'm comfortable enough to leave my cash with Capita for another 2 months. The question is whether if it's worth holding for a year or so. If not I will relocate all my cash somewhere after reaping a good amount of profit after 2 months. I'm talking after minimum 100% return and I'm pretty sure this can be done.
So the highest price you have bought in at is 44? Just tell us what prices you have bought in at.
I bought in at 31p and averaged it to 39 by buying more to hold. I'm done buying though. just waiting for the right time to sell or may be hold long term.
I've bought in three times which averages at 44p so at the moment I am in a loss making situation across the total trades.
so if I buy again at say 40p (I wish), I might be able to average my price down to say 42p, which would then make me break even overall. If I am buying as a value investor I believe that the share is undervalue so holding more stock at a price less than my anticipated valuation is surely a good thing??
If you have bought in at 44 as an average then if it drops to 42 then you are in a losing trade therefore adding to a losing trade.