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Rogue i also went quiet big on Halfords in at 60p had a good feeling no debt, car repairs and got lucky they got exemption from closing. Crashed out too soon at 90p and put the lot on Saga 16p old money. When i kitchin sinked it was my last two holdings vistry and imb and picked up final 5000 shares for £1.27. Learnt a lot over the years and who know i might do better second time around !!
I also banked the profit today..been a great ride so far and I’m expecting a month end pull back tomorrow, cash waiting to dive back in at 4.29pm! ready for the next leg up next week when we hit 20million vaccines ..Knowing my luck will announce cruise sailing tomorrow!
Its interesting to read different strategies. I went to cash in my SIPP as the markets started to go last Feb, and then went to Gold, but that dropped back as well so sold and then back in stocks (shouldve stayed in gold for a bit).
SO hoovered up COVID hit stocks. Was in CIne at 25 (now what 100?), Mars at 30, (now 96) and LAM at 11, toppped up at 9 odd (now 78). I sold these when i doubled by money and put it in (amongst others) here. I have resisted the temptation to go back over the Excel from last year for the what ifs.....
And some I didnt sell im 3 x.
But based on the above, and my pet warning Halfords, im sticking here until at least after the first Year end after 2 ships sailing and numbers in.
I should also say that I couldnt afford the plan to go wrong so have been cautious interms of single exposures.
I do think SAGA is going to repay my trust, though I must remebr that what was 35% of value a couple of weeks ago is now 41ish....
GLA whatever your plan. Retire on a retirement play? Sweet.
Well i think you all know my story - 70k down mainly on Aim. Gambling my last 20k or so to get it back. On 16th October sold all other shares and kitchin sinked the lot on Saga at £1.27 ( average a bit higher as in earlier) Need about £6.40ish to get back to 90k and even. Not selling not trading this is it. Not sure what i will do at £6.40 but its personal. Seriously have researched this company to death outlook is really bright. Market took refinancing talk (sky ) in stride, dofus the man on the inside suggests company is buzzing. Interested in value of covid premium in Aprils accounts which the say is 5bp off loss ratio, sale value of three properties which they have to disclose, and value of titan (was £100m + before covid) .With goodwill fully written down and little in the way of assets / liabilities the full sale proceeds should hit both accounting bottom line and cashflow.
Weldone to the guys, with double profit that’s awesome! You guys got in on a great price!
I averaged down from 300 to 250, still happy with that, wish I spotted saga earlier haha
One thing for sure is that shares do not go up in straight lines. I expect a pull back will happen soon before the next leg up. I always think that is healthy as it gives new investors a chance to get aboard. I would rather see this tick on slowly at 2 or 3 % a week rather than 10% in a day.
I’m also around 50% profit, no way I’m giving these shares away that easily lol
Same, I am also just under double in profit - and staying right here for at least 500-600. No point in selling too early when real gains are yet to come. Once news of cruising is confirmed, the rise will be robust IMO. ATB.
Could be a good decision brochrock, or possibly not, who knows. Personally, I refused a 95% profit this morning as I think it is no where good enough :-)
GLA
I took the chance to sell out today. 45% profit was too much for me to resist.
I will be back later no doubt.
That's okay brochrock, great site for basic TA as the site/graph plots trendlines etc itself. So if you are unsure how to plot trendlines or spot selling (previous resistance) and buying (previous support) points.
Disclosure not 100% proven fact but i tend to always use technical analysis alongside good old fundamental analysis to plan entry and exit points.
Now if saga could hit 350p or even retest 320p that would be nice. :)
Great minds value hunting, low risk in a lofty/stretched market is why i'm in on these.
Why are there people talking like they have just skimmed through a "how to day trade" book lol.
The price is rising because people are hopeful of vaccines working and people will be looking to book holidays. This won't reach pre-crash levels this year for sure, but will definitely grow from here.
As for when to sell, sell whenever you want! I bought at £2.44 and sold a small amount today at £3.63 just because I wanted to. If you have made profit and want to lock some in go for it.
Thanks for the link tomc1. That will come in handy for me in the future.
Coincidentally, I also have COST,MCRO & SAGA. I guess great minds think alike & fools seldom differ, LOL.
You're in a Rogueshly flippant mood, I like it :-)
haha yea maybe on the 1 minute chart.
We'll see, other value plays i have are doing well COST/CARD/BP/TED/TLW/MCRO but none like saga on rumoured travel news, i get it's a cheap stock but so's everything else and not had such a great run.
Should have committed to long and strong!haha
Flipped to oversold now TomC1, get back on it!
Been trading this and can't resist, bought on breakout of downward trend line as mentioned in my earlier post this week at 298 and 311.
It's had a great breakout and hitting resistance (triple top maybe)
https://www.marketscreener.com/quote/stock/SAGA-PLC-16546285/charts/
RSI into massively overbought too just another indicatior i know it's not science but a useful indicator i find.
I'll be back hopefully just a matter of when, gla LTH i'm not playing with big money like some of you so trying to make the most i can, served me well so far.