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Schlemiel, sorry to hear your experience . Try to let it go, it will only make you bitter. I've lost a couple of my closest relations to cancer in the last couple of years and it has opened my eyes to the true value of health, living each day to the full and having a laugh (sometimes at yourself). I used to roll my eyes when I heard that sort of advice when I was a youngster. It's a cliche, but if you've got your health go out side an d punch the air.
There’s a few I believe as they also admit when they have lost money also
We all know some of the stuff people claim on these BBs is bs
Also remember most of what people post over there will not even be true IMO
Many claiming to have millions etc, I know some genuinely have but we all know in reality most people sell up after 2-300%
Most weren’t around at 1p on the BB saying they had bought millions
So I take it all with a pinch of salt what’s said on these BBs
If someone was genuinely a multi millionaire from it, would they really be spending all their time on these BBs?
I think not, if so they need a life coach
*terrible English I know.
I'm the same Everlong - you have to be realistic about what you could have done. Could you really have held all the way to 25p? You would have had to have held through the drop from 16p to 12p. You would have had to hold through resistance at 16p. You would have to have resisted the urge to sell at 20p. You'd have had to bite your nails through last weekend. The pressure to sell would have been too much, for those who beleive that valuations are detaching somewhat from reality.
schlemiel, I've experienced those frustrations in the past but after 30 years of investing in stocks and shares I have never, for a long time, allowed hindsight to enter my thoughts after buys or sells. As long as you are profiting and those profits go to good use, it's irrelevant regardless of the sums involved. Contentment is a very precious place.
It's an expression of frustration, nothing more. It's part of the healing process. Yes, selling too soon and foregoing a grand or so is easily absorbed but when the figures being quoted become tens of thousands of pounds then the emotional impact of that can be quite damaging. I suppose it's all a learning curve, assuming of course we learn from it
It's like all these pointless articles saying "if you'd invested £10,000 in Amazon when it went public it would be worth £10,000,000 today" or whatever the figures are. Same with Bitcoin when it went to $20k. The reality is virtually no-one would or should have held on that long. Nearly everyone who bought Amazon at $50 either sold at $100 feeling mighty pleased with themselves or sold at $1,000 thinking they were Warren Buffett reborn (ironically). Most assets that have hundred bagged have taken a long time to get there and had some huge swings on the way. Amazon has had at least one 90% drawdown and I'm sure Apple has had something like 7 downers of 50% or more over the years.
If you sold GGP for a decent profit in the past and you believed at the time it was the right thing to do, then it was the right thing to do. Profit is profit.
even here, if I'd have just kept my 1p and 3p buys and not topped up higher.
We are all learning, try and be grateful for what you do have helps me, especially in current times when many have nothing.
I'm happy with 13.5p average and confident this will be many multiples of that in the future, i will not be selling out too early here, unless we get a take out.
Been here 6-7 years already
schlemiel
we have all done it and been there, anyone who says they haven't is lying.
hindsight can be so frustrating, I first bought GGP at 0.3p and sold at a penny, so I could say the same, as that would be an 83 bagger now!
The problem is at the time we obviously don't have hindsight at the time.
You no doubt had thoughts on another she when you sold, I'm confident we will do well here.
I'm very content with my GGP profits, I didn't sell at the top but that's irrelevant. Hindsight should never enter your thoughts for investing, it's pointless. The fact is that the profits are real and now working here and elsewhere and they're not merely paper profits.
When the price gains a degree of traction then all the arguments or should I say the need and desire to argue will simply disappear. I'm not sure what event will trigger a step change or material change in interest in the stock but surely that moment can't be too far away considering the timeline of events in the weeks and months to come
There's no one more frustrated than me regarding Greatland. To hold a million at 1.85p and then seeing the current price of 25p would push anyone over the edge!
Novice, I don't mind a bit of harmless banter, but that went below the belt. And I suspect it was a comment about meds by Jerry that hit the nerve that triggered it. Z then took the coward's option and attacked somebody else.
FFS Miagi, Ignore them. It takes all sorts to make a box of chocolates ... if we were all the same how boring would that be.
In this environment people feel brave because it is anonymous and certain people lie and just enjoy winding people up. You know why you're invested here and so do I and hopefully so does Z. Good day
Zoros, I'm going to have to address your comment last night in more detail because it was nasty and unnecessary.
No I do not wish that PIs in GGP get badly burnt - if I did, why on earth would I be suggesting that now is a great time to sell?! What will happen is that someone will buy at the top and someone will sell at the top - simples. The person who sells at the top profits and the person who buys at the top picks up the bill. Frankly, it is an infantile argument that those who are inexperienced and basically gambling in the stock market deserve a better life - they no more deserve a better life than billions of other people in the world.
You can stick your free advice where the sun doesn't shine. And I presume that you are talking from personal experience.
I've got your number Zoros - you are an example of inherited wealth gone bad.
Z gets the most ironic post of Wednesday award. No self awareness there, having spent months rubbing GGP flavoured salt in everybody's wounds.
Bit of banter, hit a nerve, and the real Zoros comes out.
Wow, I think you have your answer there Jerry!
You really do have a problem. It gartes really badly doesn't it. Grates because you either can't or won't buy into GGP. It's a shame because occasionally you are good to read. But it's simmering just under the surface isn't it....you are praying that PI's on GGP get very very badly burned. That will make you feel good then, eh?
Let me give you some free advice, an attitude like that across all aspects of life, will bring you heartache for years to come. Try mindfullness, better still ...take a leaf out of Schmels book....dust yourself down and move on FFS.
Now enough of this festering hatred towards other PI's who are doing very nicely elsewhere because one day and one day soon your time will come to experience that, here and how would you feel if others spoke about you like this.
Grow up.........................and fast.
Goodnight all.
Z