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@CovGilbs - I agree and I think mental wellbeing is supported well with health supplements and makeup! ;-)
Media have blood on their hands in terms of how they have reported the whole thing. The damage they have caused mentally to people will be catastrophic and the impact of that will be seen over the next few years. I'd invest in any stocks relating to mental wellbeing as they will be needed!
There was a great professor on Bloomberg yesterday. It was the first time she's been on and basically it was the first I've seen a virology specialist playing down the virus, saying there is no point putting masks on kids and this virus is highly likely to be less dangerous, despite the high number of mutations.
She was basically saying a higher number of mutations is likely a good thing. Viruses tend to evolve to weaken in danger of death over time. They become easier to spread, but less dangerous. This is because the virus "wants" to survive, so killing the host is not a great idea to evolve, so it wants to become easier to spread, but less dangerous. She was great, but I very much doubt Bloomberg will have her back again until they want to pump the market again. Today is another day of fear lol.
I imagine Omicron 'terror' will fizzle out in a week. Newscorp etc needed to get the advertising revenue up after UK became tired of their reporting of Delta/Covid in general. Even the person who discovered variant said not to worry about it. Look how much they use 'may/could/might' in their articles on it. Any variant is a short term cashcow for them.
Probably a conversation for a different board though.
It's all about that Omicron risk. Currently I believe it will be worse than the market believes. However if I change that view then I will look at the below for example.
Saga - solidly run travel/insurance company with Roger De Haan back on board. Bulk of its travel is cruises which should suffer less from the air bans. Some of the cruises just go around UK waters so are unaffected. Passengers on the cruises have to be vaccinated so there is a good comfort level for the old folk who travel on board. Its been a very profitable share for me in the past.
If Omicron risk in my view escalates then I may look into Justeat/Deliveroo. However I prefer Ocado currently in that sector.
I may reinvest funds in THG. Following with interest future events/announcements..
I have wrapped this share up in a sleeping bag and tucked it away for a while to hibernate till new year. Think patience is needed, good luck everyone.
Hi Valueplay,
Thanks but I knew you're interested in OCDO and the airlines already from your post history.
You said there are "Many very attractive share opportunities are opening up across the FTSE due to Omicron".
Based on your 25 years of trading experience I was wondering more about those.
Cheers
Ocado is a solid play re Omicron as consumers switch to online grocery delivery and long term borrowing rates fall which helps the financing of Ocados global network of automated distribution centres it is building for its partners.
The airlines are interesting me. As the price falls, opportunity could open up. It's all about assessing the Omicron risk. I'm reading/listening to all that I can so I can make my own judgement.
Fair enough @ValuePlay.
I note you've commented on THG, IAG and OCDO in the last 30 days. What are the other shares you're seeing as opportunities coming up across the FTSE due to Omicron?
Cheers
The stock market has been extremely profitable for me over the years. So many opportunities out there on the FTSE currently.
Best of luck OxfordBull
The stock market is really not for you @valueplay
Best of luck Mando,
There's a lot of potential in THG. You may well be rewarded handsomely if you long hold. Typically I like to long hold too but do bank quick profits sometimes to keep the trading account topped up or cut losses if I am not happy with a shares progress.
My aim since I started trading 25 years ago is to make more correct decisions than wrong ones. So far that's been the case for me. Many very attractive share opportunities are opening up across the FTSE due to Omicron. Very good time I believe to have some cash on the sidelines so opportunities can be taken.
Sad to hear it Valueplay. You may be right, but I feel patience is needed and this is the time to be loading up in times of fear.
Last year THG gave a Trading Update on Monday 7th December to report on Black Friday, Cyber Monday sales etc, so we could see an update again on Monday, and personally I'm thinking it will spark the major rises many of us here are hoping for and expecting as planned long term investors. I wouldn't be surprised if they announce the new Chairman on Monday. Clearly its just a hope, but you never know.
There may be other investors who could be squeezed out as you have been so you may be able to buy back lower, and if you can, all the best to you, but it's too risky a strategy for me. Too many times I've been squeezed out and wished I held on just another week. I was squeezed out of FUTR about a week ago. It jumped 16% today...
Good luck.
You took the words out my mouth Ryan/ what sort of trader is 1/ that impatient 2/ worries about short term movements
I think a current account is a safer bet for you valueplay
Yawn, ValuePlay at it yet again telling us about his 5p trades. Honestly don't know why you bother writing it, no one cares.
I'm out
Sold at 179p. Small loss having bought at 181p. Could be great potential here but with no more info from management and possible supply chain problems ahead I've taken the loss. Omicron could be to THGs advantage. I will be following closely, may jump in later on.
Best to all.
So did I. Added some more just above 180.
Got my 70% of holding I sold last time.
Will be addimg more.
Bought in today at 181p. There's value/ opportunity in some of these dips.
Best to all holders