Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Yeah test, Cineworld would be a good example of when I totally messed up timing, well actually got in before first June spike at 60p, but got greedy and had to watch a complete sp collapse, never brought under 30p because I blew my load well too early averaging down, but did get to sell at second spike and rebuy, derisked just before this recent, at 65p and not unfortunately the 88p rise to leave 'free' shares as still very uncertain it will survive with the speed of recovery in that sector, still a huge gamble in my eyes, but I don't dare now express my fears on that bb now because you get instantly shouted down as a deramper. Bab****s got its problems obviously, but it's in a sector where money has already been allocated ie, revenue for next year is good, directors have given 200p some sort of safety net, is how I read that-I might be being naive with this, and actually it's a ploy to get a sp increase for a ri, but as always it risk vs reward, so let's see how we look in the summer, gla
AMC? see that went well today!
No worries CP85.
I have been there.. sold cine @40 with massive losses and regretted big time.
Luckily I have pulled back all my profit.
Good news, BAB is showing a good recovery sign.
Good luck.
Funny ole day in general today!! Quite a few stocks reversing early losses.
BAB moving in the right direction as expected though......
GL
Tp
Yeah OK test, have to admit, obviously timing is fairly important, the phrase sounded better in my head! I just meant that I think I regret more of my sells at the wrong time, than I do my buys if that makes sense. Ie the missed gains bug me more than seeing the paper loss for some reason, basically I like taking a position, average down if messed up the timing very badly and just give it time till it starts to head up, I've only ever sold for a loss a few times, and massively regretted the decision afterwards. Well that's my amateur technique, ironically some of my worst timed buys have lead to my biggest gains as I get to buy at least one tranche nearer the bottom. Anyways I was mainly thinking I've seen this Claire poster a fair few times and she either massively ramps or deramps on the bb's depending on her agenda for the day and that any novices should just give investments time and not try and second guess the market, especially this kinda market atm
Test I agree, its all about entry point. And I think this is a good one for BAB. All bubbles burst, and FOMO and bandwagon jumping create as many losers as winners. You just don't hear about the loses.
@CP85
I agree and disagree..
Agree on "Chasing gambles is where people lose money, jumping on the next big riser, better off choosing stocks that are unloved, and give it time"
Disagree on "I think in investing its more time and not timing"
Timing is very important. Once you get your correct entry point then just wait until your target reached.
Currently getting in BAB is perfect example of buying in with the excellent price (It's all about timing)
Ha, how that work out for you Claire?! Or was it a joke, as I see far more upside here than shares that have already experienced a massive pump? Chasing gambles is where people lose money, jumping on the next big riser, better off choosing stocks that are unloved, and give it time, I think in investing its more time and not timing, well mostly! Tbh I'm surprised this is one of my only green shares today, bit of a shocker for most of the rest! Gla
selling everything in this and going hard in GME, NOK, BB, AMC. Th we are the only shares that matter now.
Hope that the shorters get the full Melvin / GameStop treatment ..here's to tomorrow
Ladies and Gentleman the game is on .. the rioters have suggested PFC and now Bab****s is a go .... thousands of small purchases incoming each £50 to £250 ... this is being smashed tomorrow. Poor old Barclays