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H212 - Thought you were going to wait and see if you could bag it in the 60's? Personally, I see no change in the bearish momemum trends at all, nor any indications of change, so I think it's got a bit further to fall before it's done. However contrarian to that view - it is, seriously, seriously, oversold right now. Might bottom in days but checking back I'm thinking a week, or more before that. Checked back over the years for reltrive strength comparisons as this retrace looks quite deep from the sudden dive down from the 90's - but there's been worse in years past, so it's in its character to go deerper into the relartive strength retrace if the market is intent on disappointing holders. I can see why you've acted now though; it's right amongst those gap-up's in late autumn 2017 - now acting as support. However, I'm favouring the bearish momentum to continue as the trend has not yet changed. If it does dip into the 60's - I'll take a punt. Might put in a computerised limit buy order in readiness, but I prefer to duel on the day :) Not desperate right now for this so it's easy for me to play silly biggers with the SP at 73p
Back in today at 72.9
Well, its starting to look like better value again. In the 60's Ill look to move back in myself.
For talking this down - I’ll be adding as it’s very undervalued and will bounce no question . GDOR means companies will want email services more than ever to preserve their client lists and recruit new customers where people haven’t responded The international expansion continues and the recent acquisition will have presented cross selling opportunities I’ve been in since 28p and I think Slater added at about this level about 6 months ago which is a fabulous endorsement if ever one was needed
Upside has been met on this one. Dont see any rise in this for a while now. Time to cut and run with whats come out of it. IMO, GDPR compliance is going to incur some costs for DOTD which is going to hurt it in the short term. worth coming back to in 6-9 months perhaps. Love to company though, shame everyone else does too! :)
Good to see s666 and trust this will bring this solid company to a wider audience
A nice artical in the Telegraph yesterday naming this as one of the 5 tech firms worth backing.
Good evening Neophy. Nobody knows which way a share price is going to go for sure, even after a lot of detailed research. We hopefully make the right call with the share price rising as DOTD duly did for me. I believe everyone should have an exit strategy for any investment, a price target for the upside (to be reviewed once it is hit) and a stop loss for the downside. Too many folk cut their profits and run their losses rather than the other way around. A small loss can quickly (or slowly) become a much larger loss. Better to bail out with a manageable loss with the possibility/desire to invest again once things/should things improve rather than sit watching the loss mount up. It's totally an individual decision of course what one does but I for one am no way going to take a large loss and will look to possibly re-invest in another company which appears to be in a better position. My error?.........overpaying for a fairly decent business?....yes, think you are probaby right. However, expensive shares can continue to get more expensive with a rising share price just as a cheap share can get even cheaper with a falling share price. That is why I never average down, only up. Sentiment has changed towards DOTD for the time being. There needs to be some sustained buying to improve the share price and I am not sure what will do that, unless there is a potential buyer in the background waiting to hoover up a lot of shares once it has fallen to a given level. The market makers will know this if the individual/institution has a buy order in and will try to get those shares for them at the given price by shaking the tree if only slightly. And of course a positive RNS would do nicely. Good luck with whatever you do Regards CM
Been looking at this with intention of buying if gets lower. I think an important question to ask yourself before buying, CM is what would you do if it fell 20-30 even 40%. If the answer to that is sell, you really need to consider why you're buying. Especially if you have a long-term approach. Fwiw, I don't think you've got it completely wrong here. I liked this when it was in the 50s but failed to pull the trigger. So have watched it climb then start to fall back again, as most things do. But even here, its too expensive for me. And that's where I think your error is... That you overpaid for a fairly decent business. I'll continue to watch until this becomes good value. And if it doesn't, I'll leave it. Atb.
I have been feeling pretty pig sick over the weekend. I have been mulling over when best to sell. This of course has to be an individual decision. I don't like to wait until a share falls 20% but will weigh it up on each individual share. Some shares I would sell out of before 20% if I thought things had turned negative and there was little or no upside, or if that upside was going to take some time to come about. I would look to re-invest in a share with better prospects. I gave DOTD the benefit of the doubt. Whereas I MAY well have made a mistake in selling DOTD, the real mistake for ME, was not to sell earlier. Why?. Well, simply put 20% of �1000 is in monetary terms is a lot less than 20% of �3800 (what I had invested) and a lot less than 20% of �10,000. �200 doesn't take a lot to regain, �750? takes a lot longer, and of course �2000 possibly a considerable time. But all are still 20%. So, I have to do some major rethinking and set a � loss and not a % loss. The more I have invested, effectively the lower % of what I have invested before I sell. Big mistake for me, no excuses, I really should have known better. No sympathy wanted. The real time to sell is before I/we get that awful knott in our stomach and start sweating; we need to be at ease with our investments. That also means admitting that we may have made a mistake. NO ADVICE intended here for anyone, just me thinking out loud. It isn't unknown for me to sell out and see the investments rise again, sometimes it seems like fate or Sod's law. I went against my own judgement this time not selling earlier. I am not ruling out re-investing if I genuinely see things changing here but need to do far more indepth research on alternatives. I don't see anything fundamentally wrong with DOTD, sentiment needs to and may well change; what will change that I don't know...........maybe simply me selling out!!!. Good luck all Regards CM
Hi JJ. Thanks for your comments. It's always the selling which is the difficult part. The fear of the share price surely rising the moment we sell, the self denial that we have possibly made a mistake in buying in the first place, the not prepared to take a loss syndrome, it surely can't go any lower etc, etc. BUT, cutting our losses whilst they are relatively small rather than let them mount up and get even higher is all part of successful investing. I really should have sold earlier, the loss really has been much more than I should have taken and it will take time to recover those losses. Such is life. I will continue to look in JJ and may still post. My remaining holdings are GBG and XLM, so I can be seen posting on there from time to time. In the mean time I will check out other possible investments........may re invest here. Regards CM
Can fully understand. These last few weeks have been so frustrating and must admit I have felt like chucking the lot and looking to one the better small company trusts to let them do the work. But and there is always a but ,I have done it before and ended up missing involvement with these tiddlers. All the best CM I shall miss your well considered posts and hope to see you again on another.
Your selling seem to trigger all the buying lol. 2x 1.5 mill buys.... At least you have a plan many of us don�t, people just hang onto a share in hope like me. Phe down 60% I�d be happy with a 20% loss. I need to be more strict with myself like you. Keep the faith ..
So, guess you all owe me a pint!. There you go, CM sells out and share price goes up. Who of us hasn't experienced that?. Perhaps there was a buyer awaiting in the background for the price to hit a certain level; perhaps any shorters had decided the price had fallen enough and have bought back in, or perhaps this is a temporary relief rally. Who knows?. But, for all of us, or most of us, there has to be a time as I posted earlier when any loss is enough. I held this for longer than perhaps I should, selling at 80p for a 15% loss would have been more akin to what I would normally take. I will wait and see what happens from here and consider alternative investment opportunities. So far this year it has been pretty crap. Has my judgement left me or has it been just bad luck?. Hmm. Good luck to those of you left in. Regards CM
Well, when the selling price is showing above the buying price, I have found it is usually a sign that the selling price is about to drop further; that has been the case recently. Therefore, I HAVE sold out, regretably. That WILL probably be the sign for the share price to rise now, sods law!. Some we win, some we lose. Nothing fundamentally wrong with the company, but there has to become a time when enough is enough and 20% fall or loss is at the very top of what I am prepared to take. Will keep DOTD on my watchlist and won't rule out re-investing if things change. Drat and double drat Regards and good luck CM
This is down AGAIN this morning. At 20% down overall for me now, this is probably enough to take a loss and no more. There seems no let up in the falling trend. I can always buy back in if/when things recover. Market probably waiting for me to sell for it to recover. Hmm. Good luck Regards CM
Sorry to hear about your loss JJ. Often we can sell out too soon, other times not soon enough; it's not easy knowing which way to turn. I remember reading Jim Slaters' book, The Zulu Principle, which stated within that if we do find a really good share matching the strict criteria he would base an investment on, then we have to (try) stick with it through the thin times as well as the thick times. Hmm, easier said than done. It seems that when a share falls by as much as DOTD has over the last couple of weeks, that we have to see the share price level out and stabilize for a while, forming a base, from which it can move forward again. This can take days, weeks but if the company is strong then it should recover. I have the same problem with XLM, which seems to have taken a similar line to DOTD after its' latest results. Nothing to be too concerned about there it would appear, but the market is very fickle at present and will punish any company should their results not show better than expected results or only meeting market expectation. All very disappointing. Has it always been like this?. Anyway, at least today has been stable; so maybe, just maybe this could be a platform to build on; fingers, toes, eyes and everything else crossed. GLA Regards CM
Seems today Dotty is the only statue of mine not have been dumped upon. Worked frustration off in the woodland where the pigeons left me alone. Still over the years have found investing in these AIM shares interesting and have often missed out by selling to soon. Having said that sold one yesterday that was too much based on hope for a 30% loss. Only ones left now are long termers,sod the pigeons. Best wishes all. JJ
Been a while since I was invested here, was originally in the low 20s sold out in the 50s in 70s out 90s wish I just invested and left. Back in again now and planning to stay in for at least 12 months, was and still am impressed with this company. Nothing goes straight up, has to take a breather once in a while. Good luck.
Buys showing as sells. Anything closer to 78 is a buy. True spread is 77-78 at present. Remember what is shown is best guess by computer and isn't necessarily correct. Staying put at present but another day when it seems we are the statue rather than the pigeon!. GLA CM
It would be nice to see this back in the 80s come next weekend...........wonder what the chances are?. Truly hope this next week will be positive. I have read, re-read and re-read again the last interim results. The retrace does seem over done. I would normally have sold out and taken my loss by now, around 18%, but hanging on in there having seen similar falls on previous holdings for no clear reasons and having seen them recover. I could easily give up with the markets; if I did think I had an understanding I'm far from sure I have any longer. Nice to hear from you Velo, different board that it is from previous boards. Tend to agree with your post; could be longer term to make gains here. Regards and gla CM
Hi guys. My last post gave stockopedia as Stock Opera. Predictive spelling at its best,. Sums up the markets, don't give up until the fat lady's stock has sung. Better day today,Lighthouse the only one of mine not to rise,phew the last few days even as a LTH have been frustrating. Sticking with Dotd even if has met my 20% stop loss. Such a point is for reassessment and selling I find hard. CM Am still wth BOO but don't post there. Leave the ****ging off to others, however some posts are useful. Another site has 200 or more, only look at last few and again leave to others Regards and GLA. JJ
Nm
Have had this on a watchlist so long I've forgotten when I first placed it there. Good news is that on a long term view, looking back over the years - it's a bottom left to top right trajectory and the current malaise doesn't look anything much out of the ordinary to change that long term trajectory. However looking over the past few months only, it appears over enthusiastic buying took it to an unsustainable peak by the end of 2017 and this year it's caught in a bear grip - as a result of that over zealous confidence? The good news is, that so severe is the despondency that the selling has been overdone and although I see the SP dropping further from here (a visit into the 60's ??) at which point I expect it will likely recover IMO. But by how much and for how far that recovery does so, is the question :) So more pain to come but it is date-stamped in my view - and then a recovery from the malaise. Quick word on fundamentals: Finances look satisfactory to me. Analysts forecasts together with the company's, look bright with increasing revenue and increasing net profit, plotted in for the next year or two. What's not to like on that score? Again, an extremely long term holder would see nothing much wrong and would be quite relaxed looking back over the years. It's only those who may have bought in recent months, rather than recent years that will be feeling the pinch a bit. I fancy having a punt when the SP ceases retracing which I expect to be all over within a month at most, and then a rally of the SP can commence.
Down 20% so feeling a bit bitten - but having read your recent comments, maybe wait for the dip to complete and the surge for BTFD re-entrants... Not too heavily invested though, it was just a punt. My LTHs, doing well and seeing great potential (IMO), are ARC, G4M, ZOO and ZTF. GLA!