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You should stick to Telegram where somebody is trying to take over your user name LOL.
Couldn’t make it up. Two Tomski’s arguing amongst themselves
MOEX isn't relevent to GDP..rubel is worth 3 times what is was 4 months ago
instead of the same drivel from the same tedious posters...
Moex POGR is still ~3.45 which is still about 5.5p. Just had a quick (admittedly lazy) google but wasn't clear - can domestics buy AND sell on Moex now ?
Email
You are welcome. By the way, in the past month:
Rolls is down 4%
Alibaba is up 22%
Professor1; Tomski7;
Thanks for your tips!... Very interesting
Can’t afford soup Tomski, bread and water for now son champagne comes later, pop
RR mate, already up 7% in a week...that's made most on here not happy..you've lost your money with this pig share..some of us know and others are just carpet baggers..share price here is trading at 1p and I said that a long time ago...where is the 7,8,9p brigade...crying in their soup.
Honest advice.. grow up and stopping moaning
email
If you are looking for a 'Value' stock then I would say Alibaba. I believe it has the potential you are talking about. I put equal amounts in here and in Alibaba - the latter is so far up 20%.
Hi CTC1988 - - -
Yes, thanks, that's exactly the type of practical action I am seriously looking for... I do like risk - but just in more diversified stocks and not all in one stock. Now, I only need to find a stock or two with a potential uprise of 40-50%... which I can run together with POG - - any tips warmly welcome!
Furion,
Thanks for your reply. I do entirely agree with you... It's just that for the first time I find with 50% of my whole portfolio in a single stock and I hope never again, no matter how good the stock. I just too much at stake - so I fully sympathise with our colleague Nathan90 in a similar situation
If you were to offload 40% you will have crystallised the loss,
Look POG is mining producing and selling gold it’s a fully functional company making money only issue is the sanctions once lifted in theory should start to normalise when you break even then dump the 40% ASAP and as I have learned with GDR think lesson learnt for future
The only reason I would sell is if I needed the funds urgently or I believed like with GDR missed the boat with covid and I won’t get above water any time soon.
It’s a learning curve and like many still are learning
And yes this particular stock is really testing as you not only have the derampers scaremongering the co is also for what ever reason
GLA
CWWX
"I dont understand the question of how you can do it without incurring that loss?".... That's why it's a problem!!.....
Thanks for your kind reply
I’m in a similar savage situation, 80% in pog and 20% in evraz, some I’m heavy in here hoping for an upturn
@email
The only way to cut your holding from 50% to 10% is to sell the other 40%. If you do that you realise the loss.
I dont understand the question of how you can do it without incurring that loss?
I would recomend holding tight and waiting for some good news to come our way. Once the price is higher dump some and dont make the same mistake......
I mean, I know I could just just sell 40% and keep my original 10%.... But such an easy solution does not solve why main problem which is cutting 40% of the holding - WITHOUT a 50% loss on it. Of course I would not mind a reasonable loss - of 10-20%
Thanks to all the repliers... Very instructive to know how other LT investors would potentially deal with a situation like mine... My original intent was long term, and I would have no problems now if I had something like 10% of my portfolio - but I have made the HUGE mistake is to pour into 50% of my portfolio into POG - so really the problem is how should I go about cutting this down to about 10%
Pay no attention to the day traders who have taken over this BB? Stick with your investment strategy and appreciate macro market conditions have driven nearly all sectors down?
agree Furion. I bought in at 1.62. I knew what the risks were when buying in. People always make huge amounts of cash from wars - this will be one of many stories from the Amerikraine / Russia war will bear fruit. Stay positive all, it will be phoenix time soon
52% down 10% portfolio,
Holding as confident company is running and selling just ignore the noise for me let the geo pol settle down SP will start to return to normal imo
Personally have bottom drawer it and let it run.
Good luck which ever way you go mate
GLA genuine holders
Will you feel worse when your 75% down...just saying
ToTheMoon1; Jayzaround;
Thanks, very grateful for your insights
Sell in drips and drabs to average out your loss.
Unless riding out a general market downturn with index funds. For individual stocks, I would *always* have a *trailing* stop loss of 10-20% on any stock and never have a stock more than 3% of total portfolio.
---- PLEASE....
what would you do right now and why if you yourself were 50% down in POG, and it being 50% of your portfolio total? ... this is my present situation