WPP Share Price (WPP)

fatprofits,

hi there....yes...need to tread very careful at the moment..agreed ..I am too..definitely not letting FOMO affect me on rises in a bear market ...

" I heard people saying "

what we hear depends largely on what we read ....and we can read arguments both for Bear view and Bull view

The Bears want everyone to be scared and not brave ...the fewer buyers there are, the less sellers will get for their shares when they capitulate on all the fears ...that is how the bears operate

Bears sell small number of shares on down days to get a 2-3-4+% drop - which can hit the paper losses of bigger holders hard and weaken them more of course

Back on the agenda is some talk of another 0.75% FED rise in July - all talk and speculation of course

Joe, I rate the CEO here fwiw, he got the company by
the scruff of the neck following MS's departure,
driving through efficiencies and synergies.

That being said, he can't walk in water and advertising is
cyclical.

The wider UKX could easily fall another 10 Plus,
so expect lots of stocks to be available lower down.

My current strategy is to buy small amounts of what I like
on down days, rather than attempting to time large buys
near a bear market trough. which unfortunately I'am not able to do.

Good fortune.

Yeah I'm probably miles out. I heard people saying there's probably another year of this bear market to go and at least another 30% drop in markets to go, so yeah lots of opportunities. Though not sure about an advertising company in these climates. I got it in my head mines (gold/lithium/silver/copper) are the future and energy companies, so moved my money out of here a few days ago.

Bloody hope not Joe as I added today!.

I can't in all honesty click a Buy as markets are just
too volatile and we are in all likelihood now in a bear market -
MCX already there and pretty sure the UKX will follow.

In terms of under £4 a share, something quite cataclysmic would
need to occur, their 40% remaining share in Kantar is conservatively
worth £3 BN plus alone (although never say never etc!) - all in my view I should stress.

I'm 53% invested atm and don't feel brave enough to go much above that atm,
so hopefully opportunities over the next few months.

Recession looks pretty much nailed on now, what a change
in 6 months.