I've read reports in media that Next have taken "difficult decision" to close their website due to COVID-9 shutdown. Surely, online customers are the most accessible target given recent events??
Yes I tip my hit to FK as-well, after heeding his caution I sold my holding last year at around 2 pence for a loss, no pleasant but glad I did so in retrospect.
As always, GLA to those still holding in these difficult times.
I appreciate you taking the time to post Proselenes. "Live" trade steaming isn't quite as insightful as I thought then in times of volatility / high volumes... Will certainly be keeping that in mind from now on - thanks very much for explaining.
I made a lot of naive mistakes during my first year of investment resulting in considerable losses, most of which I made back during 2019 through careful choices (JOG being one of them) alongside some fruitful short terms trades. Things were good until I was badly hit recently when the restructuring news landed at TCG and am still 25% down overall.
As of today I sit looking at an empty PF and had planned to give myself a break for a short while. However with so much potential upside at JOG in the medium-long term I am tempted to re-invest my remaining ISA balance here rather than leave it sit unused.
It's a considerable amount for me as a small PI, hence my apprehension yesterday to reinvest during the (retrospectively mini) sell off. Further director dealings yesterday strongly indicate that more good things are yet to come.
I'll admit that for a short while it looked like AO had a point, shares were readily available my end to buy for <160p when I checked. Looking at live trades it appeared superficially to suggest the start of a sell off.
Can someone smarter than I explain how buys / sells are be misrepresented on the share trades page? I'd genuinely like to know if there is a way to spot signs of manipulation as until now I believed these were genuine indicators. The summary for today says 3m sells vs 1m buys which obviously isn't the case given the strong blue finish.
I am not surprised to see AO's messages have disappeared, deservedly so as clearly he had/has an agenda of some kind given the sheer amount he posted.
I would like to make clear that I am genuine poster with no ulterior motive... I am in no means associated with this person as some here must think, given that my two posts have been removed as well - by no means was any offense intended.
On a more positive note it's good to see share price is back up - I was genuinely concerned earlier given the sharp drop but please don't consider me some kind of "deramper" in future... In retrospect I should of bought this morning, but hindsight is a wonderful thing as they say.
Still watching with interest, GLA.
With no news today and I've taken out the additional funds I invested Friday, with surprisingly little loss thanks to a well timed buy (£60 after fees). I've been following trades closely since 8am and it's too much capital for me to risk - tripling my original stake was irresponsible in retrospect given the current climate.
Small PIs appear to be exiting in droves.... I will sit on my original stake for now which currently sits at 50% down.
I don't think things are as bad as the doom mongers make out otherwise we'd have seen <4 pence by now or suspension.
GLASH
7.30, perhaps?
Thanks for posting Mike - excellent news!
My avg was 11p but yesterday I tripled my holding to bring cost per share down to 5.71p. A huge risk but like you am hoping for a mini bounce to exit with minimal losses.
This week has been turbulent, but support at 4.5 - 5.5 has remained strong. Best of luck to you kiwikev and all others holding out for the time being.
Sorry for your loss Ammers - I've been watching that one from the side lines and almost bought this morning amidst the post RNS excitement.
I've learnt the hard way that FOMO impulses rarely work out... The trading patterns on AIM defy common sense more often than not IME.
Can't sell or buy on halifax
Same here, I profited a couple of times between 11-17 pence and threw my hat back in for a 3rd time at 15p. I avg'd down on Wednesday's slump and was back to green the next day... I briefly considered selling half at 13p, but decided to wait out until nearer the results announcement next week. Obviously regretting that now but hindsight is wonderful thing!
Seeing the drop on opening bell was a genuine WTF moment after the optimistic finish on Thursday. I hope we are near the bottom price but we'll see how the market reacts on Monday. It's a hold for me either way, with further capital put aside - it will take my investment way beyond my comfort level, but will allow me to de-risk early should things start to turn around.
Personal predicament aside I really feel for those are still holding prior to the first big drop in May.... It's hard however to disagree with the overall sentiment at the moment and yesterday's reaction, the risk is now far greater and there's a very realistic possibility losing more - as the video says, it's very early days for the transitional period right now and that uncertainty isn't going to disappear any time soon.
Good luck everyone with whatever decision you choose to make.
Thanks for sharing the link Trufflepig.
I am nearing my 2nd year of investing and yesterday was certainly the toughest so far, losses like this are not good for the stomach or sleep! Listening to Peter and Sten's conversation their rationale appears sound... Clearly they are prioritising the smooth running of the business above shareholder value for now in order to maintain "business as usual" for suppliers / customers etc...
TCG is my biggest holding but I haven't invested what I can't afford to lose ultimately.... I am preparing to hold through this disruptive period in the hope that things eventually come right.
To my knowledge DIS has yet to hit 4 pence but it came close a couple of years ago... I am optimistic we will see 2 pence return by Christmas at the very least.
As you say it's a matter of sitting and waiting for now.
Agreed Tony.
I sold the remainder of my holding mid last year, back in recently and again with today's drop. Plenty of potential at <1.5p IMO.
Not much of a spirit drinker but I know a few friends who really rate red leg. I'm more of an ale man but it does go very well with Fentiman's cola.
It's not much, but 16.3k buys vs 1.3k sells is the best we've seen all week. As for my small investment, I remain cautiously optimistic for now.
Nice to see some confident buys today.
GLA
No issues buying via halifax just now... I have tripled my holding since the big drop last month, happy to continue buying at current levels.