Member Info for Beachfeont

Seen this pattern many times last 3 years.
I buy in it goes into steady, heavy decline. Average down, heavier losses, it goes up for 3 months.... make a small profit, it continues to go up, so I buy back in, at higher than previous price,and.... steady decline pattern resumes for 3 months. I was a year in loss until last weeks all too brief profit. Truly painful

Been a very painful journey so far. Exacerbated over the last 3 days. I feel your pain, sure there are others similar here

Looks that way. I was up to 50% down,held for a year,finally made profit 2 weeks ago, all wiped out in 3 days. I fully understand my own frustration. Mike has gone quiet again!

Where's the most frequent poster disappeared to? Which cones first, 95p or 1.28?

I agree. Broader markets down,but signs of reversal, yet again

Wow! What just happened then, at 10.44?

Brace yourselves,I've just bought back in,so expect a heavy reversal. Always the way for me!

Any reason for 20% drop this week?

Well it shifted through 70's quick enough. Prob heading sub 50p rapidly for no apparent reason.

Low volume , high spread it can go constantly up for no reason, then suddenly swith. I've no udea what drives this

If a self proclaimed 'true investor' is holding for 10 years, adding at monthly buy levels, I'm bewildered as to why they feel the need to check the price every 10 seconds, and post about it. Truly baffled.

Summed up perfectly, very well put. Almost wine o clock here in the alps! Last time it got to 140 plus, it slid all the way back to 60's. No one has any real idea, particularly the Mikes, however much I wish their predictions would be true. Right direction for now, since October, but at what point, and for what reasons, could it reverse? Cheers!

Pious remarks on here about 'true investors' Trading/gambling what's the issue? Do what though wilt....

Already has done for me, despite being at a large loss for months!

I bailed all this week, mostly yesterday, bought back in 104, sold 107.6, good week all round. Locked in profit, thankfully after dreadful 8 months. Much more yo go I expect, want 103 oh to buy back in. Great result all who held their nerve better than I!

It was quite stressful being 50% down for so long, to make a profit and take a breather was a relief. Lots more upside to follow med to long term, but will try to buy back lower. A risk, but who knows?

Out for now, profit this morning, probably premature, will buy back in if it dips lower. GLA.

1 poster 32 posts already today, no wonder there's little info of any use on here. Littered with the same rhetoric repeatedly.

My sell hit at 100.6 late on, probably premature to reduce buit been in such a pile of it for so long, felt quite relieved. Every time I do sell any, it continues to shoot up, so GLA, healthy 23 ahead.

Same boat here, averaged down from 125, need 100.6 break even.tempted to reduce,having clawed back huge loss finally