Member Info for Beachfeont

I struggle to believe the optimism on here, even 18 seems a way off now. Extended misery, once again, even when Adolfo joins, it will take 9-12 months to see any benefit, if there will be any.

I really wouldn't bother. I averaged down at 17.62 yesterday, compounding my paper losses even heavier today. I never learn with Cpi, and can't wait for the day to get out and stay out.

I can categorically state that the reason for today's reversal, is that I placed a buy at 17.62, when it was heading North nicely. It swiftly reversed, took my bid and has continued down immediately since.

Just when I thought it was safe, after months of inactivity, got it wrong yet again

It's currently worth 16.5p

50p £1 and all that, even 19p seems a stretch currently. I can't wait to get out

After such a relentless, unpleasant, frustrating hammering, for kittle obvious reason, could we hope for a steady, medium term reversal?! May need a few more days to feel safe to average down yet again, but encouraging at least for now

Under 17 as we speak

Looks like a different daily pattern is emerging, at long last. Spike up, back down, then healthy finish. RR had a similar lengthy decline, followed by this type of activity that took it from 63p to 230 in less than a year. Fingers crossed we continue momentum here

And I might add, 5p is a while lot closer than 50. A complete shambles

5p is just as feasible as 50. I'm invested here sadly, but there is no suggestion it is likely to stop dropping any time soon. Look at the trend since 3rd August, even with little news good or bad.

Red again already, every single day since start August

Same pattern every day- opens higher, finishes red!

Why on earth would JL consider buying with himself at the helm? I'm sick of this ever downward, bottomless descent

Tomorrow, god knows what level next week. Usually, some bad press (moths ago now), and disappointing TU, cause a brief loss. This is relentless, since start Aug

@Nic62, there is no indication this is anywhere near the bottom. It may be, but many bought in low 20's thinking the same. There was a brief blue spike earlier, then followed by business as usual. Currently at 16.31 and dropping. I'mnot convinced this will turn round, and will reduce next few days again, to mitigate bigger losses

It was yesterday morning. May sell a few more, buy back on the way up, if, by some miracle, that ever happens!

I used to day trade lloyds years ago @ £7-£8. Now they're 42p and will never be anywhere near back to £7 in our lifetimes. At 16.7p, this could still lose a further 90% or worse, same as any stock. Maybe it will turn round some time, but recent signs, no bounce, flogging off divisions, inept leadership and a constant 1.5-2.5 % daily drop, why is anyone confident of a reversal or re rate, seriously...?

I know, but at least if it does storm forward, I've 80% of my holding left. I'm not convinced it's near the bottom, and don't have the confidence to average down again just yet

I just reduced and took a hit, to avoid further short term increased losses

Even when JL finally does one, and Adolf comes in, it will take a year to see the effect of any changes good or bad. Meantime, this constant daily drop is ever more painful. Regardless of traders retuning, wider market positivity, this still goes 1 way only