Leeds&Bradford, my reply 24 Mar 2015 20:14
Thanks for asking L&B
iTS a long story, last sept. decided on a change of tactics, buy into a good company with prospects of a recovery
yes STAN was the man, only problem was did not have the experience to see i was on a slippery slope ,down went the price 12.00 to 11.98 bought some more, 9.82 bought some more,9.35 bought some more,9.38 bought some more,
sold all 6557 of them for 10.40 and bought back in the next day at 10.24, 9.93 bought some more
its been a trying time trying to break even, and i promised myself if ever the b/e was reached i would call it a day
for the only reason i had to much money invested in one stock, holding 6768 shares, so after the latest jump on 18th of this month i thought i caught it at the top and sold out at 10.28 don't laugh i had no idea the share price would go as high as it did, so there you have it . shaken at times being as much as 20g down. with my dividend
i mite be up about £1000 , so what have i learnt, 1. don't stick all your eggs in one basket.2. lots of research before buying,3. think hard before pressing the sell/buy button .
my new plan is , hold my money in cash and weight for the next big drop. could be a correction/sell off or even a
crash which has been suggested as could happen at any time , being things are getting over priced,
so i am making a list of what to buy, and updating it weekly,
i still think STAN is a good long term buy, but the price mite retreat to below 10.00 in the next few months.
this is only my, no always right opinion. good luck all.