Member Info for bobbins2

I did, but all I found was 3/4 of a digestive, 1/2 of a rich tea, and 18pence. Sad really. I'm thinking of starting one of those crowdfunding/"just give" wotsits, where gullible strangers donate money to any Tom, Dick, or Harry with a sob story. Beats the s**t out of working for a living.

cw1966 - at this price, I honestly don't think you can go far wrong. As you say, even if there is no major gain soon ,you might well make a quick 10%, which is nice, or if you are happy to wait, you may well make more. Win/win. Always an element of risk, of course - but at this price, well worth taking. Unfortunately, got no spare cash myself. Well, there's about £200 in my wallet, but that's not really going to cut it.

"It's always darkest just before dawn".
Unfortunately, this particular dawn always seems to be just over the horizon.

FTSE up 2.5%, and we manage 0.6%. ffs. I mean FFS! As someone pointed out earlier, when it (the FTSE) drops, we will no doubt cop all of it. Pathetic.
jtan - "Hoping for a better week next week". That could easily be my obituary - would you please make sure that this is chiselled onto my headstone, just below the "Worlds greatest lover" part. Thanks.

True dat. You may do even better if you wait a while longer. Then again, maybe not.
"It's all in the game, yo!".

mararab - yes, in theory, all 3 of those look like bargains just now. Unfortunately for me, those are 3 of my biggest holdings. If I was buying them at todays prices, I would feel pretty confident. Unfortunately, I'm sat on a big fat loss, with no spare cash to average down.
Mea culpa.

Bonkers - yes. Watching the price here on an inexorable downward spiral is excruciating. So I am going to turn off the laptop, and find something less painful to do. Like use an industrial sander on my scrotum.

Hard to know where to begin with the downward pressures not just here, but in the wider market. We hadn't even begun to really deal with the long-term economic repercussions of Covid lockdowns when Putin made his move, which accelerated problems with the oil price, inflation, supply chains, cost of living crisis etc.
But it's not like there weren't already longer term, deep-rooted issues. We're still dealing with the fallout from the financial crash, and if you spend 15 years with rock bottom interest rates, while printing squillions of dollars, there are consequences. The whole world, both governments and individuals, have become addicted to debt, and that can't last forever -there has to be a day of reckoning. The whole thing is a bubble/Ponzi scheme if you ask me. The UK housing market is a great example.
Coming back to more recently, obviously Covid and the Ukraine crisis have both had huge impacts, plus you now have the Chinese lockdowns, the operational problems the airlines are having (although that should be short-term) etc. etc. And I haven't even mentioned Brexit or climate change yet.
Some of these things are events beyond anyone's control. but some of them are the result of governmental sloppiness/ incompetence (not just in this country) over the years, failing to tackle problems, and always kicking the can down the street, whether that's debt, defence, or many other issues. The countries best placed to survive the shocks that inevitably come along are those that have avoided some of these pitfalls. Norway springs to mind.
fordm mentioned yesterday about recession/depression. I think that the first of these is guaranteed, the second a distinct possibility, although I desperately hope I am wrong.
Anyway, while I have been typing, I see that the price here has shot up to the dizzy heights of £1.24, so perhaps it will all turn out for the best. Let's hope so.

Jtan - "I'm already recessed". LOL
Woody - know the feeling - had SLN at just over a quid - sold them at tiny profit - now about £13. F**k.
PottyTime - hope you are recovering from the Chinese plague. You might want to keep an eye on your diet while you are recovering. Marmite with after-eight mints and Tizer will not aide your recovery.
fordm - hope the depressed share price here does not affect the ongoing work to your swimming pool/ koi pond.
Let's hope for better things here in the long term for all genuine investors.
Thank you. It's goodnight from him, and goodnight from me.

I'm already depressed.

Tell me about it - I gave up on AIM a while back, after getting burned. Thought IAG, and one or two others, would be a reasonably safe, if conservative bet , with a decent dividend. That was just before Covid. FFS.
A lot of FTSE shares over the last couple of years have been just as volatile as AIM shares are.

Woody - that's fair enough - trouble is, every time we clear one hurdle, the next one pops up into view.

"Can't go much lower, can it?". I wouldn't have thought so, but I felt the same at about £1.37. That said, if I had some spare cash ( I don't ), I would definitely be tempted.

I look at a couple of the shares that I own today, and think - excellent, up by 2.5% (here) or 3% (Rolls). Then I look at the price - $1.26 / 80p and compare that to where we were just a few weeks back, and the depressing reality sinks in, and has you reaching for the razor blades -and I don't mean to have a shave.
PS - not at that point yet - settled for reaching for the vodka for now. Although I do actually need a shave.

I'm not selling at this price, but could probably still do with having my head examined by a specialist.
Very disappointing that we don't even appear to be able to hold on to £1.26/£1.27.

I think/hope that he - sorry, they (don't want to upset the trans lobby) - meant to say £1.50.

195p target - that's a 50% uplift from here. That would do me, and I would imagine most people here, very nicely indeed.

Just clearing out some of my old share-dealing paperwork - July 2019 - IAG dividend £599 / Nov 2019 - IAG dividend £603.
And here we are. Very depressing.

Emerald - glad you are back - just to clear up my "clairvoyant" comment the other day. It was in no way directed towards you - you are a fairly regular contributor here, and obviously a genuine investor. It's just that on that particular day, there were a couple of posts from people who had never appeared on this board before, claiming to have loaded up at £1.26 - a price that was available for only the briefest time - seemed a little suspicious. I seem to recall that you managed to get in around the mid 130's, which is an excellent entry point - you should do nicely out of that. Good luck.

At the risk of exposing myself to ridicule for naivety, I can't help wondering how low certain share prices can go before they become targets for takeover bids - not just here, but with quite a few other companies - Rolls Royce, easyJet etc.