Friendly advice to itrader19 Mar 2021 11:54
Itrader please let me give you advice and reason why you frustrate people here.
Firstly like many others here I am a LTH , the reason for this is I believe if I put x amount of money to this share, in a number of days months years I believe I will walk away with more money then I put into it, so like others I have a clear STRATEGY on my end game.
Others believe different to me , and believe it they short this stock eventually it will go down and they can then sell thier share at a lower price and make a profit. This is thier strategy and thier money and if that's what they believe in then fair play , best of luck to them who am I to argue.
If I'm honest before covid I prob wouldn't of touched this stock , but we are NOT before covid and this stock has been hit so heavy many believe that this has a lot of recovery left in this. Myself included , why because we have been starved of luxury we took for granted like cinema restaurants shopping and a simple coffee with friends and family, we won't all be waiting for this to hit £10 , we will all be long gone , but its worth more when open and money coming in then when its shut and the s.p will reflect this im time.
What frustrates people in my opinion is people like yourself that play not only different strategy but try and justify this and question others beliefs , for example you will play this stock down when you short it by for instance question the decline before covid, and and play it up when you go long on it saying its got loads in it and your here to make loads of money.
Doing this leads to less credibility, and makes your posts for me unreadable. A example of this is you can read charts and analysis and sold to short, please tell me in the last 3 months where the charts suggest a strong decline, a few months ago I would agree it was a short and day traders market , but you only have to look at the amount of RNS in this stock now to see even the major hedge funds are not only staying away from this and moving elsewhere but they are acctually reducing thier positions , surely an analysis you would of seen.
I try to be honest in my posts , over time I believe I will do well, will the share still be worth the same next week or the week after I don't know I would never advice or suggest otherwise , I have said many times stocks don't just go up in a straight line , and none of us saw the November decline but my strategy like others remains the same and e are committed to it, I suggest you do the same
As I said I don't judge people for being long term or short , each to thier own , people have made good money on this shorting it a while back and I am 116% up with my long term game. Just try and find a strategy that suits you or believe me you will end up just being another depressed stressed union Pacific.
All the best and again my opinion only