Sold some SGC for a very small profit then went into GOG--currently at an average of 608p. I regret not buying some more NEX when it was below 120 so I'm taking advantage of this sub-600 price while it lasts. I'm nervous about the growing cases/lockdowns though...
All but one week since early June has been red and we're somehow far lower than we were in the initial crash... :/ This is tough to stomach, but I think I'll just keep holding for now and hope that there is some good news on the horizon. All eyes on a successful stage 3, I suppose.
Why do you anticipate a further 30%+ fall? Unless the fatality rate rises I don't think the public will be scared enough to stay indoors/reduce spending for months like they did in the first wave. Government approval is also sliding and they won't want to do anything too drastic IMO.
I've been tempted to buy some of this for a long time now but the massive rise since the crash really concerns me. I love their selection of productions and innovation, but if the price rise is due to increased online shopping then I expect behemoths like Amazon or Walmart to focus on this area as well. Any news from them could seriously dent OCDO's technological advantage in this area.
It's tough to look at my portfolio today... I don't know if I want to keep averaging down on bus stocks when I have been constantly losing money on them for several months. Has there been any serious suggestion that bus franchising will also end?