Member Info for BuyDownSellUp

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JoeNinety - And not all of his do either!

I'm hoping for a £5 close.

How well I know that feeling. It's as if all shares just wait for me to buy in, before sinking further down.... just to show me I didn't get the best price. I try to look on the good side, the small drop will hopefully be outweighed by the future large gain and the I will forget the current pain.

Makes about as much sense as ,"Buy low, sell high." Can't be controlled and only seems obvious in hindsight.

Yes, I hope so. In search of positive news, I went back to the RNS for last month and the trading figures - steady percentage increases looked good.

Cheeky drop for stop losses.

It's up and down, but settled near where it was. Would have been happy with 218 to sell, but just have to wait longer.

I'm the same. Thought it had dropped all it could yesterday, so bought a top up at 6.10. And guess what.... with my usual luck, it drops further today!

This was one of my first punts aswell, unfortunately three years ago, when the price was over 6,000. So it has a long way to go yet.

I always worry when Motley Fool recommends something.

Decided to average down, at close of play today, based on the theory that it 'surely' will start an upward trend from next week. Would have done this last week and am now glad I dithered too much. Knowing my form, this will lose more ground, now I've bought in.

"What happened?" A very good question. This has been free-falling since the last results were published, weeks back. Strangely, the results were positive.

Quite agree. Wombles are lovely, fluffy creatures, that would do no harm to anyone.

Quite right DD77 ,my mistake, (apologies). I think I got mixed up with the speculation at the time that once Shell withdrew, so would the other major backer. Lots of doomsayers came out, for something that never happened.

Good to see another major airline (ANA) in the consortium, though interesting that it's not JAL, since the commercial test flight was on that airline.

An interesting and sudden rise..... anyone know why?

I agree Jamesp21, one of the best bits of advice I ever got from a BB, was don't do anything in the first hour. After 9am you have a better idea. It is difficult to follow sometimes, as the whole day's uplift can take place in that hour. However, I'd have been burnt more times than I'd have gained from it, had I not learnt to sit tight.

I'm as surprised as you. A little tick up has happened, but as I read the RNS I was expecting a bigger SP lift. I wonder if VLS just fell off the radar for a lot of people, when the Shell/BA withdrawl happened. The last time this really raised was when VLS got a tacit government mention.

Here's hoping that when people open their inboxes later and read/think through this, it will drift up in the right direction. If nothing else, I for one have a lot more confidence now.

Uh oh. That's generally the kiss of death to a share, when Motley Fool recommends it.

I'd agree Ross, about not averaging down at the moment. With a small top up it won't greatly affect your average share price, purely going by the figures you quoted it might bring the £1.18 down to about £1.13, which isn't a significant gain to gamble on, while we don't know what is going to happen to the trend. Lots of shares at the moment, (and especially mining companies), seem to be on a slow downward slide. Wait until there is a more solid turn around from the market in general. A loss is only a paper loss, meaning you only loose out if you sell while you are underwater. If you don't need the cash at the moment, there is no harm in just holding. I would certainly recommend that you use the interim waiting time to think carefully about a greater diversification of shares in the future. All the best.