Member Info for BuyDownSellUp

Woodstock 1970 - tell her that the symbolism of the item is priceless!

"2 years ago this was 60 p"

I know... that's around the time I bought in. I'm not going to take all the blame, though a descending SP is a feature of many of my share picks.

I wonder if it will get back there?

Good question. Lots of surprises today, many big rises, so it looks like it is just a result of across the board confidence, rather than specifically this company.

I feel this! Just as I thought it couldn't possibly go any lower, I hold off for a few days just in case, to see if it levels out (having been burnt EVERY time before - on numerous shares), it holds at the lower level..... I buy in, then the very next day (minute in some circumstances), it drops to a new low. Ahhhhh. The sweet pain. Just so long as the up side comes big and swift.

Did I mistake that a dividend was due on 14th May? Nothing has gone through my account with the Halifax. If it was due to be paid, has anyone received it yet?

This share is so interesting, it's been a year since the last post.

They said that back in the 1980's when video recorders came out. They were wrong!

Upto a day later for ISAs

I'm with Halifax and divs normally go in on the same day, at between 12 and 1pm.

If you go, there will be trouble! If you stay, you might just double!

I would love that to fulfil its potential, however, I must caution that historically the Liberum targets have always been wildly over the top. I think I recall them having a link to SLP in some way. They frequently seem to be the only broker putting out targets on this share price.

What just happened? A big drop suddenly.

Fantastic results and what does the initial share price do? Descend....
It doesn't bother me, as I'm long-term, but I can't get my head around "Sell on news!"

Yes, the pattern has been for a while, a push up to 1400 mark, then a drop back to low 1000's. Each time it's pushed a little higher and each time it's fallen a bit less, usually 100 higher than the previous level. There seems to be good support around/above 1200 now and though the swings seem big, I've always held instead of try and trade. The general trend is very steadily upward over the years I've held this, bizarre, current circumstances aside, though I think the fact that Softcat has been little diminished by Covid makes it a 'relatively' safe bet. I'm not going to try and predict individual spikes, but could foresee/hope for 2000p by year end.

That's a good question Forzeb and has something to do with human psychology. Research earlier this year, published findings that explored the phenomenon that generally, humans have a bias toward remembering 'negative' situations, more strongly than 'positive' ones. Evolutionary theory suggests it is more beneficial to recall life threatening cues (i.e. negative) than positive. Basically, the research suggested that there is about a 4 to 1 relationship - that 4 positive occurrences are balanced out by 1 negative one. Hence, if we invest in 4 companies and 3 go up and one down, we will still imagine that we are losing out most of the time, even though it is actually not so. To have a positive view, we would need to have 5 companies go up, to every 1 that went down. (I hope that explanation makes sense?)

To overcome this bias, the researchers suggested that we 'keep score', by making a list of successes verses set-backs, in order to convince ourselves that things are generally more positive than we consider they are.

I often catch myself thinking the majority of shares I invest in, go down, however, my portfolio is in the positive, so common sense should tell me it is not so and I should be happier, (and actually, doom and gloom aside, I am). The 'stinkers' in there just hang-heavier in my mind, I suppose.

Happens to us all. I chose my username because if I sell it goes up and if I buy it goes down! I can hold a 'going nowhere share' for what seems like years, then, within two or three days of me getting rid of it..... BOOM! I'm going to hold this one a little bit longer, so watch for it taking a nose-dive in the near future!

Happens to us all. There's an initial sting of pain at the unjust fate of it, but you move on and gradually forget .... and at that moment, it probably happens all over again with another share! When I choose my username it was because, if I buy into a share it usually goes down and if I sell a share it usually goes up. Whilst that might be initially true, over time it (more often than not) has worked out that it rises. I'm learning (slowly), if I don't NEED to touch it, DON'T.
Best of 'Luck/Skill' (delete as appropriate).

Unbelievable.... yet another share climbs unexpectedly, shortly after I sell out. I really thought it had topped out at the offer price of 485 a few weeks ago. Sold for a decent profit and took it off my watch list, so I don't see the price and regret, but today it appeared in the top-risers and I had to check if it was the same company. A slap in the face from fate - but with profit I shouldn't grumble. Good luck to those who hold!