RE: Know when to fold them12 Feb 2023 04:08
“rightly or wrongly I bought back in, bringing my average down from 75 to 74! Yay”
Not alone, unfortunately!
Disgusting behaviour, IMO….
I’m no expert, just my honest views. What Locky, and others do, is the current “short mindset” in the Uk stock market. The sniff of any bad news is a “big short” time, for many, including bigger investors. They sell out the second they hear any bad news, then publicly deramp as much as they possibly can, then during the inevitable SP downtrend, they buy back in.
This is the reason I sold on Friday.
I hate the system.
Not for me!