RE: Bulls v Bears15 Feb 2018 00:10
TheTraveller, and now as for PFG you will need a strategy, in my opinion.
No advice menat of course.
1) What did you friends/your wife said when during Christmas your loss went from -25k back to zero? After holding for so many weeks beforehand, why not balance the portfolio again and decide for a new entry later? With maybe a smaller stake?
2) When buying a huge stake, why not hedge my shares with a put option? In case there is a 10% or 20% drop, the put option will quickly earn several thousands in gain.
3) Did you observe those many rallies PFG has seen, from 790 -> 890p and so on? Why think about the past? Why not forget the past, leave the old stake where it is, and simply come in with fresh 10k Pounds when it was 800p and the mentioned sure thing rally started? We have seen many many 90-100p swings at the end of 2017. Those are very decent gains to cover former losses.
4) What will I do if PFG keeps seen these lovely days of rising prior news? Can I not participate in a rise like todays 8% in one day? Thats a very large gain for some PIs. All it takes is a clear mind and active participation. Not inactivity and lethargy.
5) What will I do if PFG rises prior RNS to as high as 750p, pumped by company insiders, but on the day of the release they crash down to 650 and even 600p again? Is it necessary to stay on such a rollercoaster? Am I 25 years old, or 55 years old...?
6) What will I do after PFG has breached the stoploss I have set in my mind (through clever money management)? Because I never risk my entire capital, I have a decent stoploss or do I simply star into the abyss (or the bottom of the bottle) in hope I will see bottom?
7) Is it not better for me to accept a ridiculous 500 Pound loss from an automated sell/stoploss, than to accept "no loss whatsoever" and keep looking at a falling share price, because my way must be right? Do I believe that somehow, someday it will come good? Because it must come good?
8) What will I do if company insiders stop supporting PFG and let it fall back to Sep. 2017 low around 589p? Can I survive such a further ride? Is it because of the broker fee that I refrain from selling and buying back in...? Do I prefer to safe those 50 Pounds extra fees..?
9) What will I do if company insiders let this go down to some of the shorters target, who expect 485p? What will I do then? Could it be that they let PFG drift to 2017 lows around 425p? ANd when all PIs have been shaken out (myself included) they will buy up the entire company and squeeze out the last stubborn holders with an 1000-1200p offer? Of course we wont be around participate, because none of us could survive a crash to 400ish.
Yupp, we living in a capitalist world:))
10) Can I also top-slice my losses? I would not need to take all the loss, and could stay invested with a core holding of only 20-25% of my former stake? Some small amount that I do not bother about during the next two years?
Always good to as