Member Info for CHEQUEMATE

You make some excellent points s1234. I agree. I will get back to you on them, too late now. Regards CM

You are right in what you post s1234. Been there with chopping and changing investments; I try to resist that even now. Just buy and hold?, hmm, yes on the whole I would agree unless things turn against the investment. Sometimes it may not be the fundamentals that change to kick any share though it can be macro elements, or sector worries. It takes guts to hold an investment when it starts falling back and I for one will only take so much of a loss before calling it a day. As far as what % of my portfolio do I want XLM to be?; I have never even thought about it. I don't think that way. For me it is more how much � do I want invested in any one investment and that will vary from one company to another. I try not to fund any new investment by selling another but by cash in my account. One of my big mistakes is looking at my portfolio overall and thinking that if a holding has fallen by 10% (for instance) then the fact another has risen by 10% is ok to keep hold of the falling one rather than looking at each individual holding. Too often that has been a mistake; they need to be treated individually. That would have saved me many �. Re my holding in XLM; I have decided to stay with what I have. I have enough invested here and don't want to put myself in a position where I feel uncomfortable. That will no doubt be far less invested than many others; but, hey, each to their own style. Just seen your 2nd post which is open on another window on my laptop. Understand and agree with it. Nothing more to add to that one apart from say I am not one of those micro/nanocap investors. Rivaldo - thanks for your earlier post - much appreciated. Good luck and regards CM

Good evening Neophy. Nobody knows which way a share price is going to go for sure, even after a lot of detailed research. We hopefully make the right call with the share price rising as DOTD duly did for me. I believe everyone should have an exit strategy for any investment, a price target for the upside (to be reviewed once it is hit) and a stop loss for the downside. Too many folk cut their profits and run their losses rather than the other way around. A small loss can quickly (or slowly) become a much larger loss. Better to bail out with a manageable loss with the possibility/desire to invest again once things/should things improve rather than sit watching the loss mount up. It's totally an individual decision of course what one does but I for one am no way going to take a large loss and will look to possibly re-invest in another company which appears to be in a better position. My error?.........overpaying for a fairly decent business?....yes, think you are probaby right. However, expensive shares can continue to get more expensive with a rising share price just as a cheap share can get even cheaper with a falling share price. That is why I never average down, only up. Sentiment has changed towards DOTD for the time being. There needs to be some sustained buying to improve the share price and I am not sure what will do that, unless there is a potential buyer in the background waiting to hoover up a lot of shares once it has fallen to a given level. The market makers will know this if the individual/institution has a buy order in and will try to get those shares for them at the given price by shaking the tree if only slightly. And of course a positive RNS would do nicely. Good luck with whatever you do Regards CM

Interesting, very interesting. Do I copy (not 33,000) and top up a wee bit a 181?. Hmm. CM

I have been feeling pretty pig sick over the weekend. I have been mulling over when best to sell. This of course has to be an individual decision. I don't like to wait until a share falls 20% but will weigh it up on each individual share. Some shares I would sell out of before 20% if I thought things had turned negative and there was little or no upside, or if that upside was going to take some time to come about. I would look to re-invest in a share with better prospects. I gave DOTD the benefit of the doubt. Whereas I MAY well have made a mistake in selling DOTD, the real mistake for ME, was not to sell earlier. Why?. Well, simply put 20% of �1000 is in monetary terms is a lot less than 20% of �3800 (what I had invested) and a lot less than 20% of �10,000. �200 doesn't take a lot to regain, �750? takes a lot longer, and of course �2000 possibly a considerable time. But all are still 20%. So, I have to do some major rethinking and set a � loss and not a % loss. The more I have invested, effectively the lower % of what I have invested before I sell. Big mistake for me, no excuses, I really should have known better. No sympathy wanted. The real time to sell is before I/we get that awful knott in our stomach and start sweating; we need to be at ease with our investments. That also means admitting that we may have made a mistake. NO ADVICE intended here for anyone, just me thinking out loud. It isn't unknown for me to sell out and see the investments rise again, sometimes it seems like fate or Sod's law. I went against my own judgement this time not selling earlier. I am not ruling out re-investing if I genuinely see things changing here but need to do far more indepth research on alternatives. I don't see anything fundamentally wrong with DOTD, sentiment needs to and may well change; what will change that I don't know...........maybe simply me selling out!!!. Good luck all Regards CM

Hi JJ. Thanks for your comments. It's always the selling which is the difficult part. The fear of the share price surely rising the moment we sell, the self denial that we have possibly made a mistake in buying in the first place, the not prepared to take a loss syndrome, it surely can't go any lower etc, etc. BUT, cutting our losses whilst they are relatively small rather than let them mount up and get even higher is all part of successful investing. I really should have sold earlier, the loss really has been much more than I should have taken and it will take time to recover those losses. Such is life. I will continue to look in JJ and may still post. My remaining holdings are GBG and XLM, so I can be seen posting on there from time to time. In the mean time I will check out other possible investments........may re invest here. Regards CM

So, guess you all owe me a pint!. There you go, CM sells out and share price goes up. Who of us hasn't experienced that?. Perhaps there was a buyer awaiting in the background for the price to hit a certain level; perhaps any shorters had decided the price had fallen enough and have bought back in, or perhaps this is a temporary relief rally. Who knows?. But, for all of us, or most of us, there has to be a time as I posted earlier when any loss is enough. I held this for longer than perhaps I should, selling at 80p for a 15% loss would have been more akin to what I would normally take. I will wait and see what happens from here and consider alternative investment opportunities. So far this year it has been pretty crap. Has my judgement left me or has it been just bad luck?. Hmm. Good luck to those of you left in. Regards CM

Well, when the selling price is showing above the buying price, I have found it is usually a sign that the selling price is about to drop further; that has been the case recently. Therefore, I HAVE sold out, regretably. That WILL probably be the sign for the share price to rise now, sods law!. Some we win, some we lose. Nothing fundamentally wrong with the company, but there has to become a time when enough is enough and 20% fall or loss is at the very top of what I am prepared to take. Will keep DOTD on my watchlist and won't rule out re-investing if things change. Drat and double drat Regards and good luck CM

This is down AGAIN this morning. At 20% down overall for me now, this is probably enough to take a loss and no more. There seems no let up in the falling trend. I can always buy back in if/when things recover. Market probably waiting for me to sell for it to recover. Hmm. Good luck Regards CM

Sorry to hear about your loss JJ. Often we can sell out too soon, other times not soon enough; it's not easy knowing which way to turn. I remember reading Jim Slaters' book, The Zulu Principle, which stated within that if we do find a really good share matching the strict criteria he would base an investment on, then we have to (try) stick with it through the thin times as well as the thick times. Hmm, easier said than done. It seems that when a share falls by as much as DOTD has over the last couple of weeks, that we have to see the share price level out and stabilize for a while, forming a base, from which it can move forward again. This can take days, weeks but if the company is strong then it should recover. I have the same problem with XLM, which seems to have taken a similar line to DOTD after its' latest results. Nothing to be too concerned about there it would appear, but the market is very fickle at present and will punish any company should their results not show better than expected results or only meeting market expectation. All very disappointing. Has it always been like this?. Anyway, at least today has been stable; so maybe, just maybe this could be a platform to build on; fingers, toes, eyes and everything else crossed. GLA Regards CM

Thanks for the post rivaldo. Regardless of what IC and Berenberg state, the share price has fallen again today. 2 out of my 3 holding have produced decent results over the last 2 weeks yet both have been and continue to be hit. Makes little sense. Trying to sit this poor spell out on the basis I have sold out of decent shares previously only to see their share price recover. Hoping this will be the same here, but like all of us, the sooner the better, please. CM

Post-period end highlights � Raised an additional $43.6 million of cash to further accelerate acquisition strategy � Acquired a number of leading Finnish gambling related informational websites from Good Game Ltd for a total consideration of up to �15 million � Acquired three personal finance websites based in the US for a total consideration of $5.15 million. Wonder why an RNS was not issued regarding the above 3 personal finance website acquisitions?. I have watched the podcast. It was a little bit too quick for me to follow; perhaps I need to watch it a 2nd time and keep pausing it. Lets hope for a better day tomorrow.............all round. Regards CM

Buys showing as sells. Anything closer to 78 is a buy. True spread is 77-78 at present. Remember what is shown is best guess by computer and isn't necessarily correct. Staying put at present but another day when it seems we are the statue rather than the pigeon!. GLA CM

Nothing surprises me anymore regarding the market. Despite good results there was no mention of the results being in line with or ahead of market expectations which won't have helped. Nothing much mentioned in outlook either for future guidance. There could have been a more positive slant. I will need to have a more serious look at the rns when I get home from work this evening. Not too surprised at there being a fall, just the degree of it. Thought the same a couple of weeks ago with another holding DOTD. Market unforgiving at present. Who said investing was easy?. Gla CM

It would be nice to see this back in the 80s come next weekend...........wonder what the chances are?. Truly hope this next week will be positive. I have read, re-read and re-read again the last interim results. The retrace does seem over done. I would normally have sold out and taken my loss by now, around 18%, but hanging on in there having seen similar falls on previous holdings for no clear reasons and having seen them recover. I could easily give up with the markets; if I did think I had an understanding I'm far from sure I have any longer. Nice to hear from you Velo, different board that it is from previous boards. Tend to agree with your post; could be longer term to make gains here. Regards and gla CM

due 13 March. Just hope it makes up for the hit I'm taking elsewhere at present (DOTD). Should have put the extra into here. Regards and dood luck CM

Just for interest: https://www.stockopedia.com/content/small-cap-value-report-tue-27-feb-2018-jsg-swl-dotd-ige-tide-330708/ hope link works I would be interested in others comments outside JJ and me. regards CM

Hmm, what to say about today?, best forgotten?, which it hadn't happened?, tomorrow will be better?. Really don't know. There was a trade of 100,000 shares at 79p later on, which I would hazard a guess would have been a buy. Maybe folks have been selling out having bought in at a lower price time ago and whilst they have a profit; maybe some stop losses have been hit. Sorry to hear all your shares are down JJ. I too am struggling at present, particularly with DOTD. My other 2 holdings are holding up, well, of a kind. GBG I have held for some time, off and on. Indeed had I held from day1 it would have been far better than selling, buying, selling, buying etc. There has been times when it has been hit badly, down 30% over a matter of a week or two for instance but has recovered on each occasion. On that basis, I am hoping the same will be here with DOTD, but it is testing my patience between holding long term and cutting my losses, which are growing. Perhaps it has been over valued when in the 90s. Perhaps at this lower price there will be more interest. Perhaps there is not enough liquidity. JJ, I took the liberty to see what other boards you have posted on. Of late, I notice you have posted on Lighthouse. That seems an interesting one. It would have been far more pofitable had I invested there than here. Also I see a poster called Pingpong1 has posted on there. PP is a good guy; we have had personal contact on other boards and have met in person. Worth considering any view he puts over. Given up posting on the BOO board. I am no longer invested there and it seems it has been taken over by the likes of Jambon who I really can't be bothered arguing with. Waste of time. Not fully over the flu, or whatever it is. See the doc tomorrow. I haven't come up with any useful pointers I am afraid. Going through a phase of thinking whatever I do is wrong, but guess we have all been there. Wishng you well JJ. Seems to have gone quiet on this board other than you and me. CM

I would suggest that the trade at 14.50 at 85p, over 200,000 shares was a buy. I played around with some theoretical trades earlier and was offered 85p to buy and 84.33p to sell. It wasn't my intention to make a trade. I'm not sure what is going to drive the share price North at present, seems like sentiment is against us for the time being. This can change of course, but I feel there needs to be a catalyst to move things forward and we have just had a trading update. I expect we all go through frustrating times when new holdings fall in price whereas holdings we have just sold out of rise in price.......so it is for me. It has happened previously. Sometimes the best thing to do when we sell out of a holding is to forget about it and try to avoid the temptation to have a peek. Come on DOTD, give us a break. Regards and good luck CM

PCF mentioned on stockopedia today. Hope link workds: https://www.stockopedia.com/content/small-cap-value-report-fri-2-mar-2018-snow-rbg-g4m-pcf-ihp-hvn-332368/ PCF has been on a watchlist of mine for a long time. Still haven't taken a holding in it...yet. As far as todays share price move (or lack of it), is much down to the general market being concerned there may be a trade war between the USA, Europe and China after Trumty Dumpty announcement yesterday. Many shares are down, some by a lot, so any positivity should be viewed as good. As FR has posted; patience is key. Regards and good luck CM