RE: Red Braces Brigade16 Mar 2021 17:04
Strange how AZN had good day with all this negative coverage - typical stockmarket reaction eh.
S - Very brave going back into PFC so early. I missed my escape yesterday so took bigger hit this morning. My fear is the contagion of the tender ban. I suspect we have more downside before bounce back, and am keeping my funds available, as lucky got 1/3 out @ 133.4 before the more painful hit with 2/3 @ 101.8. Might employ a bit of T's tactics and use same proceeds to buy more shares.
Cheers all
Also thinking that big oilers are steadying up, decided on another top up for RDSB to reduce my average cost from 2371p to 1973p, not that I expect a full recovery, but hope to trade in and out to cut overall loss.
dispappointed by PLUS today. Typical that I got in at top of the days bounce, but do not understand the incredibly low P/E, which is lower than IGG's and CMC's. Maybe they have some issues not covering positions, but I would have thought all CFD providers have guarnteed win, by setting off buys vs sells and putting any net balances remaining against another market maker. A bit like book-makers - should be able to cover all positions with computer programs - not like old days of manual calculations. My father used to be a "settlor" at one time running from his employer to another bookies.