RE: Dropping SP23 Feb 2021 10:47
Jimmy glad to say I stayed in IAG, was in the same position as you with Ocado, bought, was down too much to get out but now loads up.
As an ex employee of Ocado (11years +) and now retired on a VERY profitable share save scheme and a lot of 50p share options, all I can say is have faith !
I've ridden the Ocado rollercoaster for many years now and am well used to the ups and downs of the share price. The market sh**s itself when any bad news about O comes out, so big director divs, annual report that shows a loss (even tho it was 160 mil up on last year), a lack of new deal announcements and dropping in the supermarket popularity table to fifth all have a massive impact on the SP. Pretty certain Tim Stiener (as well as all the other investors like me) just smile and say "whatever", knowing full well once the dust settles it will bounce back. ALWAYS DOES !
Keep the faith brother, you will get back into profit soon.