RE: SP19 Jul 2021 15:10
No one know what will happen with the share bud. All we can do is predict and picture out what it will be. I could be wrong or I could be right. I could have sold my shares at least 3 times in the past year and take 15% returns. I'm quite disappointed with myself for not doing it. But from my overall outlook with my investments, the potential is still there to give me back a good return % so I'm holding them long term. I could sell mine as well now, take minimal loss which will balanced out with my profit i made from last year. But If i don't think my investment is not worth it and if I'm gonna keep selling to minimize losses, why would i even take the risk investing in the first place? I'd rather get bonds to get a guaranteed return where there are no risks as well.
I bought CinE shares as well last year at 25p when everyone was really trash talking about it. But i hold and sold at 60p. It's all pretty much about your entry SP, your exit strategy and your research with the share outlook, whether for short term or long term. I initially thought this would be Mid term hold and yes, I am wrong. So I reassess this and since there is no need for use for my extra cash yet, I changed it to long term. Not budging or selling and in fact, been adding when I have extra cash. That's just me and my thought on this share. My target has been 70p and 70p alone. Not expecting this to be 1£. Still, this is gonna give me a great return when it does. My suggestion is DYOR and just stick yo your own investment. Yes, these Saints do get on your nerves and make you want to sell away your shares. But I'm way past that. Just look at the market in general when you feel that you're being pressured by those Saints, It most likely is the whole market that is in red.