These losses will become profit IMHO ;) When we reach 50p my profits will now be double of what they would be if we bounced at 32p. So once my paper loss are high enough to give anyone a heart attack, the profits will raise the dead
Me, you and a few have been sitting at huge losses.
I kept some free cash and bought all the way down. End of day we know where this should be.
You cannot sell on a loss and think you'll buy lower. The reason is no one knows where the bottom was/is. I thought 32p was it. Well I was wrong, where I know I'm not wrong is where the company is today compared to 2 or even 4 years ago.
No one could guess COVID would last that long, that inflation would go crazy (actually I was screaming about it last year) and that Russia would invade UK.
As a rule of thumbs I always try to keep 30% in cash. I am currently at 5% cash the lowest I have ever been.
I am not by far of the imagination an amazing investor and have screwed up more than once. But what I know and learned for sure is 1 keep some cash so you can buy more 2 don't chase unicorns (sell at a loss to buy somewhere as it looks more attractive then,) 3 sell if the companies fundamentals have changed not because the market is diving it.
Not being rude I'm not hiding anywhere. You want to have a chat with me lets talk in voice chat on discord (don't need to join the group just message me privately) or what ever means. But I am not reading 2000 words pâté . I'm not a private person my name is out there.