Conspiracy Theories...23 Mar 2018 10:16
Sorry guys I don't buy into any of them. The BOD stated recently that results will be in line with expectations, they don't need to constantly reassure everyone all the time. In fact I recommend people stop emailing and pestering IR and let them crack on with the job.
Just because you have purchased shares in Saga on the basis you thought they were a "bargain" doesn't mean they will go up automatically, people just see better value elsewhere at the moment. The falling knife analogy is one of the most apt terms when investing in a plummeting share.
If you are having sleepless nights then sell, crystalise a loss and move on.
I'm in at �1.26, entirely comfortable with my position and will be adding more in the next few days, unless you are a skillful day trader i suggest you don't invest in equities to make a quick buck. Be patient.
Good luck and great weekend to all.