Member Info for Gettingthere67

Having read that article, I bought some more MV shares.

Glad I re-bought here the other day - even though someone here warned me I was buying 'at the top'.

Sp up almost 14% since then.

Hopefully it's turned a corner now...

PS The sp now is 2.5% higher than when I bought the share earlier this morning...

Thanks for the (sarcastic) comment.

'Buy at the top'... this sp is still very low compared to what it has been (even in recent times).

Who can time the market:? (as the truism goes). I am just pleased to be invested here again - and if took some good company guidance for me to do so, so be it.

I had debated re-buying MV shares a couple of days ago. I didn't then - unfortunately!

However, after new Outlook announcement this morning, I have now gone ahead and re-bought a fair number of shares.

There was so much relentless negativity (from some on here) about MV's prospects - and with ever-seeming diminishing stock price - that is why I hadn't rebought recently - until just now.

But today (with company announcement) I felt confident enough to rebuy.

I should just add that I think - and hope - many if not most of these US tech stocks should recover soon - as their fundamentals are sound (and as long their next ERs - which are soon - will be good or at least OK).

Yesterday was a very negative day for US tech stocks.

I had only a relatively small holding left in SMCI - but the sp went down by over 23%.

I no longer hold any NVDA - but its sp went down 10%, and ARM Holdings (based here in the UK) shares went down almost 17%. A huge correction for these tech stocks.

Whether they will recover soon - or continue falling - I don't know. And the repercussions for the rest of the market - and shares such as MV - seem uncertain for now.

I wrote: "US tech stocks - whose sp rose a good deal in the last two months."

That should read: "US tech stocks - whose sp rose a good deal in the last four months."

I had great hopes for MV sp - but it has been disappointing. I am no longer invested here - but am thinking whether this might be a good time to invest again.

I am learning it's best not to be too wedded to any particular stock. I did well with investments in US tech stocks - whose sp rose a good deal in the last two months (though there has been a significant recent pullback) - shares such as SMCI, Dell, Oracle, even (at one point) SOUN - and (only partly AI-related) HIMS, the latter a company with great potential IMO.

I now only have about a quarter invested in these stocks as I did about say four weeks ago (when they were at a peak) - but I stayed invested to this extent as I still want to have some 'skin in the game', so to speak. By not selling all say a month ago, I have probably lost about 15% or so of my total recent gains - but that feels fairly OK.

I did keep investing in MV - but sold each time as sp fell a lot - then investing proceeds in these US stocks, which, as it turned out, did do well. I'm wondering now whether to invest again in MV - the sp does seem cheap (or at least low) right now...

I wrote: "US tech stocks - whose sp rose a good deal in the last two months."

That should read: "US tech stocks - whose sp rose a good deal in the last four months."

I had great hopes for MV sp - but it has been disappointing. I am no longer invested here - but am thinking whether this might be a good time to invest again.

I am learning it's best not to be too wedded to any particular stock. I did well with investments in US tech stocks - whose sp rose a good deal in the last two months (though there has been a significant recent pullback) - shares such as SMCI, Dell, Oracle, even (at one point) SOUN - and (only partly AI-related) HIMS, the latter a company with great potential IMO.

I now only have about a quarter invested in these stocks as I did about say four weeks ago (when they were at a peak) - but I stayed invested to this extent as I still want to have some 'skin in the game', so to speak. By not selling all say a month ago, I have probably lost about 15% or so of my total recent gains - but that feels fairly OK.

I did keep investing in MV - but sold each time as sp fell a lot - then investing proceeds in these US stocks, which, as it turned out, did do well. I'm wondering now whether to invest again in MV - the sp does seem cheap (or at least low) right now...

Any particular reason(s) sp down so much today?

So I presume this means a UK investor will be able to invest say up to £5000 annually in MV shares - and put this into the new British ISA...

https://www.theguardian.com/uk-news/2024/mar/06/british-isa-will-be-created-to-encourage-investment-in-uk-firms-hunt-confirms

Added some more MV shares....

using profits from recently sold US stock.

Somehow felt a good time/place to add.

His book has just come out:

https://www.eenewseurope.com/en/how-ai-thinks-brings-ai-to-the-people/

"Another manager has chucked £50K into the hat."

So is that 'incidental' - or maybe a vote of confidence?!

The fact that two of the MV Directors recently bought shares should give us some confidence in the company - or at least I hope so!

Well I did go ahead and bought a few more MV shares...

I am really saddened to see MV sp go so low!

Am wondering now whether to put a modest amount of recent share profits (from SMCI and another US share) into more MV...

100-bagger! Wow!

I have done well recently with SMCI (Super Micro Computer) - sister/brother company to Nvidia; SMCI sp has increased 12-fold over a year. I know people who were lucky and savvy enough to hold it all that time!

However, I started buying in the mid 200s - it is now in the late 600s - though it hasn't been plain sailing by any means. For about eight months I found the share trading sideways (with occasional big rises, then huge dips). I held on throughout - occasionally panic-selling some, then rebuying pretty swiftly! - believing that sp would eventually break out - which it did this month on both excellent pre-announced Earnings and then a superb ER.

This helps make up for a lot of share losses incurred in 2021 - and now I am finally in respectable profit. I have reduced my stake here somewhat but am hoping to hold fairly long-term.

New Guardian article on Cambridge-based company Paragraf.

Sounds a very promising company within the MV portfolio...

https://www.theguardian.com/business/2023/dec/19/graphene-will-change-the-world-the-boss-using-the-supermaterial-in-the-global-microchip-war