RE: Linked in update 👏7 Nov 2024 13:45
@Wednesday 'I am now going to sell the remainder of (didn't mention it before as it didn't suit my agenda) shares in Capita, which I bought at a conveniently superb market low price for a convenient recent high (how do I do it?). I will buy some other shares with this money days before I sell the Capita shares too - obviously these will be at a market low as well.'
I presume you have directed your 'wibble' at JO. If so, you ought to carry out more research before you present your 'wibble' as 'your truth'. If you bothered to look at my posts under PRU, you will clearly see that I mentioned I had started buying Prudential heavily at its 5 year lows of circa £6.01p per share. When I sold the remainder of my Capita shares (due to Capita's employee awards for blacks-only), I used these funds to add to my Prudential stockholdings (which happened to be in the week prior to Prudential's results) as the share price was still a bargain at circa £6.40p at the time. I was very confident that Prudential's results would show Q3 increased sales and profits (which it did) and the Prudential share price is circa £6.77 as of the time of this post, so a tidy paper-profit thus far.
I admit I did not announce my earlier sale of Capita shares (I sold the bulk of my Capita Stakeholding on the same day as NoFear for circa 21p), no am I under any requirement to do so. I was of the opinion that the Capita rise at the time was not justified and was in fact 'over-cooked' - no doubt there were other Capita investors who thought and did the same. That said, if you look at my CPI posts since then - even though I was still a Capita shareholder at the time - rather than 'ramp' Capita (as most of the Capita Fan Club was doing at the time), I warned Trenners and others here not to become too over-excited at the recent uptick at 21p and I actually mentioned to Trenners that perhaps he ought to re-think his 'sell and buy-back strategy'. I happened to mention I would sell out of Capita as I agreed with Broomtree and several others here that Capita's employee awards for blacks-only was based on ethnicity/race and is wrong. Who would have thought my agreement with Broomtree would spart such vile comments here.
Now, Wednesday, you can mock me all you like. But facts are facts, and if you did your research before you rant, you will avoid your own 'wibble' and not look rather silly old boy.
I am very happy with my investment portfolio, which has and will no doubt continue to do very well for me. I think you ought to spend less time looking and second-guessing what I do with my investments, and spend more time looking closely at your own investment portfolio.
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