Life25 Jun 2020 10:19
Every company that sells shares were in dire conditions just before lockdown, 18/19p this was! Does anyone recall 2008/2009 recession? Prices went down next to nothing. A lot of people, including myself made a lot of money, one share I bought at 10p, went down to 5p! Ended up selling at 58p, that was just one share!! SPs rise and fall in news, good or bad. If anyone thinks the world is going to stop revolving on a pandemic, I'm sorry you are wrong. Keyboard warriors, not invested in anything, done their nuts selling at a loss, buying in and selling again at a loss posting the obvious in prices going down, they absolutely bore me. If you want to sell, sell!
The news at the moment, is today's news, tomorrow's news and probably 6 months time news. People buy shares thinking they can invest £1000 pound and make 50% profit in a week are not educated.
Now, I'm in no position to day buy, sell or hold. Just look at the bigger picture here, 2/3 years down the line this share and 90% of all others will give a minimum of 50% profit. USA is unfortunately the country in the world that is suffering with massive increases of cases, does anyone think the whole continent is going to die?
Today's price means diddly to what it will be in a years time. USA will sort itself out, like the rest of the world has.
Good luck on your investment/s.