Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Tooie...i have targets rather than low predictions. Right now I see no reason not to target 2008 low. As i hold short, il be watching for anything to change my mind..so my unterwt is the bull side...just for different reasons
can a fund buy a share and say to clients...we are looking at the next 20/30 years...dont worry about the first month/year/decade ? Come on lads...... Get in the moment.. especially if u intend to hold years.
"maybe thats because as you take short positions you have to be in the moment, so to speak" Do you think i wouldn't be in the moment as a buyer just preparing to buy???? Do you think a fund can execute a £10 million holding and say 6 months later...'dont worry. we dont buy in the moment 40% down is ok"
i"t appears to me from your posts, that as someone setting short positions you struggle to understand the mindset of a longer term investor." I only bought for long term holds, many moons ago...and not my money... I'm talking about timing here Gerry I've seen so many hold a big percentage profit in a share for a long time, and lose it all, first month of a sector or market turn I hsve no difficulty grasping any type of market entrant...i did them all. Day trading to holdings to shorts. .......... "maybe thats because as you take short positions you have to be in the moment, so to speak" Been a long moment in Vod.. .. .........
I do think that dividend yield in thos market longer term is a concern. BT got hammered after adjustment , showing for now, capital chasers were buying...not long term positive holdings, into ex div. .But Costa.. let's assume you are right.. .turns out to be true.... Do you believe now is the tune to buy? or do you see any potential for another 20-50% drop before the market buys your view?
Has any bull got a price where they would at least reassess bull position? I quiet clearly gave bear price last week where they would reassess . Surely, management and common sense dictates that 0% risk does not exist ? So where do you as a bull, consider position? Probably a more important question to income holders than capital chasers...
Nothing wrong with a touch of realism.
Going to short this hard next week. Knock knock 140