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Hilarious to come back every six months and read long term holders such as Brighty’s ever more desperately optimistic outlook. This guy was insisting the price was heading well north of 100 two years ago. Don’t listen to a man who put about 50% of his entire savings into this junk of a stock
Lordload with the worst bit of investment advice this year. Essentially he is saying “Chase those losses”.
It’s not that what he says cannot work but the mentality suggests an inexperienced investor.
Very amusing to return a year later and see the same guys saying the same things they did 12 months ago. All their predictions failed then and the price is lower now than before.
It’s an ok stock and worth a punt but don’t believe these morons who claim it’s an amazing opportunity.
The man who famously panicked and sold at 89 and has spent the last 12 months regretting it has disappeared from the scene.
Just in case anyone doubted it.
Remember Whatamess sold his shares for a huge loss and has been bitter ever since. Don’t enjoy his loser gang which currently consists of him and his 4 alias accounts here.
He owned IAG and sold his shares in a panic in the 280-330 range. Therefore he is bitter and desperate for the price to drop so he doesn’t feel a loser. He only reappears when the price falls. Best to ignore him. He has made 20 predictions, 1 was right and this is the one he quotes.
Can’t think of many times when Simply Wall or any analyst has been correct. It’s all guesswork.
Some of the figures being thrown around here the last year as “likely future price because we are online and it was this price before Covid” are equally unlikely to come to fruition.
However, remember no one ‘knows’. We are all guessing. Anyone who claims to know or be sure is merely a pumper or a deramper. No serious investor makes these errors.
I think it’s a good long term hold. Just ignore the children here who expect growth every week.
If in doubt do what I do and hold 50% long term and trade the other 50% in and out
Thought you had me on ignore.m, currencytrader. Mr multiple accounts
And the fact CurrencyTrader has only had an account for a week yet apparently knows people here tells you everything you need to know. Multiple accounts. Be wary.
I have 50% long term and trade the other 50% in and out. I have made 4x what I would have done if I had had the 100% from start. Unlike others I don’t pretend to be able to predict the future albeit I have frequently been right when predicting dips while others can only speak through rose tinted spectacles so emotionally attached to the stock as they are.
I don’t know Currencytrader so the fact he claims to know me and have interacted shows he has multiple accounts on here. Be very wary of people like this. Plenty of rampers (and derampers) who have lots of accounts.
Ask people to screenshot their positions. Suddenly they get shy as they are scared to show they are long term investors from when this was 250 and spend their life on here desperately ramping the stock.
Think it may dip to late 50s towards the end of week. If it does I’ll top up
Aimtitan
Unfortunately too many here make the fatal mistake of being emotionally attached to the stock. There is a guy, I won’t name him, who pops up after every meaningful rise stating “it’s heading for 100 soon”.
Balance, rational and tempered expectations are not valued here.
For the past 12 months Brown stock and sadly plenty here, overreact to any vaguely positive or negative news, be it about the company itself or wider environment.
Some good news and the stock rises too much, some here before excitable children and make silly imminent predictions.
A correction takes place, anger here ensues “how are others not as clever as me, this stock is amazing, I believe in it”
Bit of negative news, panic and the shorters return here gloating about the supposed forthcoming demise.
Calm down everyone. It’s a good stock but will have plenty of dips on its way to three figures this year.
If it drops again I’m adding more.
I suspect this rumour is holding IAG back today.
So here’s the test. Can it hold firm or sneak up a bit tomorrow? Hopefully into 70s next week but this stock is a tease. Don’t rule out jump to 68 tomorrow before retrace to 62.
The last two posters demonstrate up why these boards have become the playground of millennials who can’t help but react in an infantile and dramatic manner to any meaningful shift in a stock price. Desperately seeking attention and approval they return on a dip/rise accordingly before disappearing while the opposite happens.
These people are perennial losers but are money makers for the rest of us as once again the calm and patient make money from the impetuous and impatient.
Nice jump this morning and got a sell in at 1922. From where this was a few months ago a great comeback. Kudos for those who got in at 1100s. I got in at 1450 so missed the early gains but over a 32% profit exceeded my expectation. The days have long gone when I suffer from FOMO so good luck to those still in. If it does drop below 1700 due to overreaction on something I think I will re enter.
Not sure why there is so much drama amid any meaningful rise or fall. This is the markets. Things happen. Reactions are exaggerated. Just make your decision and go for it. I topped up at 152. Probably not the bottom but it’s barely five figures and represents less than 2% of portfolio. I feel it’s worth the risk but hey, something you won’t hear often on these boards *I could be wrong*
I encourage everyone to not to listen to those who claim they ‘know’ based on two of their twenty predictions coming true.