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Thanks Arnold. Good to find decent people on this board. Unfortunately I think there are quite a few young ones here who only bring a one sided view.
I am sorry Bladey/Ian that you have been proved spectacularly wrong but don’t take it out on those of us who got it right. Brown stock overreacts both positively and negatively. I’ll say it again in the hope it will sink in this time ;)
There was a lot of criticism, patronising and “ha ha this guy knows nothing unlike me” when I shared my view and strategy. The fact I have been proved 100% right does not mean I am now more knowledgeable or more clever than anyone. Another time I’ll be wrong and others will be right. I am not interested in anyone saying I was right but it’s interesting that those mocking are so stubborn they cannot admit they got it wrong. To me that’s a dangerous attitude. None of know the future. Who can predict it? Surely 2020 has demonstrated that. Why not just accept differing views and debate. If you look at my initial comment when sharing my view and the response I fail to see how anyone can say people were justified in their attitude.
Anyway im back in this now so we all want this to push up. As I said before this stock is prone to overreactions both ways so I imagine I’ll be out 50% and back in again the next week or two.
Perhaps you understand now? Glad to have given you a real life example of why it can be a good strategy. Happy to explain more if you are still struggling to grasp the concept.
Very glad I sold. Exactly as I predicted it fell steeply. Where all the patronising gang now? I have reinvested the 50% I sold at 18% lower than I sold it at. I’m now with you guys hoping for it to rise.
I seriously think some people need to be less sure of themselves and less patronising. They have made themselves look very silly here. I have been proved 100% right but I know another time I’ll be wrong. None of us ‘know’ the future so stop pretending you too and show respect to people who may have a different view to you.
So far it’s working for me. Selling rising stocks when they are temporarily overbought then buying them back on the dips. Brown has been good to me and I do have a soft spot for it but I have made a lot more doing what I have done than I would have if I had held continuously since 35.
Feel free to keep the patronising comments coming Ian/Bladey , presumably same person.
It’s preferable to be learning to trade than still learning my own language. Note: “You are” does not equal “Your”.
Let’s see re: regretting to sell. You can hardly be experienced yourself to be so sure of an eventuality in a stock.
Sold 50% at 64.2. Missed the top
Bladey, thanks for the infantile retort. I would say from 63 to 44 is quite some retrace and that is what happened. I’m in this stock since 35. I want it to climb and think it will I predict it will be down at 54 in next two weeks.
So, again a sharp rise for Brown and people start predicting imminent rise to £1. If you look at the recent history of this stock it has a big surge then slowly retraces over a week or so.
I don’t hold, I got out for a bit of a loss earlier in the year but I don’t understand why there are people here laughing at others for losing money. Honestly, it’s pathetic.
Hi does anyone using Hargreaves Lansdown know if we have do anything different next week when buying IAG to make sure we get the shares at the correct price?
The realities of walking out a free trade deal with your main trading partners amid much union Flag waving and ludicrous’Freedom’ chanting are starting to settle in.
No love for the EU from me but economically it was much better in. I’m not sure what it will take for some to realise this.
Comical hailing of a not quite Free Trade deal with Japan worth under 1% only further serves the naivety of the deluded.
Hooray! That will offset the money we have to pay to trade with the EU...... nah.
Thought I would say it to save the other guy here who says it every day doing so.
I think those resisting wearing masks are rather silly. It really isn't very difficult to put a mask on for a few minutes when you are in shops or inside public places. Sure, wearing them outside is pointless. The fact is that many illnesses however mild, can be spread by people breathing or coughing up their germs all over you. I hope masks become permanent rule as I am fed up of people with colds transmitting it to everyone else because they cannot be bothered to take a basic precaution to prevent it. The government, be it the current Blue one or other ones, are only interested in themselves. The only reason they said masks are not fully effective is they knew there were not enough to go round to protect the NHS initially.
For goodness sake people just put on a mask for a few minutes inside public places, it really won't hurt you!
What will this mean? I can buy the shares at 84p but presumably can’t sell them for x amount of time?
Excuse my ignorance but obviously we can’t buy at that price then sell at real price so how will it work?
James said exactly this on the ADVFN Board
What’s the best site for live prices (that I don’t need to pay for an account for)?
I think some people are missing the great move Greggs have done in positioning themselves in Service stations and crap garages. Lower classes will come in and hoover up the fat pastries. This will in turn sorry the share price out.