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I'm one of those late to the party so am currently not in profit. Thinking of averaging down but, hey, UFO might release more good news then the SP should drop further! ;-)
Strange one this. I like it, but I do rather fancy putting it over my knee from time to time.
Sounds great! I don't want anything too new, though. It is so muddy up here most of the time and, in the winter, my road can get 6ft + of snow (I'm in one of those places that was on the news a few years back when they sent the army in 'copters with food) so I need the full gamut of 4x4 options; low-range box etc. Rangey has excelled and, being a private road for two miles, blasting along in the snow is great fun!
Not wanting to hijack the thread to talk Porsches, but I've noted your name and had a Turbo (1989) several years ago. Gunmetal silver. Stunning car. 944 before that, 944 (2.7) after and a 928S4 after that. Sadly Porsche-less at the moment as I live up a mountain and the 928 did not comply. If all goes well here, will get a Cayenne. Not ideal but I need a 4x4 where I am and I've had my Range Rover a while now.
Hi all. I asked this on another thread that I have an interest in (UFO), as I am curious as to what your long term plans are?
I have a mixture of stocks. Some safe/div paying, some more speculative (ie UFO) and others recovery-based (this, RR. and so on).
I was lucky with my buy in price and am now about 90% up on NEX. This stirs my nethers (particularly as I also hold some pharma stocks which took a bit of a smack on Monday) and my temptation is to cash in. But I genuinely do believe in this company and think it has legs. But I can also see it drifting a bit once people realise that C19 won't be cured a week Thursday.
Well, that's my story. I think I am here until at least 350 and will try to resist the urge to cash in.
Where do you see the price going in 6m-1yr-3-5-10-Infinity-Beyond?
Peace.
Zion
Greetings fellow investors. I was a bit late to the UFO party, sitting on the sidelines for a while before deciding to get in. As the Godfather of Bad Timing, the price duly dropped but I am close to being (back) in profit and do have longer term confidence in the company.
Due to the aforementioned timing issues, I tend to be a longer term holder of stocks as any attempts I make to cash in always fall flat. It made me wonder what your plans were? Do you have an upper price in mind to sell out? where do you see UFO in 1-3-5-10 years?
Just curious, all.
Peace.
Zion
Crikey, what a wonderful quandary to be in! Unfortunately, I am very new to this share so won't make the life-changing amounts others speak of if and when it sells.
I can't imagine what I would do in your situation and, frankly, it is such a huge decision to make it really is one to make within your family. My go-to rule when I am unsure of things is this: 'You sometimes regret the things you do but you always regret the things you don't do'. Not the greatest of sayings, but it did nudge me into buying a small apartment in Croatia this year - a big step considering it was nearly all the money I had in the world AND it is the first property I have bought - anywhere! So, a big scary decision that I nearly backed out of ten times (initial exchange was due to take place in April, until C19 effed things up until August) but one I am now over the moon with.
I am sure the above is of very little help. Whatever decision you make, I hope you are happy with it and it works out well.
That goes for all the LTHs - sincerest congrats to you all. I am not one that suffers envy so am truly delighted that so many are able to enjoy such a once-in-a-lifetime experience.
Peace.
Hey Megan. Ultimately, the choice is yours. I read a lot of opinions on these bulletin boards and admire those that can dip in and out of shares, making profits on the way. Alas, my timing is atrocious and find I always lose when I try that kind of thing. I think success in markets is more about understanding your own strengths as an investor and not try to imitate others.
I am long on RR. It has such huge brand awareness and respect, sentiment for it will remain strong. I don't think you will make a fast buck (sorry, pound) but, longer term it will rise. Once they have a handle on Covid and tourist flights can resume at a respectable level, all airline stocks will rise. Of course, RR isn't solely an airline stock but derives a lot of income from the miles in the air of its engines.
The FTSE is about 2,500 points down on relatively recent lows. Although none of us can guesstimate when we can put C19 behind us, it will rise again to those levels and beyond. Whether that is six months, a year or five years is anyone's guess.
You won't find a definitive answer to your question anywhere. If there were one, we'd all be millionaires. Nothing is a safe bet but the RR brand has a lot of value, even if that isn't right at this very second.
Happy investing!
Just saw this, might help explain the nice rise today. Good to see support from one of the main shareholders.
https://www.sharebuyers.co.uk/shares/boohoos-biggest-shareholder-jupiter-rejects-calls-to-oust-ceo/
I first found Boo back in 2016 and bought in at 76p-ish, selling in the late 100s when I decided to let a wealth management company take over. Missed trading myself so bought straight back into Boo at nearly 400 the Friday before it tanked into the 200s. Picked up more and more though over the past few months so have an average buy-in at 300.
Obviously, concerns abound but, ultimately, I think things will play out in our favour. The press will eventually get bored and all the bad news will be forgotten. The press make regular attacks on Amazon and Tesla (appreciate not direct comparisons) and they have survived. Shame that Boo don't have slightly more charismatic leaders like Amazon and Tesla.
Peace and good health to all - may we all make bundles.
Thank you for that. I have been lurking a while on here and on other BBs within LSE, which is how I found out about GGP. It's hard sorting the wheat from the chaff, for sure, but I think I am working out who to listen to and who to filter.
And the 'old timer' reference is more for those than have been in a while, rather than an age-related comment. No offense meant.
Hi there. First post, so be gentle! Bought into this stock this week and have read the boards with interest and also seen posts from those that bought in when the price was pennies; or fractions thereof. Relatively new to trading (started 2016 for a year or so then gave it all to a "wealth management" firm, but felt I was missing out on the fun so came back in again April/May of this year) so my big question to those that bought in so cheap is: how the hell did you find the share?!
Like most, I love the idea of buying a share and seeing 000s% upside over several years, but I don't even know where to begin. Google just leads me around in circles. I don't expect an easy answer (as I am sure it is essentially research based), but any pointers much appreciated.
And congratulations to those that have made a killing!
Zion