Member Info for minjin_6

A snippet from the financial the times:

“ Does it follow that long-only investors should applaud short-sellers for improving corporate scrutiny? Possibly, but with a caveat. The shorts have a tendency to pile into the vulnerable, not the criminal, and they can often seem blind to the bigger picture.

This time last year the most hated UK-listed stocks included Aston Martin Lagonda and Debenhams, which have done very badly, and sandwich maker Greencore, which has jumped about 50 per cent after a major restructuring. Ocado, consistently the most heavily shorted stock in 2016 and 2017, is up more than fourfold since the start of 2018 after the online grocer reinvented itself as a delivery technology disrupter.

J Sainsbury and pub operator Greene King were the most popular targets in 2015, in spite of the commodity price rout that would soon roil the mining sector. Even going back to the early stages of the financial crisis in 2007, the bears were mostly ignoring banks and housebuilders to target retailers such as Sports Direct.

The thing about vulnerable stocks is that they will often recover, which makes following the bear pack an extremely high-risk gambit. NMC still has plenty of questions to answer, yet it looks like the smart money has already been made.”

I do hop the stock recovered. I just don’t believe it will be in the medium term. We have a long wait ahead to get to the glory days of £25%. But fingers cross we can do a ‘Tesla’ this year

Nah I lost confident that this stock will return to the SP value of £25 anytime soon. The stock it broken, but I don't believe it is a broken company. And we would not really know if it is until that report we are all waiting for is released. If the company is no broken then I am happy to hold no matter the SP. A long as the company is good value then who care what the price say

I thought £12 was that bottom. That I was like then it has to be £10. No, ok surely it would not go lower than £8. And here is are at £7. I am not evening going to call the bottom anymore. I just hold this stock for the long run and hope it is still around in 10 years 10. I am young and new to this so I can wait. Wait till the dividend reinvested bring me back to break even. I have no more cash to average down. And already way too much into this stock.

I have have be averaging down from 16p and the price just keeps going lower :( I can't average down anymore and with over 50% gone I am have lost too much capital to sell. I am stuck between a rock and a had place with this stock. FSTE 100 my a$$? Stock sure is behaving like it belongs on the aim Index. I am going wait on the report because that all I can do at this point. I grew this stock into my second largest position and not it a 50/50 coin whether it will go bust or reward big. Not a position I wanted to be in. No more averaging down from me. It will just be a wait and see...

Did this stock not open like this yesterday also?

Welcome aboard this crazy ride bongo. Where we begin is anyone guess but if we hang on to the end maybe we will rewarded jumping on this wild rollercoaster.

Is this not a leveraged position for you? What about the family? I am down a 34% with this being the large position in my portfolio. I wanna average down but after today I don’t know what is going on with the stock. I am not selling out because I don’t wanna realise my loses. It feel like a punt now tho so I just remind you of what you was saying yesterday

I thought this was news worthy https://www.investing.com/news/economy/china-central-bank-to-inject-174-billion-via-reverse-repos-on-february-3-2073817

@adzy2k11 is that price for before the results? I wonder what you think it will be after the results then.

@Tinatots "I have a stop loss @ £36.00" did you mean a sell order?

I am not sure if Brexit is connected to the performance of this stock. That would be a nice catalyst for the stock to pop tho. Anything that give this gains would make me proud. I think more news, more marketing, more press releases and more presentations would be nice. I just want MORE :) But if they are busy implementing plans to increase the top and bottom lines then that is probably the best use of their time. Rather than talk the talk, they are walking the walk.

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Maybe ~\_(-_-)_/~ my crystal ball says that there is a 100% chance that we might reach 2p tomorrow.

This is good news indeed. Now I wished that I loaded the boat when the price was 1.25p anyway it is not too late to buy some shares while the company is still undervalued.

There might not be a next time

Amen to that brother

I thought I was in SM BB for a sec. I have sold my shares, left that chat and is trying to erase that company from my memory but it keeps popping up. So much for thinking can leave that chat and simply stop talking Sirius. Nige it a done deal. AA made a formal offer 5.5p all the is left it for the LTH swallow the pride and accept by vote yes to sell for a big lost or vote no and get nothing ~\_(-_-)_/~

There is too much downside risk with the stock now. It was always a punt, and this punt was not working out for me. It seem that if the is to be no then it is out of the frying pan and into the fire. There is no point wishing the hole will get filled. I sold all my shares anyway so I can’t vote. And I tell you what, my sleep is not much better.

I am just hear to mention the maybe people here should look into NMC healthcare stock. It is on FSTE 100 and could be an opportunity to gain some of the lost from this stock.

~\_(-_-)_/~

Don’t worry actually I will ask google