RE: Institutional Buying8 May 2020 22:23
WarrenB,
We are almost certainly sitting on the edge of the next FTSE bear trap, so you will inevitably see a bigger loss in BT over the coming weeks. That doesn’t make BT a bad company or a bad investment in the long term. You could:
1. Stick with it, ride it down, don’t sell BT therefore not crystalising your loss. Give it a couple of years and you will recover. Just don’t look at the share price every day.
2. Sell BT now, let them drop into the next bear trap and then buy them back at a cheaper price. Whence more shares.
3. Keep your BT but Use extra cash to invest into BATM/AZN/GSK to make money on the Covid pharma bubble. Set a target price on the pharma stocks and sell on the rise, covid will only attract a premium for six to twelve months. That said, the money that some companies make in that period, will be the making of them.
4. Cash in the BT, crystalise your loss, buy into the Covid pharma bubble. By this time next year we will be millio...........: