RE: Terrible investment29 Oct 2023 20:31
It is clear those that invested here at 2 pounds were investing on nothing more than feeling there was going to be a future profit, in other words following the sheep sentiment, sadly as so often,they did not look very hard at the fundamentals nor consider the risk, buying such a overvalued share ,at the time.
Yes I admit buying 10000 at 180 ,and not selling after the news. But I own many many more ,maybe to many.
But thats life, you live and learn. Invest only what you can afford to lose.
Like it always says investments can go down,be warned.
This one now is bargain basement buy.
If you cannot stand it get out ,and do not invest anymore in the market ,especilly now.
As Andrew Maguire says ,"how much physical do you hold".
Naguib Sawaris claims to own 20 to 30 % in physical, like housing , a secure investment.
IMHO.