RE: Markets27 Jul 2020 10:09
Agreed with LAM its a hold for sure as is pharma's, but the daily bread and butter stocks are just struggling.
Have had IAG on my radar for a while, wanted a sub £2 price. Today the airlines are seriously screwed again on news with Spain and other rises of C19.. Looks to be heading back down to its lows of around the 150 mark if this carries on this week..
This in turn has screwed my RR.. Can't believe this was £4 only a matter of weeks ago, another profit wiped off and back in the red on this one!
My CINE has gone from a decent profit of 60% up to now at a loss, although they plan to reopen Friday, however many of the Blockbusters due to be shown have been delayed, although dont see this as a major issue, as people will go and see whatever is on, just for the "Experience"..
BOO is another many on here hold, I got burned on this, bought it and then watched it reduce down the day after! Still not recovered and will be a longterm hold, most likely will drop down to 2.25 ish before any recovery.
I guess its going to be a matter of HOLD and hope the storm passes, the world has to return to "A Normal" at some point, and if that is a World with C19, then we just have to deal with it and change a few things... for now, I have no idea on how my investment strategy should be going other than Pharma's..
With LAM we are safe in the knowledge the world needs Energy, so diversifying into Wind is something that is going nowhere and if anything, will only get stronger.