RE: Here we go again18 Nov 2020 15:49
Thanks Toger
I know people at work who have invested in Premier Oil, Cineworld and Amigo and all have bought when these shares were £1.80 plus per share. I'm telling them to recover their losses and buy in now before the recovery takes off without a return to these lows for many years to come. However, none of my work mates wan't do it because they were badly burned. So, I've shown them than I'm invested in four stocks with almost £90k spread between isa and standard share dealing accounts. I've told them to buy Premier oil, Cineworld, Capita and Amigo and make
a huge return. Unfortunately, once burn twice shy. They rather sit with their huge paper losses than average down.
They think that their original historic investments will return to the highs of the past years. There is no guarantee that it will happen any sooner. That's all IMO.