RE: Has3 Oct 2020 09:14
I agree doing research into a company if you want to keep a certain share long term and put away for ones retirement, but sometimes you have to take a gamble with some shares, also i have found out in 9 out of 10 cases when a share drops by quite a bit within a couple of days it goes back up, unless there is something seriously wrong.
As for new issue shares then you are taking a gamble but sometimes those gambles pays off, as long as you only put in what you can afford to lose.
As for myself I am 70 years old and I don't buy a share to keep long term, I like to play the market every day if possible, that is why I buy on dips and sell when they rise.
My target for this is 200 depends on how quickly it gets to that price and what is happening with the virus at that point, as to whether i will sell or keep longer.
If they bring back the divi on this next year and it is near the same as they used to pay i may keep for the divi, because it is a fantastic divi if they keep to the same.
It has been a decent week for this share, what next week will bring we don't know, but it is getting bad in Spain and they have put Madrid in lockdown which might not help us, whether Trump getting the virus will affect us i don't know.
It is like one or two have said on here we could do with some drip feeding of good news coming through that is if there is some, anyway if we can maintain the 150 mark we should be OK till the virus goes down.