Metamorphosis8417 Apr 2019 11:01
We are looking at Galiford as a possible buy once the price settles.
After 50 yrs of trading it is still the same, shares drop far more and quicker than they go up.
Don't trust Directors, market makers in fact anyone, They are there for their own benefit NOT YOURS
We now invest almost completely in Investment trusts (90%) who buy Med, small, Aim, VCT overseas Frontier markets etc etc. Especially those who invest in medium and small companies they go up more than the established ones.This way you get a good coverage of everything. Which most investors cannot afford to do or have the time either. Occasionally we buy recovery stocks Pan African, INTU , SEE are among those we are looking at Crest if it falls back to 340s (galliford may be one once the price has settled) Mining and oil stocks when the price of the commodity is down. .
One fairly safe way to invest is
BUY when the market / share has dropped and has settled.
SELL when the market/share hits a high
If anything drops 10% GET OUT your first loss is your lowest loss
Do not buy at the top like most tend to do. At the moment the market is in the middle so there are still some low priced Investment Trusts JESC, AFMC, BRFI, ANII, IGC, BRWM, PHI, FFWD ( which could make u a fortune, plenty of chat on here re this one, some not so good), IIT, ASL, SLS, AAM, VOF, TRG, JUST TO MENTION A FEW (We are invested in all these).
We also sold Options on stocks that are low but covered them buy buying 10% approx. lower.
Good look and do not rely on one share. Bigger the range safer the investment.
You are correct about smelling a rat.