Long term holder28 Jan 2015 09:02
Hi all,
After reading this board a few times in the past week I would thought I would break silence and introduce myself. I took a punt on findel recovering when they were on the way down in 2010 so I am sitting on a red for a while. Recently, two long term negatives (concha plc and jubilee platinum) have returned to blue (i was looking at a 97% write down on concha plc at one point). My point is, ignoring the short term, what are the rooms long term predictions for findel plc? I have no desire to sell at such a low price but if there are no prospects of recouping in the next 3-4 years I may just sell up on the next piece of good news. On the other hand, if the view is overwhelmingly positive it could be that the best way to recoup my loss is to buy more findel and hope for a modest short term rise. As always, I do my own research, but it is always useful to validate/counter your own hopes/dreams/analysis.
Thanks guys