Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Hmmm… think that was a buy
Sounds like that might be positive ‘something’
Am crossing fingers here :)
HE1…ARB…CRTA…HZM
After tracking 4 of my previous investments…if I had held onto them for just a little longer I would be about £150,000 better off today!
Needless to say I am holding here long term!
:)
For a sustainable rise into next week…
Fingers crossed!
Yeah…give your balls a polish lol
Definitely possible and worth thinking about…must have sold at a loss at least 10 times over the past 12 months…as long as you put the funds back in you should be in a better position
Most notable loss-selling was with AMGO …I had a quote to buy £15,000 ish at a then silly price of 1.78p at at the same time I had a call…press the wrong button and bam bought a pile of poo lol
Then two days later..,first thing…opening price 0.90p…well my chin hit the floor!…what to do???…for a minute I was stunned then decide to sell-off the lot…wouldn’t let you sell the lot…only small amounts…price dropping rapidly within seconds!…managed to sell £2000 at 0.70p…the rest around 0.40p…I was frantically selling!…all sold I used the proceeds to buy back immediately at around 0.20p…I doubled my shares and my new average was around 0.90p
Well I bought some more over the following weeks and de-risked when I could…eventually exited with a profit of £6000
I have to tell you…that was exhilarating!…and I have changed from being someone who is loathed to sell anything at a loss to being more pragmatic about my investments…it’s all relative
Correct…which has occurred a few times for BRH, RCGH, ARB, CRTA, HE1
And also for TGR and SAR for which I may buy back in
In that scenario as with every scenario the best action would be…to go with your gut feeling…de-risk to release funds in case of a drop…or as is my plans - hold for periodical significant rise which I feel is imminent :)
I’ve been watching this stock for weeks before finally buying in and still managed to pay too much for it lol
Bought in around 060 with an average now of below 040
Agree 5yrs would be a very long hold LBob…am still holding BRH and am learning to sell chunks at a loss to buy back for sometimes double the shares which reduces averages without additional investment
Risky business which has paid off more times than not
Good luck to all holders here
LBob…much too simplistic
All stocks you’ve listed whilst experiencing significant tanking have also risen meaning it would have been possible to exit with profits - this is fact as that has been my experience for 4 of those
In general…as well as averaging down is important…timing and luck also play a part when investing…no-one gets it right all the time…and is unfortunate for those experiencing heavy losses…I’ve had my share is failures and it’s not a feeling I wish on anyone
Important to remember some stocks are just doomed to fail…and no amount of averaging down will help
For me at least…is to only invest in companies I am happy to hold for a significant period and also to average down if needed…pointless to invest otherwise
As only the naive believe stocks only go up and never down
I doubt there are many of these…save for the following….
£10,000 bought at 0.5p would get you 2,000,000 shares
£700 bought at 0.035p would get you 2,000,000 shares
Ergo…for a few hundred pounds it’s relatively easy to approximately halve your average which i believe is what most investors have done
Think we know why :(
Am not convinced we’ll see the low 3’s again anytime soon…but you never know with this share
Optimism paying off :)))
Luckybob23…save your energy for people who are more deserving
Hopefully…more phoenix-like ascension than meerkat lol
…would create a spike and a resulting scramble for 10%ers no doubt but would also open the flood gates for a tsunami of new orders and up she goes!!!
It’s for this reason that I think there have and will continue to be buyers investing in this space
Good luck all holders
How low can this go ???