Member Info for OWLS

" I'm not selling at a loss"
A very poor strategy.

"Do not sell guys
We will bounce soon
Christmas coming more shopping etc"

Very insightful. Obviously the market doesn't realise it will be Xmas in 3 months time.

With COVID rates being so high a lot of people will be reluctant to travel. Also the problem with drivers will affect service and also lead to higher costs.

Hi LANCSINVESTOR, I like my investments to be showing good 1,2 and 3 months momentum so SPI doesn't really tick the boxes on those scores.

Not being nasty, just wondering why anybody would follow your tip without any reason for it. If you had a good track record I could understand.

Quadruple witching day. Big UTs on most stocks.

"so sick of this absolute trash share movement."

You can't fight the market. I think you need too diversify more.

Why should we listen to you JR. You've abviously got it wrong with OCDO.

If shareholders are in for the long term who cares if it hits £15 before rocketing to £30?

It is much more likely to go to £30 from £28 rather than £15 to £30.

As John Maynard Keynes said "In the long term we are all dead". We need to sell at some stage.

"Well OWLS stubbornness is why I’m not selling at 2k down"

Stubborness is not good if you are an investor.

Some of my best decisions have been to sell a loss making share before the losses got even bigger.

"Power prices may be rising these days but Drax's share price won't even clear 450p in my view...Sell"

I've sold out but thought I might have a look at EFFIX'S latest wisdom.

Thy guy is priceless, makes me chuckle every time.

What is the point of that comparison.
There are 300 companies with an SP higher than FXPO, does that mean they are better than FXPO?

"Be crazy to sell out now at such a loss 2 k down". Why ?

The biggest factor in share pric e movements is momentum and momentum is still negative here, despite some who claim it has changed based on a few up days.

The 200 day SMA is £21 so I wouldn't be a buyer until it reaches that price.

Probably better to sell and buy back when momentum changes.

Perhaps whoever said this was a no brainer at under £4 can explain why it is now £2.85.

And before you say it OWLS, no not selling at a 10 k loss to buy back cheaper, NEX will be back up soon.

I hope you are right but current price falls just back up my comments about momentum.

It matters because they will probably continue to fall in the short term, you would be better selling and then buying back when momentum is positive.

When a share falls below the 200 SMA it's generally a sign to sell. For SDRY it is 315p.

"falling shares tend to continue to fall."
What fall forever?

No but momentum is a major factor. The 200 SMA is a key measure, sell if it is below this, buy if above. For NEX it is 277.

I have bought here based on good positive momentum. I've been stung before with oil shares (PMO especially) so fingers crossed.

I have bought here based on positive momentum, probably the best investing strategy out there.