The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
2 strong reasons I've been buying heavily. Aiming for average price sub 75p ideally 65p. IMO this company is not at risk of continuation given the mega deals rolling in. The biggest risk is being bought out cheap. Price lowered for a cheap buy out, let's hope not. Need a recovery and sensible offers followed by a bidding war if any come.
Traxpern, I agree with you they are evil. As a LTH I've just done some adding up, scary numbers really, but over past 6 or so years have had many ups and downs. Biggest recent risk was being close to being frightened into selling out but held on and have now got my averages down from estimated about £4.50 previously
to todays £1.1691 not accounting for off top of head about 30k previously reinvested dividend. Been in a long time 12 months more is nothing really. At a guess in 2/6 weeks or even 6 months time 32p will be long gone. Added several times today 66999 more shares, should probably ease off now but finding it hard at these levels. If the shorts are keeping the price down I'm taking the opportunity to stock up. Hopefully the silver lining will be watching them burn 🔥
Generally I don't look here much but when significant price action occurs with potential crushing losses its time to look beyond RNS alerts and company investor help lines pumping out standard responses, for clues. It's psychological warfare which is why they post I filtered the snapper only as he was simply swamping with the same rubbish repeatedly.
100% agree they should. Personally I was about 300 k down and viewed that as historic over past number of years been in. So loosing an extra circa 50 to 80k across a total of 10 accounts from Sipps to Jisas as relatively not as bad and a point of no return to either save last cash pile invested or instead add. These commentators were very much a nuisance at first but tge more horse sh#t I read in the end they helped persuade me to buy.