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ask me anything, no problem.
I hold until I am comfortable with my gain, it may well be a week, a month or a few years, that's personal choice, I have been in PFD for a number of years, mainly due to being in a loss, now I am in profit, exiting is the hardest decision, if I sell now it could go higher! so again it's where ever your comfortable. I am very focused now, it took time but it is a mindset. But remember, mistakes will happen, you must learn from them.
I personally am what you call a value investor/trader, I look for quality stocks that have been battered and have the potential to rebound, also I do the odd swing trade for short term gains.
My advice on CFD and Spread betting is don't do it unless you have very deep pockets, you will lose money! if you buy physical stocks any drop in value is only realised when you sell, just hold till it goes positive.
The stock market is the fastest way to lose money and also the fastest way to make money.
Regarding rolls, rights issue is done, no more borrowing money, just hold till positive news and travel returns, share price will reflect this in time.
Hi everyone, this is my first post on this chat for rolls, people are asking about trading platforms and investing/trading strategies, my advice as a trader investor for a few years now, is keep it simple, use whatever platform works best for you, I only buy physical shares, (using HSBC) spread betting involves too many loses, mostly trades just triggering when stop losses kick in.
I also traded too much in early days, then learned to be patient. I used every chart available, read news all day, made mistakes, then I met an oil trader, told him what I did, he said forget all them fancy charts, only two things matter, SUPPORT an RESISTANCE! I took his advice, and its true, just look where its been on a high and low and try to gauge a strategy from there.
Its worked for me on most occasions. I am currently into Premier foods, bought on the recent low of 20p, its now at 86.70p, so quite a gain, also just bought ITV at 60p now 96.00p.
I always say its not the money I focus on when wanting to trade, its actually the trade itself, get that wrong and you will lose every time, get the trade right and you wish you traded bigger.
good luck everyone
I have read almost all news of PFD results on various websites, not a single negative, so profit taking it has to be, then upward movements only please.
I would like to say this, am pretty sure others may agree, buying was the easy bit, especially at 25p where I bought loads more, but selling is the most difficult decision of all!
Can only assume profit taking, for a holder it was awful to watch! I do think it will push upwards with time.
I gave indications on price targets if the trend continued its rise, its now hitting all those targets, at 80p I was still instructing my friends who are interested to keep buying, this has been an incredible turn around for PFD, and all the holders, not worked out my exit yet, will wait for sale proceeds of Hovis to see impact on share price, 130.00 I predict.
News flash, Moody's upgrades PFD to B1 from B2, outlook stable
PFD will focus on reducing debt further rather than pay any dividend, certainly nothing for 2021. This is all positive for the future and can only see further strengthening in share price, my personal target for exit is around 120-130, time line unsure, will just wait and see, after all, waited a bloody long time for any rise!!
Will close in blue/green end of trading day in anticipation of results on Wednesday, looking at charts, possibly 88.00
https://www.dailymail.co.uk/money/investing/article-8544389/The-five-UK-stocks-performed-best-Covid-crash.html
check it out!
This pull back bounced right off near the support at 78.80, bounce was big, as was previous bounce from there, next stop resistance point is 102.00, cannot give time line, the trend is your friend, will get there soon,........hopefully
BOO, the next technical low was 180.00, this is dependant on it trending lower, however looking at it today, the bulls are trying to reverse this to the upside, have to just watch for a breakout. I am looking to get also
only one thing is driving this SENTIMENT, until that changes it will continue falling until a floor is found before the rise up
support at 180.00 and 157.00
you could be right, that could be great to get in
180.00 next target
Previous high minus rights issue was on PFD, nothing else, ITV resistance currently is 73.00, my sell order is at 72.00, once it goes and stays above 73.00 it will move onto next resistance. My main holding is PFD, I trade other stocks for joy of trading and making money of course, when a trade goes your way its a great feeling. I do tend to use a large stake, at least 50k a time, bigger rewards and all that. My strategy works for me, and that's the most important factor, finding your own way of trading.
I am really sorry but I tend not to over analyse a company when I buy in, I do look at that stuff but very quickly. I mostly buy buy on technical levels of support and resistance, its worked well for me on my other stocks I have held and sold. PFD was a great buy, only issue was it took way longer than I thought to get any profit, like many other holders. I do currently hold ITV at 55.00p and recently traded BOO before I got out, will get back in once it hits the technical low.
130.00 is from the previous high of 180.00 minus the rights issue price of 50.00p, simple calculation, probably wrong, but it does not matter, one should sell whenever they are comfortable with the profit in front of them. As to why I bought, I bought from 24.00 all the way to 80.00p, so hold stock at different prices, all in profit now. if it does reach my sell price, I do have to find somewhere to put it.
Regarding DX, I have to research them, don't know anything about them.
I am holding 1 million shares, at average 47.00p, so very happy, selling is my biggest dilemma, hoping for 130.00, after which will find another investment to trade, I personally never leave money in bank only because its dead, need it to work hard!
Been holding for years! I knew this day would come, just kept holding faith, its paying off, on technical level, should go to 130.00, a buy out is my opinion too expensive for any company, but you never know, dividend is also not possible yet, its all about increasing sales, efficiency, and paying down debt to a level which does not hinder new product development.
I had friends who sold out at 20.00p! absolute madness, I was actually buying more, kept buying all way to 50.00p, now just sitting back and letting it run.