RandyoldMan8 Aug 2012 10:42
You are right to warn investors about the volatility of Aim's stocks and I see you lost £7,000 on an unnamed Aim's stock. It wasn't solg was it?
This was your post on the solg board on 25th July this year "Not invested here but dont give up on this, I know alot of people are seriously down on this. There will be a price where SOLG will be good value, just that noone really seems to know what it is." Sound advice? Solg is currently trading in the 3 p region. I sold it at 11.75 on 30 November and there must be people holding that share from not too far back at more than double its year high point of 24.75. Who knows when the next Aim's placing to seek more funds might come there with the inevitable dilution for current holders.
Thorntons is not an Aim's stock as you know. You also know that, like your Tesco shares, the Tht share price has taken a bit of a battering of late. If you are still holding Tesco and your pf is in modest profit then I assume you topped up at Tesco following the big drop there on 12th January which is when I bought some Tesco and I also sold some this week.
Thorntons isn't Tesco though is it? Thorntons is a manufacturer as well as a retailer. And, whilst there haven't been any big swings up in the Tesco share price since the January fall, there have been quite a few at Thorntons since its fall in January. To each his or her own I say but please don't put yourself forward as some shining example of an expert who deems to offer advice to others particularly when you admit to having lost 7,000 on the one share. As far as I'm concerned, the best advice you could have given that poster was not too invest too heavily in the one share like you did. ATB