RE: Rudolph Too14 Aug 2017 00:35
I only deal in shares which will provide a return sometime, I have shares which I've kept for 15 years, bought for 50p today 532p JIM also pay a 5% divi, SP up and down but always a steady divi. Bought more at £3.30 last year now worth £40k or Tristel TSTL doubled up on that from a year ago up £11.5k in just a year. Do good research and load up.
I made mistakes, believing rampers on bulletin boards back in 2000 and buying all sorts of stories but gained a lot of experience now I can spot a loser a mile away. I don't accept that DGB will pay back medium term with this management, it may stop losing so much money but I need to see some evidence before I put money in. Institutions have bought the same story as PI's, made the mistake of not cutting their losses and bought into further fundraisings. As it drags on it seems to me that they don't want to put up any more, if they own 80% maybe we'll see new management, maybe a fire sale of their shares and a take over.
18 months ago I sold all my "losers", took out a subscription to Stockopedia and started listening to circle of investors who invest in companies where everyone wins, rather than only the cheats, liars and con-men. More importantly I learned how to see shares which were undervalued, which were over valued and which were valueless rubbish.
Up to you mate but it takes two to make a market and I will keep posting the bear case to counter some of the wild bull that I read. In the long run it won't make any difference to the company, what will be will be. It will help, however, to keep the discussion honest. Good luck.