Member Info for sheltie

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Garydav - interesting that you wrote 15% as a stop loss. It just so happens that that is my exact figure too. When are share reaches minus 15% I pull it, crystallise my loss, move on and reinvest the remaining funds elsewhere. I did that here too thank God (well, actually 20% if being 100% honest, as I was just SO conflicted as to what might happen - but it's very unusual for me).

It takes discipline and of course, feels highly counter-intuitive. BUT, as Toffers quite rightly says, you HAVE to just suck it up, move the money and try to recoup it elsewhere. Guaranteed to work every time? No. BUT I can guarantee, that over a decade you WILL win with this approach and save yourself from serious (unrecoverable) financial losses. Never be afraid to crystallise a loss I say.

Think 'portfolio' and cut out weak individual performers, in order to protect it, and grow it. Just like substituting a poorly performing player on the football pitch; for the benefit of the whole team and ultimately, to ensure team success.

Maybe this can serve as a life lesson for folk going forwards, then it hasn't just been a total waste of time, learning - and money? The Stock Market can be a very harsh Master, so we must always be vigilant!! Wishing folk all the very best here. . . . 😃 ATB

You too. Sorry about your losses. Been there too and it hurts for sure! ATB

Sm66 - it's actually quite sad to see how quickly this company has unraveled this year. Just three months ago, I would never have imagined a scenario quite as drastic as this. Just goes to show that none of us can ever be too complacent. As they say, 'no company is too big to fail'.

Bah1 - they're trying to attract anyone at all. The MM's will have a lot of unwanted stock on their books now, so they have to take the hit (by reducing their mark-up i.e 'spread') to get rid of it all.

If that is the case with IK, then it was a massively expensive dalliance with SDRY - which didn't last very long either. Bizarre

Maybe JD has accepted that SDRY is over and is now going to focus his time (and some cash too maybe) in Holland Cooper?

But seriously, this share collapse beggars belief. It's a disaster.

Just such a shame for a company that was, until just a few years ago, a Stock Market darling that could seemingly, do no wrong. Nobody wins here

DamayHill - Boots is clean out of Hemorrhoid cream now!

Munichmann, don't worry, the Americans will be waking up soon! 😭🤣😭🤣

Don't worry, everyone is accused of being a shorter here. And I mean everyone - even those who have no shares!! All good for laugh eh! :)

Literally this could explode - it could implode. Nobody on a Board like this can have any influence; much greater forces are steering this. Anything could - and probably will - happen! Bonkers share this one. ATB

Yes, it has been priced to fail. . .tanking

Munichmann - you'd make an excellent grave digger; you just keep on digging an ever larger hole for yourself!

Give your money to the grand-kids, they'll spend it more wisely. . .

ps you've lost even more money, after just half an hour!! 8.99p now!

As a proportion of their wealth, folk here have lost far more. JD still has many many millions left. . .

N1 - whatever your views, which may or may not materialise; you simply cannot rate it a 'Strong Buy'!!

It 100% absolutely is NOT. It's barely a 'Weak Hold'! You should have exited here long ago. . . like in 2023!

It's being 'priced to fail'. There will be some daily swings to be had here; but blimey when you factor in the MM's spread - it's a massive punt.

Morning campers. Nice day for it!! I smell money. . .!!

It can't go down for ever, so perhaps today the sun will shine on SDRY? Good Luck to you guys. . . 🌞

Yo Heggy! Being an 'old PI' as you discreetly refer to me as, I would like to recommend two stocks (yet again), that would have made you a tasty profit of over 19% and over 40% in the last month alone. I did try to help you new 'PI's' actually make some money, rather than fritter it away, in the SDRY fruit machine. But I promised last week, that I would not mention them again here. So, I won't.

My point is simply that there are better companies to invest in (and actually make some very serious money in), than this huge SDRY gamble. My final post tonight and "thank gawd for that" I hear you cry! Keep smiling as it's all a good larf! 🤣ATB🤣