Member Info for steviewonder77

I top sliced yesterday(10%) at 509p. Originally i only wanted 50K shares in this but with the volitivity of the SP,i ended up with 160K,so i was well overweight. So i needed to trim. I put the dosh in CVSG.

They sold on Friday ,so it looks like the market has already digested the trade

Have top sliced from 5.2% to 4.8%

Win/yeah,crazy days. Tremor was my best win ever in 45yrs of doing this. Yes,i remember "sharenicely",he was a nice guy,he tried to convince me to stay in Tremor. He sent me a video of a song "let it ride". Unfortunately he stayed and is probably well down or lost money. "The art of the execution" is one of the books i reread every few months.

Win/i will top slice on the way up ,although i wouldnt be selling anything of this now. Hopefully we can do the same to this, what we did to Tremor. We sold completely out of Tremor, im inclined to keep a lump of this long term.

Lending/investing for me is all about risk and reward. You have to be able to sleep at night ,so we all have levels of risk. As im old i should be more diversified but i just cant do it, although i do hold 25% cash. Difference strokes for different folks!

Win/ to create wealth you need a concentrated portfolio of no more then 5 stocks(i only have 4, LSEG,GSK,DT and i have just bought into CVSG) . A diversified portfolio protects your wealth. In many ways we have the advantage over the institutions but the one area we dont is with research ,they will have a team of analysts and they get to meet the management. I tend to follow people/institutions into stocks ,especially if they have been adding. Like im in this because of ML Im a big fan of Mark Slater(Slater Growth) thats why i started a position in CVSG. Of course i do some research and i have to understand the business.

I know ML and his supporters on the board want to keep DT in the UK. Paying UK taxes and helping all of us. KKR and their supporters want it taken to the US. I would love to see this stay in the UK and be a world leader in cyber security

Ivy/young,thanks,i didnt spot that. i wondered why the SP went up this morning. Im getting sloppy in my old age

A load,after hours.

Shear/,they have already made their mind up ,whatever that may be. As for internal meetings and procrastinations, they are probably taking their dog for a walk in the park. As they all work(dont make me laugh) from home.

Shear/yeah,take 2 months and leave companies in limbo. It should be 2 days maximum.

Win/remember the the "Hitler Diaries" in the Times. The worse one is the Financial Times. I have very little faith in our media. Whatever the outcome of the court case will be good for DT because it will take away the uncertainty. I have forgotten the amount Invoke put into DT(i think it was 20%) at the start up ,so i cant see any comebacks on DT

Monk/ive been buying this daily ,today i paid 933p. I have my position now ,so i shall wait for the report. This isnt being shorted ,so theres no selling pressure .None of the big institutions have been selling The world and his dog knows this is dirt cheap. So its all now down to the report.

Brillo/ whats with the negative vibes? Im also holding DARK,they will be in there and will have it sorted, in no time. It looks like the SP is going nowhere until the report comes out on Thursday.

Lending/Jesse famous quote was "the trend is your friend". Your right he was was a "trader". He gained and lost a fortune a few times and came to a sad end after he lost everything. All these young ones on this site who think they can time the market should take note. I have never used TA. When Buffett started out,he used TA . Meeting Ben Graham changed his strategy. Sure Mr Market gets it wrong but it corrects allowing us to make a few bob.

Iron/ive been doing this a long time. Ive come unstuck a few times but they pale insignificance with my winners. Thursday is a big day,i should have my position by then. Then if it goes up,its a long term hold. If it gets beaten up,i will end up with a bigger position. GLA

Lending/i dont try to time the market. "the market is never wrong,our opinions often are" (Jesse Livermore).If it goes down ,i will see it as a buying opportunity and buy more. The big danger is the whole market comes off,we are due a correction. Thats why like Buffett i keep 30% in cash,so i can take advantage of a crash/correction

I will be filling up my Sipp and ISA with this on Monday. For me this is a strong buy,(25% undervalued)

Iron/i agree. Im not too worried ,what ever effects us will effect our competitors to some degree. In the long run it might be beneficial for us. As for the SP ,it will depend on earnings ,if the earnings are ok the SP will rise. I would like to thank the CMA because they have given me the opportunity to buy this cheap