Member Info for steviewonder77

Shorting is a mugs game,you can seriously come unstuck. Hedge Funds do it in packs and even most of them lose money. Im a long term value investor, ive only invested in 57 stocks(im holding 6 now) in nearly 50 years. Buy quality at the right price,do nothing and let compounding do the work.

Oj17/are you for real? there are many ways you can short a sector, Buying inverse ETFs,,Put options or CFDs.

Sparz/ It wasnt" herd mentality". You have just witnessed a classic "short attack", their objective is to create panic ,damage reputation and profit from the falling SP. Hedge funds have made billions in the last few days ,its normally aimed at one company but in this case it was the software sector.

JackDawr/ no damage has been done. Its been going for over 350 years ,about 25 as a public company. Its quality, well run with quality investors. It makes me laugh that they think AI will negatively affect us, when Microsoft owns 10%

Grezz/when i look back over the years, buying in these situations is when i have made the big money. I love a crash, its a buying opportunity. Investing is all about buying quality at the right price and doing nothing. If it falls further ,i will buy more

All the software in the US have been sold off,,index funds ETFs just sell regardless.

Grezz/ive just topped up, i expect the fight back from management will start after trading

They are probably too busy reassuring their institutional investors, i expect they will after trading. I will not be selling any, only buying

No, just experience

Boston/ im over a £100K down and im not worried!!

Earnings and Fundamentals count for everything. The freefall in the SP will be a opportunity to buy quality at the right price.

Boston/i am also holding LSEG and RELX. I couldnt careless about the SP. I dont need to sell, i feel sorry for those that are selling today at a loss. We only LOSE or GAIN when we sell. I bought a part of a company and i cannot see anything wrong with the fundamentals of it. If the earnings were 12% down today i would be worried. If the falling SP bothers you, dont look at your portfolio for a few weeks

Hjki/totally agree. RELX have excellent consumer relations. Will competition affect earnings going forward, i doubt it.

Ata/you only get crushed when you sell. You can bet your life Nick Train will not be selling today

Ive been investing for nearly 50 years. There isnt much i havnt seen in that time. Todays events ive seen many times before. The one thing i do know is the SP is not the company. In times like this i remember Ben Grahams quote "In the short term the market is a voting machine and in the long term its a weighing machine" Eventually the SP will follow the earnings. All what is going on is speculation.

Its not about America. Its about software and the affect A! will have on it. I am not a shareholder here but i do hold LSEG and RELX, they are experiencing the same problem

Trek. What your doing is what i call," trading within a trade" i do it often ,take GSK for example ,its shares are normally high in the winter and come off in July/August. So you would top slice, sell 20% now and buy them back in August. If it keeps going up you still have 80% invested, so its not the end of the world .I dont play that game with the likes of Liontrust as its so unpredictable, just one RNS stating flows have reversed and this can double in a few days. We all have our different strategies depending on temperament and risk aversion.

I bought a few more today, this is a long term hold for me ,hopefully i will never sell it

I feel the same being at a 45% loss but there is no way i would sell any at these levels ,in fact i added a few more today. I have so much of it,it didnt affect my average by much,i did it more for psychological reasons.

The fundamentals of the company have not changed. Only time will tell the effect AI will have on the company. in the mean time we have a falling SP on investors betting the effect will be negative. My average is £77 if it goes under that i will be drip feeding money in.