Member Info for stocksr

Yes PJM, charts moving into disappointing phase again, spell of rising highs has petered out, more like flattening or even falling highs at present, I have a sort of loyalty to SMT because of stellar performance a few years ago, I should have sold a few more at the peaks, hope the managers will sort our the portfolio, selling doesn't make sense ie likely losses, so on balance will hold or even buy some more if they go down to 700, wonder what Buffit would do?

Good day Mr Americano, you will have sold at a low, and buying at a high, happy new year..

Yes Tambo, looking at 3 year chart, it's a hold or sell 10% to mobilise some cash, we should have bought at £6 back then, but it's an act of faith to buy low!

I'm holding my breath, but look at 2 year chart, 6 m chart is more flattering, however does seem to be a rising high pattern, quite a way to go before we reach the sunny uplands of £14

Telegraph says buy, most of my purchasers around 10 t0 13, should I buy now or hold and wait?

Quite agree lol, was supporting your role in widening scope of discussion ie other ITs and equities, I don't have much knowledge of individual shares held in SMT, and was a fan, my patience is being tested now, but can't face selling at significant loss, did make gains a few years back, what would Warren Buffet do?

I have to day lol and others this is the most wide ranging financial blog I have seen, ranging from SMT to other ITs and equities, from different geographical areas and sectors to fixed rates savings accounts, who would have thought it, I will hang on on to SMT, note rising lows, and consider putting some languid savings into Lloyds, especially as I have a bank account with them, otherwise whiling away a Tuesday evening...

Anyone know who is Sarah Lowther,? her videos keep breaking into my activities on this site...

Quite a lot of rude remarks on this chat...

Bought L%G global tech, Blackrock frontiers, Vanguard ftse europe, they've slipped back a bit since last week, but not as much as SMT...!

Hello LoL and sugarbabe, fella and others, it is so difficult to leave SMT after its fab performance a few years ago, however I wonder if the managers should rearrange their holdings somewhat, although I am a SMT fan I have sold some (never would I sell out), and taken profits from others such as Greggs and Ashtead with reluctance, and bought into some ITs that cover emerging markets, UK smaller cos, US non tech, and far eastern markets, already within a week my portfolio has gone up by 5%, and yet I have a significant SMT holding, perhaps the managers should rearrange their holdings accordingly, sentiment should not get in the way, although I am still holding on to SMT somewhat, if I was ruthless I would sell all all, but I just can't do that !..here's hoping, more diversified

I have been following this thread for years, and occasionally posting. I am kicking myself for not selling some shares at about £14-15 , having bought most of my holdings at about £8 or less, several years ago. Sheer greed. I did sell some at about £7 a few months ago anticipating a fall, with a view to buying back in again, but the chart looks bad. I have or did have faith in this IT, and have always preached the mantra to friends and family that you need to take a 5 year view, but with a significant portion of my portfolio tied up in SMT, I wonder weather to sell half and buy elsewhere (where?), sit tight, sell 20% to raise some cash for further purchases, or go away and stop worrying. It does seen that every other IT and equity holding in my portfolio has done quite well in the last year, and yet I have a misguided sense of loyalty towards SMT based on the stellar performances of the SP not so long ago. Thank goodness my pension is not tied up in it, just an old ISA from which I have moved on. Loyalty doesn't always pay dividends in more ways than one...

With you at 4.30 Heck, cannot wait, then I'll be piling in....

Oops, sorry LOL and CP, don't want to mislead, and wouldn't want anyone to follow my prediction/guesstimate , just allowing my natural long-term enthusiasm and optimism to overflow into my post, I will lay quiet and observe from a distance, best wishes...

Surely top up or hold now unless bought at 1600 or so, will be 2400 in 2 yrs time..

Yes waiting for a rising high to restart buying opportunities rather than falling low, think we might be close on current chart....

Another excellent buying opportunity, i'm piling in,what is not to like if you take a 3 year view

Why are people selling SMT?- look at share trades! either they have made a significant profit (possible if bought at £5), or they need the cash after looking at 6m chart, and panicking after seeing fall from £15, should be looking at 3 or 5 year chart, clearly fund managers have made adjustments to portfolio, and my view is that this is a strong hold or buy- I bought a few days ago at around £7.60 and will add more if sp drops below £8, happy long-term investing....

Excellent news, rather flat for a while, although 3 year chart good, was thinking of ditching but on basis of news, will top up!

AllatSea- It's not too late to buy back in with minimal loss, this short term loss was related to covid economics and Ukraine conflict,also Stock Market swings, as you know, but if you take a 3-5 year view it's a great share; I bought at about £21 -30 drip feeding, based on a Warren Buffet recommendation, and his mantra was, and is, if an equity has good fundamentals when you buy, then you should ride the ups and downs, which will rise and fall parallel with the market, but the rises will outperform the falls ie stick with it, perhaps sell 10% when very high, buy again at the dips. Buffet also advised buying a business you could understand ie manufacturing of essential items-ie consumer staples, services, cleaning materials, not obscure conceptual companies selling something one cannot fully understand eg Arts, entertainment and recreation, rental and leasing,, Finance and insurance, Professional, scientific and technical services. Less than £50 would be good buying opportunity I reckon......