RE: Vol update at 1400 - stock only31 Mar 2020 14:27
How are buys almost doubling sells but the stock price is tanking again...
Interesting comments from BoJo on people that try to exploit the current situation I.e. people selling things at hugely inflated prices but yet shorters carry on, guess you don’t want to upset the bods that sponsored you into your job.
Saga also making a nice recovery over the last few days, got in there at 13p, now up to 19p.
Slow burner but their insurance business is doing well,. Looking after a 3 & 5 year by old, working and trying to juggle shares at the moment is too much.
I've stuck some money in some that should return over the next few months like this, would.love to get in on some of the covid treatment, testing stock but they fluctuate too much, also good to try and support some of our home grown business at this point
Just read this article, I have a bit more respect for his strategy, personally I think shorting is unethical but that’s why I will probably never be a good trader.
The bit about feeling sorry for people losing their jobs and then they added if he was willing to help... reply was no one has asked me yet.
Ultimately, everyone is free to do with their money as they want but if I was sitting on £775 million I would struggle to not help out until someone ask me too, surely the it’s the right thing to do. As I said, this is probably why I will never make a great or even average trader.
Saying that, he may already be giving to various good causes and maybe doesn’t advertise it like some millionaires.
Kept it in for now, would rather think longer term personally but in these times everything is unpredictable or at least to me, debating if I switch to taking small percentage gains or hold on and hope bottom is in or near so for some bargain.