Learnt a valuable lesson here24 Sep 2019 22:01
Hi All,
I've only just joined the forum recently and been reading for the last month others comments, I've been doing fairly well from Funds over the last few years, so I thought I would try buying shares directly.
I've done okay out of shares like Saga which I think may have given me a bit of over confidence, brought into Metro and increased having seen the price going up. Managed to get some at 250, 290 and today at 190..... Each time thinking I was into a winner.
Probably down around 20k On 60K worth of investment at the moment, at first I was angry and the shorters but then realised it was my own mistake and despite warning signs I was getting too excited over what it could be. I have been taught a valuable lesson today.
The directors seem incompetent, the shorters appear to know that something is happen (meant to be illegal to inside trade) plus all the professional rampers/derampers makes me wonder if it's plain old luck whether you win or lose.
I'm now in the age old dilema wondering if this will come good or go down... can it get any worse. Probably so, but what if it gets taken over.
I've decided not to invest any more of my money until this is over and take a few months to reflect on this, I hope all the people with losses come good.