RE: Barclays - a hold till April 28th???23 Apr 2020 13:32
thanks, yes, i did have a skim read....... prob is, currently, i'm still working, full time, not furloughed or off social distancing etc as am laptop office jock in a planning dept working from home........so, dabbling here and there is like a hobby. i was a Balfour Beatty follower.... over the years seen that drop and rocket from what i saw as unfair market trading..... but recall banks got savaged years ago, and Barclays did well after..... 50p to over 300p over time. So, i think Barc defo under valued at under £1..... i'm sure people bought at £1 and £1.01 etc when it was going up hoping that wave of a rise would put them on the way to £1.10 and above..... same as the next wave bout in at 98 and 97p, to then see it drop towards 86p...... so a waiting game then commences...... or indecision..... do i sell, hope it drops further, then buy back in, get more stock for the money, and when it rises, get back some or all of the original funds earlier (on a lower price than just sitting and feeling like you've done nothing)..... so here is the learning curve..... waiting patiently..... harder now, cos we are all home etc..... nail biting and trying to be busy......
so to me, i watch, sigh, smile, cross fingers, watch price pop up, (like first thing this morning, could have seen 40k mark on my funds...... then within 30 mins, it's at 39,200.... so i'm still 700 quid up, not huge but it's a gain.... so i don't complain)
If i had sold, to have that 40k..... and be 1500 quid up... i'm sure, at 86-87 i would have bought back in again.....
i think next week, Barc will do ok, COVID is happening, plunge happened to hit low 70's weeks ago, divi news has been taken on the chin, and so it's about balances and what going to go out vs what's coming in.
i think, i will be into Barc before C.O.B on 28th and IF i have time, read as much about it all as i can manage.....
i'd like to go out, do things, leave 40k sat there at 88p ish a share and someone knock my door to say, sell it's at 140p.... wedding paid for... and some left over..... then wait for a new drop, be it Barc or BB....
markets ....... no one ever actually knows.....
good luck all,
ps, please do keep up the posts for wins and gains etc, i do like to read about the success people do get.
thank you,
be safe, take care,