Member Info for TheBeerStalker

Bring on a 'short squeeze'!

Been so heavily rinsed on this one that it’s not even worth selling. Certainly my poorest performer by a country mile. Don’t fancy topping up either. Haven’t a clue where it goes next, and would rather just leave it to remind me of the mistakes that can happen in investing.

Hope it is cheap. On board anyway today for first time as a long term SIPP hold. GLA

Hit target top-up price today, so topped-up accordingly. Nice to see a director bought in as well. I hope it’s not a ‘falling knife’, as I’ve picked up a few of those in the past. GLA.

I thought so yesterday, and have bought in on the dip, following the market update. Would have been happy to buy in last week at 7.20, so sub 7.00 yesterday is a buy and hold SIPP share for me.GLA.

It’s odd how some seem to take delight in knocking this company, given the circumstances in which it is operating, presumably to support their unsavoury bet/ wish for it to fail. Some people just have no standards.

Been a tricky share this one for sure. I've been in and out of it 2 or 3 times, without ever really making or losing on it. A small part of my portfolio is highly speculative, where I think this belongs, and with others in that segment currently being underwhelming at the moment, can’t justify re-entering as yet, but I will monitor.

I’m the classic example of an investor that had been patiently waiting to get into this stock for its divi, and a long term auto order filled the other day when the SP crashed. The ‘everything rally’ today saw me back at evens, so I’ll bid you all farewell, and wish you good luck moving forward, as I jumped off again, but will continue to watch with interest over the weeks to come.

It looks like some have done very nicely over the last day or so on this share. Having bought in about a year ago, and topped up / averaged down since, my experience has been rather at the other end of the scale, although I exited today much better off than I would have done yesterday. Still, a big loss crystalised, which can be offset against some other gains in terms of tax, but scratching my head to work out where I went wrong in the first place, and what I could do differently next time. A year ago, I was sure people would need non mainstream bank finance, Morses had a good refinitive rating, was paying a dividend, and generally looked like one of the sounder investments in this sector. Seems the collapse is not down to poor research, taking a high risk, but matters totally beyond shareholder’s control or knowledge. I guess there will always be the odd one like this, and perhaps the best lesson is to remain diversified, as I really didn’t see this one coming 12 months or so ago, and I don’t believe the writing was in any way on the wall back then. GLA.

@Hereshopin…..IMO the point of a message board/ forum is that posters should feel free to express their opinion, and not expect to be ridiculed or get snide responses if their opinion on a company is negative. I invested in THG, lost money, and was fed up with what I considered was the circus act of Matt Moulding, his mother etc., so bailed out at a loss. Let’s be clear here; I don’t claim to be a ‘Warren Buffet’ as you allege. I’ve made plenty of losses, and as you correctly state am now carrying a paper loss on ITM due to a mistimed buy ahead of management changes and a poor update - but so what? - because I admitted I lost money on THG, didn’t like the way the company was being run, and couldn’t see a turn around in fortunes, I got stick at the time on here back then, and get more from you now for reminding folks of it. You prove my point; say anything negative about you hero Matt Moulding and his blinking’ THG on here, and you can expect ridicule and negativity, to accompany the financial loss in the initial investment.

I got the dog’s abuse on here some months back for throwing in the towel on this share at £1.22. Apparently I was clueless, an utter cretin, a deramper with no place on this board, as I didn’t believe it was going back up into the stratosphere and voiced negativity. For the sake of clarity to those critics and those that ‘liked’ their posts, I’m not disappointed that I didn’t hang on in here. I have no opinion on where this share goes from here.

Looking a bit oversold to me, so put my money where my mouth is, buying in today. If, and it is a big if, the government provide some meaningful assistance to folks, and the leisure, hospitality and pub sector, with all the much-publicised increased energy and running costs, my hope is that share prices will move forward from these low points.

Tend to agree with you Eusebias , and put my money where my mouth is buying in today. If, and it is a big if, the government provide some meaningful assistance to the pub, leisure and hospitality sector, with all the much-publicised increased energy and running costs, my hope is that share prices will move forward from these low points.

Oh well, so much for being patient - bought back in at 215. GLA

Market is all round very tough at the moment. Buying alert triggered for an FXPO top up, which I went ahead with. A few years time, I might be very happy with this, but I accept it could on the other hand be throwing good money after bad. GLA.

@psmith64
Hope you are correct, as I jumped on board at £2.10 today. Been in it before, about a year ago and did OK, but that was a trade, whereas this is in my SIPP this time, so I am expecting to hold long term this time.

Funnily enough, it was only yesterday I was telling someone that Carnival is not the sort of share I invest in anymore, having sold out last November, making a healthy profit on an earlier Covid discount purchase. With today’s drop in the SP, I couldn’t resist another punt, so I’m back on board. GLA.

Quite extraordinary. Only 2 weeks back this was my worst performer, and now I find myself in profit. I really didn’t see this coming. Appreciate some will still be well under water, but the recent rise doesn’t seem to be based on any particular good news, and hopefully, there may be some of that around the corner, with further movement to the upside as a result. GLA.

Jumped on board yesterday. Reported financials and analysis look encouraging, but not operating in a country I have detailed knowledge of, albeit I have some Uranium stocks with facilities in this country. Fingers crossed, and a nice looking dividend around the corner hopefully.

Well in any portfolio, there’s going to be a best and worst performer, with Morses firmly rooted at the bottom of mine. There was a time when I would average down, but there’s no apparent rush to top up from what I can see. I’m just going to leave this one to whatever fate befalls it. Utter shambles of a company. Still, so long as we make more good investment decisions than bad ones, we live to flight another day.