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to encourage buying is one reason... MM's make money in any direction and have to feel the market sentiment. Today, sentiment is low across the board hence so much red everywhere. Similarly, they can push the price up and then pull it down to encourage selling (shaking the tree)
Got back in today at 36, this afternoon as it retraced. Have kicked my a**e repeatedly over selling initially at 26p making nothing at all some while back as I needed the cash to put elsewhere and while I did make a profit elsewhere I would have been better sitting tight and taking the easy ride... impatience can really bite
I'd say I wont do it again, but I am 100% certain I will. Anyway, back in for now and hopefully will see more blue tomorrow GLA
I topped up today at 79 so am feeling a little smug... at least until I topped up again at 86. Still overall, I am a long way up and believe strongly in this share. Not sure we'll see sub 80p today tbh but who knows what tomorrow will bring?
I do believe this has real legs moving forwards and am thinking 100 plus as my target over maybe a month or two conservatively and on that basis is buying at 80 that much worse than buying lower 80's?GLA
Correct Norbertinho
When you short, you are actually selling something you don't yet have, but it's important to close the position before you have to settle so you would then effectively buy the equivalent of what you have sold. You make money therefore when the price goes down as opposed to the traditional buy then sell and make money on the way up.
It's complicated and scary, so I wont be doing it ;-)
Sorry, I cant give you advice on this apart from to say do your own research; there are plenty of people who will ramp this up on message boards and tell you they believe its going to make gazillions but guess what, it's because they hold already and you can bet your bottom dollar that they will be out before you.
Greed is subjective to be honest... can you afford to invest more (or lose)? Are you diversified? Do you have a Stop Loss? There s a psychology behind investments and it can get very emotional when dealing with your own money so be calculative about it and enjoy the upsides, but tolerate the downs too! Good Luck
Oh and by the way, do I think this will rise further? I bloody well hope so, cos I'm thoroughly enjoying it ;-)
my app has been super slow this morning; I can only assume it's something their end, but really frustrating
W the actual F has happened... I looked at this about 4pm as I was finishing for the day, then just happened to glance at the best performing of the day to see this on top... checked the price and boom! to say I'm happy is an understatement. Roll on next week :-)
Glad it's not just me panic selling... I bought back in again yesterday losing a couple of pence and dealing costs but still maintained a good profit. My feelings were that I saw more than just a few pence additional profit in this share so if you feel that this has got some way to go yet, which I do, then buy back in. If you think the additional profit by buying back in is nominal then wait to see if there is a drop. GL
hi all, newbie to the chat here... looking good here. Plenty of big buys going through and still a month or so until air travel really starts again. I'm in on this for a long while yet
thanks Hitch, I have a core holding, but am having a little "fun" with a few, AML, DLAR, IAG etc...
Just toying now with the buy back of AML
morning all... newbie here. I have been watching and following with interest and already traded this share a couple of times quite successfully as we saw the last rise above 60. Must admit, I panicked this morning and sold up thinking the price might soften given the last two days of blue. Just toying with biting the bullet and accepting the cost of buying back in pre lunch. currently kicking my a***