Thelag/ ionic22 Dec 2017 18:06
Thelagerkhan that's such a pity owning 25000 Asos shares and selling them , but at that time you done the right thing and bagged a good profit , because I have seen loads of clothing companies fold with one bad year off losses , and I always new they were very risky long term, but to think you could be worth £1.7 M if you had held on to them makes me shudder with a OMG moment.
Still fum just might surprise us all , none of us are mystic meggs and we all have made good and had choices?
I have seen that many companies tread water for months and years like fum and then take off never to see a low share price ever again,
I remember acorn from which ARM was spun out from and I couldn't get that saying out of my head , from small acorns big things grow,?!!! and read about how good the arm division was but still wanted the quick profit and didn't invest at all ,and that saying I never forgot!!! , and it was snapped up for £24 BILLION LOL
So its true a few thousand pounds here and there in companies that are recommended with potential should pay off long term.?!
My only reservation now is a market correction is well overdue in America and = the rest of the world and that could hit sentiment.. but if fum have indeed hit the jackpot with med202 and all along its CEO has thought that it was possibly the most valuable asset they had , then any market correction will make very little difference to fums future shy high valuation. The CEO James barder is a decent bloke and is trying his best to get shareholder value . Though it doesn't always look like that sometimes.LOL
Ionic I completely share your reluctance to tie money up long term or even invest for long terms in good solid companies with good dividends like Warren buffets stragedy!!! But what does he know LOL LOL.
I'M STICKING WITH FUM LONG TERM . Or at least for 2/3 years from now onwards,.and see were that goes .it's definitely worth the risk in my opinion.
Merry Xmas everyone