So, got shares in a company basis for 5 years but they dropped 13pc in last week and media saying bearish for a while. Do I stick or sell and re buy when they hit rock bottom? For example, stock bought at 178usd now it's 165usd with some saying it will drop to 125usd before going back up. It's my main ISA so important.
stocks and shares losing positions thread
- Thread starter Bald King
- Start date
The Great Soprendo
Striker
You're asking us to advise on share trading without any details whatsoever about the company (or companies) involved. It's a bit of a tall order.
As a general point, if you knew where rock bottom was on any given share and could buy at that point, you'd be a billionaire pretty quickly.
Bob Fleming
Striker
Why are you dabbling in this when you clearly have no clue about it?
SAFC Wilks
Striker
You should probably consult a financial advisor about this.
crudeFool
Central Defender
If they are worth $125, then they'd be that now, rather than $165. No one knows what's going to happen. If you're happy with your purchase, keep them for 5 years and stop looking at them, otherwise you'll end up with a stomach ulcer. If you worried about them and think they'll go down, sell them.
Rather than buying individual shares, if you want to reduce your likelihood of getting an ulcer, stick to a a world index fund.
Rather than buying individual shares, if you want to reduce your likelihood of getting an ulcer, stick to a a world index fund.
Wild Card
Winger
Consider yourself lucky, the company I invested in had been shorted to death and 90% of the starting value has been killing.
The only thing keeping me in is the company produces improving results each qtr but it still gets walloped by shorting pricks.
The company you are in, what is their market? What does the future look like? What is their gearing and balance sheet like. Are they likely to succeed?
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Bob Fleming
Striker
OK that's fair enough. Personally I'd have learned it before putting me ISA in to it
Isn’t there platforms where you can do dummy trades so that you can get a bit of experience first ?
Know a fair few people who have gone head first into it and been stung badly .
Well. I have read as much as I can but if a stock drops it drops! It's about what you do.OK that's fair enough. Personally I'd have learned it before putting me ISA in to it
ib ave done all that and made a for bit on cannabis and silver. that profit went to AMD. AmD so far suck!
So you’re only losing your profit which isn’t too bad .
Or is it capital and profit
The Great Soprendo
Striker
Is this the same AMD that is up 79% in the last 12 months, and 472% in the last 5 years? Advanced Micro Devices, Inc. (AMD) Stock Price & News - Google Finance
Tech stocks do fluctuate as lot (look at Tesla for instance) but over time surely this is still a winner, most likely, and you should have made money on any investment over the last few years. Semiconductor demand is only going to increase.
Also how did you buy them at $178 when they've never been that price over their entire history (apart from briefly in the last few weeks, when they topped out just above $200, and which they have now slightly retreated from). Stocks are very rarely short term plays for the home investor, so if you're looking for some advice (and I'm far from an expert), it would be to sit tight and stop worrying about them.
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Joe Public
Striker
Xcite Energy
i just bought in last 2 weeks and it's dropped ever since.
yes I will do.
The Great Soprendo
Striker
Ah, I thought you bought 5 years ago. What was the 5 year bit of your original post then?
I'd still probably hold onto them, unless I really couldn't afford to lose the money, in which case I'd cut the losses now. If you've put a large sum into one company in an ISA, it's a very risky strategy, but you might still be better off waiting for it to recover, which it most likely will in due course. Think of it as a long term investment (assuming that's what you mean by 5 years), and stop worrying about it in the meantime. I'd guess AMD shares will be considerably higher in 5 years time than where they are now, even if they do drop in the meantime...people are daft for tech shares and worst case scenario they will look good value compared to the rest of the NASDAQ if they fall and the rest of the market rises (as it is almost certain to do).
Otherwise, I'd just be investing my S&S ISA money in broader funds, not individual stocks, unless you do a lot of homework and spread the risk around a number of different ones that offer some protection.
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Old Prestonian
Striker
Ha'way the oil!
The Great Soprendo
Striker
Caveat: I don't really know any more than you do, so make your own choices!
bobster999
Winger
You've put your ISA into gambling and don't know anything about it??
