Well I am assuming the Russian Ruble will crash, causing many Russian related stocks to crash further, especially the banks due to the SWIFT news. Not sure what the play is, I am assuming my BP holding is gonna take a big hit due to everyone calling for them to sell Rosneft stake (which would likely be at rock bottom prices) or in the worst case Russia will start to simply repossess many assets and holdings of foreign companies in Russia.
When thereās blood on the streets you buy in the Markets but I honestly pray that not many die in this pointless invasion. We know some willā¦
Hoping LGEN drops to top up and will likely buy more Jungheinrich as the German Market is worried about Nord Stream 2.
Annnndddddddd, its gone⦠Not sure exact details if just gonna be lost value or a sale yet new just out.
Weāve finally start experience strong drop in the market
cheers Mr Putin itās still worse for Russia ![]()
Anyone know any good inverse ETFs for hedging indexās?
Do you own research, Iām not clear on it. But VOOL I believe works a bit like that.
What are you hedging against that time and diversification canāt solve? Unless of course age, and youāre perhaps nearing retirement.
Itās more tbh Iām anticipating a drop and would sell once itās near what I perceive a bottom.
Fair enough! This is in the āinvestingā channel which is why I asked. Taking a trading approach, why not. Best of luck. Iām taking the other side of the coin, trying to buy on the way down to bring my average buy price down.
Iām doing a lot of that also. If you fancy a big gamble look at McColls Iāve put pocket money on it.
Agreed, for any of us who are long term investors many of our holdings will be beaten down, great time to keep adding that regular cash each month/week and just let them run for years.
Following your suggestion of McColls being interesting I had a look through the RNSs (on LSE) and their accounts on a general website.
I saw that they have shut down the less profitable/unprofitable stores and that they are in the process of converting a significant portion of their stores into Morrisons branded stores, which they expect will have greater revenues and margins.
Short-term I can see how it can work due to the strong Morrisons brand but it means they will depend on Morrisons long-term.
The company has large debt and with very limited cash flows likely to come in the next few quarters they may go bankrupt⦠However managers invested several millions in a share raise at 20p a few months ago and the share price has since come down to 4p so managers thought the company was worth more.
It might be worth a very small punt, say ābeer moneyā, as the risk of them going bankrupt is high with how quickly they have burnt the money of the share issue. Very high risk.
2.17p, still in business. Managers lost 90%?
Mccolls popping? Hmmmmmmmmmmmmm
Hope you only bought shares recently ![]()
My average is about 4p. Itās a pocket money gamble.
Holly sheeeez just looked at HL, how did i miss that?!!! whatās going on guys??
Seen this?
McCollās convenience store chain on brink of collapse McColl's convenience store chain on brink of collapse - BBC News