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SHARES

Started by BoroRedKen, September 03, 2024, 02:01:30 PM

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BoroRedKen

Anybody clued up?

4 years ago i bought a couple of hundred quids of shares in a little VPN company.

Not for anything other than to say i had gave it a try but have fairly recently found out them 200 quids worth of shares are now at about 1.3k!

A grand would give me some serious breathing space at the min. Would really clear a few millstones.

Is it worth cashing in just for the "space" it would give me? I know its risk/reward but surely clearing a few things now would be just as beneficial to me as 2k in a year.?

It was not that long ago i considered a grand in the bank as "chump change". Fast forward 3 years and its like winning the lottery.

Is this something i should do to ease some "mental health" pressures now?.

My own thoughts? Breathing space sounds fucking immense to me!.

Opinions?

BoroRedKen

BUT......

With Brazil now banning X/Twitter are VPNs about to explode?.

BoroRedKen

Howay SG!

VPN's and the world usage should be in your wheelhouse.

Can it get "bigger"?

tonyangelino

It's your choice Ken. If you cash out and they plummet, then happy days but the opposite is not so good. It's a gamble.

LIDDLE_TOWERS999

GET EM CASHED MATE....UNLESS YOU GOT SHARES IN A COMPANY THATS GONNA BE ALWAYS ON THE UP....ITS A RISKY BUSINESS...MY MATE HAD SHARES WITH PREMIER OIL A SMALL INDEPENDANT COMPANY AND HE LOST THOUSANDS NEARLY OVERNIGHT 👍
GET WELL SOON STEVE G

BoroRedKen

It makes me realise what a smug twat i must of been a few years ago.

Had no worries etc. Coasting through life without a care in the world then BOOM!.
How quick it all crumbles is astonishing.

1 nicking was all it took.

This is why i hope you all get and understand my "passion" that if i have anything to do with it i would not wish it on my worst enemy (Ok maybe 1 person tbh) and will do my hardest to make sure it dont happen to anyone else.

If my trial was just 2 months later i could be doing a 2 stretch now.

Remember i was originally charged with "incitement".....

Nosmo-King

Apparently shares in this sector regarded as moderate risk. To me if there's a need cash in, Ken!

Poolielad

Remember sirius minerals!!!!!!!!

Blott

Quote from: Poolielad on September 03, 2024, 02:35:20 PMRemember sirius minerals!!!!!!!!
you beat me to it. There was a lad on the other place who told in fact insisted that people bought them.

My boss at the time told me they were a certainty as they had employed a new top engineer.

I stayed well away.

The only shares I have ever bought have been on share schemes with work.


redpete

I bought some shares last year in Marks & sparks , was under a grand but I found myself looking at the share price hourly, I can get a bit compulsive with things like that.

In the end I made a couple of hundered quid profit cashed in and vowed never too look at the price again and still haven't.

So if you need the cash do the same take the profit and move on.

spottygiraffe (Moderator)

Hello! Lol sorry been doing a KIT day at work.

Can you take out £1k's worth and leave £300 in? That way you've taken out your profit for now, and left your original value in + a bit extra. Then if they do increase in value you're not fully losing out.

Pete's right in what he says about not looking if you do cash them out though, don't torture yourself!

Hound

What's the company name?
I will have a look and give you the best available advice,
All the shares I buy plummet and all the ones I sell soar.
So if I tell you to keep them, get rid of the bastards like a hot potato.

Blott

Quote from: Hound on September 03, 2024, 03:19:49 PMWhat's the company name?
I will have a look and give you the best available advice,
All the shares I buy plummet and all the ones I sell soar.
So if I tell you to keep them, get rid of the bastards like a hot potato.

that describes me. It's why I keep well away from giving advice.

Too Much Perspective

If you need to, then cash in.
If it's a cybersecurity company that provides VPN services, then all it takes is one big breach and things can go a bit tits up. I lost a fair bit on Crowdstrike the other week. Personally, I wouldn't want too many eggs in that kind of basket. 

fukyu

Take your stake money out then you've lost nowt.I have a shares portfolio with redmayne Bentley.I have no clue what's in it but I'm in front at the moment, could all go tomorrow.

Poolielad

Quote from: Blott on September 03, 2024, 02:44:03 PM
Quote from: Poolielad on September 03, 2024, 02:35:20 PMRemember sirius minerals!!!!!!!!
you beat me to it. There was a lad on the other place who told in fact insisted that people bought them.

My boss at the time told me they were a certainty as they had employed a new top engineer.

I stayed well away.

The only shares I have ever bought have been on share schemes with work.


I got hit for 4ks worth, a drop in the ocean to some, I got greedy, at one point they doubled in price to what I paid....But you always think shares are going to rise and rise and get a bit greedy.........Hindsight hey!!

LIDDLE_TOWERS999

IM GLAD MY ASTRA ZENEACA SHARES KEEP RISING....BIGGEST SHARE COMPANY IN BRITAIN NOW...WORTH NEARLY 400K AT THE MINUTE....PASCAL HAS PLAYED A BLINDER 💪💪💪💪💪💪💪
GET WELL SOON STEVE G

Blott

Quote from: LIDDLE_TOWERS999 on September 03, 2024, 04:33:57 PMIM GLAD MY ASTRA ZENEACA SHARES KEEP RISING....BIGGEST SHARE COMPANY IN BRITAIN NOW...WORTH NEARLY 400K AT THE MINUTE....PASCAL HAS PLAYED A BLINDER 💪💪💪💪💪💪💪
I knew you would back another winner old man.


It must be good.

LIDDLE_TOWERS999

Quote from: Blott on September 03, 2024, 04:51:41 PM
Quote from: LIDDLE_TOWERS999 on September 03, 2024, 04:33:57 PMIM GLAD MY ASTRA ZENEACA SHARES KEEP RISING....BIGGEST SHARE COMPANY IN BRITAIN NOW...WORTH NEARLY 400K AT THE MINUTE....PASCAL HAS PLAYED A BLINDER 💪💪💪💪💪💪💪
I knew you would back another winner old man.


It must be good.

WHERE NOT MINE...OLD MAN GAVE ME THEM....HE WAS AT ICI FOR 25 YEARS 👍💪👍
GET WELL SOON STEVE G

RiversideRifle

Cash your profit and leave your stake
UTB

Hound

Quote from: LIDDLE_TOWERS999 on September 03, 2024, 05:01:26 PM
Quote from: Blott on September 03, 2024, 04:51:41 PM
Quote from: LIDDLE_TOWERS999 on September 03, 2024, 04:33:57 PMIM GLAD MY ASTRA ZENEACA SHARES KEEP RISING....BIGGEST SHARE COMPANY IN BRITAIN NOW...WORTH NEARLY 400K AT THE MINUTE....PASCAL HAS PLAYED A BLINDER 💪💪💪💪💪💪💪
I knew you would back another winner old man.


It must be good.

WHERE NOT MINE...OLD MAN GAVE ME THEM....HE WAS AT ICI FOR 25 YEARS 👍💪👍

One of my relatives had a load when them and ICI split the shares in half.
He'd be a millionaire now, but no doubt they would have been cashed in many times between then and now, can't believe the price of them now. 😳

Blott

Quote from: LIDDLE_TOWERS999 on September 03, 2024, 05:01:26 PM
Quote from: Blott on September 03, 2024, 04:51:41 PM
Quote from: LIDDLE_TOWERS999 on September 03, 2024, 04:33:57 PMIM GLAD MY ASTRA ZENEACA SHARES KEEP RISING....BIGGEST SHARE COMPANY IN BRITAIN NOW...WORTH NEARLY 400K AT THE MINUTE....PASCAL HAS PLAYED A BLINDER 💪💪💪💪💪💪💪
I knew you would back another winner old man.


It must be good.

WHERE NOT MINE...OLD MAN GAVE ME THEM....HE WAS AT ICI FOR 25 YEARS 👍💪👍
stop being modest old man. You know you are a winner.