Standard Life Shares

CarUser_2

Sell them, I did ! I didt buy them in the first place. I got around £2.70 per share.

baby_boomer

Falls to 239p .

Insurers' fears of the effects of increased longevity was in the news last week

Yorkshireman_3

baby_boomer wrote: »

Falls to 239p .

Insurers' fears of the effects of increased longevity was in the news last week

increased longevity--- ((prolonged duration of life )-- ?? is that a bad thing?

david69_2

I'm glad i kept hold of these £2.25 now :rolleyes:

10_66

Just when you think they've reached an all time low, the go lower - £2.11 now!

Old_Slaphead

baby_boomer wrote: »

Falls to 239p .

Insurers' fears of the effects of increased longevity was in the news last week

Is there any connection between these two comments ??

cheggers

£1.92 a share, any lower and even with my windfall shares and the £1500 worth of discount share I bought, these are going to a right bad investment.

Should have bailed at £3.00 but I held out for my bonus shares then it went tits up.

Lets hope they can recover.

jackandvictorclansman

Sorry totally new to this - why is the share price dropping? Is it worth keeping hold of my shares a little while longer to see if the price rises or shall I sell now? Thanks

VX_Foxy

jackandvictorclansman wrote: »

Sorry totally new to this - why is the share price dropping?

Cribbed from Share Crazy newsletter:

THOUGHT FOR TUESDAY 22ND JANUARY 2008
From top share author MALCOLM STACEY



Hello Crazy Cats,

Ouch! That was a nasty drop.

And what caused it? - hardly anything. No terrorist action (thank goodness), no profit warning by a giant, no huge fraud?

It was fear in Asian and India of a recession in the USA. Well, everyone has been worried about a possible recession in America for many months now. So why the sudden lurch?

Especially when the fall came on a day when the Government announced they were saving Northern Rock (NRK). That should have cheered sentiment everywhere.

Well, you have to understand the primary motives in Crazyland, gang. They are fear and greed. Greed usually wins out, but when it doesn't fear gathers speed faster.

Fearing that the shares may become worth even less as the session went on, caused fast selling. And you have to understand that greed was the prime motive for the fall in share values - not a fundamental cause or a piece of particular nasty economic news.

We cannot do anything about this sort of thing. But by way of consolation, I find that every time fear causes a big movement down, it is usually superceded by the other negative emotion - greed. And so there could be a recovery spread over the rest of the week.

I could be wrong. I am an optimist. I did not sell loads of shares during the fall. If I had done, I could have bought loads more shares back for the same money. I am kicking myself. I often do. But then the fall could have reversed, leaving me out of pocket.

There is still time for the reverse to come. There always is. I might not lose as much this week as I thought. Rocking on!

http://www.sharecrazy.com/dailies/tftd/index.html

Don't sell now!

full-time-mum

Haven't looked for ages but thought I'd see just how bad it was!

Never mind, we've got 8 years until we need to pay off the mortgage.