Share Jinx

A_Flock_Of_Sheep

I am sure I am a share jinx. Why is it when I purchase shares the next day they drop yet for previous days and weeks they have risen.

Tesco. Purchased these. Next day they dropped by 8p a share yet had risen prior to that.

National Grid. Purchased yesterday. Now down 2p yet previous day had a significant increase. Most frustrating

grey_gym_sock

those are not very big daily falls.

about 0.3% for NG, which is probably less than its average daily change (which is almost equally likely to be up or down).

tesco is a bit more - almost 3% - but still not a huge move. was that on the day their results came out? as shares often move more when results are out, even if the results are more-or-less as expected.

unless you're going in for very short-term trading, these will be small moves in the long run.

Lokolo

https://www.google.co.uk/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1367320151336&chddm=97750&chls=IntervalBasedLine&q=NASDAQ:TSLA&ntsp=0&ei=T6Z_UdCFLajGwAOzugE

Better than regretting selling at $35 after making a 15% profit!

Conrad

As an amateur share investor myself I simply do not have the inside information required to make forensic investment decisions, so all I can do is buy based upon limited info and then take a long term view. Watching daily prices is a nonsense unless your a completed committed and able trader.

I just buy and forget and take a long term view. Personally I would not usualy buy high priced shares like those of Tesco. Instead I go for unpopular companies such as RBS and a while back, Barclays.

westy22

Flock - Please let me know what you're buying next so I can 'short' it

A_Flock_Of_Sheep

Tesco went ex dividend and the price dropped 8p. National Grid have enjoyed a strong rise but drop the moment I get involved. Grrrr.

On HL tesco say ex dividend. When do they become non ex dividend again? It looks like becoming ex dividend drops the prices on shares

Masomnia

Yeah but you're entitled to the dividend!

Masomnia

So if you bought the shares prior to 24th April and were holding them on that day then you're entitled to 10.13p per share which you'll receive on or around 5th July. Shares normally drop by the dividend amount, so if it's gone down by 8p you're actually up on the deal.

atush

That will be the explanation- it going ex div After you bought, so you'll get the Div.

In any case, if shares ALWAYS go down just after you buy, you may be buying into mini-bubbles caused by a rec in the weekend papers perhaps? So be careful how/when you come into your buy decisions.

And if buying for growth, not income do look for the ex div date before buying, and buy on the dip?