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To sell, or not to sell.. royail mail shares on monday

:mad::mad::mad::mad:

advice....
«13

Comments

  • Hermann
    Hermann Posts: 1,425 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Sell them if the price suits you.

    Keep them if you want them for a long term investment.

    If you're asking what's going to happen to the price short term then nobody can give you advice on that. The best you'll get is a guess from people how actually have no idea what's going to happen.
  • blinko
    blinko Posts: 2,523 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    sell them...
  • MABLE
    MABLE Posts: 4,249 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 13 October 2013 at 10:28PM
    I was pleased I sold out at 4.58 on Friday and as they say always leave something for the next man.

    My feeling is that the big institutions may now take a back seat for now awaiting the outcome of the strike action and the price will by governed by the small sellers.

    After all if the strike does go ahead this may well cause the share price to drop and an excellent chance to buy at a more reasonable level.

    Bearing in mind the uncertainty at the moment and the share price still at the 4.50 level I would certainly be temped to sell in your position.

    You are talking about a 36 percent gain. Pays not to be too greedy.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sell them.
  • jimjames
    jimjames Posts: 19,281 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    blinko wrote: »
    sell them...

    Buy them :)
    Remember the saying: if it looks too good to be true it almost certainly is.
  • KsN2vwe.jpg
  • Don't waste time worrying.
    There is no guarantee your broker will be arsed to answer the phone or have a decent enough internet server for you to sell them anyway. maybe when all the fuss has died down you can make a trade.
  • Ologhai
    Ologhai Posts: 239 Forumite
    Part of the Furniture 100 Posts
    MABLE wrote: »
    I was pleased I sold out at 4.58 on Friday and as they say always leave something for the next man.

    I'm puzzled. Are you saying that you sold at £4.58 on Friday out of the kindness of your heart and your concern that the person who bought them might still have some profit left to make? (Putting aside that, at some point in the chain-of-altruism that you've kindly started, someone--maybe even the person you sold to--will buy at what is to be a peak and... well, their loss will be your gain.)
    MABLE wrote: »
    You are talking about a 36 percent gain. Pays not to be too greedy.

    Ah, I see. You're back onto greed again. It's nice to know someone has finally worked out where altruism ends and greed begins. Apparently it's at 38.79%. Good to know. :p
  • MABLE
    MABLE Posts: 4,249 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ologhai wrote: »
    I'm puzzled. Are you saying that you sold at £4.58 on Friday out of the kindness of your heart and your concern that the person who bought them might still have some profit left to make? (Putting aside that, at some point in the chain-of-altruism that you've kindly started, someone--maybe even the person you sold to--will buy at what is to be a peak and... well, their loss will be your gain.)



    Ah, I see. You're back onto greed again. It's nice to know someone has finally worked out where altruism ends and greed begins. Apparently it's at 38.79%. Good to know. :p

    Stop trying to be a clever !!!!!!.:rotfl: It really does not suit your style or lack of!
  • Ologhai
    Ologhai Posts: 239 Forumite
    Part of the Furniture 100 Posts
    edited 14 October 2013 at 9:35AM
    MABLE wrote: »
    Stop trying to be a clever !!!!!!.:rotfl: It really does not suit your style or lack of!

    Taken as a whole, I think the posts of yours that I've seen about the Royal Mail IPO have been outrageous.

    You've implied (more than once) that anyone who applied for more than the minimum of RM shares allowed are greedy. (For example: 'unlike some greedy little speculators we have decided to go for the min amount'.)

    When questioned about this implication by another poster, you denied being a 'greedy little speculator' yourself by asserting that you bought your RM shares 'for income potential' (although didn't make clear why it's less 'greedy' to try to make money from dividends than share price rises).

    You've regaled us with an anecdote that it pays not to be too hasty as you learned to your cost when you cashed in some shares in an employee scheme too early.

    And then, despite buying these shares for income potential AND that being too hasty is a bad thing, according to you, you've sold your RM shares anyway--at both £4.51 and £4.58 apparently.

    You seem to have randomly staggered from one type of behaviour to another, and have implied that everyone else who isn't doing what you happen to be doing at this precise moment is being greedy.

    Perhaps you shouldn't be surprised if others occasionally take umbrage by the careless brush you're tarring them with, especially when you yourself can't seem to abide by the stated view from your own high horse.
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