Debate House Prices


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Foxton's Share Price dropping rapidly

1679111227

Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    maybe
    but for how long...

    So down proves you point and up means we're waiting for the next fall.

    :rotfl::rotfl::T
  • Generali wrote: »
    So down proves you point and up means we're waiting for the next fall.

    :rotfl::rotfl::T

    share prices indicate profit expectations.
    the trend since march has been down.
    this is because investors believe the housing market in london has peaked and trading conditions for estate agents will become less profitable.
    if you're not already aware share prices fluctuate on a minute by minute basis. daily movements are generally meaningless and need to be observed in the context of a weekly or monthly movement.
  • marathonic
    marathonic Posts: 1,786 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    daily movements are generally meaningless and need to be observed in the context of a weekly or monthly movement.

    I'd argue that weekly movements are irrelevant and monthly movements are just noise - I certainly don't believe that the movement in the price of an individual share warrants a five page discussion, most of which is just updates on the current share price.
  • marathonic wrote: »
    I'd argue that weekly movements are irrelevant and monthly movements are just noise - I certainly don't believe that the movement in the price of an individual share warrants a five page discussion, most of which is just updates on the current share price.

    its good fun though!
    if i were a braver man i'd be shorting this one
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    if i were a braver man i'd be shorting this one

    Don't put yourself down. Anyone shorting London property for more than a year must have balls of steel.

    On HPC they've been at it for a decade. They must have to use wheelbarrows to transport their tackle around.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    wotsthat wrote: »
    On HPC they've been at it for a decade. They must have to use wheelbarrows to transport their tackle around.


    Why? There's plenty room in their heads.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Why? There's plenty room in their heads.

    YAY! CHUCKIES BACK!
    didn't i say money looks like the safest bet?
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    YAY! CHUCKIES BACK!
    didn't i say money looks like the safest bet?



    Yes you did, but who wants to play it so safe where there is no profit to be had? When savings rates were around 5 to 7% my portfolio was over 20% cash, it is only a tenth of that now.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Yes you did, but who wants to play it so safe where there is no profit to be had? When savings rates were around 5 to 7% my portfolio was over 20% cash, it is only a tenth of that now.

    its the eye of the tiger, the thrill of the chase!
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    its the eye of the tiger, the thrill of the chase!



    No, it should be about profit, but of course if you have a short term horizon like you (house deposit), then you can't (or shouldn't ) have that money in equities.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
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