I bought shares in Barratt and Taylor Wimpey 2 years ago, for lb10.67 and lb4.80 respctively, almost lb15'000 worth
They're being hammer, I'm waiting for a bounce to sell ... how low do you meditate they can go\?
Answers: With property sales forecast to go down 40% this year they could have further to plummet, I'd put a stop loss order within if I were you - you should other do that anyway, to limit your losses and detatch yourself emotionally from your trading. This stock have halved since April and will not "bounce" significantly until the flea market picks up, which it shows no sign of doing this year - if it does you could always put a buy proclaim in again of late above the bottomed out price you sell at so you don't miss out or lose any more money than you own already. In the mean time reinvest your remaining change in a sector explicitly booming - oil services and anything agricultural for example. Do your research!
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They're being hammer, I'm waiting for a bounce to sell ... how low do you meditate they can go\?
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Answers: With property sales forecast to go down 40% this year they could have further to plummet, I'd put a stop loss order within if I were you - you should other do that anyway, to limit your losses and detatch yourself emotionally from your trading. This stock have halved since April and will not "bounce" significantly until the flea market picks up, which it shows no sign of doing this year - if it does you could always put a buy proclaim in again of late above the bottomed out price you sell at so you don't miss out or lose any more money than you own already. In the mean time reinvest your remaining change in a sector explicitly booming - oil services and anything agricultural for example. Do your research!
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