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Share dealing by the book... ??? (OKR)     

RagstoRiches - 29 Jan 2004 18:45

Excuse the pun. And my question may be naive. But book retailer Ottaker's is causing me conern. I'm new to shares & investing but I did some solid research before buying up a portfolio and at the turn of the year Ottaker's was tipped as a BUY by numerous brokers. And shares magazine. Furthermore this BUY was reitterated just before Ottaker's Xmas sales figures were released. So I bought. At 391p. 3 weeks later and the shares are hovering around the 350p. Do I panic and cut my losses ? Do I hang firm for a while ? Is it a good idea never to listen to buy recommendations from brokers ? Help. Please ! I'd like your advice as I'm on a very steep learning curve and my knees are starting to wobble.

krypton - 16 Aug 2005 11:18 - 8 of 8

pb

some good old fashioned common sense.

you had to be very fast this morning to make any meaningful money out of this one !!
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