By Malcolm Stacey | Tuesday 10 December 2019
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello, Share Sorters. This aging punter first bought his Tesco (TSCO) shares after reading that Brits spent £1 pound in every £7 of their income in its stores. It is still the biggest retailer in the UK. Too big to fail, I thought. Wrong! Later, the shares fell like a mastodon from a New York skyscraper. I bought them at about 300p and they dropped to half that. But I never cut my losses because I thought that the company would get its act back on its feet one day...
Already registered? Click here to sign in
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Search ShareProphets |
Stock market news |
Recent Comments |
Site by Everywhen