My Jhon Cordoba journey
Kipper72 last edited by Kipper72
Not going to talk about the useless lump tonight. Thank f*** I have Bruno and Werner to mitigate my idiotic decisions to buy lemons!!
It has been a few days since I updated here, JC is still very much in my thoughts but there was a lot of more important issues going on, on the forum and essentially this is just a bit of fun, follow the progress thread.
So my plan was to use ME to buy a few of JC at a lower price to reduce my average buy price (ABC). Remember I started at £1.00 per share and bought 31.
The good news is I have reduced the ABC to 94p per share, right result eh?
What I didn't figure in was that the buffoon would reduce himself to almost my ABC.
The good thing is, and please don't tell JC, the Matching Engine will be my way out with a profit.
I have resigned myself to the fact the journey will be longer than originally planned.
I have £1.05 in divs from him from a goal and an assist. However I have revisited my mistakes so far from this buy:
Bought initially a few days before ME was introduced to FI meaning the market was a bit stagnant,
Misread the graphs, he was on a peak, I thought he was progressing slowly upwards and a goal or two would increase his price at a spike.
Probably many more mistakes.
Anyway, I have now more than doubled my initial investment using the wide spreads to reduce my ABC. I am not using any of my own money to do this. I am using dividends earned to buy a couple of shares at a time to keep reducing the ABC.
I will sell at a good profit - stay tuned and please don't reply
When I started this thread I didn't realise me and JC had been connected right near the start of my FI journey.
I was browsing my trading history today as I have made a new spreadsheet to try and keep track of my activity on FI and this is a snip from my dashboard. I was only 22 days in to my FI account at this time.
On 22 Feb 2020 I remember now. I had the BBC football site open and was checking the scores.
I saw that an unknown to me player had scored a goal so I copied and pasted his name into the FI player search.
I bought 1 share at 59p and watched as he shot up in value. He then proceeded to fly up, every minute.
At this stage I was cautious about everything, I only had a couple of hundred quid invested. I was not active on the forum and hadn't heard of a flip but that is what I did. I can't remember how much more he went up when I IS'd after 6 minutes and 10 seconds.
There is no point in moaning now wishing I had bought 50, 100, 500 shares. I was new and I can't change the past.
Anyway, I digress. There was only one match today, in his last three games he has scored or assisted winning IPD. He is still falling in price.
For now this has become a waiting game. I will not IS for sure. My dividend win tonight will allow me to buy 2 more shares on ME.
Thanks again for not replying
He got injured and taken off, of course he is going to drop in price
Thanks @Cameron-Duffy please read all 8 posts including the several times I have asked people not to reply to this thread.
Appreciate your input though.
@Kipper72 don’t post if you don’t want people to reply, it’s called a forum for a reason, I’m just going to keep on replying now so cheers for the heads up
Kipper72 last edited by Kipper72
I don't feed trolls. I will update in a few days time but @Cameron-Duffy please read the previous posts.
As there is a whole load of football coming up I will give a quick update on what is happening with me Jhonny Be Good before we hit all the gold match days.
I started with 31 shares at £1.00 each. Have a look now:
He now has dropped so much that I am having to either keep throwing money at him or sit it out and wait for the bottom end market to catch up.
To be honest I have better players to invest in at the moment so he is seriously on the back burner. He only needs to drop a couple more pence and I'll be putting him on @Millerman 's thread -
I will update further down the line - enjoy the non stop footie and hope you all make some good dosh.
@Kipper72 your guy is the top riser in the squad today
@R9inter Cheers mate - I had almost forgotten about him. He may grow with the index and eventually get into a profit.
I suppose it is like the rest of the index, we will have to wait and see.
Anyway, looks like JC will be my mate for a while yet.
And as this stupid experiment was a failure please all feel free to voice your opinions and advice. Hope some of you enjoyed the thread for what it was.
I'll let you all know when I get rid of the donkey!!