1Mon·

Pull cord

I don't see any light at the end of the tunnel. They will probably recover at some point. But the money is probably better spent elsewhere in the meantime.

26.06
Porsche (Vz.) logo
Sold x90.23 at €39.78
€3,589.13
40.99%
112
35 Comments

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I think it's great that someone posts something here that didn't go well 👍 Otherwise you only ever see here how great I am, respect!
101
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I have LVMH and Novo, I can understand how you feel. But the share price usually recovers just when you think it would be better to get out.
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@Angstundbange I think that at LVMH every week😂 and then it goes deeper
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@Angstundbange Fortunately, I got out of LVMH at around 700 with some profit. But of course, with my luck, Porsche is now on course for a rally
@Angstundbange Small objection: that's basically true, of course. But:
$NOVO B or to compare $MC with Porsche: that is more blatant than comparing apples with pears.
One is a broad-based company that is a global leader in its markets.
The other is a manufacturer of outstanding sports cars, but in comparison to the other two, from an investor's point of view, absolutely not a sensible investment.
Porsche and LVMH: both invest in luxury. The only question is who has the broader product range in this segment, who is more widely represented in the global market, and who is less dependent on a single product (Porsche only depends on the 911), who could react more easily to new trends in the luxury segment, and whose financial resources are greater...
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And lo and behold, yesterday Porsche 6%...
It's only a drop... but still just typical...
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@Gomerdoc I haven't compared Novo or LVMH with Porsche. 🤷🏼‍♂️
@Angstundbange Right, that wasn't you at all, misquoted . Not on purpose.
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where do you put it? respek for the post 👍🏼
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@Memo0606 has been divided between vici, ares and the $JEGP.
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Better an end with horror... 🫠
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I'm actually thinking about getting in.
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But the great cars! And the great dividend! 🫠
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@Epi In terms of dividends, this should be compensated for, and the cars used to be better. Apart from that, I don't even have a Porsche 🤷‍♂️
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@Solitair then get one
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As with most German brands, the days of great cars are long gone. Porsche no longer has a unique selling point. In addition to the "sports cars" 911 and co., they are quasi inflated Audis and they are already inflated VWs... with increasing electrification, the German car aura will disappear. My children hardly know any car brands anymore... and I used to be a petrolhead 😉
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This is how I currently feel about Stellantis
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It looks like that for me too 😪 But whenever I sell, it always goes up - like Bayer, which I sold for 20 euros because it was only going down forever. And now, of course, they're 25% higher 🙈🙈🙈🙈 That's why I'm still holding Porsche - it doesn't matter anyway.
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I am also down >48% with the share in my portfolio and hope for better times 😢
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For someone who also voluntarily sinks money into Trump coin, this is a remarkably sniveling post.
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Strong to post this, even if it looks really painful.
But what can I say, with $NOVO B $UNH $MC 😅
@ProMau I also have United health in my portfolio. and unfortunately for some time now
@ProMau $UNH I got it after the 50% fall
But I see all three as stable in the future
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A fallen brother $P911
I had a similar experience with Novo. Then they went up to €67. I didn't speak nicely to myself. Now they're lower again than when I sold and it wasn't so wrong after all.
I am also heavily in the red and bought more this week to lower my average price. I hope it pays off in the long term 🤷‍♂️
As soon as you write how bad the share is, it goes up 6% (and then down again on Monday :-) )
@IronEagle that was so clear
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@Solitair I could buy a few more shares now, then with my luck it will go down by 10% 😄🙈 I am also at - 45%🙈🙈🙈 with Porsche
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Agree to the general comments, always a sign of strength to post also losing positions. I have to say for me the car industry wasn't the best sector, particularly in the European market. I rather was speculating with derivatives mostly Short, but sometimes Long.
But then I incorporated May this year $MBG and $BMW purely for the dividend and I am keeping them for now with slight losses. $1211 has been a bit longer in the portfolio and I will hold it. $AG1 is very recently also there and is doing great. Even $1810 now produces cars also and I think the chances there with Asian brands are much better. But anyway I see now much more weight from the car industry than I initially planned
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Sold at €70 with a slight loss. don't regret it one day
I buy there at €10 per month.
I expect the holding company in particular to make leaps in the distant future that do justice to the values they manage
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Why sell at such a high discount?
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I've had this several times, unfortunately. Novo Nordisk, Vestas, Armour residential reit.... Now I will get out earlier despite the long strategy. At least there remains a loss pot that will help at some point with 26.5% 😉
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Bei $RACE z.Bsp.?
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