My guess is that these are the rest who have either not yet read the news or are involved in other ways and therefore can do little (e.g. employee packages - a long time ago I received shares as a bonus from a former employer, which I was not allowed/able to sell as long as I was employed by the company).
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@OneInAMinion However, people who cannot sell their shares also have no influence on the share price. The price is always the purchases/sales made. But yes, presumably people who didn't read the news simply bought. However, I have no sympathy for anyone who jumps straight into a falling knife at -50% a day and doesn't even look at the reason for it.
But the management's nonsense about your employee shares. That only encourages employees to resign when it's clear to them that the company is doing badly so that they can sell their shares. (unless the shares were more of a symbolic amount - i.e. only a few 100€)
I had always heard that employee shares are blocked for 2-3 years and can then be traded. That seems to make a lot more sense.
But the management's nonsense about your employee shares. That only encourages employees to resign when it's clear to them that the company is doing badly so that they can sell their shares. (unless the shares were more of a symbolic amount - i.e. only a few 100€)
I had always heard that employee shares are blocked for 2-3 years and can then be traded. That seems to make a lot more sense.
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•@Chandra sorry, you're absolutely right, it was called a blocking period. If I had known more about it back then, well, I would have, etc.
I have a position you mentioned in my portfolio $ATO, which is just rattling down, but I just have the hope, because it was my first stock position I invested in since I recently started actively (actually only wanted to have an ETF, but then was fascinated how easy it is to buy stocks as a private investor nowadays, that in the meantime more have become than planned), that things will go up again.
It was the cheapest stock I found and I knew the name of the company.
With my luck, it will probably be a shot in the arm anyway, but at least I'll have the red flag that I should just leave it alone.
I have a position you mentioned in my portfolio $ATO, which is just rattling down, but I just have the hope, because it was my first stock position I invested in since I recently started actively (actually only wanted to have an ETF, but then was fascinated how easy it is to buy stocks as a private investor nowadays, that in the meantime more have become than planned), that things will go up again.
It was the cheapest stock I found and I knew the name of the company.
With my luck, it will probably be a shot in the arm anyway, but at least I'll have the red flag that I should just leave it alone.
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•@OneInAMinion It doesn't hurt to have such a position as a memorial in the depot. It always reminds you of the mistakes you have made and that you shouldn't repeat them.
I went public in February 2022 and one of my first shares was $EVR. It fell very sharply because it is basically a Russian company and trading in it might be sanctioned. Well, I took the plunge and thought that as the company is based in London, it probably wouldn't be affected. But it was hit and now I have this corpse in my portfolio whose price won't change and which I'm not allowed to trade. Reminds me not to be too greedy and not to reach for the falling knife. 😅
I went public in February 2022 and one of my first shares was $EVR. It fell very sharply because it is basically a Russian company and trading in it might be sanctioned. Well, I took the plunge and thought that as the company is based in London, it probably wouldn't be affected. But it was hit and now I have this corpse in my portfolio whose price won't change and which I'm not allowed to trade. Reminds me not to be too greedy and not to reach for the falling knife. 😅
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@Chandra ahhh, that's why, because I wanted to buy Gazprom shares, now I know why that's not possible. It's weird what effects all this has 😳 I hadn't thought of anything like that...
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@Chandra However, you could have them booked out of the custody account without value and fill your loss pot.
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@Zilong I actually hope that the company still exists and that the shares will be traded again once the war is over.
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