2Mes·

Why keep the weeds and cut the flowers?

Since I'm an amateur botanist, I'm getting rid of the weeds… At least I was able to offset the emotional toll with the tax refund from the loss and the dividends I received.

Bye $GIS (-1,54%) , hello $ELO (+2,29%)

15.06
General Mills logo
Venduto x151 a 29,60 €
4469,60 €
47,99%
12
14 Commenti

immagine del profilo
You might have hit rock bottom (at least for now). But sometimes you just need to let it all out—I know how that feels.
5
immagine del profilo
@jkb92 Even if the stock goes up again… I get heartburn every time I see that a single company can drag the portfolio down like that. I put too much money into the wrong stock.
1
immagine del profilo
@PoorDad I totally get it! Heartburn is really awful
1
immagine del profilo
Do you still see potential here in the long term?
immagine del profilo
@ParraPinto Yes, but not like with Peer
1
immagine del profilo
@ParraPinto I haven't looked into the company. I just see that, from a technical perspective, the time is ripe for a (temporary) pullback.
1
immagine del profilo
I'm currently down 22% on this investment. But I'm going to hold on to it and possibly buy more if necessary.
1
immagine del profilo
Elopac has a similar chart. Why "elo"?
immagine del profilo
@userc818a6f2df6247c9 Sorry for the late reply, but I know it seems contradictory at first glance—I think the GIS market is already very saturated, especially since the peer group is selling better or more popular products. I already own shares in $MDLZ and $PEP, which I consider to be the better alternatives. With Elopak, on the other hand, I think the company still has plenty of room for growth with its business model, especially now that it has begun expanding in the U.S.
immagine del profilo
Better late than never 😉👍🏻
4
immagine del profilo
1
immagine del profilo
Yes, they're having problems. Yes, the chart doesn't look good. Yes, yes, yes, BUT the P/E and P/B ratios are extremely low, and the stock has simply been beaten down...
2
immagine del profilo
@DividendenMax The KBV is of no use to me if its products are performing worse than those of its peers… $MDLZ $PEP $ULVR, etc. I used to like GIS as a company, but as things stand now, I think other companies are better positioned to recover than GIS.
1
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