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...
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