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Edinburgh Worldwide Investment Trust plc (EWI)

London
Currency in GBP
Disclaimer
142.00
+0.60(+0.42%)
Closed

EWI Price Commentary

Bought at £1.73.
Problem is many of its top 10 holdings have lost nearly 50% of value. Ocado, Chegg, Zillow.
Still a little wary but I'm glad I bought last week. Perhaps this week marks the bottom of the rut.
2 targets 205 Optimistic 150 Bearish
I have been bargain hunting all week and waiting for a turnaround.
I purchased more this morning. As usual the storm will *****itself out and it will recover.
Unless it does what happened in 2018-2020 = break even only.
 They were bad years I remember them. I think EWIT is now more technology/pharma weighted.
Glad I bought. Bad news and sharp drops don't usually last for long. The market has a very short term memory!
I bought more today while the masses panic.
As the world returns to normal the this one catches the general upward trend. I've bought more. £4 soon hopefully.
Any thoughts on how this is increasing on a daily basis, despite all the bad news regarding covid and Brexit?
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