spot-on mate. Never ever be too 'loyal' to take a profit when you see one or at least top-slice. I wasnt watching when this went to .26p recently intraday because I may have sold a few at that level. (I obviously didnt have a sell order placed). AIM seems to be even more volatile than normal atm imo and profit isn't easily earnt. gl
So am i. But if they do 'hit' 0.4 + then i will sell some and take a profit. Made a mistake when holding Hampson some time ago. Bought at 2p and watched them go to 8p, then instead of taking a profit i decided to wait for 10p. Guess what happened ? Overnight they fell back to 2p and then after a while shares were suspended and then lost every penny. There is a lesson there somewhere. gl
I first bought at 0.57(after the spike..!!!) thinking it would rebound straightaway.....it didn't but as uhuru/casop are still in with their avg a fair bit higher than present levels(I think they're behind the ATs and have lowered their avg) I have increased my initial holding 10 fold and now sit with an avg of 0.23 and fully expect to see LDP heading back up towards where they were before or even higher depending on the deal and also market conditions......the buying of more on the way down may make me look stupid to some but as mr buffett says...'be brave when others are scared'.....there's no right or wrong way to do it and only time will tell if being brave is the right thing to do.....I think I(we) will be rewarded massively and feel confident that with my avg just above recent placings it is just a matter of being patient and let the story run its course...!!!! GLA p.s. I wonder how the weather is in jersey...??????? lol
I was not intending to see it all the way down but when it hit 0.5 and below I was not going to sell as if you have any knowledge here would realize that the big holders (n I don't mean you or me) average 0.4-0.5. I am not gonna sell for tiny profit. Maybe you would but that is not me. So if everyone did that you should firstly enquire what their averages were and what profit they made. Not many would have sold as who knows when the spike has reached its max. Nonsense is not required as if you sold on that spike just before it went down then you obviously have inside info and should be.........
I am that minority of wanting to make money and greed as I watched my profit hit £30000 and suspected that it would ahve gone above 0.9 and would have sold but it didn't and waited as it dropped just in case it rebounded again which it did not. All of us here are like me if not you would not be playing the AIM!!
I don't blame you for my believing me because it was a stupid move indeed... But if I told you I saw such a huge rise but got even more greedy thinking it would go over 1p and make me huge amounts of money.. If that was the reason.. Would you believe me then?..... It was stupid and I regret it... But it's been done now.. Which also explains why I haven't sold... When you see money become lots of money and then back to just the same amount again you don't want to sell.
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