Completely serious. I trade a bit too. But that's not investing. Of course AIM long term can be more than one year. Saying otherwise is just nuts and I presume you're just hurting from resource stocks in recent years. There'll always be plenty of companies that do badly, and others that do very well long term, picking which is up to you. That's the point. Resource stocks (especially O&G) have been rubbish in recent years - they may well be bargains now that do very well in subsequent years. For every expert saying there's no hope there's another saying the opposite. An example: http://www.spreadbetmagazine.com/blog/titan-inv-partners-uk-oil-exploration-production-sector-is-t.html
hahaha..you must be kidding about time frames mentioned or you are serious? Just imagine if you get it wrong then you have no time left for recovery....anyway we all have different strategy..for me its hit and run as you are likely to get one right after several wrong calls and on AIM long term can't be more than 1 year barring cases where you are under water, and cashing out doesn't give any meaningful cash compared to original amount.
I hope you are having good time in spain. I took the advantage of that and visited Pembroke in your absense for two days. Just now had a peek into your book on Amazon courtesy SOMNI. I could see you predicted $2500 for gold, that gave me assurance to stay put in POG with my 40P average. Thinking of repurchasing here if we fall further 10%.
Maybe they don't give a feck and are content that if they sort operations the SP will rise accordingly with those results. The intervening SP being completely irrelevant unless you're trading short term which they should rightly have no regard for.
The share price is continuing to fall because there has been no news of any value for far too long.
No common sense being used by the management re news flow and letting shareholders know what is happening. Don't they understand that failure to provide updates usually means that the results are below expectations and this causes the share price to fall.
Since you know that there is good news on the way maybe you should tell us exactly what this is.
To be fair it traded pretty tightly for a while between 1.5 and 1.65p, it has slid on no news and a contemptible silence from Rory the Wonderboy. This means nothing as long as the next news is good news, if it is bad production news and compounded with the silence then down we go.
This share is a traders dream.....huge range of SP for no very good reason.....can guarantee that it will tear up again the minute we get some good news [often out of all proportion to the news], and then retrace equally dramatically. I think it may drop a little further, but we are so close to a news update that shorters will have to be careful. I am tired of the yo-yoing, and as soon as it gets past 3p I will be exiting at least half of my holding.
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