The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Rr101 - The Investors Chronicle is a good source, they mentioned Argo a month ago following the private placement. The price was around 91p at the time and they had a hold status.
I think BMN will do very well over the next 12 - 18 months, probably could wait a short while before buying in though. One to watch. Similar to this share as only patience required. Dyor.
Unless you know for certain the price you are buying at is the bottom why would you go all in, I would rather spread out my purchases and average out.
@Kevinl1977
For what it's worth....here's my two penneth........and WTFDIK!
It's all about perspective. Those that have been invested here for a while, will have already made serious gains and have a picture in their minds of being able to buy sub £1/50p/20p/5p and therefore, £2+ is expensive. This combined with the fact that they may have already made thousands if not hundreds of thousands of pounds.
If I consider, which I do, this share may see £10 in the near future (call it 4X where we are now), a longer term investor may not be interested in seeing their £1K grow to £4K. They want to see their £500K grow to £2M............but they may not have another £500K to throw at it and therefore, it's expensive.
However, if I am new to this share or new to investing, quadrupling my investment in the short term sounds fantastic!!
In short, is it still worth investing now, or on any potential drops? Of course it is!!
.........as long as we get to £10 in that analogy.
Jeez! I sound like my dad!!
Believe me there is not 1 of us who have not had many a stinker in our time
For me it's all about research and understanding what you are reading
A firm many post multimillion lost and the price goes up 5+% on the news and you would wonder why
Usually the answer is it's not as bad as the market forcast even low still a loss
The more you read RNS the more you will understand the jargon
Mother luck also has its part to play
Good luck to you
I bought, then bought again. It's ok doing one purchase if you have the cash all in one go.
Cheers moog.
I often wonder how you more experienced investors get in these trades so low. How you manage to find them and commit. I definitely salute you, you must spend hours and hours researching?
In the bank is your best option I can smell fear a mile away
Amanensia; I think you're probably right there.. I've averaged up to just shy of 40p now. So by too expensive to buy in bulk I guess I mean I personally don't want to take my average higher - not because I don't think it's still very good value for money, but probably more because I would regret not getting more, so yes, I probably didn't get to a happy position early enough.
[Actually I'm confused now.... surely I should have been de-ramping to get more shares, but apparently I'm a ramper. ..]
CC
I invested £750 last week at 272. May have another couple of hundred if the rate goes lower but would like to put it somewhere else. Maybe something more risky like amigo. Any recommendations?
Don’t mind it high risk as it’s only a little amount.
It’s about encouraging the first timers old chap, it’s absolutely a good buying opp. dyor etc.....
Buying on a dip just means you didn't buy the right amount the first time ;)
My strategy is dead easy. Not buying any more. Not selling any of what I've got. Sitting on my nice warm hands.
It is definitely a buying opp! The US looks pretty flat today so can’t see us jumping much at opening tomorrow unless BTC gets on it tonight. Could be interesting tomorrow and will almost certainly be very interesting watching BTC over the weekend and into next week.
I'm hoping to get some more tomorrow;
Results due.
Potential for statement/progress with NASDAQ application soon.
Word spreading in the States & social media.
Other potentially unpredictable news (the "We bought the ISS and we're mining sunlight from up here to power all of Texas for free" type announcements I'm starting to think are normal fare for Argo).
This will become too expensive to buy in bulk soon....
*Geek not financier
*DYO protect your backs
Etc
CC
Given potential of a slight drop then recovery next week scenario, considering buying again tomorrow on a drop?
Do people think this may play out correct and what are your thoughts on top up?