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If only i had taken my own advice IK!!
I too bought more at 5.1p... thinking that was the shake. Until now!
Unfortunately i am at my limit here with my holding and wish i had more funds to put into this, but i have already sold up all my failing shares (taken large losses) and doubled down with BPC.
Hopefully my confidence in this stock may inspire others but DOYR first!!
well if correct its 24 mil buys to 10 mil ish sells and considering the panic sells early am that pretty amazing numbers and volume ?? promising id call it
Bryn- very similar situation to me. Would love to play the market. But happy to stick long at these times.
I have a low average holding of around 2p and i am happy with what i currently have (and could lose)
Atb
Hi Robbo
To be honest I did get it wrong last night when I bought some @ 5ish.
However managed to get more in low 4s and even some in high 3s.
So looking ok and very happy to increase at these levels.
As I mentioned yesterday S/Ls on AIM are a bad way to trade - you will get shafted.
I just hope that our gang held firm and didn’t get hurt.
I think it was Shami who called it t’other day when he said tree shake is an opportunity - good call!
GL
IK
XX
brynjon,
Yeah, I got to buy something else. Just waiting for money transfers. Bleeding annoying lol especially as the margin of safety ops are narrowing oh well... never mind...
I take your point but there is a little fog in the markets
Safer bets could be BP who have gone from 4.66 to 4.29 in a week, RDSB 1933 down to 1788 to name but 2 safe havens in FTSE
Robbo13,
Depends on your average and risk level. If you rway in the money then topping up at even this price makes sense. We touched the yearly highs yesterday and that has to be tested again at some point. IMHO.
i almost agree with the exception in a market like this dealers looking for safe bets to park a little in until the storm blows over ! now a wildcat does not seem a "safe bet" but once the drill goes form very highly probable to actual setting sail and or bit turning well a significant rise is a very safe bet. The minute the only if is "if we find oil" a re rate is a certainty so as good a place as any to park a little surplus cash.
FTSE was trading at 7457 a week ago - today it is 6969 - the corona virus worries have hit all the markets. Perhaps I should have played the market but was not expecting to lose the many k that I have on paper so left well alone on anticipation of an RNS.
That said, I have not lost anything other than on paper profits. Thankfully it is ticking up, though I expect it to be like the proverbial *****'s knickers until the market as a whole settles down once the C19 issue sorts itself.