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funstar49deluxe: You could trade short term between the appropriate ranges, swing-trade over a few weeks, hold your winnings and wait for it to dip to the bottom , then buy again. Rinse and repeat. Each time you will invest your previous winnings on top of the original principle amount.
If you do this enough, your loss of sp from your original investment won't matter so much. Also, the motivation for doing this is that if you get winnings and you reinvest rather than splurge out on a Lamborghini , you will be doing what others may not.
Others might fly towards Tesla or bank stocks or whatever, but you will continue to keep your stake in igas and it will increase on average, making it harder for others to buy the stock, then you can dictate whatever price you want when you are ready.
Essentially, that's what I did, and I'm alot richer for it, despite the pandemic uneconomy that's been rigged by certain people who believe in money trees.
Anyway 120 was my prediction before (a few weeks ago), and this should be within the next year or so, and I'm sticking to it because this prediction looks even more likely now that it's touched 90.
Remember that at any time, another massive fuel storage facility could go up in smoke in Russia, or even somewhere else. This has been happening on a regular basis, and it helps maintain high energy prices around the world. I'm not saying that this is a delibrate policy (could be for some cases), but it is "convenient" for the energy suppliers...
I go in here around 2014 and was hit with placings and consolidations and was way way down on my initial investment. I promised myself i would never put a penny more in this company as fracking was then banned......maybe i'm changing my mind
Odey Asset management adding , few free float out of 130 million shares...demand and supply will take course...£2 plus imo
I would need a 4/5 bagger from 125p just to break even i reckon Vicmy......like I said, maybe time to average down
Put these on 'watch' at just over 30p.
I'm still out, wish I had paid more attention.
90p + today or tomorrow?
Few more days like this and I'll be around 75% down from my disastrous 2014 share buy.....maybe its time to average down....lol