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Sam i can't advise you but only say what i'm doing, you only lose if you sell, at the moment you have lost nothing, remember last night when they said how mad i was for selling, remember I said sometimes its like football, its better to have the points in the bag, never be to greedy, yes there will be lots of times waiting you could have made more money, but learn from your mistakes. its not easy, but try never to get sick and sell with heavy loses, your better to bite your lip and stick with the share, it will come around again, always keep something back to move into another share if you get stuck, never pile everything in one share..
Can only talk from experience over the last month or so. I'm also by no means an expert or massively experienced... Make your own mind(s) up.
As I said earlier, arrived late to the part here on the last rise and got bitten for an average of ~ 1.6. As the SP dropped over the next few weeks averaged down to ~ 0.8 with an increased holding. Still, when the prices were rock bottom around 0.45 the initial holding (before average down) was over 80% down. It sucked. A lot. However, averaging down helped a lot - increased the exposure sure but certainly helped.
Topped up a little today at just below 0.8 and again as the price increased around 1.1 - so my current average is ~ 0.88 or so. Now sat back in a loss after being a good chunk up earlier today. It sucks (yet again).
HOWEVER a loss is only a loss if you sell up - until that point you have a chance.
The fundamentals of this company haven't changed - Monday is another day - the price might go up - or it might go down, that's the risk you take. Long term, there's every chance the price will go back up again - if it keeps going down, try and keep drip feeding in to reduce your average where you can and be ready for the upside. It maybe a few months down the line - but this time you'll be a lot wiser - maybe a bit less greedy and certainly be better placed to make the most of the situation!
Manager you have done well just got a sell quote down £600 I think that is roughly 15% ish on my original I think we can do that next week so going to stay in I think
sam should try buying when they are cheaper in future - most of us loaded up here at circa 0.5p - and maybe hold longer than 10% profit - always late for the party is sam and strange how a share always go down when sam buys - must be just bad luck i guess
Jesus Sam there is seriously no helping you. Nothing has changed since that RNS...there's plenty of news due..the MM's are rinsing people like you...why can't you ever see it?
You see Sam, always go with your gut or whats right for you, i have made over £4.5K profit in 2 days here, I have just bought back in 250,000 more for to play on monday, i don't this turkey is plucked enough yet ..
Sam have patience... this will be back up... we got speeding ticket that's all.. nothing has changed longterm...
Faz exactly
Sadly I’m not only in with profit I’m all in and currently about £700 down on my original investment and £2700 on what I had this morning, but think it may drift further next week, trying to sell but all NT looks like I’m locked in now
Sam..you're on a free ride..just leave them here and forget them...move on to the next share...that's the whole point of having a free carry...this will go back up soon enough.Now I've said that, you'll sell anyway so bye
Sam you seem like a genuine guy. You need to be careful of the likes of Jadam and others who will no doubt come across as being very knowledgable about a share which in no doubt they are but they are expert say traders who will try to convince ppl they are in for the long haul and ppl like yourself with just get suckered in, not knowing when to sell. Hope you do well buddy and just be careful as not everyone is your friend in this game
35% down from my buy in again so dunno what to do as see this drifting now
Might even go to red !! Another Sorry day from TomCo to all pl’s... & not drawn in by ramping and not proactive on their sell !!