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Just took the dog for a walk came back and it’s dropped back. Oh well always next week. CJ nothing at the moment but researching a few with potential. I’ll keep you posted. Oh, Nano has taken a lawsuit out against Samsung, could be in time a winner (IOM) , I’m in there for a few K. Maybe worth a couple of hundred punt, but watch the spread 14% today! No investment advise DOYR. Cheers
Morbox - seems like you are very good at picking out shares. I had never heard of ITM, just looked at their share price chart, it’s risen so quickly. That must be a bitter pill to swallow seeing what you missed out on. Have you any other shares you’re excited by?
Hats off to all of you who resisted any temptation to sell so far, there is no way I could resist not selling at these levels.
Up 5% just need it to hold today, I think tomorrow, may see a slight drop being Friday but setting up well for next week.
The price action in WMH seems disconnected with peers, it makes me think someone is building a position in WMH. I'm happy to let this play out
CJ, on ITM I got in under at 20p sold at around 1.35 making around 4k profit now 3.56, doh! Every day it’s a reminder to invest in shares you believe in and stay in if they are on the up.
Well done to all, many didn't think it would get to this, by this year! Never mind less than a month after it was nearly down to £1. My gut is telling me to stay in, too many positive catalysts which splice has mentioned and from my own research, will consider taking out a 1/3rd if it goes to around 160 where i think there could be some resistance, i think it will easily get to this by ascot, good luck all!
All you say is true. This is an exciting share/investment. In that sense it is somewhat foolish to sell out when long term the price should increase so much. But I guess there is also the greed in trying to capitalise on the highs and lows to make more money from predicting how the share price moves. It’s great when you pull it off but it’s sickening when you miss out. It really can’t go up too much further than this right now, surely it can’t.
CJ, you have done the right thing, always follow your instincts and exit strategy. I very surprised to see the price at this level at this time but 160-170 I feel is the right price going on history, been in here since 2018. UK Regulations (Current and future) have been holding this back, but US expansion will, in time IMO make this £3+ even more. California is where the next news need to come from. Covid has put everything back so may need to wait until 2021, but hopefully divs will be back.
Thanks Morbox. I know I shouldn’t really try to second guess the share price as it’s awful getting caught out. But we’ve followed this share very closely since March and beyond. When the share price rose sharply to 123p 4 weeks ago it retraced all the way back to 103p. Last week we got up to 145p and it retraced back to 132p. My personal opinion which may be wrong is that this share price will not surpass 160p prior to half annual results in August. This 151p does look very high right now IMO. Sure there is loads of potential, we all agree that this will reach £2 a share this year. But I don’t believe we’ve seen the last of prices in the low 140 pences, so I have sold to buy back in at a lower price. Time will tell and if I mess up it will be annoying but maybe a lesson I need to learn for the future.
flying today - £2 is the first step
Good luck, I nearly sold 1/3 at 151 on opening to buy when/if it went lower, but change of heart. I’ve got a feeling +5% today. Time will tell.
And on that note I’ve sold my holding. But I will be watching and waiting to get back in.