The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Well I learned that lesson a good few moons ago buying a company called AORTECH. It took a while, but I realised that nobody was interested in buying, so I couldn`t sell to save my life because there was no liquidity!
Lesson learned.
Not sure liquidity is a problem for a punter like Katstrangler! His £200 is not really going to rock the market! Bet he has a really low average though.
Too right Bz: it's worked well for me.....and still is! But good sound sense never impresses the BB lads it seems.
Plus, SENS are illiquid, their daily average volume amounts to less than £100k, so he could end up not being able to sell...at any price.
Bidstacks daily volume in £`s terms is in to the millions!
Schoolboy error by this co.cky gobshyte.
Wow, SENS sound like a good investment on a quality progressive company.
July 2020 27p....then Feb `21 180p, then made such good progress that the price fell so hard that the 27p `support` couldn`t even hold in the last week when they announced an extremely cheap, waffle driven, complicated, desperate fundraise which caused the sp to drop from 70p to 20p in one day!!!
Sounds like a bargain for the day gambler Katstrangler!
He`ll learn...eventually....that the only money makers in his world are the brokers cashing in on his transaction fees!
People like him are why the big brokers are so big....bouncing around from trade to trade trying to make 20% here and 10% there are EXACTLY what they want....been there, got the Tshirt.
The only way to make big gains on the stock market is to identify companies with future potential, build a position buying the dips....hold and be patient!
i sold 3/4 today to get into SENS (i'm one of those punters). i'll buy them back on what i see as the drop... that's how you get a falling average!
said it before... there is no kudos in being 'loyal' to the share. if you think the sp will cover this drop in time then, if that works for you, fine. but the sp's fluid. and others are interested in getting in... nowt wrong with indicating a possible lower price for them... don't take a falling price prediction personally.
i think the embarrassment is you attacking a poster for saying what he sees... the sp is slipping.
Really interesting posting constantly talking the share price down even though you state you are a holder with an average of 1.69! Seriously you should be highly embarrassed.
and, honestly, BIDS is looking weak without the confirmational proof of the AAA deal and some evidence of that deal.
no point being coy about it (aside from nda's which feels odd as it's not as if folk don't know about ads in games!)
without something new i can see folk realising profits before they completely disappear. when it hits a low then you'll see the climb but that low is at the low end of 3s now... possibly!