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Noggers.
Exactly. Catch 22. Sell and it goes up. Buy and it goes down. Totally illogical. A right conundrum.
Mr Profit, I hope you are correct. Let us see.
1863
That's just the trouble, when it goes up sometimes you dare not sell to buy back cheaper in case they bring out news before it goes down.
You could be waiting a long long time!
To sum up then: speculation. I was waiting for 130 to average down but bottled out. More than likely I will get another chance though. Own research required. Thank you.
Maybe I'm wrong ( as I often am) but I do think something is happening here. I think another decent rise today would be very encouraging...to say the least !!
Doesn't know what to do today, as soon as it starts to go up, it is brought down again.
I sold most of mine yesterday at £1.85 but bought back again first thing this morning...given the highly unpredictability of CWR. WHOOOPS.
Hopefully, if the technology is as good as we're told, someday, we might see £3 again. Although as John Maynard Keynes once said 'In the long run we are all dead'.
I too averaged down to 1.77.ive taken 75% of my holding out at 1.82 too.Was umming and ahhing over the last 25% but couldnt bring mysekf to cash it in,incase the party started without me!... it hasnt!! But, at least i can average down in grand style once the slide is over.🙄
If you really believe these are going north of £5
why not pig out??
I think that a less than 25% chance...which is why I'm not pigging out
it's best to forget the past
EyeQ
Jesus 485 you have a long wait to get that back, mine is 192.
GL with that Mr,Q
Noggers, I'd sell them at various prices aiming for a 20% profit on what I bought them at. I bought the last tranch at 485p. I'll wait as long as it takes to either make the target profit or lose all my money. Of course, the strategy could change at some point depending on lots of factors, but at the moment I still believe Ceres' tech will be in demand over the coming years.
Wish I had done the same yesterday, could have got out at 188 and I would have only lost 4p a share, but you always think this time it could be different and carry on going north, when it started losing it's gains yesterday my gut feeling said get out now but I didn't, now will have to wait once again.
I've invested with Ceres for a while. I averaged down to 1.77 (over a few months) and got out this week at 1.82. I'm sorry to leave Ceres, but the price fluctuations are too big for me. My gut told me that a downturn would happen and it ALWAYS does when there's no news, so I'm not surprised. I'm sorry to say I feel sad, but but am also glad I'm out. I'll return when good news materialises. Good luck to all you Ceres investors out there. The tide will change but I'm not sure when -:)
Is vulnerable
interesting see what happens c150...if it bounces strongly there, I may change my mind
but I really expect 130 to be retested
Ceres, what a teaser. You know you should walk away but you just cannot on the off chance you will be rewarded. A bit like life I suppose.
EyeQ
At what price are you going to sell then, and how long are you prepared to wait?
Noggers, but that's the same with every share isn't it? Movement of the price is what gives the opportunity to make (or lose) money. The other option is a more stable share price with a dividend, if you'd rather not fret over your potential loss every day, perhaps those type of shares would suit better? Or perhaps you really like the drama?! :P
Ship!
Agreed, this could just as easily fall back 20-30% as rise the same amount as there doesn't seem to be a tangible reason for the current rise other than sentiment. That said, much of the price drops with Ceres over the past couple of years also seem to be mostly sentiment based as confidence evaporates and the effect snowballs. Anyway, all this micro /daily analysis of Ceres really won't work. I'm deep underwater but don't really care much, I'm standing firm on the deck until either a decent profit is made or I sink all the way to seabed with the shop! Good luck all!
The trouble with Ceres is that it is a too volatile, it either goes up a hell of a lot or goes down a hell of a lot, you just don't know where you are with it, when it goes up a lot you don't know whether to sell and buy back lower, or to hold and hope it carrys on North.
Share price does seem positive for a reason at the moment, more so then the sector which until more positive news arrives for the whole sector which it will l eventually ,this will unfortunately be dragged back! As said many times before patience.
This feels like a fear and greed rally based on nothing. In all likelihood, unless new positive news is forthcoming, it may well continue to rise and then eventually fall back. The sp needs to rise way further than of now to be of any real benefit to me. Best of luck to all and please do your own due diligence.
It was also based on your previous comments 'don't spoil yourself Ceres' etc etc. I didn't need to read the news, I watched it on the TV. Anyway good luck.
GJ
Based on the sell off in NY yesterday, clearly you don't read the news, anyway we will see today I hope I am wrong.