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Unusual pricing movements for sure Noggers... but we aren't complainng are we? Good to see price remaining firm and slowly increasing? Remember - you gotta have a long time horizon in investing?
At the moment we are up 8 percent, now why did it go down 7 percent yesterday yesterday just to go back up today, unless it was so some could buy in cheaper.
Noggers.
Exactly. Catch 22. Sell and it goes up. Buy and it goes down. Totally illogical. A right conundrum.
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.
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'.
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.
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.