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@ Aurora1 "Who Cares if you don't sell you'll be close to One pound in 2022"
Essentially I agree, and have said "Who cares", as a GGP long term shareholder, for well over 3 years now, when faced with a market that, quite frankly, just doesn't understand what's going on.
That said, I have also never wished to post anything near a definitive forward share price, but, yes, I'd say that, currently, 20p is quite frankly ludicrous!
DYOR & GLA
@Spades - Thanks for Today 10:22 (and your link in your other "Why are we dropping" post) , both really useful. Just trying to soak up as much helpful information as possible!
That’s a good question and I honestly don’t know the answer.
One thing I do know is that the way the SP is behaving is in a similar pattern th when NCM first announced their JV partnership with GGP.
The price was 2.55p only then over the next 10 months to fall back to 1.6p leaving all new investors 30% down and asking the same questions then as recent investors who bought into this share in the last 6 months are asking now.
You guys need to take a leaf out of the investors who held their nerve during that initial 30% pullback in 2019 and look at all the positive news that has come to light since the discovery was first disclosed to the markets.
We haven’t had any bad RNS’s only brilliant ones.
The orebody is getting bigger by the day. The guy that discovered this whole shebang Callum Baxter not only has 90 odd million share in GGP but a 5hit load of others within his Starvest portfolio, and I ain’t seen him offloading any shares, have you ?
Their are far too many positives to write down in one post here, so ask yourself the question of why you invested in GGP in the first place and whether the fundamentals of the company have gotten better or worse. I suspect you already know the answer.
Don’t get ripped off by this very manipulative market. We are almost at the end of the game here. Don’t go and score an own goal in the 89th minute and sell out just because you feel under pressure, that’s how the opposition want you to feel. They want what you have already got. Your shares.
If you haven’t the stomach for this fight we are currently in then I suggest you take a breather and go sit on the sidelines until it’s over. Switch the telly off (LSE) and come back in a couple of months to see where we are then. I think you might be pleasantly surprised.
ATB
@JiffyBag - My aim is to short term monthly trade (1/3) and long term invest (2/3) of what I'm prepared to put in.
Totally agree with you regarding GGP. For its massive potential, it will definitely be a LT share for me.
Rockies, are you looking at GGP as a trader or as an investor?
It matters not a jot if we fall a penny or two does it?
What really matters is your assessment for what GGP currently has and what GGP will have by the end of the year. Day to day gyrations are pointless unless of course you are a trader. I'm holding on to my shares simply because I know they will be worth more after the PFS.
@JC - "Look over its past sp prices, gauge why it was at them prices" ... thanks for the constructive advice.
Rockies, I think you know about shares.
Goodnight
Viking
Look over its past sp prices, gauge why it was at them prices, observe the range and then make an informed decision if you want to buy into the company. End of the day you should be wanting to buy into a company because you want to , not because other people have told you to buy or not. I could say to you right now “nah the sp will drop to 4p for definite” but it doesn’t mean it will
Hi Viking, sorry not sure I understand what would make me "genuine" ... GGP is the only stock I am seriously looking at (and have posted on) for a mix of long and short term investment. The reason I want to learn re possible sp fall is purely to maximise profit.
@Releasepoint - Thank you.
Not good Rockie, shown your hand too early, if you really are genuine then looks like this share is not for you, not short term.
Viking
Rockies having a horror show as his first deramp poor
How much can this fall…
If anyone could predict rise and fall in share prices
They would be self made millionaires ..
You might as well google how much will ggp rise or fall on Monday .. !!!!!
Who Cares if you dont sell you'll be close to One pound in 2022
LSE removed the link. Not sure why!!! For those interested, it was market watch dot com.
Not sure how credible this link is as I am new to this https://www.marketwatch.com/investing/stock/ggp?countrycode=uk . The link says that GGP closed at 18.80 aftermarket at 4.39pm earlier today. I am a prospective new entrant so wondering if I should buy on Monday morning or expect further falls in the SP and thus wait for an even better price! How much can this fall !