Location Scienc Share Price (LSAI)

Whippetout
I agree to a degree and like you am an investor not a day traded. LSAI is basically a new company just gaining traction and we need liquidity. Because it is not yet established and as a new tech Intangible we have no idea where this is going. For me at this moment in time it's not a share that I would consider to be a long term investment, as my long term investments tend to be safer established stock on the main index. With this share my hope is to make a few bob and follow Mark Slade to his next project. Whether that will be the case only time will tell, as we might still be here in five years. Another consideration is age, and I have been investing for some 35 years, so my strategies will be different for many reasons. AIM can be really exciting on the odd occasion, which the main market rarely is. Current this is very exciting imo !!

But overvalued stock brings volatility and I cant be arsed with the risks of stock price falling off the edge of the earth one day for no reason. Its great being a 'trader' as you can sell high wait for the drop and buy back in wait for another rise. I am not a day trader I'm an investor. I would rather have a steady grade rise with a few minor bumps over 5 years and reach a hypothetical pound each than have a share graph that looks like the Himalayas and still reach a pound after 5 years.

On another note there are more LSAI owners in IG now that a few weeks ago. Quite a lot of new buyers.

Due to the timing of the rise last week it could be born about half year financial results. With 2-3 weeks since the end of June this is roughly how long it would take for accounts at LSAI to realise half year results and info spread around. People buy in before a jump in September when the half year results are issued.

Whippetout
I'll take overvalued all day long! as have too many shares that are undervalued. If this went to 20p tomorrow I doubt many would be saying it's gone up too much lol As I said earlier imho if the news is what we expect we will kiss the current sp bye bye !!

All imo pdyor

I might buy a few more when I get paid next week. I was correct yesterday in saying we had peaked for now. It was exciting and it was a good week but I would fear for the volatility of this share if it got carried away with runaway momentum or a hot hand with as yet, no hard financial evidence that the company is stronger. I want to see numbers. I've noticed a few of the posters mentioning bidstack but that momentum looks to have carried that share a bit beyond its value.

Much safer imo