Thought for the weekend!29 Apr 2016 20:14
There are clearly many different types of investors. With a small company like Plutus there are a few investors who see a real opportunity for long term substantial gains. This type of investor will be looking to hold for a minimum of three years and will be holding when good news hits. There are medium term traders who are looking for signals to get into a share that looks like it is going to have a short term appreciation and will seek to exit if the chart shows signs of reversal. Some excellent profit was made last year by investors in Plutus who followed this plan ; for example themadstork. The share price rose over about a month from around. 0.8 up to 2p. One bad RNS hit and many exited round about 1.6 for a nice healthy profit. Then there are day traders. 95% of day traders lose money and ramp, pump and de-ramp in equal measure. If you make money day trading it is usually more by luck than by judgement and is very seldom successful. Plutus has planning permission on 3 sites. One site is nearly ready and two more will be looking for grid connections this year. Planning permissions are being sought and they will be achieved, if not first time every time!! From plans being approved to connection will typically take the best part of a year and sometimes more. Personally I intend to get rich slowly rather than poor quickly