RE: plan?9 Feb 2019 10:56
An investor researches an investment, sets a target price based on known facts and holds until said price is hit or facts change.
None of the facts have changed since the 48p sp and the ‘short term’ target price for many on here (based on current facts) ranges from £1 to £2. Long term, with BE in play, who knows.
Once an investor tries to time the market and jumps out they tend to then focus on the reasons not to buy and miss out on the buying price. For an Aim mining stock focussed (mainly) on mining one mineral in politically unstable SA there are many potential risks. Investing however is based on balancing risks and fundamentals to make a return, not short term price movements, you are confusing investing and trading.
I admit to adding to and selling my BMN holding as price changes. I reduced my core holding to 200k when the price first went over 40p, my holding has now drifted back up to 300k and will probably get cut back to 200k once we approach 50p but that is to ensure I do not become over exposed to any one investment in my INVESTMENT portfolio (my 10% rule)...
BMN is an investing stock if you want to trade try the current pump and dump stocks, (just visit Twitter for details)