The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Mr Nash, I clearly said yesterday this will drop and today. Its very unlikely to just go up all the time isn't it and due to the fact my average is 14.80 I've got lots of time to bail.
But what amateurs really do is come on boards and make out its all doom and gloom due to one days losses any fool can see AFC are ready to gear up and anyone that is selling at these prices are stupid you should be buying and stop looking at daily movements.
Just make it up. Look at buys and sells ratio, today and yesterday and the market gives 7% rise for 3 times more buys but then gives a 9% drop for 1 times more sells haha
Mr Nash you sound like a clever guy so try and understand the 6% if people think they are clever selling today at 20.5P ATM they still need to pay 20.25 to buy.
Everyone fully expected this to drop today, I was thinking about 4% so seems overdone but in realty I still believe 30p is around the corner so if you have brought and held well done this looks like a shake to me so I will see where it goes.
That was my point Melvan and co are short sighted, this might bounce around due to rises and RSI but looking at the bigger picture AFC is now in this best shape and place it as ever been and it will likley just go sideways ways once it needs a breather rather than straight down
Will be restance area, once this is broken which will be soon Helikon will start reducing than 30p next stop with ups and downs.
Then is no news or no big news comes through this will settle down back to 20p ish but if some big news comes through this will sit at 50/60p which will be its next test.