The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Usain I was far from crazy to sell half my holding a month ago as I’ve tripled elsewhere with SYME and EUA and still holding. Let’s see where it goes with this mornings rns and SYME has one too. I know which one I think will move more. I invest to make money plain and simple. No emotional attachment to anything I buy or sell.
For a lot of people their patience is wearing thin due to the lack of news. I personally sold half my holding and have invested elsewhere with good returns. Meanwhile my holding here is not particularly great with the 20k I still hold. I’m glad I sold out and went elsewhere but not everyone is fortunate enough to be able to take this path. Everyone mentions the big rns and news to come but this share has dipped after most rns. I’ve been in this from as low as 90p so seen it rise and fall a lot. Compared with other shares I hold I think the lack of news flow has been poor in comparison.
Hopefully this month will be the big month but I can’t see it going past £5/6 Judging on its current fluctuations. It’s strange as on paper it seems so good but the rest of the market doesn’t seem to be seeing it that way. Weird but that’s I how I’m seeing it now. Hopefully I’m proved wrong .
I’m on the fb group, gives some slightly different angles from the French perspective.
@ Allah4whatshisname I’m no snowflake, in fact I’m not even offended by your little dig at members of that group. Melts your heart doesn’t it xx
Accepting losses is part of successful trading and it’s probably the hardest part of trading for most people. I could be another 20k up if I had sold at £5 but I didn’t. Overall I’m up 170% since February so I accept the loss. Certainly not a loser.
Just waiting for it to rise again, got to be patient.
Why so many impatient people ? You only lose if you sell but losses are also something you have to accept when investing. I could have made a lot more if I had sold all at £5:20 but I didn’t. That cost me 20k. I eventually sold with a nice profit but that was after the rocky road to the profit. I got in at around 2:05 the first time and it went down 85p at one point. Luckily I bought more as it dipped at various prices. Right now I’m down after buying back in at various prices between 3:70 and 2:40 but I believe it will rise again over time.
Just got to be patient or take up gambling I suppose
Ducatiman a very sensible approach. I'm trading my sipp here but also aware there are lows as well as highs. You also have to accept the losses. Not everybody wins everytime but the wins outweigh the losses if you put the work in.
Sometimes it's best to turn off the prices and do something else then come back to it later.
Ncyt may seem boring right now but it’s stable and getting ready to shoot up again. I’m in this a fair amount and topped up again earlier today. Hemo has had a good day and I’m in that too but peanuts compared to my position in this as it seems a big gamble compared to this. I’ll probably cash in Hemo soon and take the profit.
Tbh I’ve not seen trading conditions like this for a while with so many huge rises in days, certainly a lot of opportunities if you seek them out. My SIPP is now up 200% since January so not complaining especially if this stock takes a little longer to increase even more
https://www.thearmchairtrader.com/novacyt-shares-coronavirus-testing/