PSL:-17 Jul 2018 13:39
And here's the other. Any reason to delete them?
And what is my interest here you will probably ask.
Well I had 3,500,000 shares here at an average of 0.38p, bought after the last placing, and having held them since 2cnd May - about 2.5 months - during which time the shareprice never once rose above my buy price and during which it sank as low as 0.24p leaving me over 33% - over GBP4500 adrift - I got lucky yesterday and managed to offload the whole lot at cost price. Even today right now I would be back to GBP2800 adrift.
I don't rate holding a share where the shareprice only goes down. There has been no contract news now in the last 2.5 months, the previous release of the product failed and so far the new release has only come up blank so what is there to get excited about here. In fact the only exciting thing is the low m/cap but experience tells me that will probably only just go lower.
Anyway I haven't given up here and any day PSL announce any positive contract news I will buy back in and I can assure you that will be quite easy and I will make as much profit as I would of by holding here.
Oh and I may buy some back if the SP goes back down to the mid 0.20p's but then only to trade when the SP gets pumped up by the impatient LTH's.