RE: i thought energy shares7 Jan 2021 12:59
The dip is healthy IMO, shares are simply making their way back to the market makers. Just look at charts for ITM and PHE... it's always the same after a very sharp rise. Providing news flow stays healthy we'll see another jump soon enough.
Today is likely the result of stop losses triggered due to warrants going through. The RNS did state 'on or around 8th Jan'.
To give some perspective... back in September when I invested, I sat there and saw -(20%) by October, that was way before any big Norfolk or Billingham news. I could have panicked, I could have sold, but I didn't. Now today even on this dip I'm still up over 300% and haven't sold a single share. People expect a 200% return overnight these days. Patience wins, every time.