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Thanks Alan.
Yes, the wording I used is how he put it across to me. Alan is right, it's not easy and takes time, patience and hard work. He is looking at the market growth potential, PHE becoming part of a larger company and being amalgamated into a growing sector. It's all speculative, but he is in the energy sector, and from an electrical background and he sees the success of the hydrogen sector coming from partnerships of a few different companies. I'm not saying I agree with my brother, it's his opinion, but his vision is different.
Look Sandy, it's each to their own, he's invested with his belief and you with yours. I hope every makes a ton of money on all their investments, I hate to see anyone lose out.
I bought in at 1.7p believing this has the potential to be over 50p a share in the future. My brother believes this will go over 150p easy over the next 3-4 years. We are long term holders.
My point is forget about the people who bought in at 0.05p or 1p, good for them. If you believe this company has the potential to hit above a certain price then buy and hold. Do the math. If you buy in £10k at 3p and it goes to 30p that's £100k. Even if it takes 5 years, who is lining up to convert your cash into big money? Forget the swings and hold your position. Don't forget your end goal. If you believe this will never reach anything worthy then go buy something like OKTA as it will definitely grow, but your buy in is £150+ a share, not 3p.
This will get closer to 60p so the rich boys can buy in then.........
Bam! Upscale!!!
Just a matter of holding on a little bit longer. Patience is key. This is having a little drop before it goes up. It's a normal trend of fluctuation before the next scale up.
Don't panic, don't listen to the idiots and hold firm!!!
I'm definitely a novice mate, fairly new to the stock market. I understand your point of view as you have the experience and knowledge base to see the situation differently. It worked for me so I will praise the guy, but it was risky.
I always remember what Del Boy always said "He who dares Rodders! He who dares!"
I bought in at 50p too, but I wouldn't have been aware of the high risk opportunity that presented itself if BFATH didn't mention it. I then topped up at 37p and bought some more at 30p. I then sold at 46.5p and managed to get back in with a big holding at just over 40p. Now sitting in a good position with a nice volume of shares. He showed me the company and I used the fall and rise to make my money. It's all swings and roundabouts.
BTFATH mentioned AML on this board and I went on to make some good money out of the drop to 30p and the rise back up to its current level and I'm still holding a buy back at 40p. I see no harm in traders helping others with recommendations as the onus is on the buyer to research and take the risk.
ODX is about to go up, but may not go up and may stay down. They are working hard to get the product out that is tested and approved, but may not get the product out. So we can guarantee the share price will go up, but may not go up, should go up, and may struggle to go up, but will go up. So people should take the necessary precautions and protect their investment through research and government advice. Buy ODX, invest in ODX, you will make money, but may not make money, and may bottle it and lose out, or save yourself a loss.
Magical Trevor is a funny guy! I've seen his posts on Tullow Oil, I think it was, and maybe AML.
Makes no odds to me if people top up or not, but if you are invested, confident where this is going and realise how quickly the market can change then it's worth topping up.
I've spread so not putting everything into this, but I've bought another £2k worth. I'm also invested in AML, Powerhouse Energy, Nel, Roku, Quidel, Okta, Twilio, and a few more.
Down to 69p. Topped up some more!
They need to buy shares in the stuff because they're taking it hard.
A little help for the short positions maybe???
We've got to be in it to win it!
He who dares..... He who dares!!!!!