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I used to love trading the spikes across aim but beware. This has huge potential, just like Sareum did some years ago that I would regularly buy/sell between 0.2 and 0.6 for two years, I was unstoppable!
But one day it didn’t retrace. No, it went to 5.4p in a week with barely a pause for breath. I couldn’t jump on a spike for fear of impaling myself and going against all the rules and heaven forbid losing my measly £2k profits which were now pathetic in comparison to what could’ve been - I once had £5k in at 0.16. It was like someone punching me in the stomach every time I checked the price - which was literally every ten minutes! All that time, effort and research in finding the right stock and completely blowing the payday. Never again, my biggest ever lesson ‘investing’ on aim.
GLA
Beware the low hanging fruit! It hurts like hell.
138.00 in a year? I’d take that but with stars aligned and a green light, significantly more over 5 years. IMHO https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=GCM:LSE
Could be a sell-off in next hour but nothing crazy. Profit is profit but I see this as an investor’s stock now although I do have a chunk to trade but not ready to give any away yet and will probably keep averaging up on any pullbacks. Gla.
It’s a binary investment. Black or white but with shades of grey if you want trade it. Made a tidy profit last week but back in again this morning when it didn’t collapse.
Will always hold some for that +-1000% day that may or may not come.
Might get a bounce here… https://twitter.com/financialjuice1/status/1503633389307535363?s=21
Offset your losses? This is purely a speculative buy with hopes fracking will get the nod. If it’s blocked again it will plummet. Place your bets and spin the wheel but the time to buy was low 20’s and those buys have cashed in or seriously top sliced already. Imho.
Not here for 13p so happy to hold. Risk/reward worthy of a ‘hold’ especially with current climate which is probably why the interest. Traded this in 2009/2010 but definitely not stepping off for 25% gains now. Expect a bounce later.