RE: STILL THINK...5 Jan 2022 11:19
PI100......Im also struggling with what to do. But here are my thoughts........
I spent the whole of last year getting more and more angry with this share. I watched it go up and watched it go back down and never sold or bought any shares. Today, I find myself frustrated with this share and we are at the start of a new year. That is not good for my mental health!!!
I was also named a deramper although most would accept that I have been correct on 95% of my comments as well as the share movements.... I just didn't follow my own advise!
I could have easily grown my holding by trading this share but I didn't due to my own FOMO and confidence in my decision making.
The fundamentals do not matter on this share, that is as clear as day. We do however know that we have good products, good R&D, good revenues, good profits and no debt. BUT....we are a slave to the media and I don't see how that will change. So it seems the wrong decision to completely sell up, with all that knowledge and risk it on another stock.
But, as I said above, I can't spend a whole year doing nothing. So what I will do, is trade a percentage and make sure that I do not buy back unless I can buy more shares. If the share rises, I still have some shares in the game. I might win, I might lose but I need to start hedging my bets. The question is, when to start, is it now leading up to the results or after.