RE: Bottmzup9 May 2018 20:46
munchbox54, I hope you`re right about the 37p test once the main design and build contract is signed, although I may be a little less optimistic about that than you. I know it went that high on just the speculation previously but sometimes on AIM the over-exuberance kicks in and the day traders have their fun. I can see it going in to the 20p`s though on the announcement day, so who knows after that...they do seem to be in a good place at the moment with plenty of optimism re all of their tech and the sector their solutions target.
Some have decided to sell and take their relatively small profits, but a profit is a profit and on AIM that`s a result.
I didn`t sell in to the rise myself even though I`ve been more of a trader than an investor in the past. Thats because I`m trying to mix the two strategies these days, and Modern Water is my main investment at this point with all that is known, and the patterns of potential on the charts.
The ones that took profits may well be watching like shitehouse spiders waiting for `that` announcement..or any others for that matter...to get back in, thats what I would do.
BUT, they are taking a bit of a risk that they have to pay higher to get back in, and of course, being the AIM market, they may well find that they can`t buy back in when they want to straight away, and that can be frustrating, specially if you decide not to take the higher quote only to watch the sp double in the following hours and days.
Good luck to them, but it will take a more realistic rise for me to be tempted, so I`m happy to hold on for that and looking forward to 2018 with....controlled exuberance!!