RE: Laughable!31 Aug 2021 19:49
Yes, every investment is a gamble, whether its a house, land, gold, wine or shares.
The trick is to try to buy at the best price, and some of the buyers who got caught in the spike today, paying 1.30p+ will have to nurse there wounds because they are now underwater. I just hope they didn`t buy because of some of the outrageous fake claims on here.
Their pain may not last long if there`s a good flow of news, but if they bought in on the ramps here then thats their fault.
I added a small trade at 1.25p near the close, but had to wait all day for it.
If there`s a new CEO RNS in the morning, which was stated as the start date for the position, and its a good one, then there will probably be more buying.
But if there`s no RNS, or the new CEO is not what investors were hoping for, then there is likely to be more selling, at which point I will be monitoring where the sellers dry up to add a few more at the lowest possible price, because I believe this will come good over time.
Don`t be swayed by what others say on here, they are anonymous, you will never meet them, and they have their own agenda, which doesn`t include your financial health!