RE: huge buys23 Aug 2021 17:29
All this chitter chatter about big buys and we`re up to 28.5p.......eh?...UP TO 28.5p!!!
The way people have been talking up the potential here it should be 48.5p, and all the while in the last few months the share price gets consistently lower in a downward trend.
I have wondered if I was making a mistake each time I sold more, but I dont now.
The market tells its own story, and there`s definitely something it doesn`t like here, otherwise the sp would be way in to the 40`s, and holding on to that level by now.
I`ll keep an eye on them with my remaining position, but won`t be adding again until the trend changes to the upside, and I do mean the trend over months, not just another false spike that gets sold in to...in fact I might just join in next time and get out completely.
I`m sure it will come good eventually, and I`ve taken some good profits...bags!...but at the moment I think they are trying to incorporate too many angles and arms to their creation, and private investors can`t be ar**d to try to digest all the relevant information, and can`t make the connection as to why they`re in skincare...and monitoring water for contaminants such as pathogens and clothing dyes!!!
It all seems a bit too complicated and separated for regular punters at this point, PI`s like to understand their investments, and traders like to see rising trends.