RE: RNS tomorrow?27 Jan 2021 17:47
Good afternoon Naewise
the answer to that question is far and wide and depends on your personal circumstances. There is evidence which was posted here recently that looked at the last RNS when we had results on that day our share price only went up 7p. However after 10 days and the market had time to consider what it meant we had got to 467 an increase of 52%. Of course this time feels slightly different. We have had several broker notes offering advice on the expected share price on certain results which is a great guide. There is a perception that investors always sell on news but again imho i feel that again we are on a different path here and im sure many we want to read GM future statement to see if that is a wise move.
Lastly everyone's exit strategy will be different based on when they bought in, do they need to sell, how they feel about the company long term, all investors are different and all will exit at different times. Imho this is a one off opportunity for a long term hold, i am not as bullish as porky on here with his £53 share price but again that's his target and if he can afford to hold for that then that is all well and good. I have always said that i think we should have a billion pound mcap with an sp of £15. That will be a good marker in the sand to see if we can get there first and then by working on GM future statement to see if we could go higher.
lastly there are those who will be driven by greed and will attached to the share, the trick is i feel is to have an amount of profit in mind whether that be in money or how much percentage you feel comfortable with and when you get that point bail out. What happens after that you just have to suck up or count yourself luckily you got out at that price. I have been in long enough to remember investors bleating because they missed the £5 high in March, which at the time. I didn't as i wanted to hold.
hope that helps
regards
Bramley 167