RE: Low volume BS rise14 Oct 2018 01:02
Mazik my good friend, while I also suspect some fair company news ahead (given the sudden rebound), and while I think we can expect a rise to 6-ish early next week, I want to say that: Please please dont throw money after a falling stock!! Especially not if its a "punt" stock.
IMO allow it to bottom out nicely. And forget "your average", as this is just an ego thing.
N4 has never been a long term holding. Its been just a swing trade share. Even if this spikes 200% up, which could happen, then later there are likely drawbacks that could take it 50% down one morning. These kind of shares are NOT long term investments.
While all could come good here, IMO the club of insiders will try to stage a management buyout at some stage. Maybe 10p? Maybe 12p? And then what? What about you and 150k worth, or 200k with 14p average?
Maybe this helps to explain that no AIM share is a long term holding. Why not?
Come back in 5 years and see foryourself :)) Either way they will have moved on.
The average price is only relevant for LT shares. A share that has maybe deflated a little, a share that is within sideways, and that soon will surpass its former high. These facts are not given here.
N4 has never been a long term hold, it was only a swing trade.
A good eample is KAZ minerals: When they dropped through 1,000 and some PIs ignored the broker note telling you to sell, they could still turn their luck when buying more shares after KAZ has bottomed out around 450p.
This is a long term hold that you can handover to your family someday. Even if you have to wait 5 years, KAZ will likely be 1,000 or even 1,500p again, which then means a huge gain for your existing holding plus your substantial new entry from 450!
Not so with N4p. This company might not exist in 5 years anymore. While its products will still exist (if they turn out worthy). Also Nigel will still exist. But what about your holding????
Not even a small percentage of Aim shares exists ten years ahead. Not Range Resources, nor 88energy, nor that UKOG hype. Yes, they are still listed, but they are trashstocks for poor men betting.
Is that you?
Maybe keep this in mind, when handing over sums like 150 or 200k here. I for one am not doing that. This is totally out of balance of "Money Management" for a normal private man.
I for one dont want betting gains. And I am never putting my life (or that of your family!) on the line.
I want gains realized within a very secure frame. TA signals are half of the job. The rest is gut feeling and good money management.
Did your stomach feel good when you pumped 150k in here during 25p, and then saw 18p one morning??
Did you fo any consequences therefter? Or did you just believe in this company??
Never mind if this comes good, its far too much burden and too much risk.
Sorry for my silly weekend esay... Just sharing some experince from my share dealing since 1994.
To average down from 11, 10, 9, 8 and 6p has n