RE: Next stop?9 Feb 2021 13:01
Hi EP - I de-risked in January leaving 1,400 shares in my non-ISA account & over the last 3-4 years have Sold some 75% of my shares & over that time achieved 'Break Even'.My 1,400 shares are now worth £11,374 (up 122.30%) & cannot Sell because of CGT limits.
I realised my error in January & bought back in a few days after 1,445 shares now worth £11,739 (up 78.93%) in less than a month but are in a Stock ISA.
I can understand your dilemma EP as I have been in the same position on two occasions & did not Sell at great cost to me.
The sensible thing to do for me is to Sell today my ISA shares & pocket the money but who would have thought the shares would have gone up 24.89% yesterday & will this be repeated today.
I remember talking to the Chief Scientific officer at a Summit AGM 2 years ago & he said that if Summit are successful with C-Diff the SP increase would be significant I guess double or treble & likely more if Summit go to market is my thinking now.
I have e-mailed Summit this week on the issue of the trials & I am awaiting an answer but if the current SP is a blip down it will go back to where we started.
I will await the opening bell with finger at the ready & based on my previous experiences should Sell (Third time lucky).
Regards to all.