RE: AVACTA - my view18 Apr 2023 12:42
Shut up with this gap b0ll0cks
people concentrate so much on this crap. TA has a place but in AIM it just doesn't.
If the MM's get a serious order they just steer the market to fill it. and that may pass through 122, it may not. Whoopee do.
If heights sell some or all of their next batch of shares, it may pass through 122..
Then, magically, all the crayon munchers will pop up saying they predicted it would fill the gap.
Forget about gaps. if you're waiting for a specific price, you may end up waiting a long time....I've not bought any since we were down at 40p after orginally buying at 18/24/46/55 and a few in the 130's first time around.
If I'd waited in accordance to the TA lot, we were going to 20p. I'm just sitting and waiting.
Not advice, but just buy value. Whether you buy at 130p or 120p, if this comes good, what you paid won't make any difference what so ever as it will be multiples of.