Its FOMO, but I found my returns increased, when I started taking profits sooner and not worrying about missing another gain. I have actually sold most of my NCYT today at £10.50. So be it if it goes to £15. There is as much chance it will pull back and I will be back in. Its never easy, I guess it bothered me more losing a profit than missing a gain. May be different for someone else.
Magsy, My point exactly. Similar to Longrun here. people feel they need to back just one horse. Not saying its wrong, but there are not many people who hit it big and keep the money.
Longrun - Awesome. I just hope you sold some higher up. If I take anything away from hindsight, it is the MMs have played this and if you traded this, you probably could of made money almost each week on this. I didnt. But I will sell my lot £1.01 I got today as soon as i can, cos this game could go on and on. Yes if the RNS drops, I wont have as much invested, but I am happy with my returns over all across my portfolio, which has been helped greatly by NCYT. If this takes off like NCYT I will use what happens there to increase my gains. I successfully sold out several times and got back in lower. I made money because I bought/ added, not because I was holding when the news dropped.
Agree with Magsy18. Why does this 'bad news' need to be out first, if assuming the good news is the approvals and or sales, it just wouldn't matter or even get noticed that phase 2 is a bit late. Seems a bit conspiracy theory to say that this news needed to be buried. Maybe as it is always stated on here, he is just sharing the news as it becomes available - as he is obligated to do so. As for Barnet Peter discussion, if you really cant see that making £1.50 today in NCYT is better than losing 20p here, you are in the wrong game. I would guess the truth is some of the people who bought in big are locked in and have no choice but stay loyal. I spread my investments, and as NCYT took off, I added more and more. Why wouldn't you? If Genedrive can repeat NCYT success, then there is plenty of time to buy in, I was adding to NCYT at £6, £7 and still made good money. If your honest with yourself GDR has not been a good investment, and as was pointed earlier, the cost of opportunity has been substantial for many. I have a small holding here now, I do think it will make money, but there will plenty of time to add, how else will it get to £5 if I cant buy in.
Sold up due to bad vibes from the 5 month low of the Ftse 100. if I'm right ill buy them back, if I'm not, I did alright here. 2300's to 2700, then some trading 25 back to 26 a couple of times. Hard to see any blue chip making new highs in the current climate.
Have to agree. The hardcore few on here are literally radicalised about GDR. Its an RNS about no sales, and something about next year. Meanwhile I made 10% in NCYT over 2 days. I hoped it did go higher, I would of sold above 128, to break even.
RE: AZN , HIK all are down so it is sector based movement which is temporary21 Oct 2020 06:10
I am invested in HIK. It is at an all time high. Yes the stock was down a little yesterday, about 1 or 2 % but I don't think it fits in the context of what you are saying. Conversely, I was invested in GSK and can remember the days of £17, so would agree that this stock is down.
Could of had 99.6 earlier, but im holding for a bargain LOL. See more sold than bought today, might get in under 99p tomorrow. If I dont, then I dont. Already a big holding here....cash waiting...for the right price MM's
I am holding for the dividend and adding if this does drop. Bear in mind the ask is still £1.00 so not discounted much. Note, 100k sold 10k bought, where have they all gone! Hope the ask is below 100 on Monday...
Interesting artificial on radio last night about : False negative Covid-19 tests are being sold near the Mozambican border post of Ressano Garcia to anyone who wants to enter South Africa, the authorities denounced on Tuesday. This was because it was cheaper to buy a fake than pay for a test which the news said was about 40 dollars for a test.