RE: Luvvly jubbly10 Mar 2021 12:26
I wanted to jump back in after a short hiatus sorting out my US shares (its all blue now!).
Fully exited KNB yesterday with a very tidy sum of profit which I plan to recycle back into IAG (mid hold), CINE (mid hold) and .... BNGO! (very short term). That's my 3rd profit cycle on KNB, no more.
I bought and sold IAG last week and waiting to re-enter again around low 200s - hopefully end of this week or early next (no intel, just looking at candlesticks - yes, not far off from tessomancy, i agree.)
still in CINE after taking advice to heart - was about to dilute today seeing its close to 1 but i reckon there is a bit more down to go. (0.95? Divination course is working well for me. NOT)
BNGO is currently hot on reddit - sp is behaving like Gamestonk in the early days before it went mad. I got in on Monday and currently up 30%. Target exit sp ~14-18, likely it will hit before 23rd Mar (4th Q results) - be mindful its a rollercoaster sp so diamond hands needed until announcement - should not be a surprise, its reddit push. unlike Gamestonk, BNGO do have strong fundamentals.
on IAG, not sure what the debate is - sp will fly. Question is do you buy now and fly with it to Dec or longer, or look for a lower sp entry and fly too. Numpties like me for example, do the latter and waste a lot of time checking sp. Unless you have a short term need for cash (bathroom, bike, toys, argos plastic pool etc), just dip in and let the sp roll to Christmas.
as always, do not follow me, very bad strategy. DYOR