Member Info for dgbell7

Respected pi Myles McNulty thinks this is one of the best prospects around. If you look him up on twitter you’ll see his recent posts about SAE. Unfortunately Myles doesn’t post here but I think it’s well worth following him on twitter.

I think that was just someone’s view on the chairman’s video interview from Friday. He certainly sounded bullish but we’ll see. It could easily spike up at some point in the next three weeks while we wait for an update. I topped up late Friday at 3p and this is turning into a large position for me so I’m reasonably confident.

1. General Covid share weakness today , with the threat level being lowered. Doesn’t bother me as my view is this will be with us for a long time to come and there is a clear need for this app.
2. Good news but no sales yet and not ready for market for 3 weeks. Many investors will start sniffing around again closer to the end of that period. There are a lot of day traders who will take a quick profit and clear off as soon as they see the price turn.
3. When price turns a lot of panic, increased when it goes red for the day. This is a very small company , expect great swings on sentiment as it’s very easy to move the price. Remember markets can be perverse and do’t always go up on good news.
4. If you believe the product has a reasonable chance of success then this was a golden topping up occasion. I would have but I had no uninvested cash today.
5. Set yourself a sell target. My personal target is 6p when I will sell 20 to 30 percent of my holding and then set a new target. I reckon that could easily be reached before the next update but if it doesn’t I will just sit tight and see. It’s a good idea to have planned exit points. On this occasion I have no low point exit point, I will just sit on my hands and wait to see if we get to 6p.
Anyway for what it’s worth that’s my strategy , gla

I wonder how far it will take us today- starting already

Can’t see it holding below a quid for long.

Watching the trades looks like actual spread is more like half of what’s quoted. Still pretty wide even though. Vastly encouraging for us holders to see this swift rise but I’m not selling even if it pulls back.

I’m underwater here but not overly concerned.I’m prepared to wait for news- or 4p plus without news! It’s such a small market cap it’s so prone to these big swings. I topped yesterday. I believe I will get an opportunity to get out with a really good profit at some point. My average price 2.65p

Topped up at 37p. Will not be selling for less than 80p prior to results of the trial, or will wait outcome of the trial. I still expect big momentum here late June.

I had sold a week or so ago at 7.4p and back in at 6.2p , not a share you’d want to be out of for long and looks to me near the bottom

Big bounce back

Has rallied hard from 120

Would be a very bullish signal if we do.

I don’t know how you know that but it makes sense, they would have little credibility as distributors if they were selling out now.

This may be the turning point. I did a small top up at £1.30 . If we reach a quid I will do a bigger one.

When buyers start coming out of the woodwork as they think it’s cheap- don’t know when that will be obviously but we could be close to it- then there will be a sharp reversal as FOMO takes over with all the people who have sold out. Well done if you can time the top and bottom , you are better than I am, I’d rather hold and wait as I have a high degree of confidence in the company. When it turns you will not be in any doubt as it will be a surge upwards! Keep the fundamentals in mind and the potential size of the market for these tests.

It’s hard to swim against the tide when the market is moving the other way but this is when your conviction will be most tested. I place shares into 2 types, conviction hold, like here, where I will hold for a specific event ,news, and reassess then or shares I’ve traded the uptrend and I intend to sell when sentiment turns. I have an average buy in here of 62p and so I had a large position at £2.10 . I will not be shaken out here but I always reassess when there is concrete news. The other underlying factor may be a sentiment that Covid will die off and this product will be unnecessary. I don’t think that is likely in the short term so I’m not being swayed by that . Sometimes sentiment seems so strong you wonder will it ever change, then suddenly it does-often for no apparent reason!- and suddenly the tide is strongly with you. You have to learn when to sit on your hand. GLA

Topped up at 1.62.
Hopeful of a rise back to 1.70 later.
FOMO as we near close of business.

Just tried to top up, no surprise NT

When I start to see a turn I’m going to top up. When it turns I think it will rise rapidly. Nothing fundamentally has changed so patience needed.

I agree. Underwater here at the moment but I’ve done my 2nd top up today and will be holding at least until there is some news. Very small market cap and so vulnerable to large share movements with no news. You need to have conviction on AIM or you’d be blown all over the place.