Schrödinger’s cat situation10 Mar 2020 08:09
We are in a zone of uncertainty as Geoff Boycott likes to say. The Company could be doing very well with sales or it could be a complete disappointment. Mr Market doesn’t like this uncertainty and it’s hard to see the needle moving up until there’s some hard news. What we do know is Covid-19 is a massive and growing problem and I’m quite willing to sit on my hands, no matter the fluctuations on the share price ,until I have some definite news. My view is that it is probable that, because of what we do know about the spread of the virus, that the sales news will be strong. I’m prepared to take the risk that I’m wrong as I think there’s a massive upside potentially, and I do stress potentially. If the price falls back much under a quid I will be looking at a top up.