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Steve
It doesn’t matter what it eventually goes up to, it’s a fact that if sold at even 8p and bought back in at 5.5p, you would already be 24% better off than you are at 5.5p, which would then increase further as the price rises in future.
So no matter what you suggest, you’ll always have less than you could have.
People say this like it’s a positive thing, holding onto something whilst it drowns, even temporarily, is a very poor money decision, I learnt that the hard way a number of years ago.
There is nothing bad with selling out at a peak price, I sure wish now I’d not been hit with constant no quotes around 9p as I would have been out at 50%, instead I was out at 10% where my stop loss was.
Lambasting people who have sold their holding is not on at all, and highlighting that you haven’t sold a bean just shows how poor at this game you are.
Looks like I’m out, my stop loss got activated this morning, as did XTR and IRR, I still lost quite a bit here but nowhere near what I thought I had lost a couple of years ago when it completely tanked.
Good luck to those left, hope your RNS comes out tomorrow.
Share price has held up reasonably well considering the sell off qty.