RE: Possible double top20 Jan 2021 17:30
I have been in ITM, CWR, AFC when they were twaddling along with no news for extended periods of time, low low sp and no prospect (known) of anything positive coming out of it at any point in time.
Just some RNS now and again about collaborations etc.
I am thankful I didn't sell up then on the basis of no news, since the companies were continuiing to work in a manner which made the SP rise when things were ready.
I observe two things:
1. AIM stocks and charting is a poor pasttime. Those indulging in it are not doing themselves (or others) any favours.
2. With 'penny' stocks, even a couple of pennies can make a HUGE percentage difference. Not worth looking at it from that point of view as well.
Best is to DYOR, confirm the tech, check the horizon, read the RNS'es, look at YouTube videos of the past about the company and then arrive at your conclusion.
I did and am willing to wait it out until 2025, if need be.