RE: Potential 3 or 4 bagger short term?22 Aug 2018 09:56
scully - just catching up on posts last night. re your question over on the other board, i keep trading on aim shares simple. no shorts or spreadbets or similar stuff.
i have about 10 on my radar where i feel i have researched them fully, and purely buy on dips and falls in sentiment, and look for 10% , if i can find it. i don't like holding for too long, if i can help it. sp spreads often make it challenging.
it can takes and months on some of these bb's to understand the interaction between lth's and those looking for a dip. often when news is awaited and is delayed, sentiment can turn and long term posters seem to get defensive or perhaps nervous. then i tend to test resolve with a couple of challenging posts, to gauge reaction.
so nothing complicated for me. i don't ramp, as when things get bullish everyone gets on the band wagon, and its job done. on a number of occasions, i have jumped ship with a small gain only to see a sp continue onwards and upwards, and in those circumstances others may well do better than me. but if they hold too long then often they give back their gains, which is frustrating.
on the other bb, it may come good with all falling into place, and people could get their money back, or make a bag. i'd rather trade on the dips, also i may be unfortunate, and be holding at the time news drops, which would be an extra bonus lol.
looking at okyo, its just too early fir me to speculate, i have not done enough research, i know you are bullish, i am watching from the sidelines, to gain more of an understanding. it could pop any time i guess.
i tend to like those long term exploration co's, like the weald oilers. - always news, always speculation, so many different views, and options as to which horse to back. often disappointments on the way, but always more opportunities to day trade.
only a bit of a hobby on aim with me. i am retired with a pension, and 90 -95% of my portfolio, in boring ftse, growth and dividend shares.
imust get ready for the gym so i'll look in later.