Wrong again!1 Mar 2022 08:22
Well wrong about possible news at NEOM, but right about HFC going to Acciona, and right about not selling at the bottom! I was glad I added 20,000 shares at the low price too!
Posted 28 January, check the chart, it dipped below 28p and was just rising when I posted this!
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Needs it's own thread I think, so:
Worst time to sell is at or near the bottom, and when good news is probably not far away.
Right now is the most stupid time to sell out, as the price has already dropped significantly and clearly cannot go much lower, and even if it does it's not going to make much difference to what you've already lost by not selling weeks or months ago if you were actually worried, you can't regain that money by selling now, so it's pointless.
The other reason to not sell is that the HFC will be 'deployable in Q1' and therefore likely deployed, of which there are only 9 weeks remaining. Plus MACE will be deploying in Q1 as well, ahead of the red diesel ban. And Extreme E in NEOM in February, which I believe may bring further big news related to NEOM construction and Altaaqa. Plus there is high potential of the HFC going to Acciona in Q1.