Toltorisk
Couldn't agree more. No use trying to second guess the SP. Either hold long or get rid imo. I've tried trading this in the past and usually got it wrong. What concerns me is that there is no apparent explanation for this volatility. Well not to me, anyway.
Truth is that nobody knows what's going on with this share. No logical explanation for 50% rise in last 3 months.
No logical reason why my IAG shares haven't taken off either given recent results.
Who knows. Who cares? Personally I couldn't care what I'm invested in as long as it makes money.
I ignore technical details because they don't mean anything to me. I just watch trends & future potential. Sometimes I'm right. Sometimes I'm wrong. Sometimes I think a reading from Clinton Baptiste is more informative than my Financial Times subscription.
Lecture over. GLAH
Noggers.
It's a gamble. No one seems to know why it's rising. Lots of small sells but keep your eye on the few bigger ones. I'm tempted to sell but haven't. I think something's behind the rise. Just my opinion, obviously. Hold.
What concerns me is that the SP shoots up & down for no apparent reason. I held these shares when they were £12. Bought & sold many many times. At a loss overall but delighted to see it rise again. I would like to know why though. Otherwise we could just as easily slip back again. I sincerely hope not or I'll be chucking my laptop out of the window
Gregmn
I would have said that a few months ago but I think somethings changed somewhere since then. I think £2 plus is much more likely than £1.50. This share as you know, is highly voluble, for whatever reason. As likely to be £3 imho than re-visit £1.50.
This board becomes increasingly entertaining as AFC hurtles down. We all buy shares to make money. Fact. Now and again we get it wrong. No one loses anything until they cash in their chips. I've got 44,000 AFC and I'm sitting on a fair loss at the moment. But I'm convinced that in a few years time we'll be over £1. Now is definitely not the time to panic & sell.
Unfortunately AFC will fall further along with everything else in this sector. Until we get inflation down interest rates will continue to rise and on top of that we have the Ukraine situation. I'm not topping up yet. AFC will not return to 50 pence plus for at least 18 months. My opinion only of course. Hold & wait.
AFC has always been a long term (5 years plus) investment like most of the other 'Green Tech' firms. That's why it's absolutely imperative not to swallow all the garbage that gets posted every day. For letting example 'wonderful buying opportunity' 'stock up withthese prices' 'One pound just around the corner' 'massive demand' etc etc etc We are where we are. Full Stop.