RE: itsgambling7 Jun 2018 15:49
for a short term trade, I expect a bounce off 19p, yes. Not sure it'll be worth more than 20% though.
Bit of a toxic situation longer term, with institutions still trying to offload and pis becoming less willing to give them an exit. At some point the average pi will capitulate and stop averaging down, that could see a substantial drop.
Then it becomes a buy opportunity.
IG