RE: 40 mins ago10 Dec 2020 22:11
If you look back at when H1 results were announced (27th August), the share price dropped by about 10p (in today’s currency). The update was based on hypothetical scenarios and was surrounded by ambiguity (no end date to pandemic, looking at ways to strengthen balance sheet, still making cuts etc et)
Totally different ball game this time round - we might see a small dip but it’ll bounce pretty much. Just take this board as an example, a lot of people have sold based on a risk and reward model - expecting it to drop but are itching to get back in.
A lot of nonsense being posted recently but the reality is institutional investors are not in this for a quick buck, hence the recent stability, and lack of open shorts - I think we’ll be good.
My only advice would be, don’t listen to all the retrospective dribble on this forum (it’s easy to call it after it’s happened) - stick to your strategy, don’t get greedy and always do your own research.
GLA