MTPocket20 Oct 2013 22:46
In my Jolly amateurish view, it pays to assess the character of the company and its sp before deciding whether
1. to be mainly long & strong with some effort at topslicing
or 2 trade the spikes (which can sometimes be disconcertingly v substantial... rrl comes to mind)
...so plenty of the big big gains come from riding the wave/momentum of rerate as the company performs better - or executes an effective turnaround - and its shares come to the attention of a wider set of investors (cf CGS, RBN, TFW, THAL, GBO, GAH, RGS, SAG, DWHT/A, DTG, PIC, QPP, GBG, TRCS, NET, REDT, ?SAL, ?IDEA, ?HSP, ?RGD, ?VLX, ?VLK, ?ASH, ?ALU, ?TSTL ?NTQ ?PPR)...jumping in and out of these shares can be dispiriting as the retraces can be brief and shallow and the next leg up sharp (I've tried many of these/often with distinctly mixed outcomes lol)
...but most companies/shares on AIM imv are not in that league... and are beset by challenges around markets and management..these "fickle" shares are better played in my Jolly humble & amateurish view for the spikes and inevitable retreats/major retraces
...not sure about CCE...yet
...aaoo/gl