RE: Hindsight is a wonderful thing5 May 2021 13:53
Hi Dougnew. I am in exactly the same position. Got excited about the potential, and others excitement and having done some research was chuffed to invest a good chunk of my portfolio in this share. Almost from the day I invested it dropped. I'm down now about 60%. Not sure I'm keen to give advice given that position so I'll share my thinking and you can add it to the mix. I'm still excited about the tech and potential of what it can do (I do believe the results / recent RNS seems good). I'm disappointed by the Directors selling (irrespective of all the reasons put forward as to why - they have limited their exposure to the drop), it feels like a 'product' is months away, I don't buy into the professor and his tweets (just feels like a cleaver guy getting excited with no concept of the impact on the SP of his comments), I don't buy into market manipulation theories - believing many far more informed and cleaver people than me have sold (hence the share drop). So why am I still here - 1) because I don't need the cash so unhappily will take a gamble and not yet crystallise the substantial loss and 2) because I'm hoping that they sell the IP quickly so I can get out. What I would also say is that this forum is toxic. People abusing each other, getting angry, reposting the same stuff over and over, even threatening each other. Honestly, if you like that sort of thing then cool but if you find it annoying or worse depressing, I'd limit my exposure to it - that's what I've decided to do... Cheers and good luck.
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