RE: Horsers13 Feb 2024 19:17
Horsers, the answer to your question is probably different for everyone. It depends on so many things, how much you are invested, what price you got in at, how much you are prepared to lose, how long you can afford to be invested for and most importantly, the realistic potential of the share price. So many variables I’m afraid with the latter being the most difficult to predict, just read the posts on this board!!!
For example, my current sell target based on all my variables is between 8-10p. The likelihood is that I will have to wait months to achieve this, which is fine, but I may also get lucky! My average is 1.92 so as this stock (hopefully ) moved upwards, I will pass several price points that could give me decent profit but I believe 8-10p is achievable so I won’t sell until I get to my target. (This target may also be revised as things change).
I also accept that I could lose thousands in the event that the share price returns to a .19 figure due to bad news or even no news, but I have weighed this up and am comfortable with my risk. My only advice would be that whilst there is some really great info on this board, nobody can accurately predict future share prices so don’t believe posters who claim they do. Good luck to you Horsers 👍