RE: Big price hike it seems14 Dec 2024 10:14
£3 further thoughts , I've accumulated 120,000 , partly by selling on a rise then buying back on the fallback , and as no UK stamp duty applies this is a useful strategy . Come high £2.90's I will sell 50% ish , rinse and repeat . However , there is a risk with this as another upgrade could send it over £3 , but - only temporarily . I notice Fridays volume has returned to levels last seen several weeks ago, so I suspect that a plateau has been reached , so I will be happy for now , I suspect that the next upwards move will be in the new year , in the run up to the results . I could be wrong but holding back and having cash seems to work for me , other opportunities always arise , and I expect further negative economic statistics in January as the lunatic budget puts the brake on the economy .