7 year itch27 Oct 2020 15:44
Hi all,
After many years of lurking in the background I've finally decided to join and add my thoughts. I invested in this share seven years ago, was my first AIM share investment. Blimey, don't you learn quick when it drops like a stone! However, with PROX/LSAI I could not let go and kept throwing good money at bad. I really don't want to total up how much I've bought (luckily for me I switched trading providers so can't find all the details), but it was over 15K. The LSAI early days were also looking positive with Mark and the new team and Aerial on here kept me sane throughout the months during the early transition to LSAI for which I thank you, sir.
However, with more experience of AIM and investing as a whole there are times when you have to say enough is enough. I have sold my shares at a big loss and I feel great about it. I don't have to think about LSAI again! Pre Covid, perhaps it would be different, I just don't think this lot can cut the mustard. I hope I'm wrong, probably will be now I've put it in black and white.
There were also a couple of pump and dumps a few months ago, when it went up 100% in a day, I wish I had sold then but hey.
So all I wanted to say is that if you are really frustrated with this company, sell! I've been punishing myself for years and I feel great from selling. Stop the complaining, walk away and move on. I know some of you can't, it's not in our makeup to sell at a loss and a big one too.
All the best.
Kevin