RE: Through £5.002 Mar 2022 11:28
I can see share price this continuing to do well, with the Ukraine war cybersecurity stocks are in favour as Russia is likely to respond to sanctions with cyber attacks. A good update from Darktrace tomorrow combined with current sentiment towards cybersecurity stocks could see a good rally 600p or even 700p in March.
The main thing on my mind at the moment is in the same way that the likes of Zoom stock prices climbed from start of lockdown and then with restrictions easing last summer sentiment changed and stock prices has fallen over past few months even though many businesses adopted zoom for remote working and many aren't going back you wouldn't know they had this covid business acceleration looking at the stock price. In the same way when this war ends cybersecurity will still be very important but no doubt sentiment will change and the stock price will change. Because of this I think I will try and sell my small amount of Darktrace, not yet but as soon as the war ends or looking close to ending hopefully at a nice profit (I'm averaged in at 587p, if I can sell sometime this year for 50% profit would be good). Others think the sentiment will change and price fall post war ending?