AIM Market14 Feb 2019 11:46
I currently have a watchlist of 21 stocks. Over the past few months, from time to time I've counted the number of blues against the number of reds on a daily basis. Almost always the ration is negative for the blues, sometimes on a ratio of about 60/40, more usually about 70/30, and sometimes about 90/10. FFWD on balance performs no better or worse than other stocks on my watchlist - perceived quality seems to have very little to do with performance, which these days is based almost exclusively on news, and that more often than not stocks react for a day or two before sinking again, as is the case with FFWD. Under these circumstances, I sometimes wonder whether my money would not be better off earning 1 1/2% in the bank, rather than gambling it on the lottery that is AIM.