The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I lose sometimes like we all do but my wins tend to make up for it. Made a fortune shorting Bohoo since Monday, so not too worried.
I'm not sure life it that simple.
Sentiment shift is definitely coming. The only question remains is this it?
Again, as I have always said any massive sell-off always gets overdone as does any massive rise. The trick is to try not to pick the top/bottom but just to break your investment into chunks and hedge the risk by buying at different times.
I bought at 2.10 earlier today but do not rule out going short again tomorrow, dependent on how sentiment goes.
People get very upset on these boards if you mention shorting. They don't seem to understand that it is just another tool for investors.
The Bohoo ramp crew have got particularly unhappy when I mentioned on Sunday what I intended to do. But any of them who did likewise would have made a fortune.
Let us know if you get a response from Forrest
It is curious.
It does indeed.
Good to know.
I hope you are right.
When you find somethign significant you do tests to se ehow significant it is.
I think that we may have to wait a couple of weeks and better news in the next RNS for the 7p.
Sometimes it is just about sentiment.
RR will bounce back. Correct.
People fall in love with certain shares and only see the good (or bad) about them without being dispassionate and just playing what is in front of them.
I have made a fortune shorting this stock from Monday and will make another one picking up stock for the recovery. My short did not push the price down but it was obvious what was going to happen.
And I was very clear about what I was going to do and encouraged others on this board to do the same - before markets opened on Monday.
Fingers crossed.
The virus is not responsible for a dip in the UKOG share price - Stephen Sanderson is.
Nah, dumb move.
Hi Peoplepower1 - don't you wish you had listened to my advice on Sunday. If you had sold first thing Monday morning and then bought back at close today you could have increased your shareholding by nearly double.
Next time, don't ignore the facts but take advantage of the circumstances.
The thing is there are too many people on this and other boards who fall in love with a share (or fall in hate with a share) and refuse to change their opinions when the circumstances change.
I was slaughtered on this forum on Sunday by the ramper peoplepower for saying that the PR crisis was so bad that the share price would collapse and advising PIs to sell out and buy back in again lower. I was accused of trying to drive the price down, ignoring the facts and in general being an all round evil person.
The fact is I am just dispassionate about shares. This was always going to go down and it did. Those who listened to me would have made money.
Latest short closed at 208. I have shorted this all the way down from Monday and made a fortune. Which is exactly what I said I was going to do and exactly what I recommended that others did.
I also think that BooHoo will come back and I will be buying stock once it has found its new trading level. Again, exactly as I said I would on Sunday. If others had followed my advice then they could have made themselves money and acquired many more shares.