RE - Charts14 Aug 2021 17:45
a lot of AIM stock is OK when it comes to charts, and SP movement C19''
it's the BOD you can't chart, when it comes to grabbing funding out of the blue
and putting billions of shares on the Market, and you are left holding the baby
for months and end, before it comes good, and by then you would have sold out,
and if you have not sold out they will consolidate and grab back all the shares you have built up
by way of 100/1 or in some of the worst case 1000/1 with a name change, then rinse and repeat
all over again, just one example is FITBUG neme change to BIDSTACK blink and you will miss it LOL!!
SP there, went up to 60p from 6P, and now back to 2p, with £10.8m funding last month
that cut the SP from 4.25p but is now looking investor friendly again, I must say'' no tip intended''
as it all depend on what they do with the £10m now in the bank?
I try not to buy any stock with over 4 bill in issue ATM, and try and chose wisely
by way of sector, and what is the in thing with good management,
that mention there shareholders every once and awhile..
and last but not least'' SP of 0.20p to 0.25p may take 2 years to get to 1p
good news or not, because there is too many churn to sell off any uptick
before the next bit of news, but it's still the best price to load up from
and put in the bottom draw..IMO DYOR
308..