RE: Buying the drop15 Dec 2017 12:34
In exactly the same boat, my rule of thumb is buy on the 3-4th day after a big drop, which is what I did here, but didn't work to plan on this one, can sometime expect maybe 5 days of red after a big drop but this has been quite special. In at an average of 132 now after averaging down today holding 10k shares. Always nice to get as close as possible to the bottom but i'm happy with that price. Got to have a run of green days imminently, what more selling can be done from here?? And when it does start pushing hard into the green there will be a hell of a lot of short covering which will on accelerate the upward momentum. Surely a bounce now to the £1.40-1,50 area is shortly on the cards