RE: bringing out12 Sep 2020 14:13
Spy, Re your 12:40 - we have a lot of new people who took a punt because GGP was rising (Hence silly questions and nervousness) if they stick around long enough they’ll calm down
The second group (not including the regulars we know) saying they have been in since 2p and just sold at 19p, yet have never posted, are probably made up of 3 types of people
1) the genuine’s that just never posted
2) the ones that want in early doors monday cheap
3) the 3rd group just crossed my mind when i remembered considering shorting GGP at 19p as we usually get that 1-1.5p dip after news. Never done it before, and thankfully didnt because getting caught out by leftfield news would be costly! But i wonder how many either sold on news to try get back in cheaper, and some that we’re not as cautious as me and actually shorted GGP last week betting that the GDXJ inclusion was a fairytale and the SP would drop 10% monday.
Now, if u were one of them, i’d think you would be panic’ing quite a lot about next week
Imo, we’re going to see top ups, II’s front running, new investors, and panic’ing shorts all pulling the trigger at the same time monday. Its going to be big.
And while my post last night about hitting 30.16p by the 22nd was written in a humorous tone, the math was true, and i stand by that prediction.
Regarding the “slicers” who are protecting profits. I get it, especially if you’ve been burned, but, a rule i have continued to go back to, and has helped me make clear decision’s as we have risen and the £££ start to cloud my judgement, has been to simply ask myself. “With The known results to date, and what is known to be coming down the pipeline, do i think that GGP will be worth more in 6 months, than todays SP?”
The answer still remains a resounding YES, so i continue to hold, until the status-quo changes, and that becomes a “not sure”, i continue to hold.