Jimiam5 Apr 2020 18:20
Jim you will see from my history i am well up on ORCP and have successfully dipped in and out of that on a few occasions, and plan to get back in at some point, but i pulled the lot out a few weeks ago as its quite evident that something is not going to plan with the LOI and funding, normally delay means issue, and when issue is announced, a big drop to sub 0.5p again.
I would suggest doing the opposite to your current plan, and stick with GGP until the April announcement, then put some profits into ORCP when its sub 0.5p again. Far far safer play than trying to make a quick 20-30% in orcp to put it back here, especially when GGP will re-rate back to 5-6p over the next week or two.
Just my opinion though. Do what you want, but ive always traded on % odds, and GGP is offering far far greater odds of gains at the moment, ORCP just has a big ? “Wtf is happening” hanging over it now, that does not fill me with confidence.
GL either way