RE: Bought13 Apr 2022 12:26
Sorry but using the term 'slurp' in terms of investing categorically officially makes you a cretin. FACT.
I do hope that today's purchase has lowered your average sp somewhat. I'm still sub-£2 in that respect, so go figure on trading strategies.
Whether a £2, £3 or £4 average, everyone will almost certainly still make a very healthy profit. The current stigma attached to anything remotely 'Russian' means that every excuse to hammer down a sp will be taken. MMs want to be seen to be persecuting related business, and for sanctions to be 'kicking in' when in reality they're licking their lips at both being allowed to create an illiquid market and also able to let many retail investors (back) in through the back door at a pitiful sp.
See through it. Don't try and predict the short-term. But do have the balls to ride on though the nonsense and come out on the other side with a weighty gain.