Sentiment and Doubters and non investors12 Jan 2022 09:58
This stock is the perfect stock for volatile behaviour. I have seen so many continually spout rubbish about no sales, Budd is a rubbish CEO and this company is doomed. This is normally in these quiet periods where news is expected soon. The price then gets eroded and clever investors take advantage and LOAD UP BIG TIME. I am one of those people who are waiting ... i am frustrated that it went to 80p and now below 30p but I have realised if I didnt expect this, i would be buying normal FTSE stock with a 1% change per day.
This is a anxious time for anxious people like me. This will rerate and fast, just like it has gone down FAST. Its only been 1 month yet people are expecting million pound sales order and distribution agreement. I work in industry and deals take 3 to 6 months .....
Buy what you can ... hold it and then wait for the return to 1 pound. It will happen and then all those people complaining will go quiet again until they can lure more negative feelings back in