The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Watcher, I did exactly what your doing now back in Jan / Feb 2022, the share shot up to .50 with no news and started to tumble for the week following, I sold out at .38 which was double my money as everyone was screaming its going back down to .20... I thought I was smart and I would get double the shares I had by doing this but the moment I sold it recovered right back to High .40's.. I waited thinking there is time and the share since has been sitting around .55 all the way to 1p, 1p was my target when I first invested and that to me would have been life changing money but I screwed it up... I then in anger tried to recoup what I would have had by buying the Russian stocks that crashed thinking the war would not last long and that hurt.. I ended up with less money then I put into my isa :(... I sold them russian stocks last week as a huge loss to buy back into Prem and stuck every penny I could into this bad boy as I honestly feel like god gave me an opportunity to come on the ride again and I will not be making the same mistake I did last time, sadly due to losses I do not have as much shares as I did in 2021 and 1p would pretty much see my initial investment into the ISA back, but im happy to be given a second chance to ride this share and I'm certainly not going to make the mistake of being locked out again as for the last year and 6 months its played on my mind...
Watcher, that’s fair enough but for me you have taken a huge gamble, Stark have all the big boys on sight to make sure this happens and if that RNS does land your out, looking at this morning activity for me this share at the current time will not fall below .50, as soon as it did 20k, 50k buys come flooding in, the drop last week was a massive over reaction and I’m happy I grabbed a few million shares on that drop, where we are now is exactly where the SP should be for our situation. I personally do need feel the gamble that it will drop further is worth the risk of being locked out
Watcher, the difference is that I do not post telling people it’s going down or up, or it’s a sell off and bla bla bla, your here for your own agenda and I don’t like seeing others trying to make other take the gamble they have. No one on this board knows anything more then the next so don’t try to pretend you do
Watcher, you’re flapping like an old lady that kind finder her Tena pads…. So you sold and now feel you need to be negative and miserable all day, complain about this and that… it’s not just you here so trust your gut and come back tomorrow to see if your wrong or not, you don’t need to drum it into everyone else that they should follow suite.
Stark said 1 - 2 weeks to install, so time left yet, that also is a time scale for installation, they then need to test it and so on which could take a further few days… they did not say in 1-2 weeks the mine will be up and running and SC5 flying off the end into bags and onto the train did they?
Jesus Christ have a day off!!!!! They have been updating us a lot via social media with the progress, they don’t need to RNS to say bolt A has been tighten, cable ties have been placed, 15 screws have been screwed… it’s costs money to issue an RNS so until it’s complete and installed and running then I don’t want to hear that bolt a, b , c have been tightened… put your big boy pants on and have patience… this board is a joke it’s like primary school kids that thinks everything resolves around there own personal agenda, well it doesn’t. We will be updated when there is an update to give.
I wouldn’t listen to Daz, his been around crying prem is worthless when is was 0.16 and now it’s 0.53 his still trying… he doesn’t understand a thing about what he talks about and doesn’t actually do any research, will just spill a load of garbage about DFS and bla bla bla and thinks his better then the companies that do this day in and day out
Will you doom and gloomers stop talking as if you actually know what your talking about... you throw a few things out there about the delay and suddenly you think your an expert in building a mine!!! look at the images uploaded yesterday and look what Start and Prem have built in a year... its impressive and set backs can always happen, get off your hate brigade because your BS is not going to wash here. no one I repeat no one is going to build a £35,000,000 mine just for show and sift some dirt through and then run away because it didn't work.. invest your money and make big bucks or pipe down and go play your games on a truly dead stock