RE: Trading Update RNS out15 Jan 2021 14:28
Migsmcl86 - Thanks, yeah I got in at the right time - Almost, I got in 13th May @ 9.02 the next day the SP dropped to the 7s.. so i was one day too early in hindsight.
Yeah thought about it a few times, but now i'm running on some seriously nice compounded value, IE: a 16% rise in LAM will in effect be 100% of my original stake - so over the course of a decent weekly increase, i'm making back my original investment. it then snowballed to +600%, obviously any large drop in LAM will hit me % wise.
I just cannot see this gravy train coming to a stop anytime soon, yesterday was disappointing with the +20% rise and then closing with half that gain gone, but it will come back i think. LAM has carried on through C-19 as if without a care in the world, has not pulled this one down, all the future views are good - I'm confident for £1.
Obviously if this starts to tank and i then think "what if i had sold", will be the same position if i sell some and think "what if i had kept more in".. Can never get it right or please the greedy :)
At the time of writing this, just seen the day high of 68 hit and a 5%+ rise on the day - Let's push to a 70p close for the end of this week.
GLA