RE: Bought 200,000 at 8p - I love getting a bargain - Black Friday Anyone.(*__*)26 Nov 2021 17:35
Hi antmoss44 (*__*).
Not doing as good as I would with one of my pricier share investment that has kept me away from investing elsewhere as I've been sitting with a massive paper loss that only up to yesterday was recovering well until today with the oil sell off and the new covid variant slamming down almost every stock out there if not all of them by end of today trading. Moreover, as you know Cine was a great investment at that time when I had it and sold in the 1.25 range and never looked back due to the leigh of time I had to endure a big paper loss and was not prepared to re-do-it one more time. I'm sorry that this is the current situation for and would suggest that you average your position as much as you can afford and get out when break even or close to that. Velocys was a share I followed for over 12months thanks to a Chinese take away owner that made me aware of the company. However, I was not interested being in the AIM market and not until their weeks ago announcement that I became interested just before it jumped from 8.5p to almost 16p if I'm correct.
Anyway, later on I came here to post a strong sell comment at 14.5p the share price of that day and without being mean, I was surprised that we got a sell off and back to where I was previously contemplating buying it up although with £50k instead of £16.2k or 200,000 x 8p my todays purchase. The reason that I've not placed a bigger amount is because I bought another hammered stock that will rebound once the scaremongering its over. I strongly don't believe anyone that thought you could get Velocys for a high 5 as I had then posted in this chat board. In my opinion and based on my experience with other pennies stocks, we have hit the bottom and today was your last chance to add more to average down or join in at the same price as the Institutional investors. I clearly don't get it when some posters here talking about a blood bath on coming Monday. We have the full weekend of the the fear to die out and as BioNTech has published today in the main news, there will be only two weeks for them to figure out the new covid variant threat and apply whatever it takes to get it under control.
So, ultimately, if we get another drop on Monday, I will be putting all I can afford to average down
and will not hesitate to do it. Hopefully by joining the Velocys group I can bring a good dose of luck to everyone that believes in Velocys future. Fingers Crossed.
Happy Black Friday to you antmoss44 and all the Velocys longs too.
NoFear.(*__*).