RE: Should I keep buying above 15p?7 Jul 2024 14:29
Hello hello Trenners.
I believe it will double from 15p since Sharehead has joined back.
Also, I didn't make only £50 on my previous trade before I bought again and still holding at 15p.
On my very recent previous trade which was last Wednesday I had made about £300 profit and was only dipping my toes to test the liquidity of the cpi stock. However, on the following day meaning last Thursday cpi was well away heading for 15p and that means I missed a full 1p profit or about £600. I could had still bought it half way through the rise from 14 to 15p, but held back till Friday.
Fearing that it might continue further up, I then rejoined paying a premium and settled for 15p. I'm happy with that decision and don't expect it to fall back on Monday if only a tiny amount to put the fear in God in the weak hands before it proceeds towards high 15s. I do suspect that the recent rises from low 13s are not just on the back of the 4th July UK voting day, but also because the hedge funds have made reductions along the way and possibly even gone further down than the 0.48% recently posted by at least two of those shorters. It is obvious that cpi has been held back and indeed manipulated for the benefit of many including myself and veteran scalpers like AimMaster2018.
We only need the UK and US indices to start the early Monday morning trading sessions on a positive note to permit at least cpi to hold itself on its weak knees and stay firm on the 15p and continue on its course as intended by those with big wallets than us. Cheers 🍻