CALM4 Nov 2021 17:57
We all must remain.
Just come back from medics and looked in.
Think a number of the trades listed as sales are in fact purchases over the last few days.
As we said before a lot of sellers are those (we think) with small holdings (in the main) who do not read or look for deeper information and because it is not rising (Seed) they just dump their holding thinking they can do better elsewhere in the short term. When seed jumps to 14p+ these people will come back in looking for a short term profit, where as in fact they actually missed it.
MAT, BAR, ROB and QUINT etc. have made some valued points in recent posts, with some suggestions of not looking/posting so often etc. instead of going about their normal daily business, which we have been saying for a while.
What we think may be causing problems is people reading various posts on various sites, plus Facebook and Twitter which WE do NOT use and getting swayed by all the various statements from various people on these places with no deep correctness in them, along with a lot of guess work. Years ago all we had where the newspapers and annual reports, financial mags. etc. A lot of new retail investors entered the market, knowing very little and AIM was not the place for them to go. However an investment trust, on the face of it was the best place to go for safety on AIM. WE decided to stay with ITs in the main with just a few shares that were down far more than they should have been. Buying in to ITs that invested in small stocks, small countries, world wide, recovery etc with just LTI to cover the main stocks. Only Latin America has not proved profitable yet, but its time will come, along with FFWD / SEED.
The more posting along with the more sites investors read gets them more confused, causing them to sell when they should buy and buying but not holding when a stock does not make an immediate gain. Listening to to many peoples views clouded their vision. We may well be wrong but too much information can be bad as a lot will not be good information.
As for Seed we think that if Leap turns out to be worthless (which we do NOT think) like some of the previous investments we thought looked good in FFWD, the rest of the portfolio should be worth 8p+ so buying now should not harm you long term as the cannabis business should or rather may make a lot of money in the future. Plus Leap may be worth a few pennies to add to the 8p we reckoned on. So all in all buying in to Leap looks a decent risk. We have found a few pennies and will be adding to our holdings.
Our advice is make your own decisions and buy and sell when you feel it is right, not what others are saying.
My with has been offered a third Covid jab in addition to the previous two and the booster,
Look in Monday if all is well, take care all.