The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
It is an unfortunate truth that the price reduces after the excitement of an RNS that actually delivers. This company has a very bright future and could fly at any time. I personally wasn't happy to sell at 23p area and risk not being able to buy back lower - despite experience. It may be that the 17/18 level is the new low which would confirm a continued bullish pattern - it's easier to hold companies that are pioneering in new markets. Day to day volatility is hard to ignore but would you hold this for 5 / 10 years? Yes, is the obvious answer. Look away, buy more, but don't miss the opportunity. GLA
Did the classic 'buy on drop' and spiked myself at 630, doh. This is now oversold IMO, will wait for a little while for dust to settle then see if I can buy in the 400's to average down. Real shame but it's not over by a long shot here
Quite funny the dynamic of beech being a de-ramper but nobody actually knowing whether they're a buyer or not. Amusing! Either way - this is obviously going to fly. This morning was a buying opp, getting rid of weak hands, it's repeating itself. Big moves come in threes, one has happened, two might not yet have happened - sideways consolidation and the third is usually the biggest. Exciting share to be in. GLA!