RE: Dont be fooled by all the negative posters27 Dec 2020 11:16
And avoid ramping nonsense like this clown.
but if losing £98k was catastrophic would you take your profit and sell or hold for the million not knowing what the results were?
I kick myself all the time having held a share (LCT} a couple of years ago confident that the final phase tests would be good following previous positive tests and it tanked in seconds.
I was all in and lost the lot.....I drank a bottle of brandy in an hour.....It still hurts....
I now think I will find myself in the same position.....
I think we will be past £4.00 come results day making my holding worth close to £200K ...If phase 111 is bad that £200 won't be worth sh^*t
Zwartkops
Posted in: SNG
Posts: 1,248
Price: 90.00
Strong Buy
What would you do?10 Dec 2020 23:17
its 3:30 pm Friday afternoon.
You have information that at an RNS will be out at 7am the following Monday announcing the results of Phase 111.
The share price is sitting at £5 and the value of your holding is £100k.
If the results are good you make a million. If the results are bad you lose £98k
Do you hold or do you sell +?+?
This is a very likely scenario as without doubt there will be an ST for a 24hr period before the announcement.
Hold or sell?