Sold.12 Sep 2022 16:11
Sold out of my small holding in Boo.I could have leapt in at 100p for a 30% gain ,66p for a 50% profit,on the way down,but bought at 58p as i missed the boat at 51.4 as i was waiting for 49p.The first signs of trouble was when it went down to 57p,it rallied to 64p and was still in the game,until it closed below 57p the next time.I decided to wait for a bounce so i could get out,but so weak was this share that in a straight line to 39p it went.So bad,no rallies!!!.
39p of course was the next calculated support level,but i had already decided not to play again.I don't see any hope for this share as my calcs see no long term situation here.Not for quite a while at least.Even then who would want to have a heart attack,trying to guess this share !!.Yes it may go up a bit from here, but this is a right pile of crap.
I saw a post on here where posters were belittling ABF.Well they are tradeable,and better to make a nice 20/30 % in a so -called "boring share",than to get involved in the AIM market where a share loses 90% !!!!!!!.Too volatile by far !!!!.