RE: Upward sp movement7 May 2020 15:19
Actually I said this morning there will be big drops and spikes today. Settle at 150p.
Looks like some people are willing to buy at this price. Some like me think this will go around £1 before bounce back.
People chasing spikes are the ones who truly lose out. They pile in after it’s already spiked and then sell when it tanks. Do that a few times and you’ll be penniless.
I’m just sitting this out for 2/3 weeks. Then if I get allocated some 80p shares or price drops to below £1 I’ll buy some. Otherwise not risking it. The risk is too great for me at this price.