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you predicted that absolutely right! Appears to have established support at £4 after a 3 day bleed
This is the most confusing stock I've ever been in. I've run out of patience and sold at break even. Good luck to all the loopers and hope it pays off in the long run.
I agree Chris the share has held up well considering current investor frustration. seems we have found the bottom and providing nothing nasty comes to light can only see the share going north from here. I'm tempted to top up before the results are released now that the dust appears to have settled from the delay. GLA
And the "Date Change for Results" is.... ? Or we have to wait for that too lol
apologies bigboo just joking. This is a long hold for me so fully expect £1.50+ eventually. Looking forward to next week's results.
relax guys. The share price will rocket right up to 82p next week! My biggest wish is that my profit margin is higher than the spread. I can but dream.
Yes very strange. Glad I only have a small stake in this ol' turkey. I think it's more likely investors giving up on it and taking a loss rather than having insider information though? I guess we'll just have to wait until March now to see if if we can get out of this 78p rut.
Yes maybe you're right. On paper they do seem to be heading in he right direction. Could be that the share price has just been too inflated for these tough covid times. Oh well I won't be going anywhere at a loss anyway so let's hope things pick up in spring.
thanks for your uselful replies everyone. Reassuring to know they appear to have their finances in order. Hopefully they can break out of this slump in the near future.
Yes I was beginning to think Loop were in somekind of dire financial crisis with the SP dropping this low. I don't know an awful lot about them to be honest. Just had a hunch that remote video conferencing might take off now covid has forced everyone to work from home.
Does anyone know why the share price is dragging along at such a deflated level? Maybe investors just getting bored and moving on to less stagnant stocks?
thats the second time I've held for the results and seen an over-reaction and lost possible gains. If I'm still holding for the next financial it's all getting sold a few weeks before and then buy back in the next day. I guess I must be the only one who's not doing this already right?? haha :D
thanks for your helpful comments everyone. I'll hold off before buying the other half of my investment and try and get in below 560. I've been looking for a long term investment to forget about and decided SAGE seems like a reasonably safe bet. GLA
Just bought back in @568 after losing my patience with SAGE and selling a few months back. Anyone know why this can't get seem to pick itself up from the doldrums??