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But if you look at the broker rating for Berenberg Bank,they recommended this a buy on Tuesday 21st Nov with a new target of £6.50 and it drops 42% on Fri 24th Nov. As timings go,that takes some beating.
I might find it funny if i wasn't already a holder and now well down.Wish i could average down but no spare funds at the moment.
To work out those who missed the rise and now hope to get in at a lower price.Just read the posts.
I've read this board quite often but never posted a message.I made my first purchase in 2019 when Investors Chronicle recommended buying at 160.I have since averaged down 3 times,so after yesterdays rise am still showing a large loss.I'm just happy to finally see it heading in the right direction and hopefully continue north.Fingers crossed.
IT'S STRANGE THAT NO ONE MENTIONS THAT THE SHARE PRICE IS ONLY BACK TO WHERE IT WAS 2 MONTHS AGO,AND STILL ONLY 0NE FIFTH OF WHERE IT WAS A YEAR AGO,SO HARDLY A DRAMATIC RISE.I'M SORRY TO SAY I BOUGHT AT THE TOP END BUT AVERAGED DOWN 3 TIMES,SO AM ALMOST BACK TO SQUARE ONE.HOPEFULLY WITH THE MICROSOFT PARTNERSHIP I WILL SOON BE SHOWING A PROFIT.FINGERS CROSSED.
It's hard to believe that Frontier Tech made this a main recommendation 18 months ago at 212p.How could they get it so wrong.Their other disasters include,ARB down 97%,EQT down 77%,IKA down 78%,KNB down 91%,KOIP down 75%,MIRI down 81%,MODE down 96%,PODP down 68%.Their portfolio looks like a blood bath.I know because i'm one of the idiots that subscribes to them.Yes,i actually payed for this information.What a plonker.
I purchased these a year ago at £1.42 thank's to a recommendation from Frontier Technology,who were making it a buy up to £1.65.I'm sorry to say i've also averaged down a couple of times,thinking it can't go any lower.How wrong could i be.What i don't understand is how Frontier got it so wrong.They made it sound like the best thing since sliced bread.The best part is i actually pay a subscription for this information.Who says there's one born every minute.Can anyone give me the odds of this 20 bagging so that i can get my stake back,ha,ha.
For your information i did take advantage of last years highs,as i sold half my holding in April at 14.2p and bought back twice as many in October at 6.82p.I didn't say i'de never traded them before,i just said i'de never posted a message before and i doubt if i ever will again.
If you must know,i first purchased Northcote Energy in 2013,which changed it's name to Mayan Energy in 2017,followed by a consolidation of 1 for 400.It then changed it's name again to Attis Oil and Gas in 2019 ,and then amalgamated with HE1 in December 2020 followed by another consolidation of 1 for 236.
In all that time i've made a number of trades,( buys and sells ).If i'de held my original purchase of Northcote Energy they would have now been worthless.So yes,i have apparently held them for years.
Happy now.Maybe you should learn the facts before you start calling people Dick-spanners.
I say outsider,as i've held shares in HE1 more years than i can remember but never posted a message.
I can't say i was surprised at Fridays fall,as i wouldn't blame anyone from taking a profit after the recent rise.
I sold half my holding last week at 8.7p for a decent profit,although i obviously wish i'de held on for a few more days but unfortunately can't see into the future.
I wouldn't like to guess which way this will go on Monday but i'm happy to hold my remaining shares whatever the outcome.
It takes a brave person to buy now after the recent rise as the results are still only speculation.
It's a matter of placing your bet and keeping your fingers crossed.
Who knows.
Sorry POSTI but i don't have an answer to today's fall.There doesn't seem to be a reason.Like you i also thought this was looking healthy and almost topped up last week but went for SMRT instead.Glad i did now but still left with the question,"do i buy now while it's down or wait to see if there was a reason for the fall.No doubt i'll linger to long as usual and miss the opportunity.Should be interesting tomorrow.
Good luck jumping back in.
Just letting you know that i'm one of those long term holders that read this board regularly.I've been holding since June 2014 and made a few nice profits on the way.Just letting you know there are more of us silent ones out there.
For your information Pud,Frontier Tech Investor have changed this from a hold to a buy and state this is one of the most exciting stocks in there portfolio.They obviously don't think that this is a crap company like someone else on this board suggests.It will be interesting to see who is right.I must be another idiot,as i've topped up this week.
Did you get in when you had the chance you were waiting for.