RE: Trading26 Jul 2018 15:38
Yeah.
I've got no shame in saying I sold at 15.75p and rebought when 14.25p was on offer.
Not because I had any change of heart on the stock, but just because I could just see it was likely going to drift a bit more by looking at the trading, before a bounce.
Could have done better for the sell price obvious....but with a stock like this, that you believe has big potential, it's hard to sell at the tops, because you always believe it can keep going, so tend to rely on my interpretation of the trading (as well as fundamental value beneath that).
Also hard to get a good price when using spreads, which have a much wider spread, and so tough to time correctly.
(FYI - and this will be the only time I mention it in case people get grumpy - but SNG is one of the few others I hold right now - and has similar potential to this. All indications good, serious backers, low free float, success on the drug they're developing, or one they've already farmed out and retain a share of, and could be fireworks, plus rarely dilute, was over 4 years ago now I think off the top of my head. Totally off the radar for most and well worth a few pennies in case it goes well. From what I can see indications looking very good).