RE: Listening.......17 Jun 2020 11:46
Nel have 3 announcements due that have not come out yet. Probably a bit late due to cvd. Like hear the progress is lightning fast but is reliant on other outside influences so its never nailed on.
I agree with PSmith and anyone who is really anti his balanced views are not thinking in a sensible way about money.
I have been on lse for many years you can tell by my posts, but I have lost a hell of a lot , hands up , on "certs". Well they were until 2008 when it all went to @#£ on what me and a few others call leftfield missiles. They are the kind you cannot see coming. CFO told me at a meal how great a company was, I explained any further investment added would be my pension money. He said 99% sure he would be putting money in. 3 weeks later the Chinese NOC culled the licence. CVD. Regional disputes. Terrorist bombing. Planes crash. CEO's die. The normal method of killing a share prices is a rapid rise, they cannot get bank investor funding so issue way too many shares to benefit from the high sp. Back down it goes !
So do not be to hard on Mr Smith.
However, if you are not in you will not make any money.
Set controls, know the gambler in you and what risk levels you know in your own head, KEEP doing research and dont get lazy. Only put in what you can afford to loose.
I am fully in but by Sept/ Oct Brexit WILL start to kick in, then it is which market you are in. I will flip to Australia ASX with half my money and companies that make money in very specific countries where the whole business is run within that country.
I am sure many will have very different views and many will yawn at this post "knowing better" alpha males, but common sense and an acknowledgement of the new world will go a long way to cash preservation.
Oh don't forget the US electionnin Nov...that could get real fruity.