RE: Anyone think22 Dec 2016 18:45
Calm I presume have taken a punt in a company that you know nothing about and attempted to ride the wave like many.
It's basic knowledge that unless you catch the wave early (i.e. 6-10p range in this case) then you are risking to have been purchasing on a spike. Many will be happy with their profits and sold today before the bell hence the later drop.
Tomorrow I predict (yes, predict not recommend or advise before brigade comes out with all alarms blaring) that this will drop in price as people will be a) questioning their punt (as you are) and so sell first thing, or b) will sell as they are still in profit and now questioning how this will move tomorrow and so derisk.
The only case where I have seen continuous executive rises after such large initial rise is when the company is far undervalued and have released news that is transformational (i.e. 88E when it went from 0.38p to around 3p). However, from memory, 88E did not dip at the bell, but instead rose higher and higher until the peak was reached.
Of course I could be wrong. Tomorrow you may see this continue to rise, however my prediction is based on what I tend to see with the majority of companies on LSE that surge in price in a day and then tend to show negative movement the following.
Of course, do your homework and don't risk more than you can afford to lose. Any descent person doesn't like seeing others lose money. I've been burnt before and now tend to be more cautious. I now tend to admire but steer clear of investing when I've missed the initial surge in value. The trick is to identify these companies early and wait.
Anyhow, hope it works out for you and that you make money and have a Merry Christmas.