RE: Average price14 Jul 2018 09:58
Thechancers - I hope you didn't listen to that AlrightThen - I did say that no-one was interested in that news that Friday. AT ramps it up all weekend with his fantasies about 50p on Monday. Then he was crying into his cornflakes on Monday morning and threatening to report a few of us to FCA. I said before market open on Monday it might be a bull trap and don't fall for it. Then it rises to 21p odd and then sinks. But accused of deramping. It's calling being realistic and understanding how sentiment really is the key controlling factor on the AIM casino.
There's a real chance of 10p now and as the market obviously isn't impressed with KOOV and sentiment is terrible.
My average is 19p and there's a reason why I haven't averaged down at these 17s and 18s...because anything could happen. This could go to 10p or 27p next week or stay sideways. Lesson should be don't buy in the first half hour of morning trading. Let it settle down. How many times have you seen mad volality in the first hour then flat, sideways boring movement for the rest of the day? Easy to get caught in a bull trap. And exactly what happened here.
All IMHO, DYOR, WTFDIK, GLA