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Someone's forgotten to turn the Algos on this morning!
Been a few £100k buys over the last couple of days.
I wonder if something is brewing...
From today's briefing you can tell we wont be having another March like lockdown SH.
Who can afford it?
1.68p
I like that it is range bound.
I don't think it will be range bound for long though. As soon as the US listing moves a step closer things may well take off.
A lot of the Pharma and Bio care trusts are now breaking recent highs.
Hopefully this will catch up...
The three NEDs bought over half a million pounds worth though.
Could be.... Either way i'll be buying a few more around this price.
GLA
Quite surprised there was no downturn in revenue due to covid.
Personally, It wouldn't surprise me if this doubled or did 50% in the near future.
IIs are accumulating here.
The people buying BP today are buying BP at a price lower than anyone else has done since the bottom seen during the week Monday 16th march to Monday 23rd march 2020.
That's not to say it wont drop further from here but that market timing is currently beating time in the market.
"BTW did you know that it has been statistically proven that 'time spent in the market' is much more financially rewarding than ever trying to second guess and 'time the market' to pick any tops and bottoms."
Have you got a reference for that barnyard? Try telling that to AIM long term holders, or BP long term holders for that matter.
Timing the market is an effective way of reducing risk. Moreover, time spent in the market in these turbulent times is a risk in itself.
That is why we are seeing these swings as savvy traders take profits where they can.... 5 % or 10%.