the swings in the sp certainly give a decent opportunity to make a nice bit of profit. bought yesterday afternoon and managed to get over 9% return today. Bought back in and hope to do the same tomorrow GLA
the BOD what a waste of space they are. sp down by over 35% in 3 days!. i sold out this morning at a loss glad i did then rather than wait for end of the day. feel sorry for those who bought in 80s before drop ,then again anyone how bought again as it fell( including myself!)hoping for a bounce! i f the board were payed a small basic pay package and the rest on performance ,perhaps then the company would not be in this position and the s/p so low reaching low of not seen since DEC 2012.
that would mean 20% jump to gets us near 40s and 51% jump to get it to 50s can't see that happening ,perhaps later next year with all this brexit stuff sorted perhaps ? who know ?
sold out this morning at a large loss. got fed up watching it drop on a daily basis! didn't think after the first drop it would fall again, then the same though after the second drop . the way it going could easily slide in to the low 20s and maybe then i might consider buying back in . daily percentage swing in price makes it ideal for day trades if you can get it right. GLA