RE: Accumulation v Selling .... who wins ....15 Apr 2021 03:23
Wasa.
I do agree that many are on AIM are dispassionate & with a shortish term target no doubt. Even if not a day trader, they see a share shelf life of say 6 months max. If good at picking, they well & then sell. Take a nice profit. No attachments, and move to a new thing.
To be honest AIM seems built that way generally in my experience to date?
A few shares that buck this.... But even they often finally suffer. GGP went from 1.4p in mid 2019, lumbered for 5 months while some of us saw prospects that seemed tangible so bought...exploded Jan 2020 to Dec 2020. Hitting 38p.... then fell off a cliff & in 3 months halved.
Of course with hindsight everyone would have sold last Xmas and rebought at 18p a week back... but hindsight isnt given to many of us sadly ..
Or perhaps the truely, as you intimate, savvy types sold at Xmas n just accept that if it does go to 70p sometime in the next 12-18 mnths.... well, so be it. They made plenty already (putting it mildly!). On to the next thing....
So yeah. With the fashion parade that is AIM shares it's a brave man that invests long term no doubt. Most haven't the patience nor the nerve for it.
Who is right who is wrong.... who judges their exit will be the real guru. Be that in a week, 6 months or a few years...
Anyhow to me help on making that "call" here is seemingly dependent on the quality of the deal JM comes up with. Mid April now. He has my ear till Q3.... sitting on hands till then, then I will decide the future of my 11.34 Mill tickets. I think that's only fair?