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I wouldn’t buy into every IPO. I’m seriously questioning whether I’ll ever buy in with PB again. Seems most PI’s had their shares held back, ensuring all the big dogs got to sell over 20p on Friday. Some people reported having their shares in their accounts Thursday...not acceptable for everyone not to have their shares before listing. This needs to change.
Someone has a vested interest in this share price decreasing...is this because you already sold your CBX shares and are now hoping to get back in close to 5p again? Or that you want people to stop buying CBX and divert to KNB, as apparently you have a large amount of shares there? I’m assuming you got stung on KNB pump and are trying to recoup losses by pumping and dumping CBX?
This share is still on the top three of most viewed shares on HL, with 75% buys to 25% sells.
I’m in at IPO price, most of the sells at anything below 20p will be people in at 5p a share. I won’t be selling at anything below 30p. At that price I would still keep half my shares in the company and see what happens.
Neil: it was 18.50p to buy on Tuesday, I almost bought in at that and bottled it. Wish I hadn’t...but knew it would likely drop again to 20p. I’m debating whether to invest now at 25 or whether to risk waiting and seeing if it drops to 20.
I wouldn’t worry, lat week I was in your position. I bought in at the peak of a pump and dump, bought in at 1.29p, it dropped to 0.7p the next day... that got me down. This week I’m laughing. I don’t see it ever going back below 1.5p now, next week it could hit over 5p if this is beginning to become a trend.
Ratty: yeah I was tempted to sell at 4p for the profit of making back more than my initial investment, in hope that I could buy in again if it drops to 1p or less, as I originally bought in at a peak. But to be honest, for me personally I think the risk is far greater to sell and hope for a drop, than to hold what I have and the stock plummets, dropping below my initial investment again. I don’t see this share going below what I initially bought in at now though, I don’t find it likely that I’ll ever be able to buy more of this stock at 1.29p or less.
This is becoming a long term hold for me. Bought in at the peak of the pump and dump two weeks ago at 1.29p, dropped to 0.7p the next day. Was kicking myself, decided not to buy any more at the lower price as it was too risky in case it continued to drop. Now I’m laughing, but also kicking myself that I didn’t buy up more at 0.7p. I’m aware this will likely drop again, but if it does, I’ll buy up more and sit on them. This stock will go up and down all year, but I believe it has good bones to it and may do marvellous things for my portfolio and finances in future, holding all the way!