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I don't think it was me that first mentioned a placing, and I am not selling and will more likely buy another 2m the price remains subdued whilst positive feedback continues from the underlying investments.
Would have to do it if a placing dropped the price again, but don't think it will unless they start a new investment or two.
That’s a bit unfair, I have more invested in TERN than most people and then trade swings on around 20 shares, currently all upwards only on shares I like. TERN is just one of those and I don’t try to talk it down to have a bet as I doubt this site has any effect, and there are opportunities elsewhere every day. If I wanted it down I could sell almost 2m shares and short it for good measure, which would probably trigger others to sell some.
My take would be that looking at the individual companies all seem to have good potential and investing in TERN is a relatively safe way to spread your bet rather than investing individually. The only downside I see is the continued fund raising with TERN at discounted prices, but generally enough people who get these discounted prices sell so the opportunity to buy additional shares even cheaper than the discounted issue is normally available. Therefore keep topping up just below any of the new issue prices and you should be ok in the long run.
One day something has to pop, it's just when is that day.
In the meantime do some trading to make some profits, which will enable you to top up more!
and it didn't trigger my 130! BooHoo.
Rhodi, all this positiveness is spoiling my fun. I think you may be right so I have deleted my spread bet sells and put on another couple of buys which will be very boring if nothing happens for a while and I should be keeping my trading account for trading only and not sitting on stocks. Will have to go and play somewhere else, any ideas?
Nothing wrong with a small profit, and it has zero effect on the final outcome so who cares. I've got some sells starting at 24p but only my sideline bets.
Ands to be fair, buys starting below 18p if we go the other way for a while!
132 back and 130 on the horizon, here I come!!
GeoXd, unfortunately I have not sold any shares, I am awaiting 80p or more, and for my side CFD bets the first sell is set for 24p. I think I am more likely to hit another buy at 18p before a sale but who knows.
If TED and or AML rise a bit this week which are my other gambling shares, I think I will take some winnings and actually buy some more TERN shares to keep and bring my 80p target down a bit.
Might help keep the price up for you as well not that the daily price matters!
Question, if it is so obvious that DA is a winner in all this, how come none of the tens of thousands of highly paid analysts in all these investment funds have worked out the value of TERN and piled into it so far. Not really even a whimper of real interest which does seem very odd if it as straight forward as is suggested.
I am positive, but still cannot get my head round why the price has not flown upwards already, we seem to have as many buyers as sellers so some people are even leaving. Any thoughts on why this has not been picked up so far by the investment community?
Also just added some proper size purchases at 18 and 17.75 to sit there and maybe trigger sometime for some short term swing trading.
I've still got 6 of my 7 trading bets running, number 6 pops at 141.7, probably wake up to that on Monday morning as six hours behind now in Chicago.
Also have another buy set for 130 should we go the other way, let's hope I don't wake up to that one, although both would be the best outcome!
I agree, and generally move on when PI's get rough treatment with the awarding of cheaper shares to insiders and institutions. if they do it once they will no doubt do it again. I know this is how it often works but in my view it is really taking the p**s, and you know often when this happens the price will drift below this 400p level in a week or two as there are a whole bunch of sellers out there, the new people with their cheap shares making a profit, and a few others upset about being left out. So if you want more just wait it out.
In this case i am just going to leave my investment alone for the long term, but no more topping up from me in the future, unless it really collapses and i cannot help myself. 300-350 etc.