RE: Once again ready to go9 Dec 2024 20:17
Belgrano if I want insight into past trading I will merely look at a graph on Google to see what its performance is in a clear concise form without any meaningless lines or names for meaningless shapes.
Shares, especially on AIM only have a trend when either rumours are spread or indeed no news is expected imminently.
Using SkinBio as an example, the price is news driven and not a graph in the universe can accurately predict that. The only cert with SBTX is that between now and mid April the price will drift to possibly as low as 12-13p as punters try and seek alternative get rich quick schemes before (hopefully) the shareprice takes off.
Regarding the risk, I have been in this game long enough to fully accept that return is relative to risk and you have to back your own judgement from the research you have done yourself.
My judgement and instinct tells me that SkinBio could be a very lucrative punt over the next 12 months and thats why I have got a more than reasonable holding in the company, but would I put my life on that?? On AIM I wouldnt put my life on anything as no matter what your charts show the only thing thats a certainty is the uncertainty and that over 90% of shareholders on AIM end up doing their bits in.