RE: Ticking Up21 Mar 2023 13:05
When i place a trade i consider the odds to be in my favour. Otherwise i wouldn't place the trade. Its impossible to invest in the stockmarket without an element of gambling as there are no certaintities.
I would say watching the price action cloely the past week or so, and speaking to the bod about their cost cutting exercises, plus working out their cash position. I'm pretty comfortable and confident this goes higher from here
We also have the mechanics from the dark arts at play here. The market is short of stock, thats not debatable, you can tell from the fact PEEL Hunt for example have been bidding for decent chunks everyday for the past week. SING as well appear short
The only saving grace is that volume has been quite low. IF it picks up on the buying front these will be 10p in a flash
RNS feed could light this up