RE: MrCautious4 Jan 2020 09:04
Depends if you like to gamble.
If you have some money and you don’t mind losing it, buy some shares. (No one like losing money, but you know what I mean).
Either you will be seeing a complete loser in the next 12 weeks or you could see a nice return and at least double your money from here.
In the case of a positive rise, take profit on the way up till you have de-risked your investment and then you can hold the remaining shares long term, on a free ride. Wait until there is certainty over ALL the funding required, then re-invest your profits again.
Personally, I don’t think the RNS we are all waiting for will not have all the answers, therefore, they will be a sharp rise driven by PIs and then the questions will asked about the details and ‘what it means’. Don’t get caught on a spike, take the profit and reinvest on the dips.
This would be my strategy, but the amount I would invest would be a couple of % of my overall portfolio.
All IMO and pretty much where I am at currently (although i de risked my current holding by trading a pot in sept, Oct, Nov ).
Tex