RE: IG Advice Please1 Feb 2021 15:56
0752Neil: Congrats on your 1.8M shares. When you purchased, I would have thought you had an exit price in mind. Even a ball park figure, come wish price/ pipe dream. I'm sure we all have. Either take that plan and stick to it and/or adjust assuming we get to the previous or new highs later on. I am not an advisor in any way and am not qualified to give you any professional advice, I'm afraid. Your exit will depend on how much you paid on entrance and your personal and financial situation. Some of us will hold longer than others and some will simply trade.
Check the fundamentals of UFO, the MCAP and if near your exit price, the Spread which can catch you out as it has been as much as 15%. Seems today it's around 3-5% which is refreshing.
There is a lot more to UFO than the Silver, but as you can see, we're all happy to ride this wave for now. Hence many will HOLD.
Good luck
Mike
(BB)