RE: Can this be trusted28 Sep 2021 21:23
I entered into this one today at 766, in the full knowledge that it is a high-risk punt. None of us know now how this will pan out, and where/ when it’ll end, but I decided this AM, when it dipped 11% that I’d consider entering if and when that drop became 25 - 30%, particularly if it happened today, as it could be in oversold territory. I entered Petrofac sub £1, and am just playing the waiting game there. Will do the same here. If it continues to drop, I intend to top up and average down. It’s a sector I monitor closely anyway, as I’m in NEX, Stagecoach and First Group anyway, (no-one’s going to accuse me of diversifying today!) GLA.