Agree DVH. I was the same when I invested into an AIM oily about ten years ago. My rose tinted specs cost me all my profit, vowed never to let a big profit slip again.
"you have to think it will drop further before it bounces again. i only hold very few here but would love to see some decent folk on this bb get rewarded"
Not many decent folk on here, all have agendas. Is this post familar?
"KTRB - sorry to hear that. A few peeps did buy at £3 just before the placings news came and you may have been one of them. If you bought this morning, like i did at 1.80, you would be underwater/down but not for long. Hold for a week and i can guarantee you will make profit let alone lose money here."
That was on May 22nd when the price was about 170p
RE: Hammering out very strong support at 1.08p16 Jun 2020 12:07
@subtle Finally a refreshing view point aside from the usual ramptastic members. Where do you think this will find support? 80pence would make sense to me.
"The markets generally been red one day, blue the next the last few months. Probably all red stocks, blue tomorrow and the few blue today, red tomorrow."
"Buys have been higher than sells for days now but still decreasing... i have no idea whats happening"
Correct me if I am wrong. There is no rule that says that MMs are obliged to raise a price when there are more buys than sells. MMs could in theory drop a price to encourage sells and make them money. If there was sufficient buying pressure this would not be possible in the long term. But right now there isnt sufficient buying pressure.