The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
@newtothis20 if you are 35% down you must have average price of around 27p... if you believe in your decision to buy then, why not buy even at the current price and get your average down so you are quicker to get to profit?
as always DYOR
GL
and buyers are winning the day today, so maybe a little rise before the end of the day... awaiting news with bated breath
GLA
my instinct tells me that some investors are just getting bored and selling up to move on to something with a bit of action. The overall trades have fallen a lot over the last few days and as such this needs some news, which will come eventually. Traders don't want to sit on a static stock while others are making money. I've done the same with AML as I think it's going no where until something exciting is announced.
I have set a buy at 15p if it falls from here but otherwise I have a healthy holding and have no intention of selling quite yet even to pursue other opportunities, but that lower purchase price might give me a chance to trade in the 15 - 20p space
does anyone know as well, at what point you must be holding the shares in order to qualify? i.e. could I sell my current holding before I get the issue?
Jeremysy, I know, there's a real head an heart thing going on, not to mention the wife who is sell sell sell, as she wants to buy buy buy some new shoes... lockdown has been a blessing in that she cant!
I know this share has a long way in it yet, and sometimes trying to be too clever bites you on the a**e. I've done it before, and will do it again I am sure.
my decision is made
I've been trying to look at what I think the FTSE might do and I think I agree, it is perhaps unlikely to fall (much, if at all) tomorrow, with the US markets opening strongly as well, this week is perhaps likely to be steady.
Thanks for all the positive input to help clear a very muggy head
GLA
That's my point, when the markets were poor i.e. the last couple of days, the SP fell. I guess I'm asking to predict the general market tomorrow as my decision is merely based on that... of course, like all of this, it's unknown.
However, you have confirmed my belief... so thank you for that. GL
Thanks Lockesboy... Don't get me wrong, I love this share... I am overweight in it at the moment and thankfully in profit... But, what's your view on this holding up with a fall in the market tomorrow?
I suppose I was looking for views? Is that not what a board like this is for?
I'm actually wondering whether to bail out around now... I'm in good profit currently. With the FTSE100 200 points up, I'm not so sure it will sustain tomorrow and therefore we may see a drop in SP... opportunity to re-buy
There is a theory in investment management that optimum diversification and management can be achieved over 16-20 stocks I believe. I hold 11 currently, having sold some to go overweight in AML and DLAR and at most had 15. TBH I struggled to follow more than 15.
Diversification across sectors is about 7 with some correlations
My two biggest holdings, almost equally
managed to get in just at 139 for a grand but that was all could do then the price moved literally as I was about to hit the trade button... it's gone mad!
Canaccord increased it's target to 40p on 8th June from 30p on 15th May having slashed it from 60p so confidence has been building ;-)
Just have faith... walk away, don't watch, just come back a little later when the dust has settled.
I often just revisit my due dilligence and remind myself why I bought; as long as nothing significant has changed then I get on with something else. Also, look at the rest of the market... yesterday was a red day all round so what do we expect? Shares don't move in a straight line so look at the bumps in the road as just opportunities (if you have the cash).
GLA and hold the nerve
Quietly singing to myself now "The Gambler" - Kenny Rogers RIP
"You gotta know when to hold em, know when to fold em, know when to walk away, know when to run, you never count your money while you're sitting at the table... there'll be time enough for counting, when the day is done" ;-)
Missed 55p buy but holding on for that recovery ;-)
or scrabble around for some cash and buy some more... lol
Brownbear… Canaccord also changed it's target from 30p to 40p in Monday's round up
I'm really struggling with this one... the last four buys of the day were all fairly substantial, one of them very. The sells by comparison are small fry although of course add up. The sells overall seem a fraction of the buys also so all points to this needing to go north. The very large buyer yesterday clearly has some belief / knowledge or has a large tolerance to losing money... I wouldn't bet on the latter as being a reason to buy this share ;-)
I think ladies and gents that this is a game of patience... a loss is only a loss if you sell... if you don't need (and I mean need) the cash then HOLD HOLD HOLD
Goodness me... does any share price not get a day off? This has performed exceedingly well... just taking a breather in my opinion
GLA