Risk Advice25 Oct 2018 22:03
I have previously only bought blue chips companies which I have kept but recently ventured into AIM and small cap companies, Got caught up in the hype on this site as sp was approaching the magic 40p and bought double the amount of SXX I had intended to from 32p to 38p which leaves me around 40% down. The intention was to sell half when the price had doubled and keep the other half for ever (lesson learnt),
Should I now -
(a) Just leave the shares to hopefully develop over time, I can wait.
(b) Buy now at 23p to bring my average down and then sell this portion once the sp get to a reasonable level
Dont mind waiting for a profit but would not want to lose all the money. welcome any thoughts
TonyB