RE: Strong Buy13 Jul 2021 18:18
Crazy prediction....it will not see 60p tomorrow in my opinion however eventually it will see 60p again....and it will see £1.00 again so this is a bargain price imo. I collected more today and as an investor I am more than happy with what I have accumulated to date.
Look back at my posts, I always predicted these results were going to be poor and the company said as much earlier this year in a warning message that was juxtaposed in among some positive RNS's.
The SP has already been sinking back into the 70's, then 60's then 50's and now back to the high 40's which is where we were last winter. It is disappointing but without orders it is hard for folks to stay involved and we all know this is a PI's stock.
Has the future changed for this company, I don't think so and it is bright. It needs to get going and the delay is frustrating but it will secure orders and there will be a frenzy around this stock again as there has been in the past.
I am underwater slightly and trust me I don't like this position and would rather be in profit rather than being presented opportunities to lower my average by buying this stock so cheaply. I am lucky that I can purchase within my means and the one trait I have acquired over the years which has turned my performance around is patience. When I re-visit nearly every trade I made when I was a very inexperienced trader/investor I always panicked and bailed out only to see the share come good again (usually the day after I was out of the stock). Sound familiar to anyone out there?
Now I thought this stock was a stong buy in the 70's so it's clear I was wrong as there was a much better entry price around the corner. However, based on a much longer term view, if I sell for say £1.50 upwards in a years time then an entry in the 70's will look fantastic. The question then is what do ODX's future prospects look like? I believe it is solid.
I won't be bailing into my losses again, pick a stock that has a bright future (ODX definitely fits this criteria) and simply wait. A loss is only a loss once you cash in your chips, until then it is merely numbers on a computer screen.
The de-rampers aren't going away, they were negative towards the stock when it was £1.00 so will be wetting their knickers now it's back in the 40's. They are going nowhere, they won't quit. Stick to your plan and ride out this period and the feel good factor will return to this bb.
Keep the faith.
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