RE: Director Buys always positive30 May 2022 15:55
Some traders are also investors. My average now after several trades is around 1.5. Had I been passive it would have been over 2p.
This was on my watchlist during the 5p-20p rise but I bought ONC, ERGO, AVCT, NCYT and SNG at around the same time.
Some of us hold a core position and trade opportunities to improve an average or manage risk. I am currently in a slightly overweight position here so on the next spike if I so choose I can sell and retain my core holding.
Yes I do understand CBR at least to a sufficient level to have made an investment decision. Likewise I understand finance and the complexities and costs of clinical trials, the pros and cons of partnerships (JV’s) etc so when you say “what we know will happen”, I think that is a little presumptuous. I have been doing this long enough to know there are no certainties. I think the SP reflects that!
Just look at SNG, many had it as a dead cert. Fortunately I had taken 2.5 bags out before the crash! Also had free carries at AVCT and NCYT. ERGO I sold way too early and ONC I am building a position again having sold most last year but was in at 65p.
Had I had the chance to take significant profits here during the heady days I would have at least taken my money out and if/when it next goes to 4p I will likely sell half.
I have only posted this as so many get fixated about ‘nasty traders’ v the ‘hold and hug good guys’ that seem to have a binary view of investing. There are other methods and yes I apply the same principles to my O&G and mining stocks. However, it’s actually more beneficial on larger cap where there is more liquidity.
I have built an excel with high divi stocks. Have the xd dates and payment dates.
Some folk are of the view that you need to buy and hold. Why if the divi is biannual, you only need to hold for a couple of days.
When you look at the charts you can see that for most, insurers in particular the SP has gone nowhere in between or usually down which means you could get a higher yield and don’t have to risk your cash for the whole year.
I made 20% in MNG in two weeks. 15% on PHNX and around 15% in DLG just trading around the divi’s!
I have built large positions in CMCX and SYNT at recent SP lows. Both will give me double digit yields. Some I don’t get right like PAY atm seems a weak call but I have decided to average down if it drops below my average to get a better quarterly well covered yield and I intend to move PAY to my longer term income plays as I liked the numbers.
But let’s not take anything away from the amazing scientific progress that has been made here but also not not assume it’s nailed, well to be fair your previous posts haven’t assumed.
The next operational update should give us plenty more facts to discuss.
Good luck with your investments
Usual caveats
Trek
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