RE: Red Braces Brigade13 Oct 2020 18:28
T - I can see your point.
I like to see the volatility, and as they are cheap 8p!! then it's a hundred K GGP shares for £8000 and 8p to 27p would be ... £19000 ... in a couple of months ... while trading their spike and shakes would have brought in less due to the slow moves until the BOOM!
And it's exciting when they do, and if the markets are not playing the game...
I DO know they can be fickle, and can plummet / vanish, then so can the main market shares - lets cay CCL, £30, MCRO - £12+, CLLN, etc.
I think I look at them 'cos I hear about them, they are cheap, there is often news, and they zoom. Other times they just sit flat.
I missed out on a couple already this year, I was trying to trade them, they were not moving, I got bored and sold, then 3 months later they are 5x, 7x, 10x + . ( eg GDP, GGP, SNG, 7Dig, SYME, ). At least I got GGP and SNG ! Ohh yeah and SYME and 7Dig and UFO.
But I did same with say NCYT - traded didn't hold, now look at 'em! Pets at home too. ASC - I traded them once or twice at around 2300 !!! If I held, double money.
BUT I am now looking more at say ASC every day after the financials come out ( and I have capital back from sales! ) so 100 shares is 1-2K a day!
Or the good old days of predictable movements on MCRO, CCL or others like OCDO.
Anyway, I am still learning, missed out / got burnt on both markets, so I'll play it by ear.
Each to their own, I mix and match until I settle!
V