RE: Local news22 Mar 2023 10:22
Even 90% odds, although obviously excellent, is a world away from 100%.. so as long as investors are aware that the incessant "IT'S COMING!!!!" "GUARANTEED, ABSOLUTELY GUARANTEED POSITIVE RNS COMING!!!!" doesn't mean it's at 100% already, then all is good.
As I've stated before, I've invested in stocks where similar supposed odds of success have been expected. One recently, where there were the same excited posts about parties, visits to Ferrari dealers etc. Even people remortgaging houses and literally raiding kid's piggy banks to invest more as "it was so certain to be a success".
The RNS came and instead of the SP going from £2 to £10 and rising to upwards of £50, like the excited people were saying it would do, it was a negative RNS and the market opened at 10p...
It's always sensible to mix a bit of caution and pragmatic thinking alongside the hope and optimism.
GLA, and I really hope this one does come in big for us all.