RE: OK8 Oct 2020 16:43
Dobbins, I have many years investing in aim stocks, considerable losses via various companies, this is why I post caution, ceo's have vested interest, care is necessary if possible with all the hype. Yes correct I'm still below my entry price, not fair to say price, maybe later, I'm truthful when posting, others that held and came in much higher are feeling the pinch, no one will admit......
AIM is not a place to hold long term IMO, my watchlist has a considerable amount of fallers, saved as reminder grounder, unrelated to opti obviously, always keep in mind how past rampers good words create financial problems clouding judgement.
In theory this stock should come good, but as stated some remain on paper loss, hoping for a rocket, traders will take out percentage gain, slowing things down, IMO it is very important for price progress to keep RNS promise, if new staff interfere with profit, its bad for investors, but I don't know that, no information, just that RNS said 50% reduction in loss first half and profit expect at financial year end, obviously new staff will eat into that, whatever the figure, no idea!
Why did I buy, a friend investor recommendation along with the hype, the price was over a quid when rampers ran riot.
No one can tell us how to invest, its often a game of chance, google aim fallers to give insite, too many powers against us to predict a stock, MM's share clubs working the boards, boiler rooms, you name it its going on, no one cares even the financial service body, I've dealt with them to no avail.
Doubtful you will gain from my SA but that's me with honest reply, hope this makes sense and you see where I'm coming from -:)