RE: RNS20 Jan 2026 12:58
Chris, Just the very brief highlights: I bought heavily when the SP(years ago was 102p and stated that) and with a bit of trading in between ended up with 77000 shares which I sold down from 256p ( I almost always hold a portion in case of the mythical RNS drop.)
When it collapsed into the 40's I bought there and more in the 50's and 60's and sold down from 100p with the last tranche in the 70s.
Most recently I bought again at 32p and added in the 40s again with some trading in between and have been selling down from the 70's and 50's.
I have been very, very active at various times in this stock and not all successfully, obviously, however I have ended up with a success rate of around 60/70% correct calls. Some with just a few thou on the table sometimes tens of thousands. (Its not always that much, £10% of £5k is only £500 profit)
I never bet the house in one trade and in this stock I invariably keep some in hand although last year for a while I was completely out. I can see that happening again.
Every trade I make stands on its own. I don't care if when I sell I have made, after costs only a few %. I try to avoid losses as much as possible. Often when there is a pull back if it gets close to my buy in, I bank the profit however small.
keeping my capital intact as much as I can given the risk is my paramount aim. I see the year as successful if after everything in every trade in every stock (and there are many!), I am up by more than 5% as that is roughly the alternative in a savings account, so my ambition is small, but the strategy has provided more than that over the years.
The less I care about big wins and keep scalping here and there, helps remove the emotional attachment and therefore aids me in my decision making.
As you can read here I have gotten under the skin (unfortunately) of what seems to be the majority here and that is due not to me (a stranger) but the individuals emotional attachment to their own decision making. (That emotional anger needs venting and releasing and it has to go somewhere!)
(Thats why social media is such a cess pit imo, there are a lot of unhappy people with their lives and decisions, and take it out on others because there is no comeback. Do you know any happy people who routinely spout bile and insults at strangers without even having the facts or correct info?)
(I guess i am doing a social service to people here on the board? :0))