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I'm watching AimMaster. More interested in where the share price will be after finance than tomorrow. Bit of a gamble selling in the hope you can get back in cheaper prior to news, but you do you and I'll stick with my strategy. Ultimately doesn't matter who is right in the end, we're all here to make money and have different strategies to get there.
As for the political debate - both major parties are as bad as each other. I see no difference. Guarantee Labour will have as many scandals as the Tories when they get in, there's people who spend their lives digging up dirt on politicians ready to reveal at the most optimal time.
120m contract was big news. Preferred bidder I know, but confirmation is a formality. I suspect trading updates and such are being held back until after finance. We don't need another "material uncertainty" in the financial results, which would happen if they were released prior to finance.
It seems like 14p is the top of the range here. I will want 20% when I enter so I think a buy price at 12p on the dot would be good, maybe slightly lower. However got to be not too greedy as that caused me to miss the recent rise.
As for selling at a loss. Have to 100% disagree on that. Selling at a loss is a valid strategy if you think the price will go lower. Buying back cheaper is a more effective way of averaging down than throwing more money at it and ending up in too deep. I don't regret selling at 24p or 17p on the two occasions I have held this.
Double top. 😂
The only double top you're seeing is on that X rated website you have open.
It's 13p. You can talk about double tops when it hits the November 2022 peak.
Enjoy your 20%, with finance due any day I wouldn't want to risk trading this. But you do you.
Stokey, of course it's based on market cap. There are some AIM companies with massive valuations. The FTSE 250 typically represents the biggest 101-350 companies in size, hence the name 250, sitting below the FTSE 100. Market caps change so companies get kicked out and promoted to both indexes.
FTSE 250 is not the AIM here, we'd need a market cap around 500m. Not out of the realms of possibility on a 10 year timescale but we will likely move to FTSE small cap market long before then.
But that's exactly why chartists get a bad reputation. They're all over Telegram too. "Look at this share, it's primed to take off, my chart shows it!". Day later it's down 10% and that person is posting about a different stock. You're obviously not one of them but I treat all charts with suspicion these days. Apologises if my lemming jibe caused offence.