RE: 117p currently1 Apr 2021 11:48
Yeah I've done it as well. I sold out of MXC for a 30% loss on March 8th for 3.19p. It bounced from there back to 4.65 by the end of that week which would have put me in the green. Looking at it now, it's almost back down to where I sold.
It works both ways too though, I bought into PREM during a spike a few weeks ago and sold for a 20% loss. The share price has tanked since then and is worth less than half my sell price. I sold GDR for a big loss last week as well. The share price has dropped a further 12% since.
I sold MXC because I believed the price would fall below 2p and I could buy back cheaper. I sold PREM because I got spiked and believed it would fall further, but I didn't think it would fall as much as it has. I sold GDR because I lost confidence in the company to deliver its product. Why I didn't sell DDDD? I still have complete confidence in the company and what they are doing.