Member Info for Xenor

I think if we get another ramp up based on nothing (like the NASDAQ listing) then I will sell my shares and buy back at 1.10 a week later.

I topped up today and yesterday as well. Every time I tell myself no more, but I can't resist at these prices.

Who knows? If I could guarantee a 40% return on my investment in the near future I would have all of my money in it.

@RookieInvestor82 Have you not considered that £3.40 a month ago may have been too soon, and over valued?

I'm heavily invested here but let's be real - the recovery isn't going to happen overnight. I won't be rushing anywhere until I've had my vaccine. I'm not expecting mine until June given my age.

@maqsood7 Good points. I definitely agree NASDAQ will help on positive news. Not sure where we will drift until that news comes though. Probably sideways.

I don't think the "impending doom" comment yesterday by the CDC will have helped: https://www.bbc.co.uk/news/world-us-canada-56572452 Cases are rising in the US, but they should complete their vaccination program in May so they just need to be cautious until then.

See the "RE: 10 bags". I was responding to someone saying this will be a 10 bagger. I'm not greedy, hence if I double my money I'd be more than happy. I don't need 10 bags.

That said, despite the fall in share price since the peak a week ago I still believe this share has potential to multi bag. That will come down to whether the treatments this company are working on turn into success stories. Medical trials aren't quick so we have to be patient.

The complaints on this board have been specifically about the inflated share price leading up to the NASDAQ listing. I believed the lies as well that listing on NASDAQ would boost the share price. I've admitted that. Hence sitting on a paper loss. Out of all the shares I own that are red, this is the one I'm least worried about. But it's also my biggest paper loss in £ so it's significant.

And you do, Wigscoff88? I'm impressed that you found the reply button this time. I figured you would still be thinking you're important enough to have your own thread every time you wish to reply to a thread.

Anyway enough of your nonsense.

I was going to add something interesting that I came across on another board: https://www.griproom.com/fun/10-signs-your-stock-is-being-manipulated
Fair to say we've seen a few of these over the past week.

It is what it is. I got caught out in the scam too and I'm sitting on a 20% loss on what is my third biggest investment in my portfolio. But if you believe in the fundamentals of the company and what they are doing then a paper loss should turn green eventually. Only reason I'm not selling for a loss.

The share price was pumped on the back of hype about the NASDAQ listing. Then the people pumping it sold just before the NASDAQ opened, which spooked other investors into selling theirs too. Who knows where the bottom is. It was in the 90s before the NASDAQ hype train started so it may go back there but I doubt it will go lower than that. We need some positive news on the trials DDDD are conducting to see the price climb.

@hahahehehoho Really bad source there. Read the table and then read the FAQ underneath it. The FAQ predicts 60k bitcoin in 2030 yet the table predicts $1.7m.

It's not just us. Other miners seem to be having this effect. I bought some Riot on March 11th when BTC was 57-58k and I paid $61. The share price is currently $48. Not sure what to make of it.

I occasionally sell losses. I got out of Genedrive a few days ago because I lost faith in the company. I'd be stupid to sell any DDDD at a loss as I've confidence in the company. But it's nice to have the option to redistribute funds without selling losses.

That said, I think my portfolio has too many companies on it. I need to trim some of the smaller investments and put the funds into ones I'm more interested in. I want to invest in SNG for example. In hindsight, I probably should have put some of the funds in DDDD into SNG but I was unsure back then whether I want to invest in them.

I don't agree with Warren Buffet's "don't invest in a company if you're not willing to hold for 10 years" quote. Generally I think of timescales over the next few years as I'll be wanting a bigger house around 2025. Happy to leave certain ones for longer if needs be. All depends on the company, not all my investments are in companies with high growth prospects like DDDD that might need years. Got a fair few "boring" stocks like BP and LLOY that I consider short term that I'm reasonably confident will bring returns over the next 6-12 months. Not sure I'd want to hold stocks like that for a decade.

I don't invest in anything with the intention of holding for years. I'm more than willing to hold for years, but sometimes you find other opportunities that you feel are better investments. Part of why I don't like sitting on a loss, because if I want to shift some funds elsewhere I can't. But I think trying to invest in everything that looks good isn't a great strategy either. It seems every other day I'm finding new shares I want to dip into.

I'm not worried. Foreign travel is currently illegal and they are going to start testing truck drivers. Europe will get this under control by the end of May in my opinion.

I hope we have some steady meaningful rises over time rather than taking off to the moon before running out of fuel and crash landing.

Enjoy buying back in at a higher price.

What happened to the £1 by Friday guy? Seems to be quiet today.

Yesterday was a good day. Averaged down from 110p to 100p and now I'm back in the green already. Onwards and upwards from here.