Sorry for the next question its going to be as thick as a cavemans skull! how do you know institutions are buying in and when you say institutions are you talking about large corporate or funds?
I see your view point. it'll be interesting to see how this pans out, I am not too bothered, I think I bought in at 10p. I will be looking forward long term to see how this share progresses.
The way RDSB is going at the moment I will be using them to offset capital made so I can fly under the capital gains limit while liquidating cash and potentially to invest into other stocks that may look like a good deal.
Well I must admit this board keeps me entertained when the day job is slow! Holding comfortably. Just riding the waves. Pretty standard and a rookie move if you're getting sea sick, they've got tablets for that now!
I understand where you're coming from. It is a long shot. But you dont get rich by being comfy. Every single business in the world that that started up ran high risk for the first 12months minimum. Every investment we all make is speculation until the evidence is provided..
You say its a long shot. Have you seen DEV and GGP recently? These are just examples.
Syme is a new company I expect to see some sort of financials by the end of the month or absolute latest 2nd week in February.
I do not consider myself a smart person but I like to think I have enough around me to not miss the cash i have invested. Risk to reward is too good not to take the time to research and take a punt.
Just my opinion.
Good luck to which ever side of the fence you fall with this stock.
I'll be honest this is one of 3 shares that I have ventured outside of my comfort zone since carillon. And we all know how that went! LTH but at times I have to remind myself it takes a good 5 years for a business to start and settle into its rhythm. Going to be riding this one out.
Well I've decided to top up 800,000+ shares. In for a penny in for a pound. Been invested for a number of months just watching and digesting. In my eyes the signs say it'll pay off well. Just my opinion.