Mpac Share Discussion Threads

[arregius] 16/10/2020 08:30

Just tweeted: https://twitter.com/arregius/status/1317000001202081799?s=21

[basem1] 15/10/2020 12:02

Managed a few back at 345 Kept some powder for further silly games if necessary

[arregius] 15/10/2020 07:25

In my view it will have many pullbacks but as they grow and develop, up to the right. Bumpy but thats how big companies are created

[mcbabs] 14/10/2020 18:51

320 looks like a good point to add to my position if it pulls back as far as that.

[basem1] 14/10/2020 17:57

Pleased of the pullback I need back in.

[shaker44] 13/10/2020 09:00

Tiger, thanks for flagging your other 3 Aims the other day. Cast your eyes over Flowtech. May be up your street!

[arregius] 12/10/2020 14:59

Indeed they appear all as buys

[fizzypop] 12/10/2020 13:44

Thanks CT ... my thoughts too and presumably the general consensus since there has not been a sell off/profit taking. I remain a LTH.

[lucicavi] 12/10/2020 12:49

Check out RCH, amazing chart PE of 3 £43m cash

[castleford tiger] 12/10/2020 12:32

fair value /undervalued catch up

tiger

[fizzypop] 12/10/2020 10:06

A steep extended rise over a couple of weeks and as yet no sign of consolidation.
Possible bid, fair value catch up, or what?

[arregius] 11/10/2020 19:13

Where can I see that raise from panmure gordon?

[discodave45] 09/10/2020 22:30

Thanks Andy and CT, much appreciated.Think I'm fairly street wise now on these BB's in determining those who are straight and I respect compared to the run of the mill rampers/derampers and position posters etc., but will admit it's taken a while!.Investing fairly early on into FEVR and reading the threads there soon made me realise who to listen to and who to completely ignore.CT - I should have bought days ago rather than focussing on an insignificant negative, but once it was in my head that was enough to generate self doubt. So really kicking myself, once again!.Will hopefully still get in here.......at some point, lol.Thanks again.

[andy2205] 09/10/2020 20:13

Meant to also add, I bought MPAC at £2.59 recently (CT alerted me to..Ta!) but I sold at £3.20 so also missed the extra......My nervousness isn't with MPAC but with a wider market correction.

[discodave45] 09/10/2020 16:24

TexasSeems to be working out for you :)Luckily I'm not an accountant, lol.

[texas_caddy] 09/10/2020 16:07

No problem Dave, we're all learning and have our own weak spots. Mine is quite often the opposite - once I see an idea, do my research I can be a bit quick to buy in - once I've found a good stock it HAS to go up from here doesn't it? It's served me well with a few purchases this year and quick rises thereafter, but trick is not to convince myself that's anything other than good fortune and it will even itself out over long run.

Re: the focusing on negatives - I agree, and a point Robbie Burns (naked trader) made was that he found accountants can make terrible investors as they always find something buried in the accounts they're not happy about.

[discodave45] 09/10/2020 15:53

Thanks TexasStarted to set up some limit buy orders. Think these will get around some of the mental blockers, it's in some ways out of my hands once the order is placed (providing I don't bottle it and cancel!) and I'm not hovering over the buy button :).Have tried stop losses but been caught out a couple of times on tree shakes / fat fingers and now prefer to just set up price alerts.Hopefully will get there. Think Tiger posted on here some 28 days ago that I risk missing out by focussing too much on any negatives in a share. Too true, and no matter how insignificant the negatives may be it's also becoming part of the problem in my ability to simply buy what I know to be a good investment.All the best and thanks for all the feedback, appreciated.

[basem1] 09/10/2020 15:49

Having made 6 figures this calendar year I tend to think of stocks as trading chips rather than an investment. Not really what the market should be about but it certainly works for me. I don't get it right all the time as took profits here yesterday at 364, too early yet again

[arregius] 09/10/2020 14:47

You are totally right. In small caps you have an edge. Insititutions cant buy soon.

[texas_caddy] 09/10/2020 14:37

Dave,

Have you tried doing any reading / research into behavioural finance? May help try and "condition" your brain to block out what (and I am assuming you agree) is some irrationality and focus on the odds/longer term picture. Sounds like a bit of a mental block. Another tactic would be stop losses, though in illiquid/volatile small caps these can be trickier.

Agree with Greenhat too about poker similarities - I don't play as much these days but basically it's all about getting your money in the pot when the odds are in your favour, while managing risk - i.e. no single bet/investment will wipe you out if it doesn't go in your favour. Over the long term you will almost certainly win. Put it this way - there aren't many casinos that will knock back a bet on red or black even though 49 point something percent of the time they will lose.

All the best and stick at it - good sign you've spotted a weakness and trying to act on it, so well on your way.

TC

[discodave45] 09/10/2020 14:20

Thanks basem Will have to try doing just that.All the best.

[basem1] 09/10/2020 13:57

Hi Dave A strategy that has served me well is just buy half your holding to begin with. If it goes up your quids in and if it goes lower you average your purchase price. I did that here with 2500 at 318 and then a 4000 purchase at 297