Just sold Friends Life to buy even more Quindell. Goes against all my own rules but just couldn't help myself. Convinced that this will fly this week given how many shorts need to close before the results.
so glad that I topped up this morning at 1.89. Should finish the day over 2p. It's not often I get it right!!
Price seems to have stabilised so I've just topped up. Looking forward to steady rise back over 2p
In auction. I'm losing a fortune on this share and don't understand why!
Looks like I bought too soon this morning. Wish I had some cash left!
I'm referring to my spelling mistake about Blinkx - sorry for any confusion!
Ian H - it should drive the share price up in theory but it's often not strongly - Blinkx suffered the same type of shorting attack as QPP has. In November Blinkx shares were £2.30. They dropped to a low of, I think, about 58p. The shorts are all closed not but the share price is only back unto 79p. Great if you bought at 59p but not very good if you bought over £1 as I did!
Finally got some more at 19.49. Happy days!
Each time the price drops back I try to buy but can't get a price. This happened yesterday as well. It's so bloody annoying!!