re: Ann: Dyesol Achieves Technical Breakthrou... The response to this simple brief announcement is quite reminiscent of a by-gone era (circa 2006). Certainly a welcome outcome for holders, particularly on the back of a positive cashflow.
I took the opportunity to reduce my losses. I have seen runs like this on many other shares I hold and have "stuck tight" assuming the rocket was on the launching pad. Alas, that has never been the case and the shares have traded back to their pre-announcement zone in a very short period.
So for all those that continue to hold, things look pretty bright. If I sold, this will surely run like the bulls from here on in! You all owe me a great debt of gratitude!
But to be frank, having lost so much on this stock I took the view that not to grab some of it back when it was on offer was too big a risk. Given the close, however, there seems to be some expectation of more up-side tomorrow. So I might be selling more tomorrow.
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