A lot more to go

concernedinvestor: I asked you for details of your allegations on 30th October; you did not respond.

Investors who seek the largest percentage returns from a buy and hold strategy may watch shares which are falling relentlessly, and have a large historic price range. When the downside momentum ceases, if the share trades in a narrow range for a long period they may watch for news of the trading outlook to see if recovery may be expected, and watch the share price and activity for signs of a new uptrend beginning.
In these cases, the largest percentage gains are made with the least risk and in the shortest time by buying a position at or near the point of reversal to a new uptrend, as near to the extreme low price as possible.

Likewise, the largest percentage losses are made from buying at the historic high and holding throughout the downtrend whilst ignoring all evidence that the share is in decline. Or from buying during the downtrend without evidence that it has ended . Or, worse still, from failing to cut losses due to the self-delusion that the opinions of ‘experts’ (that the share is 'good value' at the highest price) will somehow override the message that the tape is telling you. It is not helpful to be judgmental of individual persons if you make these mistakes - even if there is fault to be found - just learn from your own errors. If you do, the loss is money well spent.

Successful investors will typically sell when their close stop limits are triggered if they have ‘bought too high’ and the share falls, and need do nothing with the funds until the buying opportunity arrives, even if this takes several years. They will thus have kept most of their buying power intact.

DMR fulfils these requirements: High 30p. Falls relentlessly for two and a half years and then trades in a range of 0.65p to 1.5p for nearly two years. Current price 0.85p. Recent news is of improvement in trading and a full order book, little debt, with the directors having more confidence in the future than at any time since flotation. There is increased share activity and a pullback from a rise caused by a tip in the Investors’ Chronicle in October.