OCT and a rise to come

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OCT has gained 9% today but is it over its downside yet?

© Image copyright rogersg

 

The downside of OCT in my opinion is overdone. With real revenue, money in the bank and the possibility that OCT will provide a dividend at some point in the near future we should currently be looking at a 2.5pps at the very least which at 1.5pps ask makes OCT a huge bargain.

I will be looking to invest soon should the opportunity arise.

We should be looking at finding the base which at this early stage seems to be around the 1.3pps mark but isn’t yet strong enough to be certain as it has at one point dropped past this.

I will watch and update once the next attack on the base is over and we can decide at that point what price might be best for a good entry.

Until then I have the following companies in my portfolio.

UKOG, LGO, PHE, OPTI

I want to see UKOG reach 4pps before I start selling and LGO to break 5pps.

PHE I intend to hold for a long time as I have only profit left invested and feel they have a bright future with relatively little downside long term.

OPTI I intend to derisk around late September early October if hype allows and if not I will hold for the big company changing RNS and sell strait after.

This portfolio is now in its late stage and I intend to avoid short term higher risk investments and stick to longer term bargain investments with possible short term upside.

On another note I did a podcast yesterday with Justin Waite that you can listen to by clicking HERE  and if you are enjoying my blogs on here, my twitter fees and the podcast you can get to understand the way I trade better and get in early in the major growth stage of my new newsletter portfolio by clicking HERE and subscribing to my newsletter.

I hope you enjoyed this article and as always,

All in my opinion and not to be taken as fact nor advice.

Always seek professional advice before investing in any company.

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