Back into SkinBioTherapeutics

It's been rather stressful waiting on the sidelines after selling my SBTX:SkinBioTherapeutics shares a few weeks ago.

I was questioning the decision to enjoy a spell of trading with them, and putting my decision down to avoiding the pain of watching others successfully trading OPTI:Optibiotix for all those years while I held at a loss.

I had a stroke of luck when a positive RNS was inexplicably misinterpreted and the price dropped.

I decided the time had come to get back in, because the drop was over-done and it was unlikely to go much lower, especially with human trials starting very soon.

I purchased 9,260 shares at 20p costing £1,863.95 which gave me 1,774 more shares than I had last time.

I'm liking this as a potential model for increasing my holding. Not for gaining actual profit, but for trying to increase the number of shares each time I buy back in. It would be amazing if I can get my holding in SBTX:SkinBioTherapeutics anywhere near the size of my OPTI:Optibiotix holding, but unlikely as I'd need another 65,000 or so. It would have to be the most volatile share in history to pull that off.

Part of me is thinking I got away with it this time. Stick with being a long term investor and leave the trading account for playing around. Part of me still wants to trade it based on the fact I still have a stake via my OPTI:Optibiotix holding so surely these are expendable?

One to ponder as the price goes back up...

The summer blues are getting to me, with OPTI:Optibiotix last announcing a commercial deal on 26th June. That's nearly 2 months without one!

Interesting that the share price has increased more in those two months than in the last three years.

Maybe I shouldn't be wishing for more news after all.

Not much stirring this week. RED:RedT Energy have a UK order but it's only for 4 units so that won't turn them into a dividend-paying share overnight. If Anglia Water like them though, it could be massive when further orders come through.

So far the portfolio is down £783 on the week, but that's a 1p drop in OPTI:Optibiotix so not getting too flustered yet. It would be nice to send the chart upwards again as I don't want to end up with a big spike. Let's see what tomorrow brings...