So EnSilica (London: ENSI) has had a particularly good rise of late and there will be some questioning if the rise is sustainable in the short term, or even beyond. Here are my thoughts…
This may come as a surprise to some, but as someone who is currently invested with a view to the medium-to-long term (i.e. probably for years), I am not worrying about whether it is sustainable or not. I am not trading the short term movements, that is not how I invest.
Quite simply the reward I seek is likely years down the road and by holding Anna‘s and my shares patiently, I hope that will lead to a far greater reward than what I could make by trading seemingly unpredictable short term movements.
There could be many reasons for the recent rise. Clearly as usual I talk about EnSilica frequently. EnSilica’s fruitful relationship with AST SpaceMobile could be part of the situation. It could be a brief discussion I had with a New York based financier at the recent Vertical Aerospace reveal event for the Valo aircraft. It could be the wealthy and successful business lady I consider a friend (albeit she may not see me as such!) and with whom I spoke with last year hoping she and her billionaire brother would see the potential I see in EnSilica. It could simply be speculative traders. I really do not know. Or trouble myself greatly with who or why.
What is important though for anyone that has chosen to follow EnSilica is that you do your due diligence (perhaps with professional advice if appropriate) and fully understand the situation here. There is risk of capital loss undoubtedly like any investment, more so than most some might say, yet in my opinion there is great opportunity too all things going well in time.
We last had a similar rise in Autumn after my ‘Why EnSilica is Worth Possibly 13x its Current Price‘ article was kindly published by Simply Wall St, yet frustratingly was soon followed by a trading update (e.g. JaguarLandRover cyberattack news etc.) that took the wind out of the sails. I am certain some people who later saw ‘bright lights’ of other opportunities may have sold, some perhaps for a loss after the dip, however I am not one for seeking out ‘bright lights’ since I know from experience that some burn!
The real opportunity and interest for me typically lies in seeking out the dim and distant lights that many others are not focused on, and charting a sometimes lonely path towards them. I am not always rewarded, but once again I take great comfort in my journey charting a patient course to what I see is now a slightly less dim light than when I began this journey last March.
May fortune favour the brave!
Mark aka Double Bubbler
EnSilica (ENSI): Some personal thoughts on its recent rise…
byu/_DoubleBubbler_ inDoubleBubbler
