I don’t know about you, but for me patience isn’t one of my strongest attributes, but on the Football Index it really does pay to be patient and this was shown yesterday to all Indexers with the phenomenal rise of Vincent Kompany (£1.37).
Cast your mind back to early September and Manchester City were flying (as they are now) in all competitions but on the 13th September, Pep Guardiola’s men got their Champions League campaign off to an emphatic start with a 4-0 demolition of Feyenoord away from home. The star that night, was centre back John Stones (£1.96) who scored twice. This performance saw the young Englishman fly on the Index from 92p to £1.72! An 80p rise! He has since gone on to win a few match day dividends seeing his price rise above the £2 mark, all the while his centre back partner Kompany was trading just below the £1 mark.
Similarly the other dominating Manchester City centre back is Argentine Nicolas Otamendi (£1.66) who only recently joined the Index in one of the early IPO’s in November. His arrival was eagerly anticipated by traders and it was little surprise when he flew to close the gap on Stones up to highs of £1.76. All the while the City captain, Kompany was trading below £1 on the Index.
But as December crept ever closer, traders who had spotted the huge gap between Kompany and his defensive teammates as far back as September were finally rewarded. Admittedly Kompany was helped with the injury of John Stones, moving him back into the first team but yesterday’s possession heavy win over Huddersfield showed the Belgians match day dividends potential! He didn’t win but was one of the higher ranking defenders and the Index reacted to close the gap. The Belgian flying up to £1.58! He has since dipped a little, but if you had bought back in September you would be looking at a 60p rise!
One thing for sure is that it pays to be patient on the Index!