Many on this BB have felt you are entitled to your opinions and have had some valid reasons to suggest the SP may go down again. However, to say it is going to zero, officially makes you the fool most on this BB have suspected you are!!!
Omg all the facts are out there....digest them and it = 1 This stock will never pay a dividend. 2 SP will oscillate around zero before hitting zero. 3 Such a shame it never was allowed to go to wall instead of wasting money on bankers and fat salaries for board to keep it a float for a little longer.
Regards previous post about getting a decent exit point - you never know - maybe the next time it rises that might be a point when the share finally comes good and keeps going and you don't need to have a stop loss in place. Fingers crossed for that but I still think it is better to be safe than (repeatedly) sorry.
Good luck everyone. It's not for the faint of heart this one. Will be nice to see you make some money one day.
Surprised to see my name mentioned as I don't post much and never really commit myself to predictions - mainly because they are pretty much impossible - no one knows for sure what this or any other share will do despite people stating predictions as facts.
I can afford to have a sense of perspective on this one as I'm not in the share - got stopped out about a year and a half ago on the rise to 180. After being trapped in it for eighteen months after an initial buy in price of 12p old money I had the sense to use a trailing stop loss when I got back in profit for the first time and managed to make a bit of money. I mainly keep an eye on it as my best mate that also trades and bought at the same time as me still holds. Learned a great lesson though and means I'm now making some nice money from Tesco rather than being trapped in at my original buying price.
While it is certainly nice to see the share bump up from the mid 20s of a few months ago I still think the mood here should be one of cautious optimism. Emphasis on the cautious. All too many times while both in this share and out I see people getting excited by a quick rise of a few pence and predicting great things only for the SP to stall or sink again. It's nice to be positive for sure but it mainly seems to invite repeated disappointment. Fingers crossed for all of you but I hope if/when any of you get into profit you manage to find a decent exit point - because while you never know - this could suddenly fly up to that magical £1 in a flash - it's not going to mean a damn thing if it then drops back leaving you trapped in again for another six months or a year.
Anyway - DoomMonger - you are of course as entitled to post on this B as much as anyone - and even while holding I had no problem with people posting negative predictions as it gave a sense of balance. I remember at one point when I held posters with negative opinions were being chastised by people that wanted to try and police the BB and only hear what they wanted to hear - pretty stupid really.
The problem with yours is that you don't give any kind of rationale as to why you feel the way you do. You're the internet equivalent of someone standing on street corner with a sign saying 'The end of the world is nigh'. Given your user name it fits and I'm sure you don't care but I don't see the point. Having said that predicting positive share prices all the time with no explanation is just as pointless.
I'd be interested to know your position - shorting? Waiting for a cheaper buy in price? Or just trying to wind people up?
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