Time was when you could hear a PINN drop here….. Times change. Been on my watch list for a long time and was 'in' at one point but the bloated complacent business lost money again and again.
Now things look different. Quite different. However I can't help agreeing with the theory of a placing regardless of the recent director purchases because they do look short of cash. Don't get me wrong the director buys are encouraging but not HUGE investments in the business. They look designed like market confidence boosters to me.
So I'll wait for a bit longer I think. Might be wrong but if this turns they'll be plenty of upside potential to jump on board anyway.
Good to see you rate nicks abilities. I think he has enough experience and common scence to run and build up a company of pinns size.
The 'going private' scare story's have been doing the rounds for years and years and years. Boring.
I think all the issues of the past are being resolved now by good planning and management rather than boardroom spats and throwing money at it. Also the eccomy is gaining strength and investment is increasing.
Profitable return to growth should see the market cap/sp flouish.
Good luck to you too in your other investments. Live long and prosper:-)
I actually made £3,000 in total, having at one time had £52,000 of PINN's shares, but I saw the writing on the wall, baling at 20+ I've read Nick's cv; a very impressive list of companies but he's never been a CEO... If you've followed me before, you know my view, this company will get taken private... Best wishes
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