To be fair, if Greece goes belly up it will not matter which share you are in over the next few weeks - it will be carnage... so actually having a decent number of investments and being in shares near low points - like Phorm - might offer some protection from any 10% plus stock market fall. As for Phorm - the trouble with a low share price is that any new funds will "cost" shareholders significant dilution gla
RE: changed my mind
I'll repeat my earlier comment about you Cavendish............... haha. Thats one hell of a change of mind. Multibagger to bust within the space of a couple of hours!
changed my mind
one is entitled to change ones mind... I sold and lost £100 (well I made £1000 yesterday on AMC...swings and roundabouts) I am now of the opinion that PHRM will not survive the next 3 months due to their cash burn situation.. I see SXX having a big rise next week but plenty of opinions here..as always DYOR.
RE: still below 3p...not for long
lol come on Cavendish, reveal your formula that made you suggest 6p by close of today. Oh you dont have one?! I'm all for being positive but making up total random figures, come on!? I've had a quick read through your post history too, same story for pretty much every message you post. I lost count how many times you said 'multi-bagger shortly' haha I assume you are a multi millionaire as you seem to know exactly which shares are going to multibag very shortly. I wonder how many of them actually have, I'd hazard a guess at none
Lots of tweets going on about Phrm, all very positive. Don't know if that's good or bad but good luck here.
Sorry but profits are way off - long termers have seen it all before - "positive" operational update followed by new equity followed by "positive" operational update followed by new equity - repeat repeat repeat. I can understand why some might now think the share price is so low it offers value but I believe losses were US$37 million last year and revenue tiny so even though it's increasing sharply it could take years to breakeven.. also if you dyor you will note that they have exited various countires over the years and it wouldn't surprise me if China will be next... however still might be worth a punt at these levels but I wouldn't hold long term here gla
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