I think, however, that a lesson, at least for me can be learned. I thought I was well researched into QPP. I read all the RNS, I read the annual reports, did the numbers. I work as a statistician, so I was quite confident in the numbers. However, that Gotham report did contain information I was unaware of. The problem, for me, is that I have a full time job. I cannot commit the weeks, and probably months, that went into that report. And additionally, I am not kidding myself, people working at hedge funds have much more expertise in investing than me.
From Stockopedia, I have learned the following lesson: "Try not to be on the other side of the trade to short sellers, because they tend to be the smartest & most experienced investors out there, and are usually (but not always) right."
My other half was super supportive after the SP drop. She just said, it's only money - at least nobody has died. She said there is no point in selling them now if they will go back up at some point! Nice to have such support - think she gets to choose the holiday this year!
(She said I can't believe your dream was true though - I had a dream on Sunday evening of a 50% drop and told her about it on monday - SOOOO WEIRD)
I suppose one thing to think about Superblue32 is that if/when the price rises there will be lots of retail investors will decide to get out at break even point - i.e. if someone bought in at, say, 32p then if/when the price goes back up to 32p they will simply bail. You might get thousands of retail investors deciding to do this.
Bandanaman...i agree with you re. Gotham (and anyone who subscribes to their opinion in good faith needs their head examined).
However, as many others have mentioned, Gotham is not the real issue here. They didn't do the damage. It's the large scale, carefully orchestrated conspiracy to manipulate the market that did the damage, (probably through a variety of instruments). This sort of raid could befall any company if the bandits are well organized, whether they are in good shape or bad. It's happened before and, unless some serious action is taken, it will happen again.
As you allude, it leaves a bad taste in your mouth and you cant help but feel the deck is stacked against the investor, no matter how good their research and diligence and no matter how good the fundamentals of the company. That cant be right. The playing field needs to be leveled. A start, perhaps, would be the German model of banning short selling. If you think a share will drop in value, just don't buy it!
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