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Listen, if debt camel conducted a straw pole before
the vote, the FCA would be all over them,it`s absolute
nonsense, that woman`s daft, but not that daft!
Look out for more tr1s. Institutions are taking your shares and they have patsy's on boards to scare the naive. Gla I'm waiting
The advfn poll sounds biased from known people who have an agenda. If the price drops based on spooked investors, then it provides an opportunity for me to get a lower price.
As far as I can see Amigo is in a far better position than it was 3 months ago. There is not only positively coming from institutions but the claims department scaling down & the potential to relend soon.
LTHcine I am going nowhere!
I am almost all in.
I got fed up with reading the constant worrying from Mouse, that is why I put her in a green box. I had to think long and hard about it because she is a nice person but I couldn't take it anymore.
I you can't stand the heat get out of the kitchen!
I am 100% confident in Gary and the BoD. This is a multi-bagger, I'm holding mid to longterm. My mortgage will be gone, I'll upgrade my Merc and have some fun money left over.
Keep the faith Amigos.
Seen the straw poll stuff on ADVFN? If that's not scaremongering, I don't know what is. I've searched Google to see if it's true but can't find anything. Should be backed up by fact.
That type of thing suggests that a bounce could come and fear is being played opon
I’m still in, haven’t sold anything and going mid to long term. No guarantees, but are there ever, in anything?
The Amigo board are solid and have pushed ahead with their plan, sacking those who’d outlived their usefulness or were just incompetent. Institutions are now onboard and their research is better than mine. Now isn’t the time to de-risk, for me it’s time to hold. An average of 15p and couldn’t care less whether the price drifts or drops slightly. The outlook is substantially better than it was a few months ago.
Great chat this AM...
Lots of gloom on other site and derisking here. I wonder if this will actually bounce tomorrow as people are baited into selling. I've had a wobble but held and holding has cost me real gains but hopefully support level has been reached and higher highs will come as we approach the vote.
You cant just say bye and im magically gone? If you derisk, that is your prerogative. The only "sudden problem" i have is that you have spent the last few days almost bragging that you derisked and have no worries whatsoever. Its insensitive to those who now are having worries on last few days of SP walk down. I would just advise everyone to take what you read here with a pinch of salt either REALLY for or REALLY against this share is just noise. Do your own research into the company and the board and make your own decisions (then live with what decisions you make, without blaming others). Iv said my part and have no real interest in arguing on a public forum. Just cant be bothered reading absolute nonsense for days at a time.
Yes, warning others about him. Secondly, I'm not all in either. I was over 70% in, however, and have decided it was too much. So I don't understand your sudden problem. The reality is that we are all stabbing in the dark where decisions and future are concerned until then this stock is highly speculative. We can guess as much as we want as to the sudden appearance of IIs, we don't know. I don't think they have bought in because they just felt like losing lots of money, but until I know for sure where the journey goes, I have reduced my holding, that's all. If I'm not allowed to say that her, then fine.
Bye
Mouse, and i have a child like mind for mentioning Jimmy? If i remember rightly, and i do, You went on about Jimmy influencing your decisions for dayyyyys and days.
first thing, i am not all in. Anyone whos all in has some balls of steel and i applaud that. Second thing im not trying to influence anyones decisions either way, but i see potential in Gary and the new BOD or i wouldnt have invested atall. Im just saying that derisking is one thing, talking about how you derisked and can now sleep better on days that it is down from where you sold out is insensitive to people who might have been buying last week. Who now have to read all this drivel about derisking at a time when SP is down andsome might be worried when everyone keeps going on and on and on about the risk? If you dont know its risky, dont invest is my advice. Im just saying i notice how the main group of people who were on this board have now pulled out due to risk after saying how good opportunity it is, what could possibly have got to them?
Food=good!!!! Damn Auto correct.....
Was the balls of steel initiative a pump and dump, similar to what we see on twitter sometimes? I am not accusing anyone of anything but what this does raise to me is whether groupthink was an outcome of this? Interesting question and based around the idea of invulnerability. This is why I try to be careful with what I read on the boards.
Amigo has a great future by the way imo and if you are down I would not be selling. This will come food in the end.....
Wise decision, vagabond. Once a court decision has been made and it turns out in our favour, then there'll be lots of time to assess the situation again and top up.
LTH, if you think this is subtle de-ramping and keep our ideas of de-risking to ourselves and just quietly do it, then I suggest you keep your all-in strategy to yourself and just get on and do it, because for me this is leading people your way. If you want to walk anywhere completely blind-folded, which we all right now are where Amigo is concerned, then just walk it and don't talk about it ;-)
only thing i find strange is that everyone discusses wanting to de risk here. Why not just derisk on a nice day and keep it to yourself? It feels like subtle deramping and it can effect peoples decision making as mouse found out with Jimmy. By all means de risk or increase at will but dont think everyone here needs to know how risky it is. Dont mean to jump down your throats, just annoys me reading it because we all know its risky and have hopefully only bought with what we are prepared to lose in the first place? Sorry if i sound like an arse :)
See if the support level holds up tomorrow, hopefully a good positive holdings RNS to kick start the week.
Mousewitz, Always nice to get a wide opinion from others after doing my own research. Just want to derisk a bit from amigo just like you did. No one is sure what lies in the future. Don't want to keep all the eggs in one basket and risk it all. Getting a bit nervous as we are nearing the vote and whether it will be all good news ahead. I am very much confident but that little if feeling makes me feel like derisking a part of my investment here. Appreciate your advice though.
Franky, whatever happen will happen. No matter how much money is being invested.
Franky, whatever anyone in here wishes for, I hope it happens for them. I know this could be a live changing stock, but I'd be happy with my £100 000 if it reaches £ 3 or 4 than to stress over hoping it goes to over one million or more :-)
Rather like the vote i have this at 75/25 to Amigo. Multi- bag at x4-x7 by summer or 2-3p per share with plan B in flight.
I had one really great day with a stock. I invested £700 on a Monday and the following Friday after lunch it showed £1890 and I sold out completely. I won't tell which one this was, because it at the time I didn't know it was a SPAC and because the price was low on that day I popped £1000 into Amigo, which gave me a nice return the other day, when I sold some. My seed money of £1200 is now a solid £1000 (cash waiting to get invested) and I am currently invested with £2500, the 2500 are not in Amigo, in them I now have no 'investment' as such, just the profit I didn't take out.
Vagabond, my personal experience with mining:
PAF: Bought in in three tranches over 10 years: Sold at the peak and came out with a profit of £800 (then it curved down)
Great Western: Bought in with £1000 last autumn, sold after one week with a profit of £100 (then it went down)
Bushveldt: Bought in with £700 some time last summer and sold making a profit of £350 (it curved down since)
Zinnwald Project: Bought in with £500 and sold with profit of£150 (it curved down since)
From my personal experience with 'holes in the ground' :-) PAF was the best one, as they paid a dividend (when it suited them). Most of the mines are located in countries that highly in danger of internal problems. Apart from Zinnwald, now that one is in Germany ;-) but the problem with this one is: Only 1/3 of the lithium below German ground, the rest is below Czech ground and what is below German ground above that is a Nature Reserve and it seems that former East Germany has already fleeced it thoroughly. To get permission for 'further investigation' could take a few years. Zinnwald Project was originally led by Bacanora, but they now only own major stocks in it and lend out hardware and loan expertise.
There is no way in Hell, that I'd EVER invest into holes in the grounds again.
And I still own around 23000 shares in Amigo ;-)
Right now, fact is, that Amigo without a decision and being able to be operational again, it's worth zero. It's one the most highest risk investments around. It can go either way. Which way it now goes, doesn't matter to me anymore. I have removed my initial investment-cost plus a small profit. For me that was the right thing to do. I don't have to cling onto hope anymore, I enjoy the ride :-)
vagabond, you really want to take the profit from here and dump them into holes in ground, some of which may funding being dug and others are being dug with hope they reveal something of value? I wish I had your nerves :-)