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Oh, UFO was the biggy! Forgot went to the moon on a spaceship!
Find the dogs what won’t bite, get in before the crowd and sell the hype. Simple!
Nope, my wins have been: ORM, OMI, EUA, ORR, ALBA and some others which I’ve forgotten about now. Timed OMI from 1 to 3p twice which was a bit of a scalp!
Thanks Helx, seems like a valid opinion, and based on history I would say realistic. It’s good to have realists and optimists. Otherwise we would get stuck in an echo chamber. That’s dangerous. I hope you’re wrong too! But even if you’re not, we can still make money as they shout from the sidelines about what a great job they’re doing. AIM investing is all about the sentiment and rarely about the fundamentals.
"You have a very suspicious mind Mr Chips"
"suspicious" is the wrong word Helx.... "experience" is possibly a better word...seen it all before
You have a very suspicious mind Mr Chips
“And since then, turned my remaining £8k into £6 figures (a lot more) trading in 2 years.”
Novacyt?
Here's a repost from Turbo earlier to cheer everyone up:
Gridz, I agree with you the history of bidstack leaves a lot to be desired. I got caught out in the initial hype - bought in at 34p, sold at 25p. Lost £6k. Learnt a lot. And since then, turned my remaining £8k into £6 figures (a lot more) trading in 2 years. So you could argue that that first loss on bidstack was my best ever trade. Anyway, I digress. The point you made about sentiment being at an all time low is interesting. And it’s right. But to me this presents a great buying opportunity. Not only will it be hard for sentiment to drop much lower, thus limiting potential downside, but it won’t take much to build back some of the hype and momentum that got us to those heady heights in the first place. Now, of course this relies on bids actually delivering results, which, if you are a glass half empty kinda guy, you’d be understandably wary, as in the past the bod have continually over promised and under delivered, however, and here’s my investment hypothesis, what if, all that time before it was just immaturity. JD didn’t have a clue what he was doing, just naive and excitable. But now he’s learnt his lessons, he’s got a good team around him, he’s been operating for several years and he’s got 2 years worth of cash. So if it’s going to work, it’s going to work now. Combined with sentiment being on the floor, for me that makes this a good buy where upside potential (maybe 3-5 bags) outweighs downside (maybe 50% tops if we slide to 1p). No one knows the answer but all we can do is make our best estimate of upside v downside risk. And until the landscape changes for better or worse, I think BIDs is a winner!
" the bidliever cult family (who once saw Draper as a God like figure) "
no doubt with Infiltrators posing as "bidlievers" when in fact they may well have just been sellers looking for buyers...
Mr Guile...I think lots of lth's are a bit more savvy than you think. After all...we've heard it all before. I think even the bidliever cult family (who once saw Draper as a God like figure) may even question your positivity. We all obviously hope these are 30p again some day...and most people hope they win the lottery.
Guile
I would not waste your time...it is August.....personally I would start your debates in September....meaningless debating moves around 2p placing sellers... even Helx knows that..he is just happy to play the devil's advocate
We're not remotely on the same level pal. But it's ok - because everyone can see through you.
Well Mr Guile, you can keep your optimism and I'll keep my pessimism. You obviously think there's something here to be positive about and I don't. The 1's are not far away again. Simples.
I'm more than happy to Punch him every time he comes up with a Judy. As long as people can see what he's about, he's losing.
Guile
I think you have created yourself a Punch and Judy show ..and Helx is only too happy to be part of it ..I think he is finding it all somewhat amusing...
"That Helx is a fool"
"...oh no I am not."
"..oh yes he is"
... watch out for Mr Helx boys and girls
Is this Pantomime show here for the Summer Season ??
lol good one - really sharp comment to show off your intelligence there.
Mr Guile...what an absolute fountain of knowledge you are! I think you'll find you're wrong...yet again.
I'd love to filter helx but unfortunately that won't allow me to counter the BS such as the 'will buy a tenner at 1p' tripe that others may read and be unfairly influenced by. What's louder than this is the non-commentary against statements such as this by seemingly more genuine posters like Girdz. He won't step out of his way to comment on deeply negative / sarcastic comments as presumably it fits in with his narrative.
It's an observation to everyone reading this board of one of the allegiances that exists to continue the down-talking of BIDS. No point talking directly to helx - he's not here to support the company - he's here to get you to sell up.
Mr Turbo.....i just think the charity fund raising event money will gradually disappear and they'll be asking for more, and continue to tell everyone what marvellous progress they are making on the sidelines. More....working alongside and partnerships etc, that don't specify any monetary value is absolutely no use to any of us. I obviously hope I'm wrong...but I doubt i will be.
Helx, I think it’s an unfair claim to suggest nothing is going on to increase the share price. Surely the team at bidstack are not twiddling their thumbs. We have to assume they are trying to improve the share price. A better statement from you might be ‘I have little faith that the activities they are undertaking will increase share price’, and it would be really helpful for you to explain your concerns. Also, I feel it is a little lazy to just use the argument that their past actions have done little to increase the long term share price, as, although this would be true, past performance is not an indicator of future performance. People learn, build relationships, adapt and innovate. What would be really helpful from you is a critique of their actual plans, capabilities and motivations - and where you see gaps in any of the above and therefore why you believe the company value will reduce. Do you have any of that?
Mr Guile....i think you'll find half empty people tend to go on past experience, as well as realising that if a company has little coming in and lots going out, isn't going to forward very much.
Excluding helx - the last three posts have all been fair opinions shared irrespective of whether or not you're a glass half-full or half-empty kind of person - all good stuff.
helx then just stated he'll commit £10 at 1p to pull back his average... This is exactly the type of post the likes of those with glasses half-empty (like Girdz / Jimmy) should also be challenging - not just those who are half-full. It's posters like helx that should be condemned from all sides to reduce the spreading of the unnecessary FUD. Surely you can agree with this Girdz?
Maybe these could be worth a punt at a penny.....but only a tenners worth. Looks to me like there's nothing going on to genuinely increase the share price and these are just being played. As the cash pile dwindles, so will the share price...unless there is something actually credible to report. Something that gives a huge income and gets this firm off the starting blocks. I'm not holding my breath.
“the acid test is now solid sales and revenue generation.”
Concur with this statement.
The skins proposition sounds interesting and makes sense, but seems Bidstack are some way from monetising.
Also Fran said still no open market. All private market place. This will explains lack of ads.
Bidstack will not scale until they have an open market place to sell ads.
Morning all. Good to see more comments counterbalancing the negativity from our resident deramper, Helx - it's a free board, so he can forecast FUD along with one or two others, but I think the general sentiment is that there is a good future for Bidstack, albeit not the unicorn hopes of a couple of years ago. A fellow LTH shared this with me - thanks DIxie - Fran describing the business, technology and future plans - open and straightforward prersentation. Time to put the past ( and faux shareholders) behind us - the acid test is now solid sales and revenue generation. GLA
https://anchor.fm/salad-podcast/episodes/E85--Interview-with-Francesco-Petruzzelli--Chief-Technology-Officer-at-Bidstack-e15dh48