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TheT, you've made my day worthwhile! Thank you!
Sorry, Bucolic, did not wish to focus on you, as I realize that your views are widely shared, only did so as you responded directly to me - seemed the polite thing to do, especially as you intimated that I can't be a long time holder (which I most certainly am).
I have resisted engaging with LB for a long, long time, but every person reaches their limit - I just went through mine!! Don't worry, I will now desist as I recognise that he/she will not respond. But it has made me feel better
Think the object of the exercise is to maintain a negative sentiment with this share,so no one is suprised by the continous targetted chisel of the share price .
Sorry, penultimate sentence should read:
Which, I do NOT know ....
LB 20:30
Have to say, it is hard not to agree with LB's statement: ".....I have just highlighted what they have said in the past on other products they launched and how they were incorrect in their assumptions. So based on that and the last 20 years. Wouldn’t it be prudent and logical for a long standing shareholder to be cautious and question everything?"
What puzzles me, and I guess many others, is that given your obvious caution and skepticism, why would you continue to hold shares in the company, which you have stated that you do? Rationally, you would sell up and move on, as many others with similar views will have done. It makes absolutely no sense to keep a holding here?
I can only assume that the abuse you receive on this board (which I in no way condone) is because you have never provided a satisfactory reason for why you still hold your investment. I am an infrequent visitor to this board, so many apologies if you have given a cogent reason in the past. You may think it is not relevant to provide such an answer, but given the nature of your posts, you might get some understanding, even respect, if you did enlighten everyone. But, it's poor form to complain about others criticizing you, when people are just struggling to understand your motives.
For the record, as a long-term holder, I would tend to agree with your assessment. The way I view it is that this is a very much a binary bet - I used the term "investment" very advisably earlier. It will either fail (spectacularly) or do reasonably well. Which I do know - it could go either way. That is my rational for holding - the hope that it will do well.
He clearly states that this company will never make serious money and backs it up with 600 posts
but remains invested and continues his negativity.
fuzzy logic
My Point is;
How can anyone take him or his posts seriously?
He clearly states that this company will never make serious money but remains invested.
81lucky precisely, such a shame he can't move on from the subject and think about other things. I think he is probably now working on getting our posts removed, so don't be surprised if they disappear soon.
dgdg1
He is certainly displaying traits of OCD, along with bitterness and hostility towards the BoD.
I have never seen anyone so obsessive in his pursuit.
He clearly states that this company will never make serious money but remains invested and continues his negative posts.
NOT NORMAL!!
Booth, nearly 600 negative posts, amazing! And given you say you are a shareholder but are really worried about the company it's amazingly selfless of you to want to persuade others to sell and not worry that it might affect the share price. It's even more amazing that you don't sell yourself. Maybe the reason for that is that you don't want to knock down the share price by selling, thus causing others to have to sell for a lower price.
What a fine upstanding member of society.
But seriously now, whatever self-interested reasons he has for his posts, there is a psychological obsession here as well which indicates that he has a serious problem, which is very sad.
The slow decline is normal, this share is speculative and feeds on news. Wait for the product to be on the shelves.
P.S. I'm back after a long time with a new account and I have turned bullish on this SP
Hi Ody - now now, no need to come back with your negative views! I still think this has a 50/50 chance so I'm sticking. Even though I averaged up quite a bit I still have my head above water. There again, I didn't buy in at nearly a quid like somebody in this conversation!
Have a good weekend guys.
well odysseus i cannot speak for others ,but personally I'm very satisfied with the 180% plus gain I've made from fum to date.
hello bucolic / italian. Seems like the market is disappointed in FUM again? Almost back to the pre-approval days. I just dont see this ever taking off.
But what is the latest? As an interested ex-holder. Having now seen the great gains over the last 18 months across the market, people must be frustrated with this stock??/ Fantasy anywhere near????