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Elon - OK. thanks for your wise words. I can see your mistaken on all ancounts. I am guessing you have or had multiple accounts as you the one who mentioned it.
i will leave it there. As for selling my holding here - I will do so on my own terms.
If your spreading hatred of any kind - and not ready to accept balanced views - why would people trust the likes of you.
And yes - I have no knowledge. But you sir do offer wise words.
10p possible this year? or more likely towards the end of next year?
I’d be quite happy to see you sell and the share price dip if it meant you would fk off to another BB and not clog the board up with you constant ****e.
Elon - i have 24M shares here. DO you want me to sell here next week, and move holding to somewhere else.
Why you so touchy? weathergeek also dicussed another stock here - nothing to do with syme/ so just giving my views on his post.
Now you can filter me if you want. why you so nervous.
i may report you for insighting hatred etc. But i am above that level.
weathergeek - we lost 15% value so far becuase of AZ posted a fruadulent article (i think it was mistake) - now that is OK/ BUT not ot ok (according to you) for small company to have some issues as they close off OLD old finance agreement - as not required- becuase the about to hit a jackpot following recent events.
I hold both and can see risk/ reward on the both. But you being one sided - makes one wonder.
Weathergeek - Lets get something straight. You are OK in holding 200M Market cap stock with no revenues and no real investor money to invest in inventory as yet. But maybe going forward. risk/reward.
But
You are not prepared to hold a £4m mkt cap now generating revenues and about to become profitable due to recent breakthrough (and covering a couple of growing niche markets) - after years of hardwork. risk/reward
And you have said sometomes you get t right and sometimes you don't. I'll leave it there.
by the way i am in both.
@Apunter is always saying read the RNS several times. Then read it again.. and then again.
Lawyers screen every word, these are like crafted pieces of art. They can contain clues and hints either positive or negative.
The RNS in subject is one from ICON a few days ago, They have been in the worst form of death spiral finance going. Shares are handed out for directors wages and to pay down debts. Every time it happens, you the share holder are diluted.
They released an RNS stating about a new contract that will earn them profit and the "intention" to end the death spiral finance. I spotted that and didn't go in so big as intention is an open word. I also sold at the peak as the market cap got a bit hot for the contract size.
On day one, some piled in. Myself included and I was in the day before just by luck. One day after the first RNS. The TR1's came with the death spiral crew out. Everyone piled in. The share went from 0.008 before the first RNS to 0.033 at its peak. Then they dropped the bomb and released an RNS saying they are doing more death spiral, a few hours later, billions more shares issued at the price of 0.007 to the loan sharks. Look what happened to those buying at 0.03 and above hoping for ZAK's 0.05 target.
Go read the ICON board for the last week for a harsh lesson. I just got lucky with a bit of help from the wisdom of the likes of @Apunter telling us to read every word in detail. Thing is with ICON, The RNS heading, had the word intention in it.
Like i said yesterday, I have the intention to clean my shed, but it doesn't mean i will today.
Also a valuable lesson is having targets. To me, I was never going to hold a £3m market cap with just one £150k contract. Thats not profit, thats just the revenue. The 2nd RNS also reduced it to £100k. At 0.008 its worth a punt, but the thing is with death spiral, That 0.03 it hit, is way more market cap than the last time they hit that price. Because of the terrible finance deal and more shares in issue.
Really cold treatment of shareholders and the first ever pump and dump I've seen through RNS's and the company actually doing it. Again and again. I'm still awaiting a reply to my email from ICON. I had hoped it may become an investment, but its only ever been a trade due to the performance of the BOD and the treatment of shareholders.
Some great posts @Apunter. Trolls did the job of sowing doubt. Fear is a hard one for some.
False Expectations Appearing Real.
I will give you an example I seen on the boards this week .
Weathergeek said he made a profit in some share
He sold because in part he seen the word intention in the RNS Look at my reply .
Sorry I can’t reply in full but I will make this all a lot clearer..
perhaps weathergeek can add till I come back
"When I find time, I will post up what to look for in RNS’s .. how directors can stay within the law. Yet can mislead the investors ..
none of that applies here. Every RNS has been solid and I love the 10th RNS . A lot"
"Out of here"
Sorry @apunter2 can you better explain what do you mean?
I have spoken at length how an indirect investing works. I did a long piece on the relationship of mm, ii and retail investors.
When I find time, I will post up what to look for in RNS’s .. how directors can stay within the law. Yet can mislead the investors ..
none of that applies here. Every RNS has been solid and I love the 10th RNS . A lot
Out of here
Note - strategic Partners
Plural ..
6months listed and ii all over this ..
I can show and say no more
Over and out . Maybe lol
From 10th September RNS
By virtue of the huge underserved market and the unique - proven - inventory monetisation service, the strategic Partners above have been asking to SYME to invest - directly or indirectly - into the capital of the Company, pursuant to confidentiality agreements in place relating to the business alliances which are on track.
Note on track — Institutional investors are here..
it’s official .. and they want your shares !!
Why are the here
From same RNS
By virtue of the huge underserved market and the unique - proven - inventory monetisation service,
The sad thing for me is with the known ii investing,
From official news and from after hours buys, these should be our golden days . 5-10% daily rises every fing day .. but no we have newbies and soft hands falling for mm’s filling orders on the cheap .
Every day .. every fing day
Look at the example of Amazon and Tesla in their early days. A lot of bears were commenting on the high share price compared to very little profit
Their price was based on future growth both were
Priced using PEG which takes into account growth
Once we see all that has been promised in the 10thRNS , PEG will be applied by the market.
You better believe the ii buying now will be applying it already !!!..
This stock imo can only be compared to something unique like Apple, Amazon, Tesla etc. If it pulls it off I see this easily sitting at 10p. But as always dyor.