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Thins is bluefiesta..i didn t sell because i fear i would struggle to get my golden tickets back and low and behold...thats what peeps are suggesting. If i sold 1m+ of my shares the other day and thought brilliant ...lets buy back in...chances are i d struggle!!! Not worth it given where this is going.
MOD123 - It will be a sad day if they don't get the SOA not just for the day traders but the whole sub prime sector. Even looking at the woolard review, he said more access to cheaper credit than what was currently available for sub prim was needed, they said in the 175% are needed to be more like it!!!!! Amigo 49% but still treated like the monsters. Really the 15milliion or so sub prime candidates can not be lent to at lower levels by anyone, its a simple fact its how it has always worked. See the guardian and all sorts put out articles that guarantor loan most complained about. I am not surprised, its basically free money for any customer now, its disgusting that so many people are putting in these claims. Sad news.
Hi gwhiz, everyone seems to think it's a cert....far from it, I am waiting for my 10p sp to buy back in because I do feel there will be 1 more push North as excitement builds but I suspect that could be the final push before the plug is pulled.
Fake claims don’t get that far. Fos can’t charge for fake customers its a waste of fos time and the cmc’s should be punished for submitting them but fos won’t kill their cash cow. I see amigo keep saying mistakes of past but they didn’t make that many, it was just pre ipo they lent without many checks, those loans defaulted anyway only business lost out.
So if amigo are saying they are now a new team etc etc they are telling everyone to come make a claim which is idiotic at best of the ceo. I fear the soa will fail
Franky - I continue to hold, just a bit hacked off with a missed opportunity, I'll continue to hold through SOA and see what happens.
I do enjoy being investigated by a private eye though, think I might go and get a trench coat.
The fake claims argument will doubtless be heard in court and I think the FCA will even have some sympathy for it. Indeed, if the court needs persuading, GJ will simply ask to let the proposal go to vote because if many claims are fake as suspected, they will vote for the scheme knowing they're trying it on and will get something. The court will allow this to go to vote at which point there will be something for traders to grab on to and you'll see it bang up again, which may happen before month end anyway.
I have a feeling they will have a positive update. People come to amigo for the loans however they got it they cant be ignorant on the terms that's why they didn't go to the bank. I'm sure lots of fake claims since this has been going on too
bluefiesta - each to their own - every trading decision is a bad decision IMHO. 90% of amateur traders lose 90% of their money 90% of the time. You might get a few right but in the end catching the falling knife or waiting for some number to get your interest only to find the markets taken off etc...no one here has the information the professional guys have or quite frankly the resource. You are better off investing in something for at least 12 months. Its inevitable that we will all still trade some of our positions as stuff changes but this is clearly not one of them. Nothing has changed at all apart from the positive noises with IIs buying. So I guess let the traders trade and don't get sucked in. 19p is a mere taster for what's coming in another quarter or two.
Think all of us enjoyed the massive increase and a few of us are wobbling at the decrease... I've just bought another £3k of shares... totally against the grain of what I normally do
Let's face it, my wittering on here will do nothing to the SP....it's not Watergate
RnR - well I didn't, you're off track on that one. I'm most definitely sorry to say, a few thousand pound sorry to say....
Good luck with the rest of the day. Need a boost to stop the slide and I really hope it comes.
Just having a wobble, that's all.
Hey Rock, time will tell who is right my friend.
As a former investigative reporter, your comments seem at odds which what you are saying. My gut tells me you sold earlier on in the week and hoping to get in cheap. Nothing wrong with that either, its trading. In hindsight, I wish I had also sold and could've made an extra few quid, long term a couple of pence isn't going to make that much difference.
RocknRoller, I've got skin in the game, don't worry and I hold an average of just under 10p and have done right through below 6p. I'm just having a poor day and venting my poor trading decisions. Simple as that, I'd much prefer this to be up. Generally just hacked off
Bluefiesta. -you are actually trolling this share in a subtle way. Clever. But I have read through all your posts and you say you are a long term holder but all your posts, every single one of them is trying to drive the price down. interesting. Other people just need to click and see your other posts to see you for who you are. Your approach is certainly more well thought out than MODS...
Really where, prove it
where do you see this? I don't have L2T - how much?
Gap fill down to 12.39p will bounce IMO