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The true meaning of diamond hands isn't just holding. It holding when your holding has turned into a worthless lump of s**t or a lump of charcoal and your holding tight and not letting go eventually turns it into a diamond through the time and stress.
Diamond hands have been needed with this one, currently 50% down on my average. Had some great profits here last year selling half after a 100% gain on the spike. I topped up again though so its not just a free ride anymore. I'm not letting go until the 6 month digital ID review is over which seeing it started in February its coming soon.
Bottom line, CTEA have whats needed to help us out of this mess. They also have whats needed to revolutionise the paper ID world into a digital one.
Been a lot of moaning on this board of late. It's always been June for getting back to it, we will know soon enough what CTEA will have to do with that if anything.
For me though, it's not just about COVID. Its about the transfer of all certificate and licence's into the digital domain which will come after the digital ID plans of the Government roll out.
https://www.gov.uk/government/publications/the-uk-digital-identity-and-attributes-trust-framework/the-uk-digital-identity-and-attributes-trust-framework
With Mr Blair's words in the press today, no doubt this will move up tomorrow.
For those that see this as purely a lifestyle company and say so on here, I hope you are wrong and things have changed. The company history certainly agree's with you but I hope what I have seen in Guy as a new CEO is real and it's about to come good. It comes under the punt part of the portfolio for sure but lets see what happens these next 2 months.
It's all about Sentiments. When a good rms lands everyone wants to jump in and the share price jumps. Then few make money and the sp tanks. At the moment, all aim stocks are suffering, unless there is a update or rns. I still believe in this company and that's why I am here. But there are two cretins here who won't leave until it gets to 1p. But if it ever gets there, then I will top up and average down. I am here for a long haul as I don't need money anytime soon. You only make money in stock market over time. Remember, this sp is at a year low and who invest and has time can make big gains. I am not ramping but time will tell. Technology is our future.
Reading those results RNS's was hard to swallow, Have to admit to being wrong when you get it wrong.
If you can't sell tests in a pandemic, you can't really sell can you. Paper hands needed for this one i think. £14K Revenue?? When you have a deal with a company who's test is FDA approved.
Of concern to me among many things I could mention. Is this one..
On 26 March 2020, the Company announced it had agreed a loan facility of £150,000 from Brian Thompson, which was fully repaid on 6 July 2020.
From accounts:
Net finance expense (25,026)
So a director of the company lent the company £150k in March and received £176k in July for the hassle?? Damn I wish I could find a deal like that.
Stacks of creditors paid in shares who clearly have just sold them as there has been a downward spiral since 4p.
Just the way those RNS's were written has made me give up here, shameful considering the narrative coming from CTEA in all the interviews etc. Nothing but taking shareholders money.
No doubt they will come out with new stories for new investors. BOD has lost all my faith so I'm off.
Good luck to those holding.