RE: Hope26 Apr 2021 00:00
Woodie - I expected them to sell a covid cure during a covid pandemic. Guilty. Still can't believe they've managed to f.ck that up. Also, RM is now out by months on his expected timelines with no update to explain yet another f.ck up.
The loss of enthusiasm is not due to the lack of huge profits too quickly, but rather in the way the company's risk/return ratio has been destroyed to the point where I can think of at least half a dozen AIM companies that either offer better returns for the same amount of perceived risk, or offer much lower risk for the same amount of potential return. My funds have been reallocated accordingly. Effectively, the company has been taken to the point where sensible private investors [not the dumb gambling variety, "I have 1 company in my portfolio; if you hold anything apart from SNG, you are an infidel" types] will be selling off any material position and IIs will be filling their pockets, most likely armed with better information about the company's progress than humble pi. For a company that's had a huge % of PI ownership, this is simply disgusting.
The thing I really dislike though, if the fact that this board has been taken over by a bunch of aggressive idiots. Can't recognise half the handles, even thought they all claim to have been invested since March last year. Their understanding of company and its products is minimal, but they try to pretend they are well researched. They are lacking the knowledge of the most simple investing basics, but claim they are all 5&6-figures deep. [And no, morons, market cap is not a type of a hat you wear to a farmers' market]. All they do is spread misinformation.
Are they paid rampers? If so, we are truly f.cked.
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