De-rampers Out in Full Force3 Mar 2021 20:55
AMIGO has attracted some wannabee investors in the form of de-rampers - good news! Shares go up, shares go down.
Amigo can boast it has 2 II's (possibly a 3rd) loading before a very important event, that being the SoA. Not one person thought this was possible a few weeks (before a decision on the SoA). I mooted it as a remote possibility but as expected (rightly so because why on earth would an II such as JP Morgan, invest in AMIGO with all the complaint issues, FCA issues etc) the idea was discounted by many.
Now, if one had a reasonable amount of intellect, one would look at the current state of play here and draw the conclusion that major news is coming. Those wishing to get in on the cheap - well, it ain't as cheap at 11 as it was at 5.8!
You see, you are the people who couldn't spot the value then, BUT, now, you seek to drive it down, which I'm sure market mechanics may well assist you tomorrow if there is no TR1. It will be NT to buy on and off from 11 all the way back to 15, I wish you luck. Maybe you didn't have the balls when things looked dire a few week back, but now you see II's on board, you take the lazy route and de-ramp to make 30%.
Amigo has a world class Board of Directors, including exceptionally talented NED's who have close ties with the FCA. This company is going places in my view and looking for 30% is not my strategy.
Sometimes a share is safer tucked up and left. Enjoy tomorrow's de-ramping if no TR-1 appears.....................