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Pretty sure up this thread I described it as disingenuous.
It all a matter of perspective and emotional intelligence. You are now accusing me of being associated with the FCA, likely because it gives you permission to dismiss me and thus feel comfortable again that an investment is down because of the big bad FCA. We like to protect ourselves from the reality that we rashly took an event (non objection but non enforcement) as a sure thing and made a risky investment at a risky price. Let me be absolutely clear on one thing though. This includes me!!! Which is why I am so comfortable admitting my mistakes and learning from them. It's just frustrating that others could learn to be better but instead choose to play everyones fault but mine.
Here*
Indeed. No agro meant or anything. I like IK. Its just the argument that the FCA should do or not do things because of the price a random holder purchased at and it might loose them money is a very self important illusion. We all are hear for profits and there are risks that come with that. If we want safety and comfort there are index funds or better yet savings accounts.
The price any individual brought at is absolutely irrelevant. I am sorry, I don't like being a C over it but it's emotional "woe is me" thinking. Individuals have all sorts of averages. Some fortunate, some less so. Decision and actions cannot take into account some random holder because they are upset about it.
I get it, it's human nature, we like somebody to blame so that we don't have to face the reality we might have fudged up or mate a mad call. Big boy pants time.
Stevie, it's an emotionally comforting theory - everyone likes a bogeyman.
There is a possibility, but based on my experience of how organisations such as this work I would be extremely, extremely surprised if that were true. It's very unlikely that they are that switched on, organised and tactical. Disorganisation, the arse not talking to the elbow and pressure from stakeholders more likely than not (by a long way) lead to their change of heart.
Indeed what the FCA did was disingenuous, more likely flip floppy indecisiveness and pulling in different directions internally and from different stakeholders.
Blaming them though is an emotional reaction, they did what they did and that was either factored in as a risk by the more switched on / experienced or is a great lesson for newer Investor. There is always risk. Things can always change. We assess the odds and make a call. They are not to blame. We are not to blame. It's just how it is.
Don't get me wrong I was sat on a massive paper profit at 25p. I am sad I didn't sell out at the time, I was greedy. But that's on me.
To be fair though Insider when and what what price you or any perceived majority brought at is irrelevant. That is on you, your analysis, decision making and to an extent luck.
To be fair it built up to 25p on the run to the second court date, didn't it?
Don't get me wrong. It's going that way. Just not sure it will be that quick.
Its likely just buy the rumour sell the news. People sat on 10-40% profit right now will be taking it and either skipping off or getting back in if/when it drifts downwards a bit.
don't worry... we are strapped in and ready to go here.
I certainly need his wise words - I can't make investment decisions without them.
There is a special filling cabinet for complaints like that.
On a more serious note after pulling your plonker...
Its a very grey, dangerous and wolly area.
Officially if a company acknowledges that insolvency is a very real risk, directors are liable to ensure creditors sit above shareholders. Case law however has tended to sit with insolvency proceedings needing to actually be in process for this to be applied. IIRC this was because in some cases companies were going to the wall servicing creditors over shareholders when insolvency was a threat but not a reality. yet.
Based your somewhat schizophrenic postings and rampant bullying I had assumed you knew nothing about it to be honest. I had assumed you were some Stella swigging knuckle dragger who plays stocks like Ladbrokes.
Obviously I was absolutely wrong. Be really keen to hear your wisdom on the subject to educate myself. I just don't feel worthy right now. Xxx
Hereshopin - hope at play indeed. What Yuri says is reasonable and fair. Just because you don't like it and it hurts your feelings doesn't make it *******s.
There is risk here. It's very very real now.
It's all in the fun of it. If you don't like risk invest in the S and P
This year? Slim I am afraid. Longer term... Maybe.
I think its set for members to only see future messages when joining.
Just hope it doesn't hit the cashflow too hard if lots of people take them up.
Not sure how legit it is or how much me old mate Sarah is giving out questionable advice.