Member Info for Ash68

I simply asked the question because it was not clear from your comment what your point was. Are you telling us about how strong the competition is or are you telling us what Cupid is currently investing in? Your comment could be read both ways. It would maybe help readers if you used the opinion button to select whether you are recommending the shares should be bought or sold. You assume too much by asking new readers like myself to know what your point is here if you give no opinion.

So what is your point???

I know a lot of people got burnt here but that is only because they eventually surrendered to the mind games the professional shorters played on private investors when they collectively chose to target this company earlier in the year for reasons that were never proved. This company is clearly not going to go bust any time soon and so I find it hard to show sympathy towards anyone who eventually sold their shares at a loss....you were merely helping the so called shorters make easy money. Cupid's share price will probably not recover over night although within 6 months, I am confident the share price will most certainly be a lot higher than where it is today and deservably so. Too many people follow the herd when it comes to buying shares and end up losing money when they buy at the top and then lose their bottle. I'll admit that it takes a brave sole to buy or hold shares when they are unpopular but the highest rewards come to those that are prepared to swim against the current and then wait. If you really want to make money here, keep the comments positive and have faith that the new CEO will deliver. If you already own shares in Cupid then I cannot think of any reason why you would want to post negative comments about a company you own shares in. If you don't own shares in Cupid, then I can't think of any reason why you would want to post any comments whatsoever unless of course, you are one of the shorters???

Hmmm, I think another RNS announcement updating shareholders on the new CEO's plans and a significant share purchase by the new CEO to prove he has faith in his own strategy will get this share price moving north again. Until then, the shorters will no doubt try to bleed some more out of the share price as they seem to be doing now. Let's not forget how much cash this company currently has to play with here...liquidity is not a problem for Cupid which many other AIM companies currently enjoying more success do not have the luxury of. Even the retiring CEO must have faith here since he bought shares earlier in the year at a much higher price to the current share price. If I was him, I would only be prepared to step aside as long as I had faith in the new CEO to return the share price to the value I bought them at.

I can already see a mixed reaction to this and understandably so. However, I think this is a very good move for Cupid. The RNS can be read in lots of different ways and we all know which way the boringly predictable shorters will choose to read it and sing about. However, being a half glass full type of character myself, I am choosing to read it as a positive....the RNS suggests to me the new CEO has already demonstrated his technical and commercial ability to lead this company out of a difficult patch in a fiercly competitive industry but his ideas to further grow the company have probably been held back until now.

Anyone have any thoughts on this morning's RNS announcement about a new CEO appointment at Cupid? Quite major news alhtough surprised to see no dicussion or very little reaction to this in the share price this morning. Could be seen as a positive thing to breath some life back in to this company.