The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I would agree with you in the past although some of those of the list haven't gone up in a straight line and aren't at those levels now. The rotters list has expanded too. The problem was IMO that he started to believe that all he needed to do was buy a share and it would rocket and to an extent it was happening. My suspicion is that he might have been selling at least a portion into those self created sp rises. One of his friends in a twitter spat certainly suggested that while others were buying unnamed shares and those closest would be selling them on that rise. Some of the stuff he was buying of late was utter trash and they were clearly bottom fishing for the dead cat bounce. People blindly followed assuming it was a buy and hold and got burn't. I'm glad he's reining it in it shows (hopefully) a conscience. I could list the utter horrors but you know which ones they were. I'm always more impressed if it's been done with something in the FTSE100 as the more illiquid shares can easily be moved and manipulated with a few well placed trades. Always worth remembering as with all these things is that there are the inner circle and the outer circle and the outer circle are there primarily to keep the inner one turning. Who knows what anyone really holds? I totally agree you can pick up some good ideas but money corrupts most and if you get enough people on your coat tails who wouldn't be tempted. There aren't that many saints buying and selling shares. Anyway I'm happy for this one to go up but thought this am that forced hyped momentum merely spikes folk. Either way it's not gone mental but maybe some stale holders needed to exit first. GL
Think of all the non invested who will be out of a job. I remember when II tried to clean up all the multi id dormant etc accounts it was interesting to see who disappeared. The main purpose of these accounts were to post multiple times to disrupt any cohesive discussion usually assigned a single share to work upon for the duration.
If you google just the basic list it's humongous - then you factor in developing countries. Try telling them to rein back their aspirations .
I'm not saying we shouldn't try and look after the world just that most of what is being spouted simply isn't going to be achievable in anywhere near the timescales quoted but hey it makes good press
It's not just about what goes in the car it's all the other parts of it that are made from.......yep you've guessed it. And that's before you look around at all the other household and industrial items
With hindsight I'd have been smarter to have traded my meagre holding years back I'm just feeling deja vue ref, the sp currently. However, I do think this is potentially a very good deal and I hope we get a proper sustained re rate as things progress as opposed to some just interested in making a quick buck and never to be seen or heard from again. I understand why they do it and in many of my shares history tells me I should have done the same but I don't want to be utilised in their process. I shall be keeping a closer eye on this moving forward .
I would like to think that he's learn't hopefully that as with some of his more risky plays that a lot of his "followers" got badly burn't . It then becomes a play about the ramp and whilst others are buying as one of his good friends tweeting they would be selling. No one knows what shares anyone still holds. Smoke and mirrors. He's seen an opportunity based on someone else's holding and jumped on board. Not to say it wasn't a good decision on his part but if it becomes all about the ramp then you can end up with a highly unstable investor base and it just becomes a trading
That's the thing I'm most intrigued by the radio silence there atm. I shall look forward to reading CRS's results which are not too far away now. RB can be pretty vocal I can't believe that he hasn't been on the phone to HUR HQ but like the other II's we've seen no notification of any changes
By the sounds of things it'll be a long one then!!!!
It's what they do to to "play that blinder" that I find offensive. Still no one in a position to do so has the appetite to curb their behaviour or make the average HF play by the rules. It's no accident that HF's are some of the largest if not the largest political party contribute rs. Successive governments have known not to bite the hand that feeds it
Daltry I've tried but short of getting the whip out...................................hmm maybe not don't want to cause too much excitement!
I think the FTSE 100 has been equally mental of late. It's a dirty old game.
Pacco
it's been a tough few weeks and unfortunately for you there has been a number of new posters who all arrive in a similar vein. It's kind of been revolting as JAdam put it to watch some of these in operation on boards like this and twitter. You can see them now all suddenly reversing their opinions as they have miraculously become shareholders having sworn a couple of hours ago that you couldn't give them a HUR share free and have them accept it . As night follows day they will perform a volte face and then it all happens again. Roll on CMD and lets hear the updated info from the horse's mouth and hopefully put the questions firmly to bed. If it all turns out to be misinformation and outright lies then hopefully Karma will do a job on them. This was a great and informative BB and hopefully can be again once the inevitable rubber neckers and carrion have moved on. To anyone genuine getting in now I truly hope you do well. I thought I knew where I was with HUR and now I'm scratching my head. I haven't seen an exodus of their current II's and part of my thinking is that they employ analysts far more informed than me. If I start to see that then I have to think again. GL with whatever you decide to do. I can't offer you any opinion and nor should I as currently I'm mystified, you need to be comfortable with it yourself.
TBH It's that one I would dearly like to see get his just deserts.
Just the small question of whether anything can justify lying to a man with a terminal illness when you know that's his situation.
So much for the solidarity of fellow "master mariners".
IMO the option of saying "I can't answer that" was available so why do it unless the years of being around those that think it's OK becomes contagious.
I still wonder quite how it was that the liquidator signed it all off in quite the way he did.
https://seekingalpha.com/article/4321978-natural-gas-capital-retreat-to-send-prices-50-higher
https://seekingalpha.com/article/4321978-natural-gas-capital-retreat-to-send-prices-50-higher
If there is a cycle and you buy near the bottom then maybe good things come to those who wait. I don't profess to know when it will turn but it happens, The current fad for the P&D is all very well and chasing utter trash for a dead cat bounce but at some point you are going to get burn't. I'm happy enough scaling in and expecting to be thereabouts in the fullness of time,
Still no TR-1's so no one we know of to account for them
I wondered whether the comment on the last RNS that alluded to giving something back to shareholders was anything to do with his last comments on CRS's monthly report. I could be that as an activist he has been having meetings in which case in order to do so he might have had to accept being made "inside".
Yes I'm surprised by that too - he's an activist investor and can't be happy with this sp. They report quite soon so it's going to be interesting to read
I'm guessing it couldn't be Kerrogen as they have 2 directors on the board but just wondering about the others.