RE: GREAT NEWS OVER THE WEEKEND.8 Mar 2021 16:43
Positive hat:
Bankruptcy has been staved off for now, they have bought themselves time, and the share price had risen to reflect that. Buyers at the old 30p had a 50/50 chance of losing everything.
Of course the SP prices in future developments, but not pipe dreams. Most people investing will want to see if they deliver on the rhetoric. That's a while off and imho, why the share price is static now. It's fairly valued.
Stroll can rebadge Chinese clothes/handbags to luxury-lusting idiots, but he needs to do a lot more work than spout nonsense in the FT, for the SP to rise. The whole market is well up today and AML flat.
SPs rely on facts, not promises (the SP only overshoots in the short term, it ALWAYS reverts to true value)
My advice is to read all the comments on every FT AML article and that Karenable site, they know WAY more than us.
Listen to people who know more than you and learn from them. By the time things go Pete Tong in a market, you'll have lost a lot of cash.
I say this from experience/learning the hard way. It's so difficult to separate emotion from investing, especially something like AML.
Just because I want AML to succeed doesn't mean they will. Confirmation bias is a be-atch.