Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Its struggling to move anywhere today so so much for all those commentators saying FOMO is kicking in - think its wiser just to say nothing and give the illusion you are smart than type stuff here and expose yourself!
Said in a previous post would be nice to have as expected results tomorrow and it keep on slowly increasing back to previous high
Simply Wall St and Yahoo News...just a couple of positive clippings about Boohoo last 24hrs...although they look to be carbon copies of each other detail wise....I wonder if someone out there is playing the pushing of good news stories across multiple outlets to drown out the negative stuff? Wouldn't put it past a few owners to do that kind of thing....
The question here for me now is are you an ethical investor or a greedy b@stard - you can't be both and invested here...
I read the RNS this morning with elation and a big smile as the price hit 392 but reading the "quoted" comments of key people investigating this, its a bit of a $hit show in my opinion
I've worked in outsource a long term before starting my own business and the toxic profit driven environment at the expense of everything else is nothing new to me and pretty awful - my concerns with the key people in Boohoo founders and leaders has always been there....but I'm up a load here and if the latter investors outweigh the former this is only going to make me more
Its a moral conundrum now for me...do I want to be invested here....believe me its a tough decision
Any username - if it comes back as you say as 'yep caught them red handed and we have axed them' then that is not the underlying concern - what will crucify boo is 'yep you've caught them red-handed but there is evidence you were fully aware of this and have ignored it/allowed it etc
Thats the real risk
If results are good but the scandal deepens don't expect good results to hold the price up
Ignoring the stupid repeat posts (often in CAPS on this board or others out there) of people trying to scare or enthuse others on this small commentary board to sell or buy shares, what also gets my back up is others who give the impression they somehow know the owners or the board members as close friends or associates stating things like "the board are doing X Y or Z, or doing all they can or or blah blah blah - the only thing they will be doing are things to ensure the profits keep rolling in and they personally are making money - they won't give two hoots about Jonny PI who may have 3k, 5k, 15k held in non-voting shares through an online intermediary
Other than those who hold long or have advance tools in place to time day trading or brave/foolish enough to work on spread betting and such the only people making money here are the MMs and without a doubt the owners.
I'm invested in these but can't say I'm overly positive towards those involved in the business - I'm here purely to make money like I hope everyone else is but don't go giving me the impression you've got any really awareness of what the owners and the board are doing.
If nothing else you could have a quick look back at the SP rise pattern from April, large upticks followed by plateau and gradual reduction before the next large uptick, its repeated itself 3 or 4 times.
Ive seen shares rocket only to come crashing down almost immediately.
Not worried in the slightest.
M&S look set to become a penny stock then..... the world is going to look considerably different as we continue through and out of the virus era!
I'm keen for Boohoo to continue to do well and wonder if it will pick up any old M&S supporters?
On the concerning side another 7000 people who will now be less likely to be spending much over coming months in general - recession firmly set in and will be for some time - spending power down impacts all businesses so have cautious outlook on Boohoo as well as others as we progress
Watching closely