re My Thoughts25 Nov 2016 12:16
I bought in the open market and traded a couple of times, sold out recently at a small loss but overall small profit from trades. I bought on the hype more than anything else and like many thought it might do an EVRH, although I am not that naive to think one share follows the pattern of another, there are many reasons on AIM why a share might go up, momentum, charts,volume or whatever. What is very clear is that placing shares (bucket shop) have over time provided a nice profit for those involved, and don't forget the warrants, it became a little too easy to turn a profit, double bubble sometimes, as with EVRH, the market has cottoned on as it always does, it is now time for reflection!!. The placing was made as someone previously wrote was at 1.1p, that is what the broker valued it at...the market is now valuing it at around the same price, the product is pretty ordinary, not forgetting that it was developed sometime back and was delayed coming to market (check that out). Nigel Wray being on board is always an attraction but as was mentioned on SP (TW) he does not always choose winners and his hold time can run into years. The PR campaign somesay is yet to happen, well that is a bit poor seeing xmas is almost here, there are negatives to this product that need to be considered when looking at it for an investment, there were problems with order times with amazon recently. The proof of the pudding will be in the eating and most importantly sales figures will need to be good, yolo does have other investments which should also be considered. The jury is out on this one!!, I am not convinced it will be a raving success. . DYOR