sunsetsupper14 Sep 2020 11:04
I am always suspicious of Tom Winnifrith and his motives. At least we know who he is. With most posters on bulletin boards readers do not have a clue as to their identity. I may be wrong but I am deeply suspicious of sunsetsupper and his ID and motives for he only recently started posting on this thread at a time when about the same time as Tom Winnifrith launched his attack on Dev Clever.
I recall two stocks which shall remain nameless , the one in which I had held shares, sold but in which I remained interested as to the company's progress; the other a stock in which I was still invested. Tom Winnifrith was advising investors in both cases to in effect sell or avoid investing in each of those stocks. In the case of both companies, I am convinced, but could not prove it (but was certain on the balance of probabilities) that TW was posting using pseudonyms "downing" the companies.
In the first of the two companies I no longer held stock but there was a predator lurking and whilst TW was advising that the company's share price over valued the company, it was eventually acquired for a share price between 2 and 3 times the then price at which TW was telling readers was an over-value.
As all readers know, there are a number of ways in which one can invest in the stock market. The principal ways are to buy shares or short shares. It suits the buyer to buy at a low value and in due course sell. For the shorter it suits the shorter to sell then, either do the honourable thing and wait for the price to fall and close the short (buy back the shares which you have sold) or using a heinous motive and **** off the company, causing holders to panic and sell and then the shorter buys the stock back.
It is a matter for readers to work out whether any particular poster has an agenda but I always look when I notice a new poster and check for how long that the poster has posted. If the poster is downing the company and is new it immediately occurs to me that the poster is shorting the stock and I ask myself who might the poster really be.
Few of us know whether Chris Jeffries and his team will make a success of Dev Clever but I am encouraged by what poster London Tradersty has had to say about him; a balanced poster dealing with the pluses and minuses of CW. I also believe that certain of our large investors would not have invested so much without meeting the man and forming their own impression.
Just as readers should be wary of those who post "riches tomorrow" so should they be wary of those who "down" a company. In his recent attack TW villified the trading statement but I ask you did he refer to the new contract win?
We are all open to criticism including me. The above comments are derived from my opinion.
As ever DYOR.