The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Thanks Gary,
Don’t quite understand these.
On here, it’s down as a sell (I think).
But it’s down as a U/T.
Been having a laugh with my mate.
I keep saying it’s bottomed (6th time at least) and he keeps saying we will see.
Won’t be buying more as fundamentally I don’t think it is right.
As JT as mentioned, if you are going to ramp up buying, I would be looking 30-45 days down the line.
I hope tomorrow it does go up, like all I don’t want to lose anymore and there are people in far higher than me.
Have we reached the bottom?
So 13 weeks?
We have done 3?
https://www.scotsman.com/business/green-shoots-aston-martin-despite-sales-and-profits-hitting-reverse-2851369
I quite like Adam’s comments, discussing about share holders (only small paragraph).
Headline reads crap, detail reads hope.
What gives me more than hope is another day of getting hammered v more buys than sells.
Now I have seen some big sells after hours, they still don’t exceed the buys.
You wouldn’t buy if you thought this could get any worse (impulse lol).
Despite the press and brokers, people are still buying.
Either everyone is daft or some are very smart lol.
It’s a shame, because it is just whispers in your ear.
I am an impulsive character, no good for shares lol. However as said there are still some good people on this board who try to help.
There are others who just work the angle.
Typically, we love to kick people when down lol.
Skier (could be a number of different people).
If no one buys, no one sells.
Yet if someone is asking you to think about selling, surly that must be because they are looking to buy.
Flight or flight moment, for now it looks right so they can push a little harder.
What happens when it hits zero, do you say I told you so or are you already onto a different share sticking the knife in a little bit more.
Love the banter and drama you bring.
Did any of you read the messages on the other board.
They was all massively slating then at about 9.30pm they talked about buying.
I am sure they haven’t got bipolar, so what was that all about?
That’s fair enough, maybe that is why he is still there today.
The share price still remains to get hammered. Radical change works good or bad.
Regardless it’s disappointing for all, and the press on this is horrendous, even though when you read it, it’s actually quite positive.
It’s never what you know.
When panic sets in, it becomes flight or flight lol.
Talk of taking it private when asking shareholders for more money would be a big kick in the groin area.
Again only my view, not fact, but I wouldn’t want to go through any of that again after 5 minutes of being on the board.
Let’s hope to head north for the close, all who have invested here need a feel good boost.
Thanks JT,
The idea they need to be swallowed up and chewed out a few times over makes sense.
As you have mentioned from another board, it takes a few days to wash out. We are still in that time frame. Coupled with the report today and the bad press.
Been a tough few weeks and everyday is a learning day.
Hi PATTSV,
I am no expert, my point was rich people tend to surround themselves with experts in that field.
Maybe I gave a bad example. Normally it’s not the figure head that runs the company but the good people around them.
My point is that Stroll has got very rich and made some excellent decisions. I imagine that he would have had a team to help him.
Aston Martin so far has been a disaster from the beginning. Would it be better to keep your current team with the plan only heading south, or bring in fresh blood to stop the rot?
Without good figures being produced and profit miles down the line, what else could help?
Just an idea lol
How long had AP been there for?
Has he been there since the initial float?
For me, it looks like in order to turn this ship around, I would be looking to remove most of the board and replace with my own people.
Anybody that comes in with a track record from a profitable business would only boost the bad press.
Phase 2 of Strolls plan must be to put his own people in, you don’t get rich by surrounding yourself goons. Look how well Donald Trump has done at he is an utter clown.
I am £6k down, however I am only down if I sell, yes it will probably get worse. However we are closer to the bottom than top.
That I believe was the worse over. Remember buys are still coming in. If we was sinking titanic style, that would mean no buys, all sells.
All this negativity yet lots of buys.
Why would people buy when it’s looking bad?
Mind games
Thanks JT
What’s your view and gut feeling on this?
No, as mentioned before there is a poster who just posts facts for the day.
In one post it was mentioned that the shares take a number of days to circulate. We are still in that cycle (I believe).
It’s hard to watch (of course) and you have to trust why you went in the first place.
Today, looks very likely a red day. Covid 19 making it worse.
This is now a recovery share for long term. It’s up to you if you hold/sell or buy more.
Yes, it could get much worse, it could also get much better.
Yes, it hurts lol.
Finically it’s all over the web, negative statement.
If you read it, it’s not all bad.
I am already at a loss, still going to hold. It’s my fault if it doesn’t work out.
TW invested heavy at 55p, that’s 20p off every share (over 36% loss).
Big gamble if you don’t know what you are doing lol.
There are good and bad points.
Clearly they have aired on the side of caution and haven’t released what that order book looks like.
The bottom paragraph doesn’t read well, due to we are in a world pandemic.
The question you would have to ask yourself, would you now invest (if you haven’t) after reading the statement, or wait till 2021 results.
As I have already invested I am still willing to hold lol.
GLA