RE: Do we…8 Feb 2024 06:20
Loving all the continuing optimisum from the deluded one, who blabs on so much about the future here, but spends so long looking backwards into the dim and distant past for the basis of his current predictions. Far to emotionally attached to this 'investment', which is never a good way to make, let alone preserve your money.
So what if this rose after ipo then crashed afterwards then rose again?
That was all 8-10 YEARS ago and bears absolutely no relevence to todays BOO, nor indeed todays world. It really is about time a few learnt to let go of the past and view the reality.
I mean its hardly unusual for shares to rise then plunge then never recover, plenty of big names 'treading water' after losing their lofty sp valuations, examples, BT, LLOY, plenty more in the same club that BOO has joined, and plenty of them with a safer longer lasting product offering than cheap easily replaced fast fashion producers, where the 'next guy on the block' soon appears.
Worth "noting how quick the price can rise"?
Yep,, no doubt, if recent and not ten long years ago!
Lloy were over £5 a good few years back, now 41p.
Are they heading back north of a fiver?
Of course not, times have changed, competition has developed and the worlds different thesedays. Same with BT and multiple multiple others that im sure the more sensible folk could name for themselves..
Nowadays its far more benificial to realise understand, and for some, to actually accept, that the total opposite sp movement can be, and has been, realised, than to live in the distant past clinging desparately onto the same "growth" story from years that are well gone by and show no signs whatsoever of coming back.
New entrants at the lows of course are in a totally different boat.
Maybe "Big mike" the only real buyer here, is just looking to make a return from such a position then move on? Who knows, certainly nobody on here, despite all the varied guesses.
Dont be misled by the rampers trying to dig themselves out of their self created over confident hole.
I bet some clown told those over on Lloy and BT many many years ago that they just needed "patience" too.