The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yes I agree. Well done on your trades as well.
Yeah, a bet is a bet so it should be paid.
Yes, I did give you grief for that which at the time wasn't warranted in my opinion, however, with the market downturn it became a reasonable target.
Have a good day, Chaebol.
I think you might be using "hypocritical" wrongfully, Chaebol. I was positive all the miners miners I held, including Mara, until the economic state of the equity market became an issue in my opinion and I felt it better to switch positions from long to short. Isn't that what traders do? Buy low, sell high? I'm not gonna hold any stock that I think will deteriorate. Which is why I posted my thoughts last year for everyone before I acted on them so I hardly acted hypocritically.
Rather ironically I actually support the fact that Duke should pay you what he owes for the bet.
Do you want a sticker for excellence, Chaebol? You also went heavy in on Mara at $37.5 wasn't it? Not such a good idea.. but I won't ridicule you as we all make mistakes.
I posted my plan before the downturn and acted accordingly. I really don't care whether you believe it or not. I'm not bullish on any miner or most growth stocks at the present as I think there is more downside coming so you can hardly call me a ramper.
Have a good day and hope everyone hits their targets.
I'm sorry but are you ok, Chaebol?
I went short when you went long with Mara and in hindsight I think I made the better judgement call. And I posted that I was going short before the downturn. I also missed the total bottom so no one is perfect.
Celebrating the downturn in Argo SP when the miners had a large downturn over the last few months, including the ones you are invested in, due to the drop in BTC and equity market is a little petty.
Umm, do you think all women who post here are the same person, Chaebol?
I'm not invested here but I check in every now and then. I made it very clear last year that I switched all my BTC miner positions from long to short because of the economic downturn which I thought was coming as you can see in my post history. Turns out it was a good decision. I took profit on my shorts when BTC hit 35k. Missed the bottom at 33k but closed out on a very nice profit and then went long with Riot at $13 and Bitfarms at $3 as the R/R seemed appropriate and closed them yesterday as I think there will be a lower low for BTC around March.
The problem again though is which investor or investors would put in the sizeable sum needed when the company is basically on the verge of bankruptcy? They won't be able to raise sizeable funds with loans notes either for the same reason. No one would sign off on that. Not after the large fall in company value and the current economic situation in the financial world. They have one shot at raising funds and that is though an equity raise, IMO.
Try getting any loans or financing when your company has just dropped 95% in value. The only way they can raise the funds needed is through a raise.
So exactly as I said. Current funds are solely for salaries and not to undertake new operations as they cannot afford it. If new ventures are located then funding would need to be raised and with the current Mcap and assets they would struggle, to put it lightly, in raising any significant amount through loans so most would needed to be through a fundraise which would limit any future rise in the SP and be a rather large share dilution in this price range.
So discussing the actually financial issues that this company has rather than shouting "boom!" means I'm trying to get a better entry? If you think anything a person says on a forum affects the SP then you must be new to investing. I notice you haven't addressed the issues I have raised so I assume that you don't dispute them. After looking further into this company I won't be investing do to the unanswered financial questions but good luck with your investment.
"By concentrating on non-operated cash-generative assets and capitalising on the current deal pipeline, the Company aims to lever the time and cost expended in assessing potential new ventures over the last year built on the Board's extensive industry relationships. Ranging from Europe, Africa and the Far East, the opportunities the Company is assessing are suitable for debt or vendor financing, and the Company is currently -funded to mature these options."
You need to look closer at what "funded for the calender year" means.
They are not funded to undertake any new operations. They are dramatically cutting costs and removing staff to use any remaining funds to "assess potential ventues" which would "require financing".
In other words they only "funded" to pay for their salaries.
"Looking ahead, Advance Energy remains funded for the immediate near-term"
Keywords there are "near-term". Doesn't sound like they are "fully funded" at all. Rather that they are in dire need of a raise very soon which is also why they are doing all to cut costs. They don't have the money to progress further without a raise of funds. Also explains why II's and the directors have not been buying at these prices.
I see this isn't the place for grown up debate.
No, I'm merely pointing out that:
1. The message is over 2 weeks old without any RNS regarding EA so it can't be in place.
2. The message also mentions Ubisoft so it seems that there is no connection to Bidstack.
Again, no one cares what anyone writes on these boards. If you do then you probably shouldn't be investing.
I'm not in Argo and haven't been for a while if you read my post history.
You're making up evidence out if thin air and you're giving me grief? Dear lord..
It's Danish. And it also mentions Ubisoft so I don't see how it is evidence?
I made one comment officemanager. That's hardly harping on and I'm not here to spoil anything as no one cares what is written on this board. You seem a bit touchy.