Catch a falling knife30 Jun 2022 10:36
In process of responding before it was removed...but I'm posting it anyway....
In the words of Don Logan...No!....No!....No!......No!
Have you ever been in a slow queue in the Post Office, and then moved to another queue, only to find that the second one stalls and the original one moves quicker?
That's where we are with AB......Admittedly the salary is outrageous, but remember he's only the front end / mouthpiece for the company and to some extent is a passenger. It may well be that whatever (in hindsight) overly optimistic drivel he spouted in the past may have been done in good faith, and was based on information given to him by firstly his development team, and secondly his sales team. If it turns out that there are some turkeys in there, then they need to be weeded out, so that he can only be given reliable intel.
He is what we have, and all have to accept that, as much as some may want it, he isn't going anywhere, so take the pragmatic view and live with it, simply because the chaos that would ensue with a change of leadership would be catastrophic to the share price, because whatever residual confidence the market has would be severely eroded; for him to bow to shareholder pressure (and, dear folks, that's not us, as we count for absolutely nought in the overall scheme of things) would be a prime example of winning the battle but losing the war.
Unless the bloke is a bigger con man than anyone who McRampup has ever called a "con man trader" then I would personally take the view that he will have been chastened by the apparent inability to deliver on earlier promises, and would expect that time frames given recently are far more achievable.
Having said that, life is full of twists and turns, and stuff like that, and what people perceive as a two week hard deadline may be a little more fluid, so, for the sake of everyone's sanity, I would recommend that people don't micro manage their expectations on either share price or delivery, but take a step back and look at the company's performance on a holistic basis.
I appreciate that people are smarting about the paper loss, and for once I agree with "AIM £340,000 (ish)"......Investing in AIM is a gamble, as the whole thing is made up of a combination multi baggers and complete failures. Because of this, it is advisable to take the view that the amount invested in shares is effectively the ante to a bet, and as such should be written off at the point that the investment is made, with any subsequent return being "a bit of a result"......take this approach, and only invest what you CAN AFFORD TO LOSE AT THE TIME OF THE INVESTMENT and there's no stress. Also, remember that all of the twaddle posted on here is really no more than the pub chat of a bunch of blokes who take an interest in the nag that they have put a bet on, and no more than that, it's not professional bashers, or rampers, its just people with a common interest who sometimes have a difference of opinion...which is absolutely