If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
"I am invested in Avacta"
and yet:
"Itโs not going up and has gone down because there is no market appetite for it. Too risky, nothing really proven and lots of false promises . Maybe things will change"
why would you invest in a company that you believe makes false promises? Just to give you an idea, I don't for a second believe that the results that Avacta publish are lies. I know that bringing a drug to market is complex as are understanding the pharmacokinetics of the drug, and so this will take time and resource, and so I give them the leeway to find a path through this. Everything they have stated about the route they are taking rings true. No silver bullets here, this trial is about improving the safety of an existing drug.
You are therefore a fraud with your contradicting statements about avacta.
Yes, but the difference is that I'm here because I believe that avacta are on to something, and so I'm 100% behind them. I'm not lurking around other bb's I'm not invested in, trying to talk them down. I hope you understand the difference and why your account and claims look so ridiculous.
I don't think it's necessarily right to categorise buying down here as being greedy, and I'm not proposing going all in. As part of your financial management, you might want an exposure of x shares in a company, then it can make sense to buy additional shares down here, where it represents lower risk, and de-risk higher by shedding a few to get back to around x. This will leave you better off. Has to be a balance between fear and greed.