Game 1 - Guess the date of the next major RNS:-17 Jun 2021 08:01
Good morning all
The New Breed of Insects from the collective Boiler Room has shown their true colours!
Because the positive shareholders say this is a good investment, they, the insects, turn to attack when the share price goes against the grain!
They do not look at WHAT the company is trying to do, or what it has achieved so far!
They JUST see and use the fact that the 'spike' in the share price from December the 2nd 2020 to 42p has fallen back to 20.5p!
Totally ignoring why it spiked to 42p in the first place!
I'll tell you why, on November 20th the share price was around 28p with a total number of share trades around 5,500,000,
By the 2nd of December 2020, the number of share trades grew to 47,000,000 and due to that, the share price went up to 42p!
On nothing more than investor sentiment that things were moving along nicely within the company!
Because the company received a fantastic offer from a creditable source for some of its assets and also a great Joint Venture the company is currently working on all facets to increase investors return, which also includeds themselves by the way!
Because some of the late to turn up investors inflated the share price during the 12 days between November 2nd and December the 2nd on the premise of a quick return, and now find out the company seems to be saying it is going the long route with the Joint Venture and fear that that quick return may not be forthcoming immediately, are now selling out and reducing the share price!
The longer-term investors are very happy, just the want it now brigades that are not!
Funny enough, this may even be a ruse by the company and still everything may be still up for sale, although the company say one thing, you have to read between the lines!
Whatever, NO way has the company reduced its intrinsic value, Only adding and increasing along the way!
Stock prices are like the steps on an escalator, they go up on the top, and down underneath, if you wish to TRADE this stock don't blame us if YOU got On and OFF the escalator at the WRONG time!
The real investors are here for the END lucrative result and are not here just to make a quick buck!
If YOU miss-timed your ENTRY and EXIT into this good stock, don't come on here and try to blame us, you are the fools, not us!
No one even if underwater has made a loss yet, only by selling your paper loss do you crystalise it into a real one!
Not many days till the AGM to go now, could be some major news flow soon!
Today's only entrant is - RailwayPete - 17/02/21
Good luck all
Off out for the Thursday breakfast meet up, back later, Cheers.