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Sorry to be spamming up the place with my posts and I have no idea to which post LS is referring.
But as far as I'm concerned LS is solid, doesn't ramp and posts factual verifiable genuine information and is a credit to this board.
For what my opinion is worth at least
Haha, i don't think many would agree with you on the balanced bit! But i post from my perspective which is that of a normal PI, who has invested quite a lot of my total savings into here. So i am naturally positively slanted, but I'm not above getting frustrated with the investment and occasionally being a bit petulant with certain people. That's mainly on me though to be fair.
I have to say we do get waves of negative people, they come and go, but I do truly believe that MOST negative people here don't actually have good counter arguments when they are challenged.
I hope he doesn't mind me saying this, but (for example) Libero is one of our most positive people here, which exposes him to criticism from certain posters. But, in my mind, he has kept spirits up when the sp has been down and in so doing has provided a great service to us. Its easy to start to think that the business is doing as well as the SP, its natural to think there must be something in an sp drop, but that's very often not the case and its very nice to have people supporting each other, reminding us of the fundamentals etc.
Do I trust everything he posts? no not really, but I don't for one second think he posts anything i would consider as 'blatant ramping' and given that no one should really trust anyone totally, without that aforementioned verification of sources of information etc. I don't see any downside to it,
Just remain grounded, do your research and enjoy exchanging information, good or bad, with your fellow investors.
And don't get me wrong, I agree with some of what you say.
We have had a few high profile prolific posters here who have ramped, told people its a great time to buy, all while selling down then vanishing.
But we have also had derampers (far more of them) who rubbish the company (usually with much less effort as its mainly generic guff they spout), who also disappear as soon as the sp rises.
The only safe thing to do, is take information that is verifiable and treat everything else as unconfirmed.
http://******************/rampchecker/rampchecktopramper.php
just for fun, CoffeeCups is listed as 36 in the LEADERBOARD - TOP 100 ALL TIME RAMPERS. GKB is 75!
got to admit it made me chuckle
Interestingly Richken is still listed as the 2nd biggest ramper on bmn, that didnt age well, but given that hes still 2nd, shows how much he was ramping (while selling)
I see you slanted your post squarely against the rampers and only made passing reference to derampers.
Its human nature and natural to be positive about your own investment.
Its suspicious when people come and insult a company they don't have any investment in. They aren't out to help us.
I agree that one must dyor, but come on, nothing wrong with being positive about the company you are invested in.
If you want to see REAL ramping, head on over to one of the many boards such as FAR etc and see what a REAL ramper posts.
PR;
I get what you are saying, but in this case discounting an MM based conspiracy to favour a BMN fundamentals conspiracy is a bit off too.
The market doesn't know more than 'we*' know about the business in fact id suggest it knows far less, like Bassguy (and most people) say/s, the market doesn't 'get' us.
So no i dont see the BMN tomato's dying (the company imo is going from strength to strength), just the salesman responsible for selling them is a bit slacking ;)
Does seem a very murky industry, I've said before i have no idea why we shouldn't see all trades instantly with no delay, when i started this i naively thought that more buys than sells = a rise.
I mean its not in our interests for all this info to be hidden from the average punter, yet they have abilities to obfuscate the trades, delay reporting and shifting advertised prices around while bearing little correlation to the actual price and UTs which can easily be used to weaponise the SP. e.g EUA had an UT the other day of around 29.5ish, but the bid and ask were around 27. so the next day, boom, instant 6% drop on the open.
They have a large toolkit to screw us thats for sure
Indeed. It is a liberty.
But nothing stops us from playing their game and buying cheap. I know I have far more shares than I would have if we had gone to 30p and stayed there.
Like Mark said. Holding can be the hardest part during drops. But in the end. I'm sure it will be worth it. Jmo
Caveat with this is that it does eventually have to rise. Heh