RE: bleak outlook - SHORT !9 Jan 2021 11:14
DaddyAim...it is obvious to you that IME currently operate in declining markets, that will not recover quickly. I concur
It must surely be obvious to you that Akers is a serial multi-bagger..quite a high hit rate. If you do your research you can find quite easily that Mr Graeme Dickson took a 4.00% position. He has never TR-1d before...and he has had many opportunities to do so in the past. If you do a bit more research you will also find that Horrocks and Akers have quite a few shared business interests (DEV..an Akers Multi-bagger for instance)
So they could all be thick and decided to invest in a loss making company, in declining markets, with no immediate sign of improvement, that will definitely need to raise funds....in which case you would be right to think about shorting it.
Alternatively they might have a plan to make money. I am not privy to their plans. I have a hunch but that is just founded on twitter gossip so not worth repeating. The last company to get a contract in that space 10-bagged overnight though so I do hope it is correct lol
But I know they arent thick, and have a plan to make money out of IME...so I have backed them by buying a lot of shares (for me)..and am now waiting to see the plan
But you have shorted IME, and therefore betting on them being thick and not seeing what you so obviously see...
Thank you for the civil discourse...I really do think you should close any shorts. These people are not thick...I am not suggesting you buy shares though...just watch and learn there are other ways to invest other than fundamental analysis.
Best regards
John
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