RE: Blind investment26 Jun 2018 21:40
Twonko, please allow me to break down your post.
"Funny how as soon as anyone says anything negative or legitimately questions the SXX project"- You don't seem to have stated anything specific in why this might fail in your opinion, you basically seem to be saying "beware, this project might not work out as planned" no sugar sherlock, of course there is always the possibility that things don't work out as you think they will but I'm sure LTH's here have weighed up the risk vs reward and have invested accordingly.
"a bunch of diehard small investors come out of the woodwork with their uninformed diatribes" - It depends on your definition of 'small investors' I think you will find that quite a few of the 22,000 private investors in this company hold many more shares than you would think, as for 'uninformed diatribes' I think you will find that many members on this board are far from 'uninformed'.
"A few years ago I questioned the wisdom of people putting their pensions into LGO ( now Cerberus or some such). I was panned out of sight and called all the ctuns under the sun. I sold out at a profit but many didn’t and lost fortunes" -You sold at a profit (of course you did) so well done you but I'm sure anyone who has invested for any length of time can name company's that didn't work out as expected, the 'company fails and shareholders lose money' example doesn't mean anything as everything has to be judged who who is in charge of a particular company, what sector they are in, what is the business/product, market conditions at that time etc...
Your post seems to contradict itself somewhat, surely if you were that concerned then why would you risk even a modest amount of money, I look at quite a few other shares and consider investing but in the end I deem them too risky so therefore I put my money into something that I have complete confidence in instead.