RE: Don't get schooled son!19 Jan 2021 01:06
There are some very pointless arguments on here, the comment about waiting for 10p before investing.... Well if ever a stupid comment...
IF this company does as well as expect it could stop at 10p or it could re-rate right past it, to actually wait for the right time to invest AFTER results but BEFORE the SP rockets too much means investing alot of time watching and monitoring the share. If your intent was to invest say 10k at 10p getting yourself say 100k shares then you could just buy 100k shares now for £500 quid and not bother looking at this share for a few months.
Lets also be realistic, I love the idea, I think its something for the future, its genius, hell it something that already happens to a certain extent, people buy paintings as an investment but lend them to museums as a way to store/protect without the expense of having to store them at home, not exactly the same but the principal of having a store of value without physically holding that store has been around for a while. This model is a new idea and as such syme get a first mover advantage, but if it works be under no illusions some will try and copy and some will try and take over. I do believe when SYME start to lend the company and SP will explode, but once they prove it works there will be imitators, get in now and benefit from the first mover advantage.
Anyway, bed time, night all! Forget about playing this as a trading stock, when SH in place and loans start getting signed then the sp will bag, bag and bag again, and it could be any day, why people mess about trading for 5-10%s I will never understand, for everyone that ends up on top 1.2 will lose out, only the MMs win every time! Buy and hold simple as that.