RE: Hemo chat4 Sep 2020 11:35
Toine, it works for a while until it does not work. Right now its like a Ponzi scheme, the profits of on PI are built on the investment of another PI and the money shifts around. Because of all the trading your seeing the same money shifting hands but largely in the same pool of hands, the result is AT THE MOMENT people have to lose for others to gain, all the while the Market Makers and brokers take their slice every time.
Some shares will go on like this for ever, just a traders play ground or like a game of poker, passing your chips until you either are out or walk away with everyone elses chips. But I think we all realise at some point Hemo will just go, it will have something that the big Pharma want very very badly and the SP wont just bag or 2, it will blow all expectations away. When that happens you wont get a quote for shares, if you have sold you will struggle to get back in and if you are desperate enough you will be willing to pay wayyy over the ask just to get back in and basically throw away any gain from playing in the interm.
If the potential upside was not so huge I would agree and would play the game myself, but at some point in the hopefully not too distant future we will explode. If you want to play the game, work away, it is a gamble, if people want to dump all their shares after the next RNS? Absolutly feel free, if the next RNS is the CDX contract you will find a whole different class of investor will want to buy in and the more shares available to shift from PI hands to II hands the better IMO.