RE: Horse, you think i sit on here waiting to post on NAPS?15 Dec 2021 09:23
"Hats off to londondan for making the point more succinctly [...] At least he has a dignity in his losses (if he is, indeed, holding this... mess)."
Thanks. No, I dumped every last share I held in this dog on the day of the half-year results. I said throughout the year that this had a decent chance of success if they could hit the Q4 release date for the app, on time and on budget. If they'd have focused on getting the basics right and getting revenue coming in, it could have been worth way more than the c.1.8p it was trading at, at the time.
As soon as they snuck the delay announcement out in the results, I knew they'd blown it and I sold the lot. It always hurts to take a bit of a loss, but you'd need at least a six-bagger to get this back to the level I sold at now, so it was the right decision. I felt certain it was only headed one way, but even I didn't see it happening just two months later. I had hoped to stick around and trade it a bit once it fell under a penny, but even traders are giving this a wide berth now that the writing is so clearly on the wall.