Member Info for lordloadsoflolly

Mildchild - your lofty morals simply don’t chime with the vast majority of positive customer reviews.

Trustpilot almost certainly isn’t perfect, but I’d suggest most consumers find it extremely useful. Albeit by possibly reading between the lines & discounting some of the more extreme posts (both positive & negative).

Oh and don’t worry. No great risk of us ever going for a pint together. I prefer socialising with people who are vaguely interesting, successful & open-minded.

Walp - it doesn’t sound like you ARE really disagreeing with me. And even if you were, you’d be perfectly entitled to do so!

Whilst funds do offer a degree of diversification, SMT is VERY geographically concentrated & fairly sector-constrained. Most professional financial advisers recommend a mix of shares, bonds & rainy day savings in any portfolio.

Personally I’ve never bothered with bonds. But I do think - whatever your age, wealth & investment timeframe - putting everything into a single fund is unwise. And personally, I’d still find it very concerning as a strategy. Better than bunging it all on black. But still highly risky.

But others are, of course, always welcome to disagree. Or simply to ignore my posts altogether!

Basterman - Sorry to disappoint, but I'm actually quite optimistic about BELL's future.

Problem is, TEK's share in it has dwindled to around 11%. So even if BELL were to double in value, TEK would only rise 11%, assuming its other holdings stayed the same.

As things stand though, if I wanted a stake in BELL, I'd be tempted to watch any arbitrage potential that might arise via TMT Acquisition. I certainly wouldn't use TEK to buy in, with all the other low value baggage it carries.

Ubik_Fresh - makes perfect sense!

Tambo210 - key point is you say it's ONE of your wife's ISAs that's 100% invested in SMT. So presumably she has other holdings in other wrappers elsewhere. If not, I'd be very concerned if I were you!

Oscar22 - thanks for your reply. And for your interpretation of the sharing agreement.

I still think it shows constructive bias to assess IMM's historical performance as anything other than a slow mo car crash.

Sure, they may have learnt lessons from it. Just as a boy racer might slow down a bit after a near fatal collision. But that doesn't suddenly mean their past driving was up to much.

TopCatz - who’s the real turkey?

You with your masochistic repeat Tek buys -currently firmly in the red?

Or me with my SMT & H&T holdings? Both admittedly off their peaks (significantly in SMT’s case). But still well into profit.

Have a good life TopCatz. Like your namesake, I fear - without a radical change in investment strategy - you’ll soon be sleeping down a dark alley, crouched in a smelly dustbin.

No need to reply, as I won’t be wasting any more time on you. I shall take great pleasure in consigning you to the same dustbin of history as baf3. Filtered.

TopCatz - difference is, I SOLD a small portion of my SMT holding for a HIGHER price than I bought back in at. And even at today’s depressed levels, SMT is still MORE THAN DOUBLE my average buy price.

You, however, called the “flash crash” bottom with TEK at 25p-26p. Since when (& we’re only talking 14 months ago), it has LOST a stonking TWO THIRDS of your cunning “flash crash” price tip’s value.

Yes, we all make mistakes & rarely get the timing spot on. But yours was a total dodo that would even give any self-respecting turkey a bad name.

TopCatz - let me explain to you in words of one syllable.

So, an investor takes your advice of August last year and shells out 25p for each Tek share.

They then watch as the value sinks to 9p (with no immediate sign of it changing direction).

However, say - following Microsalt's IPO - Tek's share price does rally somewhat. In fact, let's be REALLY optimistic & say it doubles from 9p to 18p.

Sure, they'd be better off then than now. But they'd STILL be nursing a LOSS of 7p per share.

I tend to view investiing as something you do to MAKE money. Clearly you prefer to LOSE it.

TopCatz - you may regard it as childish.

I regard it as ESSENTIAL to warn potential new investors of your track record. Why is it childish to highlight the fact that on 16th August 2022 you posted on here - and I quote word for word:

"I'm still predicting 40p inbound shortly, with lots of news once the LUCYD float is concluded. 28p should be a floor with 25/26p as a flash crash sale."

It's childish to gloss over the fact you got it so spectacularly wrong & simply haven't a clue.

Oh and Topcatz - I really wouldn't accuse me of not reading things well when you called Tek's bottom at 25p-26p little more than a year ago.

I did TopCatz.

Starting a sustained uptrend won't be hugely useful to most existing investors, especially if Tek falls even further beforehand. As is the current direction of travel still.

Ubik_Fresh - interesting comment that about using a "fixed monthly buy in to take the emotion out of trying to time the market".

I totally hear what you're saying. But I think any "fixed monthly buy in" should at the very least be regularly reviewed to ensure it still makes sense in light of current market sentiment.

Sometimes gut feeling is your best friend. It told me to steer clear of adding - indeed to reduce - when SMT breached £15 so soon after being stuck for years between £4 & £6 for example. Though with the benefit of hindsight, I did then add again too soon (at around £13), to replace the units I'd sold above £15.

I'd be the first to agree no-one ever gets their timing spot on. But it can be WAY off if you simply let a monthly buy instruction run, without frequent review.

Oscar22 - all credit for questioning lambo's dubious assertions & their dodgy motives.

But you let the side down by adding "I hold unwavering confidence in ImmuPharma's strategy, which is not just based on their historical performance".

What do you mean "not JUST based on their historical performance"? Their historical performance has been catastrophic, culminating, to date, in a failed P3 trial.

Sure, that doesn't necessarily mean their future will be equally dire. But to hold out IMM's past performance as something to aspire to is a bit like saying Liz Truss was hugely admired & respected by the financial markets.

WHAT sustained uptrend?

Glad you took my advice on board then.

Lambo222 - oh dear. You've got me REALLY worried!

But then I suddenly woke up & remembered it was you.

Puma33 - agreed. His interviews have typically been like Investing in TEK for Dummies sessions.

He waffles on endlessly about each holding & their exciting potential, telling existing investors precisely nothing new & redacting any awkward questions at the Q&A.

Wildbunch - you say "I am concerned-and raised this issue and the failure of all directors bar one to purchase shares at 2p recently."

So what was their response?

MrAmericano - I’ve suggested many times that everyone’s circumstances & risk profile will be different. So there’s no definitive one size fits all mantra.

However, 30% is a lot to invest in any one asset IMHO, whatever your level of conviction.

It’s your call entirely of course, but conventional wisdom would suggest around the 10-15% mark max. By their very nature, funds already diversify to an extent by holding a range of different companies. But some (notably SMT) are highly geographically/sector concentrated nonetheless.

Good luck!

Bye bye baf3 - filtered.

I’ve wasted quite enough time on you already, without expanding onto a second board.

Good luck with your morally “righteous” - but so far financially disastrous - investment strategy.