Member Info for lordloadsoflolly

Fela96 - in your latest post you say: "One could make the opposite argument". Remind us of anyone?!

But as I've said before, if you take the starting point for ANY share at a time when it's underperformed, then extrapolate backwards, of course you're going to find it has done worse than most. Similarly, if you took late 2021 as your starting point for SMT when the share price exceeded £15, you'd find it had done really rather well.

It really is a flawed argument. And you've done it to death. Suggest you give it a rest now for the sake of everyone's sanity. Ta.

Lambo222 - oh no. Not another placing discount. And 50% this time, you say?

HOW UNFORTUNATE when you "just added some more - easy 50% from here" on 19th June, as the price stood at 3.47p. I guess you didn't say which direction the 50% would be. But I assumed you meant profit & re-mortgaged the house accordingly to boost my IMM holding. Now I'm perched under a railway arch, with nothing to my name save a dodgy share certificate that's about to lose another 50% you say. One day, I really must stop taking your advice.

Knees bent

Arms stretched

Ra, ra, ra

Well at least we're agreed on something!

Badsterman - presumably it's for Reebok inventory. Perhaps - as Reebok appear so keen to get in with Lucy - the deal should have been structured to at least share the initial working capital requirement with them.

Fela96 - no point just being sad about the stats. If you see a consistent long term trend you don't like - SELL. Or maybe you realise that today's "randomly selected" start price marks a low point in SMT's fortunes, thereby skewing the 1, 2, 5, 10 and 30 year comparatives? Either way, Nasdaq isn't the most relevant benchmark to use for SMT. Everyone tends to assume SMT is as tech-heavy as Nasdaq, but that's not the case: Trustnet suggests Investment Trusts Global as the comparative: https://www.trustnet.com/factsheets/t/be08/scottish-mortgage-investment-trust-plc. Whilst MorningStar uses MSCI ACWI Growth NR USD as the index & Global Large-Cap Growth Equity as the category.

Nolupus - and I'd like to know what happened to lambo222's prediction of "an easy 50% from here to be made today". That was on 19th June at 08.10, when the share price stood at 3.47p. Presumably he was meaning an easy 50% to be made by SHORTING?

Knees bent, arms stretched, ra, ra, ra

An IC share tip. Oh dear. And there was me thinking things could only get better.

Dontshootme - I'm reluctant to take issue with fela96 yet again, as (s)he always likes to have the last word (only not always a very logical one). But here goes anyway: fela96 said earlier today: "If SMT's correction had been worse than the index, to the same extent that its rise was greater, then it would be on par with the index right now." That's simply wrong I'm afraid. Say a share rises 50% in the same period that an index rises 25%. And for simplicity's sake, assume both were priced at 100 to start with. The share now stands at 150 and the index at 125. Then say the share drops by 50% and the index by 25%. That means the share price would stand at 75p and the index 93.75p. But I'm sure (s)he 'll have an answer for why this is wrong, 'cos that's what fela 96 enjoys most. Just to say I won't bother replying to it though, as life's too short.

Fela96 - US inflation HAS come down, but is still twice the official 2% target. Nasdaq HAS gone up, but is still off its 2020/21/22 peaks (though admittedly these were caused by the "one-off" pandemic tech boost). Trough to peak, SMT rose more than its benchmark indices between 2020 & 2022, so any correction was also likely to be more pronounced. Coupled with its relatively high unlisted holdings, which the indices don't mirror. As Beachhouse says, these things tend to iron out over time. But they can be painful if you're overexposed to any one share/trust. Or if your investment timescale forces you into a fire sale.

Lupuzor even.

Wildbunch - their estimated timelines leading up to Lupozor commercalisation (assuming the revised trial meets endpoints). That's all.

Could be something to do with UK markets - on opening - not having a firm lead from their larger US cousin? Sure, after hours trading & futures contracts might provide some clue. But there's been more good economic news emanating from America than the UK or Europe recently (notably on inflation, hence likely future interest rates). And until that data was released, it wouldn't have been fully priced into markets.

BTW - he said "what with the Macro stuff going on this week". He then went on to refer to rate rises. Doesn't necessarily mean the rate rises were happening this week. A pain, all this devil's advocacy stuff - huh?!

Fela96 - not nice when others play devil's advocate is it?

I fear any Microsalt IPO will generate the same sort of short-lived euphoria, followed by sentiment crashing back down to earth. Before Lucyd floated, we were all told that would put rocket boosters under TEK's share price. Sadly it was more like Musk's latest SpaceX launch. IPOs are being more heavily scrutinised than ever right now, with frothy valuations on launch often proving unsustainable. Which is why - as I've said a thousand times already - TEK should have designed these IPOs so they could take some money off the table on flotation day. Rather than wait until the holdings drop 40% or more in value, then realise it's too late.

Fela96 - Ubik_Fresh never mentioned UK-specific inflation figures. He might have been referring to the US for all we know. Whilst inflation has been falling there, he may think original expectations are that it would be lower still by now. Just playing devil's advocate, as I know you like to!

Paper profits (on IPO) have quickly turned to losses with both Bell & Lucyd.

Lordmakealot - TEK won't make a penny until they sell some of their shares in these holdings. Which is the basic problem here. And has been for ages now.

Lambo222 - oh no, not ANOTHER placing: https://www.youtube.com/watch?v=H6-IQAdFU3w.

And so soon after you announced your last top up. I REALLY feel for you.

Knees bent

Arms stretched

Ra ra ra

CauldStream7 - if you view nobbygnome's past posts on IMM's ADVFN board, it answers your question "Who could have known beforehand that their chosen dosage rates would be too low." He's been saying it for years!