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foggyboy, It's not just TM17 all of the game developers are in correction since mid-Jan Including the US. I invested my money just over £8 so looks like it's going to be a very long term investment. But looking at the trend in past it has dropped up to 25% and has recovered in no time.
Rewarded my foot, its been three months and stupid AZ is sitting on my money. We should should be talking about taking him to court now. Do you guys really thing its suspended because of Accounting reference date change? Answer is NO. Accounting reference date was changed instead to cover up the **** that AZ has not disclosed to the market yet :-(
I am not a professional but have been in & out for years. I don't remember I have ever been influenced by buy or sell recommendations on these forums.
TM17 has 78.1% institution + 21.9% Insiders + 0.05% shares held by private investors. Do you really thing that 0.05% has ability to move the price in any direction? Its the Institutional investors playing their games.
Edwina, There is no need to be rude mate every one has right to pass their opinion. You might be a professional trader/investor working on big investment bank but others are learning that is why they come to these forums.
By the way feel free to post something that help others to make decision. So what you say have we reached the bottom yet ?
You are joking, I am confident it has reached its bottom. There is a solid support between 670 and 690, and it has not dropped below 200days moving average. I am confident it will slowly start moving up now.
Don't worry mate nothing is wrong with the fundamentals of TM17. Its a price correction Look at all other game developers like Frontier dev, Keyword Studio, Sumo the whole sector is in correction. Its unlucky we entered bit early and missed opportunity to buy cheap but it will recover soon.