RE: Heard this before...12 Mar 2021 12:45
JS2K - I only mentioned the cult stock syndrome as in my opinion the over zealous fandom that sometimes attaches itself to these stocks has a negative impact of actually hiding the true positives of the business, I just don't understand the multiple persistent 'its going to fly' comments (hope it does) - there's also a strange insistence on blaming everything on MMs, yes they have dubious practises but to read alot of insinuations that the share price is constantly being supressed by MMs is a stretch too far in my opinion .
I bought in Jan of two tranches of 75 and 25k and am very happy with my position. My portfolio is mainly made up of dividend generating stocks for tax reasons so have broken with my own risk profile on this particular stock as it does have a very credible background story to it and is at the heart of a very exciting sector which I too believe it is best placed to capitalise and build upon.