Read Your Stock18 Nov 2021 09:55
Seasoned investors getting annoyed that an AIM CEO is delivering delayed news.
It doesn't really make sense to me. Whenever I put money into a company especially one on AIM and especially in a nascent field such as cannabis, Blockchain, Novel Therapeutics. I ask myself.
*Have I been ramped in? Yes/No
*Can I afford this loss? Yes/No
*Is an AIM CEO ever going to give me an honest account of where he thinks the company is? Answer: No
*Do salesmen give shortened timescales to get buy in? Answer: Yes
*Does the CEO care about my personal circumstances? Answer: No
*Are the people discussing / already professing to hold the stock seasoned Rampers/Conmen/Electronic Boileroom operators? Yes/No
Then I start looking into everyone's back ground and I mean everyones. CEO's, Chairman, CFO's, Associates, Business deals past and present, communication styles and past litigation.
To me that's just the start.
I have been known to buy into companies quickly without any research whatsoever when i get an urge or see a QUICK OPPORTUNITY but that's more fool me if I make a loss and you wont hear me talking about them much.
a lot of you commenting here have no excuses as you've all been through the mill with the likes of Prem, GGP, IRR et al.
Stop blaming other people it's a risky business