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Re factom I would say there's no guarantee those patents are worth anything, how do you know anyone wants them? Someone patented HD DVD at one time I'm sure. If people were itching to use their patented technology, why didn't the company survive?
I'm just cynical about these micro stocks. In my experience nearly every one of them churns through assets, none of which ever do anything, issuing shares every few months. Just tools to enrich the BoDs and pump crews at the expense of naive investors.
And yeah, I caught the last boat at 20p and I've sold on this boat. Of course it could go a bit higher very short term, no way 60p, but I'm confident it will be sub 10p again within weeks/months.
Right but 30% of nothing is still nothing. Don't know much about Yooma but nevertheless, there's still no evidence of Yooya/Yooma being multi billion pound companies after several years since it hit 20p.
I remember this was going to 60p a few years ago based on Factom (worthless) and Yooya (worthless), it got to 20p and then back down. Can anyone tell me why this time is different?
Sorry, as I've already started, you are demonstrably wrong.
https://uk.finance.yahoo.com/news/german-online-fashion-retailer-zalando-032703157.html
Lovely recovery today. Just some approx comparisons with other ONLINE ONLY retailers.
Zalando - up approx 28% from pre-crash
Asos - approx the same as pre-crash
Farfetch - approx 72% up from pre-crash
Boo - down approx 15% from pre-crash
If other online clothing retailers are booming, all the doom and gloom posted (excluding related to Leicester) is likely nonsense in my opinion.
No idea where you got that from. Trading a share price is not a blanket endorsement of everything they have ever done. I would advise you to not invest in this industry at all (and others,like food), because it has been shown throughout the last few decades that slavery/sweatshops are widespread. Yes, sorry consumers are apathetic and don’t care on the whole, as has been shown again throughout decades. If it can be swept under the rug or seemingly fixed they will carry on buying.
This sweatshop thing in Leicester is old news.
2010 https://www.independent.co.uk/news/uk/home-news/retail-giants-shamed-by-uk-sweatshops-2128022.html
2017 https://www.thesun.co.uk/living/2743942/shocking-channel-4-show-exposes-unsafe-and-underpaid-conditions-in-uk-factories-that-make-clothes-for-asos-and-boohoo-com/
Go check what happened to the SP of ASC & BOO on 23/01/2017 - absolutely nothing. This time a few big sellers must have been triggered because of "ethical investing", that's the only thing I can think of.
Nike has been criticised for sweatshops throughout its history https://en.wikipedia.org/wiki/Nike_sweatshops
Nike's SP is over 17 times what it was in 2000, 5 times what it was in 2010.
The fact is, all these companies are trying to get clothes made as cheaply as possible, some don't care and some don't know they're using sweatshops. The public, especially the customer base of cash poor partygoing news-apathetic youngters are not about to start paying £50 per made-in-Italy t-shirt to avoid this. It will blow over and the share price will continue to rise as sales do. I doubt anyone outside of the UK will even heard the "news".
Me - "dodged yet another RTO failure?
9 Sep '17
can anyone name a stock that has had its nomad resign, been delisted and come back successfully delivering a profit to shareholders?"
I was told I was wrong back then. Was I? Not logged in in over 2 years, have investors made any money here yet?
Well.. maybe they mutually agreed because there’s a better offer available that oryx can’t match? If oryx wanted to bail it wouldn’t seem much of a mutual agreement to me. That was one condition of the agreement going ahead.
Anyone had an update since 6th Nov?
Nope just a good trading update by the looks of it
Misread the dates... still huge buying in the last few days
£1.7m bought £0 sold and its down. I'd love to know how that's possible!
I sold 3300% above here at a 70% loss. Really puts the performance of this co into perspective. How are they still able to raise cash? Surely the loon isn't holding onto them? If not who on earth is buying them? Has this company treated its flees and become a unicorn since? Has it done a single good thing?
I assume that defensive response means "no"? I hope you get your money back. I thought if any stock could pull it off it would be HNL yet the NOMAD walked and now it's being booted off. I can only think of one that got another NOMAD (VAST) and none that completed an RTO with investors making money since I started 2 years ago. Annoying if LSE removes chat after delisting, some delisted are still worth chatting about.