RE: Results tomorrow24 Feb 2021 19:52
defo, lucky. I don't know why a few thought 'Oh my God... they'll be shorting the stock! :-O !' but we did, but that doesn't make any sense. If these companies want to short a stock, they wouldn't buy it in the hope it goes down to sell it, they'd borrow shares from brokers paying a fee plus interest, then selling the stock when it's high, wait for it to go down, buy the shares back on the cheap, hand the borrowed shares back to the broker they borrowed it from and keep the difference. These big guns bought into Amigo and as I said before, they don't buy into something that they know won't work, they have reputations to lose. They might not believe in our Amigo, but they see profit. That is the only way that makes sense to me. Somebody suggested they might buy the shares to take Amigo over and then break it up, but break it up into what? It's already broken enough :-) and trampled on by camels and her minions.
I have this strange feeling that Amigo might go global and this could be behind all the restructuring and talks of new products. I could be totally wrong. If they do go global, I just hope they won't translate 'Amigo Loans' into German, as "Freundschaftskredit" sounds a bit like a declaration of war :-)