RE: Just Read TM Transforming Nanoco and his response to today's Boards Web Meeting25 Jul 2023 09:13
Sell on the news!
These boards don’t influence matters on a day to
day basis but if expectations run unchecked they could (and evidently did) cause a reaction on the release of news [the settlement] because everything being discussed was about multiples of everything without ever recognising the other potential outcomes.
It’s the same on every share chat board across various sectors particularly early tech or fledgling oil companies where people hope to beat the system and become overnight millionaires; it’s because we are inherently optimistic and by the fact we are here also likely to have a certain amount of dare I say devil shall care attitude to investing…..for some it’s an addiction akin to gambling, for others it’s a serious long term investment strategy.
Because of all the different personalities, motivations etc then things can get skewed at the wrong time in the wrong direction and it takes time to rebalance and reassess.
I’m in the long term camp. I’m frustrated by the likes of TG2D on his crusades. I’m ducking out of this forum for a while because it’s been devalued by the new arrivals from the other place.
…..until something worthwhile pops to ‘react’ to - then Jim Henson may reappear like a phoenix or miss piggy.