Gambling not investing23 Nov 2023 18:42
I've been following this stock since I missed the boat a little bit with all the AI hype. Analyst reports since the downturn definitely aren't favourable but at today's prices it has to be worth a punt - especially since it is well below the pre hype price now. The biggest drawback seems to be their lack of producing accounts - once a year - why the secrecy? If they keep spending cash and don't start to post a profit then shareholders will be the ones to suffer if the begging bowl gets passed round. The shares will collapse.
I still feel jumping in here for even 1 or 2 grand is gambling rather than investing but if they drop below 12p I'll gamble a little. Who knows maybe PayPal or fast pay will buy them in the future - that would do. People who were pumping in stupid amounts of money may as well have gone to Las Vegas in my opinion.