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I think what we are witnessing is the throwing in the towel by a lot of PI's who have reached their pain threshold be it selling to preserve any profit of more likely limiting any losses. Quite understandable but it is like a rolling stone once one sells others scramble to get the next bid so becomes self fullfilling ,this process is of course aided by all the derampers jjustifying in the sellers minds that they are right to sell i.e. they are at their weakest point. As some have pointed out there has been no negative news and as pointed out to me yesterday by AZ read all the RNS's and he can't understand why PI's would think SYME was a PONZI scheme...I raised the ponzi point of view. I or anyone else can't guarantee what will happen but trust YOUR instincts and research, not others and IMV when normal LTH's start dumping it usually signals the bottom. GLA
Micky1 I don't think they even want your shares in most cases they are just nasty little people enjoying peeps short term discomfort. Wolf and extrader the blatant ones filtered ages ago and tex and nikki whatever now followed with their ever so subtle bashing. As you and poor investor say this will come good or if it doesn't it will be some unforseen misfortune as personally I think the concept is too good to fail. Meanwhile as uncomfortable as this constant eroding of the sp is I ,personally, believe cream will rise to the top but that's just my view.
As posted on Friday morning I had a brief wobble due to da comments which I soon rectified. I remain a solid holder with a fairly big holding and have said all along that I really want to see concrete evidence of progression..sh,funding banks,figs etc but in the mean time am prepared to take AZs word for it as I see huge scope for this innovation. Undoubtedly the massive assault on the company has caused some to consider their positions though surprised by Ap and we but hey I wobbled on Friday and its thier money not mine. For me the re assuring reply from the company,posted, saying did I not think the shia banks have not done their dd and compliance??.I posted in responce to Jr a week ago that I spent 30 years in the city as a trader and broker and senior director and one of my worst roles was being compliance director and believe me I know what that entails as regards dd. I am not surprised that the concerted attack quite rightly has got peeps to consider their positions but a bit surprised at Ap and wg but its their money not mine.
In summary I don't give a jot who owns the company,too big ii presence leaves pis at their mercy to small means no backbone and unstability so I think atm we are just about right. So all in all you either believe in AZ and the concept or you don't as we have nothing concrete to hang our hats on atm. Final final point right or wrong the way da,Silvio,tel is going about things is scandalous. Gla on whatever you decide.
No parm had sick family/dying dog issues and basically in a bad place so sold 3m out of 20 on a knee Jersey email company and bt back 5m. Cost me about 350 quid turning round but showing some profit on the 2m extra...all my fault as I said not concentrating.
I was going to filter da after he caught me at a bad moment first thing, as I posted, but in the end didn't as realised I couldn't report his posts which I have done religiously. I have zero probs with someone voicing their concerns it was just the sensational and libelous, my opinion, way that he did it. I was lucky emailed the company and repaired any damage others not so experienced will have lost money which just makes him a thief plain and simple. I have other expletives that I could use to sum him up but the more I read his posts I actually felt sorry for him as he seriously has issues which even the men in white coats would be hard pressed to cure. Good w/end all.
why should i stay with you Da i was in a bad place first thing this morning with very sick mother in law 300 miles away and having to make a decision about PTS one of my gundogs and when i saw your post gut reaction sold 3m on reflection bought them back and after company reply another 2m but without doubt my OWN stupidity prompted by your nonsense has atm cost me money, my fault as I say again and I pressed the button noyt you but don't ask me to engage with you or even believe anything you post big old green bin for you TW