deniscaff part 120 Sep 2013 23:32
Now had a little read though but know little about the share(s) in question. First thing to bear in mind is that some folk get emotionally attached to the companies they are invested in and can't bear anybody saying anything critical about them. In some ways, I do like folk to support their shares through thick and thin but some of the staunchiest supporters of dud shares are the first to come on the bbs and attack other companies which I find a bit hypocritical. Good for you for being able to see your share with warts and all and decide to hold it but not be devoted to it like others.
It's about four years to the day when I tried to sell half my then rbs at plus 58p pre consolidation and the transaction was inexplicably blocked. Shares fell for months on end, folk saying the company would be nationalised fully and I managed to sell the lot in April 2010 for 58 p plus - never a price to be achieved since. I spoke of the poster r blackie who was worshipped like a false god on the rbs bb and how people followed him sheep like into hmv. I was less of a believer but one of my fellow female Scots from Kilmarnock was always going on about him being responsible for duping folk into buying rbs and hmv at too high a level and another about being duped by some other character into buying solg too high. It's always easier to blame somebody else . Experience helps and that's why I knew to totally ignore a guy who posts occasionally on the kaz bb who said there was an offer for enrc for £4. Sure people shouldn't be de/ramping on bbs but it's up to folk not to listen or be easily led. This guy on advfn is still a supporter of your aims company? - that's different to r blackie and the cup pump and dump where folk who pumped have dumped but not hung about to still support the share.
I think you know now why I avoid contact with posters off these bbs. I replied to my boyfriend as you called him on here. I've not known him to make many good calls quite honestly but he has a cult following. I've watched him deramp shares for months on end and then buy in and he said he was there until the bitter end during one takeover process and dumped without saying having assumed the role of board leader. Not admirable behaviour but it takes all sorts I suppose. During a chat with said boyfriend off the bbs last April, I said I had set a sell order on sxx at 22.75p or something. Said bf said oh I have been bearish but I am turning bullish. I cancelled the sell order. News came out 30 april - remember the day as at hospital with my son. Usual ramping on the bb. Just before 8.00 am, a poster i have never seen before or since came on the bb not deramping but saying the resource was there but planning and financing was not going to be a smooth process. It made me think again and I sold for 22.75 in the 15 minutes it was on offer before the marekts opened and the share price crashed while I had to be out at hospital.
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