alias3 Jul 2013 14:37
I read a post on another bb of another mining company this week. A poster was down £100,000 and you could say that that poster has only his or her self to blame for that but the bb in question suffers like many others from posters who boast about their buys and make very optimistic price predictions. Nothing wrong in doing that but I would contend that such posters then have a duty to post when they are selling and they should do so at the time of the sale and on the appropriate bb otherwise they simply become a laughing stock among the majority of other members of the posting community and they deserve the derision that comes their way from other posters.
With regard to yourself, you were on this bb saying that an offer would come in for £3.70 or more yet it emerged later( i.e. after the indicative offer details became known) that you had sold tranches of shares well below that price when you were making those £3.70 predictions presumably with the intention of influencing others to buy at prices up to that level. Some would call you a pumper dumper. You didn't curb yourself thereafter and were telling us that you would be a very happy trader if the offer was £3.20. Do you not accept that having got your predictions terribly wrong once, you had a bit of a cheek to be on here again quoting inflated prices and raising the expectations on the inexperienced investor.
FWIW, I have been trading enrc this year and it has been a lot kinder to me than kaz which I "invested" in this year. I have never made price predictions of any kind nor issued any buy or sell recommendations to other posters - I wouldn't dream of doing that - and I merely post and comment on news issues and offer a bit of banter and support to fellow shareholders.
So the Investor's Chronicle and numerous other publications, Ant 1986 and I are all viewing the UK regulatory bodies askance but you think people are wasting their time taking these matters up with MPs and whoever. You might be right but some of us are willing to give it a go regardless of how futile you think the gesture might be. Cripes women would never have got the vote if the Suffragettes hadn't chained themselves to railings and thrown themselves under the King's horse at the Derby etc. etc. Don't assume that everybody is as apathetic as yourself. Oh and incidentally, it's not just issues surrounding Asian companies which concern me. I have proof of institutional investors breaching the Disclosure and Transparency Regulations in respect of companies based right here in the UK.