The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Looks like the car dealers /salesmen are more guily than the bank supplying the finance. Easier for the FCA to chase the bank though as too complex to find the many car dealers who obtained high commissions. This sounds exactly the same scenario as STJ regarding mis-selling/commission rates. Price got hammered then and still at lows. Ready to start trading on this one.
Looking forward to the volatility You have correctly stated as this is where trading makes the money. Personally, i believe it wont go down much more as there has been a sell off for a few weeks now and the other recent sellers are panic brigade.
Will see what happens over the next few months, but quite happy to take a stake at this level. Thanks for comments....
Looks like the de-rampers have run out of shells to fire on this one. I notice that these people move to different boards when a Company has issues and spout the same drivel. They must spend a lot of time doing this and I dont think that they own any shares in any of the Companies. I think it is a reaction they are looking for from other investors who are down and get pleasure out of others misfortune.
On a brighter side, this has been a great investment for Me, even though I have been informed by others, it is worth only 50p. Can`t remember who said that....
Agree, this could be a giant in the future but needs funding sorting before it can fullfill potential. My holding is down to £1K now from original £45K investment as can see some small dilution coming and MUSK spike news is now history. Probably made the wrond decision to nearly bail out fully, but ready to buy back again after funding sorted out. Good luck to holders.
2nd plunge in 5 Months so bought back in again. Sold too early on 1st plunge around £12, but what a great opportunity again. RNS confirms difficulty in the semi-conductor sector but will recover as it always does. Vulnerable for takeover at these prices.
End of March was requirement for additional funding after they received payment from other. Be better if done earlier while price is above 10p or can see a further drift down back to 8~9p as punters bail out after MUSK spike. Most of them nursing losses unfortunately.
Made Me chuckle that comment, but oh sooooo true. Having a look at this Co on the drop reason. Think i`ll steer clear though.
Dont believe that PI`s will be involved so have taken profits on remaining shares and looking to buy back more when funding route is decided. Might lose out but very happy with profits to-date. The MUSK news was great, but is still in early trial stage so wouldn`t expect any income from this for a while but other contracts could be massive. GL to holders.
My buy order at 96p didn`t get filled but not complaining. Cant be much free float around as they soon get snapped up on any dips. Like to see the open shorts close out though to confirm they have lost.
FOMO is the answer. Obviously most punters didnt see the full picture of MUSK association and also cash position of Co. They just saw the price rising quickly and got in. Paid the price for rash decisions unfortunately. I`m sure this will come good again but needs to sort out stable funding more than anything. This is still a very vunerable Co for takeover at mo given their proven technology.