RE: JPMorgan says 35% risk of US recession by end 20248 Aug 2024 11:07
Daltry - great question... I came here a few months ago because I thought I'd spotted a potentially decent investment opportunity. I poured through the CPI financials and then asked challenging questions on here. What I expected to read were some quality replies, with evidence of sound explanations on the financials, of a solid forward plan and perhaps insights not available easily from elsewhere...
What I received as replies though was so starkly different; a barrage of abusive comments, wild conspiracy theories mouthed off directed at me, and worse so... no evidence whatsoever of either sound financials, or a solid forward plan. Comments were extremely emotionally charged, abusive really, and not logically structured. I was alarmed.
After analysing the data some more and doing my best to understand all available views I came to conclusions and from those I made a prediction; that there would be a big sell off on the arrival of the results... Many on here scoffed at me, advocated blocking me via filters and insulted me repeatedly. So I sat patiently waiting on the results. They landed and guess what? - Unsurprisingly there was a massive 12%+ sell off of CPI!
Then came yet more abuse, comments ramping of pipe dream £1 valuations for CPI - I called these out. Look, I get that being heavily invested no doubt makes my comments a hard read but I've shared evidence and I've invited challenge.
Anyway... I've continued giving CPI a wide berth, instead I put a fair bit of my cash into BT (on which I just collected a 5.69p divi). I still watch CPI out of curiosity, to see where it heads and if my analysis was correct or not.