RE: Global economic slowdown5 Aug 2024 11:21
Wildcat_Driver - Few months back I came onto this CPI chat board because I thought I'd spotted a bargain stock to make an investment into. So I delved into the financials + asked some challenging questions to members on here...
I genuinely hoped I'd get some solid answers with evidence behind them, as to why CPI was a good investment but... instead the responses shocked and took me by surprise. Instead of rational well evidenced replies I received a barrage of abuse. I read through many highly charged emotional responses, which made little if any sense...
Very frankly these replies alarmed me and put me off making an investment, I openly/transparently explained I'd made the decision to invest in BT instead of CPI (both were candidates for me, I was clear to explain that)... Now I still had other cash, to pivot and invest in CPI if my opinion changed, so I kept asking more questions to keep an open mind but things just got even worse! Everything I was reading about past + current financials, market trends, macroeconomic situation and customer/sales info, out in the public domain, screamed to me that CPI was toxic. I aired my views and was ridiculed for it.
Along came the results on Friday which were terrible, I called the drop 1st thing in the morning, only to be met with more delusional ramping.... The drop happened and my, my... it was big... 12% on Friday and still it falls today.