RE: Complaints provisions and scheme of arrangement6 Dec 2020 15:25
Guys
Let me make something clear
Amigo is a risk and has been all year, and the main reason for that risk has always been the uncertainty of the claims numbers. Yes I have faith in the new team but not stupid enough to think there is still no risk, as I've said many many times.
The point I was making was that I've never seen Jimmy post anything apart from negative posts, even when invested and not saying what he posts wasn't factual but I've never seen a factual positive post in all the time he's appeared.
IPO £3 now 10p ? it doesn't take a analytic brain to work out this is a punt and anyone investing should know this
But I've also seen some of the most respected analytic investors get stung and stuck in shares that drop or get suspended, I've also seen many posts dismiss potentials like CINE/HYVE due to debt levels and saying they'll never open again.and others that some have make huge gains from those same stocks
The point I'm making is you can analyze all day long and some will get to same place as you and others will differ and one camp will be correct and other one wrong, Were the ones that get it right lucky or just right ? I don't have the answer to that but what I do know NONE of us get it right all the time or know, will Amigo go bust , be worth £2 or 10p in 2/5 years but all of us will have our strategy.
If it goes bust some will say I told you so, and some will loose money, if it flies some will say I told you so and make a bloody fortune
For now I'm holding with a good chunk of money and intend to keep holding unless something happens
I will be right or wrong, Wrong and I loose a few quid which will not change my life in any way, right and I retire early somewhere in between and it;s still happy days
GLA whatever you do :)