Member Info for shuttts

Buffet is talking about following overall market trends, not speculating on an individual high risk stock - in fact mentioning Buffet and HUR in the same breath is laughable, he wouldn't touch it with a 10ft barge pole.

LONGWAIT: "Since neither you nor I know of any cause of the share price fall, how can it be contrary to what I want to believe?" That's got to be one of the most non-sensical things you've said, and you've got some real competition in your previous comments.

Clearly what you want to believe is that HUR is amazing, is worth a £gazillion, there's no risk at all, everything is 100% hunky spunky dory and you're going to be rich, rich, rich beyond your wildest dreams.

But the company is sat on it's hands watching the share price fall, and fall, and fall - and they still say nothing. Which tells you it's because there's nothing they can say to contradict the share price fall, which means the share price fall is correct.

Meaning the next RNS will decimate the share price.

That is logic, and logic beats flights of fancy and wanting to believe HURs streets are paved with gold.

LONGWAIT - they could issue an RNS observing the tumbling share price and negative speculation and say there's no reason for it - you know, like they did to shut down the positive rumours.

And there IS a reason for the share price - it's just that the reason is contrary to what you want to believe, so you have dismissed it.

Sometimes the colours get muddled up.

Some big sells going through now by the look of it - I bet it's CA offloading more.

On the flip side, if some of the stocks you hold start to get hammered, it increases the shares you hold in decent companies in percentage terms, so you have to sell the good ones to fund the bad ones resulting in a portfolio full of rubbish.

That would be a rather silly rule, because if the shares in a company they hold took off, they'd have to immediately start selling and miss making any moey from the SP rise.

This would only make sense if they were an income fund, in which case they wouldn't be holding HUR in the first place.

His calculation was incorrect because he used the numbers on the RNS - which is not clear.

He is correct that they sold c.13% of their holding, I'd already posted that first thing - he just got the no. of shares wrong for the reason above.

15p by Christmas.

I saw TLW had taken a beating today from 140p to 55pish, didn't realise it had already had a beasting earlier this month from 210ish to 140.

Yikes nightmare.

Slip anchor - 13% of the shares they held = 0.7%/5.51% = 12.7%

My point was that she was tried to blame the downturn in the housing market to "naysayers" - I wasn't making any comment on BtL itself.

Naysayers LoL.

I remember seeing that brainless bimbo who used to do those property shows encouraging people to buy to let - saying there was nothing wrong with the housing market, it was just "naysayers" causing all the trouble.

Of course her cheerleading all over prime time TV had had zero net effect - but someone with a slightly negative view caused the whole thing to collapse.

Naysayers - that really is grasping at straws - my thoughts don't make the share price go up or down, if they did I'd be George Soros.

"Dr. Trice doesn't seem to be concerned about the SP. So nor am I. " - I agree that Trice isn't, but as a shareholder you should be.

Some people want to be famous, some dream of being powerful, some desire wealth and others want to be cleverer than everyone else.

I think the issue here is that the PIs want to be rich while, judging from his dismissive attitude in that Q&A session where he was visibly irked by questions he felt were beneath him - Dr T appears IMHO to want to be right, to prove he was right and everyone else was wrong and so he's the cleverest of them all.

I get the feeling that he sees shareholders as an annoying distraction from his dream and so he treats them with disdain.

If that's the case then he's not going to change, the way HUR communicates will not change, the SP will keep dropping (especially if he is neither right nor the cleverest of them all), and if there is any value in HUR it'll get bought out on the cheap.

Trice will be replaced by one of those people who have probably mocked him and his theories and he'll be consigned to the footnotes of history as the man who was wrong.

And those pesky shareholders will have all lost their shirts.

It's interesting to compare between CA and us mug punters.

They've simply bought and sold at different times and aimed to make money - that's it.

We've been holding thinking HUR is going to be worth loads and will make us all rich - and we've all lost money.

Wonder how much it'll drop today.

I think I made the right choice selling out of HUR.

CA are closer to the company than any of us and have decided after the last RNS, and before the next one, to part with another c.13% of the shares they held...

...and they probably haven't done selling yet.

If they haven't any confidence in HUR then why should I have?

"If"

Captain swag - it wasn't the large paper loss I was sat on that bothered me, it was the even bigger loss I could have ended up with if the Dec RNS is anything other than world-beating.

Longwait: "I and other LTHs went through agonies, seeing share price slumps to 8.85 p and later, about 24p, when the company desperately needed to raise money." - that is rather my point.

You're like someone who finds out your wifes been cheating on you, but you decide to try and make it work, then she does it again and puts you through more agony, but you stay with her because you believe in her, then she does it again but you keep going - "she isn't like that really - she really loves me".

Blind love despite the agonies.

Anderson: The share price dropped 25%-30% on, as you put it, a "middling" RNS - imagine how it's going to react to a bad one.

The management are not idiots, so I have a major problem with their communication and the ambiguous language they choose to use in something as important as an RNS.

If there is nothing wrong then they have caused this drop in share price through their ****-poor communicating style, OR they chose that language so they didn't have to specifically say things are bad.

One of the most important things for any company to be successful is good management, and after this latest fiasco I have no faith in them at all.

So I'm not going to leave my money with them.