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Buying shares in companies like ARB etc is like betting on another bet, because their Shaw price is directly linked to the Bitcoin price.
That makes it mega volatile, and unpredictable which most shares are to differing degrees, but it's like playing with fire in my view. The roll of a dice, the spin of a wheel.
Call me old fashioned but I like investing in resources or products / services. Not concepts that are still not guaranteed to be accepted into the mainstream.
Dodgy and risky if you ask me.
Seems clear the lack of news and new year mindset means people are selling these to try and make profits elsewhere.
There's a lot of buzz around certain shares and money to be made for the brave and knowledgeable. I'm sticking with this as the update is due and should rebalance things here until we get news on any sale.
To my mind, the trouble with this whole process, is the lack of substantial evidence that an actual sale transaction is being processed.
Yes we know the company is up for sale and there have been expressions of interest, and this has lead to a healthy increase in share price, more investors (private/corporate) but we still don't know for sure what stage we are at.
From what I understand, no RNS has said in plain English where we stand. It has all been non committal phrasing, with generalised hopes for further updates. That means little to nothing to me. It's all reading between the lines, which leads to lots of fanciful opinions and speculation ,but little fact.
I understand this is largely due to NDA's, but there must be some way to update that gives investors a little more than we have in what has been a long process of suspension and FSP.
Due to the lack of any substantial update (IMO) this place ends up with extreme arguments of either pie in the sky delusion or its never going to happen negativity.
There are of course good balanced opinions, but they seem to get lost in the shouting and insults.
I hope for a positive DFS in a week or two, presuming we have to wait for Russian holidays to end.
Maybe that will catalyse the end game, let us hope so for all our sakes :-)
I genuinely do not see why alternative opinions need to be filtered. This is a genuinely respectful post.
Even those people see as shorters or disruptive or mischievous. Surely a one sided opinion is very very very very very unhealthy???????????????????????
Given that Botflys are a figment of this boards collective imagination, it's difficult to see how you can state facts about something that isn't real.
Still, it ties in with the level.of fantasy on the board I guess.
It's like morons are trapped in One Flew Over the Cuckoo's Nest while acting out Lord of the Flies.
Honestly, the level of selfish, sneering, sociopathic, greedy, arrogance on this board, mixed with aggressive idiots who don't see past their nose is beyond parody.
It's the worst board I've ever seen, and I've used the internet since it started. I've seen it all, the hierarchies, bullying, manipulation and general nastiness, but this ace is a hotbed of murky souls.
Good luck in your greed, and do.yiur own research on yourselves through some self awareness discovery. It just might help.
I won't hold my breath.
Bums all round.
A 20% drop is huge for some people depending how much they have invested and at what price. It's really not hard to see that.
People may have different investment choices or may need the money.
Not everyone is on a free ride or can afford to lose 20% or more of their hard earned cash.
Given that we go mad for a rise of 20% it's not hard to see why some might baulk at a drop of the same.
Meanwhile they get labelled bedwetters. I mean, really? Some need to learn some manners and grow up a tad. It's so childish as to be pathetic.
You're allowed to question the sale process or express any doubt/misgivings. If you do they jump on you and label you a so called deramper.
It's complete rubbish because no-one knows who is what, but the pack mentality feels better by encircling the 'enemy' and forcing them to shut up.
I'm not anything other than someone trying to provide balance, and I hold Eurasia shares in an ISA and SIPP. I also have nothing to prove to anyone on here, just here to make some money like most, but you cannot argue with stupid/deluded/fixated/agenda's/paranoid.
I read and respect a lot of posts here, but there is an established hierarchy and most of the time I cannot be bothered to argue, but occasionally it's necessary in my view.
I still hope and believe there will be a successful outcome, but I don't feel the need to shout about it or bang the drum like others do. We're all different, but sadly that's not welcomed here if you go against the grain or question a positive outcome..
I agree with the OP in that not everything is a manipulation by MM's. Some people spend an inordinate amount of time here and their perception is skewed.
No doubt I'll be wrong of course. You're not allowed to question the unquestionable on here..
The level of paranoia (dressed up as informative and factual info) on these forums is utterly amazing.
Now because one of the forum stalwarts has had posts removed, it must be because of the nasty, toxic institutions and shorting crews. I mean, really???
Do you really think they give 2 hoots about you or this forum? No, the only people who care about what happens on here are the ones who see it as a second home, and believe they own the place, through squatters rights.
Newsflash: It's a PUBLIC forum, not only your playground where massive ramping manipulation goes on ad infinitum.
The dearth of fact on here is astounding. People dressing opinion up as fact. It's so hollow as to be pathetic, but plenty buy into it.
Come on guys, I suggest a little time away from here, because it's really not healthy to spend all your time here. Reality becomes muddled and perception skewed.
Dr Silversun prescribes a weeks bed rest with NO internet access. :-)
Look at you lot. Reduced to insulting someone on Twitter because you're so damn ****y and ful of yourselves. At least she has a profile picture, unlike you lot hiding behind childish monikers and fantasies of being pirates. Honestly, it's like Lord of the Flies on here sometimes, and that's NOT a compliment.
Damn rude, and more than a little condescending.
And for the sake of equilibrium, I liken it to a house sale. the deal is not done until completion.
Not being negative, just stating a fact to balance the incessant and unnecessary ramping.
At the risk of sounding like a troll, if you were so confident, why would you feel the need to hype this share up all the time, surely it wouldn't need to be ramped to the hilt all day every day?
Let's be honest, you're not doing it out of the goodness of your heart so that others can share in your potential wealth, no-one would on an anonymous message board. So I remain suspicious of certain members motivations. Ironically, those who seek to criticise anyone perceived to be a bit more circumspect / sceptical about the situation. Or who offer an alternative future that doesn't match certain LTH's.
I just don't trust people, especially on an anonymous message board where any old Walter Mitty can exist and make up their entire past / present, and wax lyrical about wealth and riches for all.
Unless you have derisked substantially, this share represents a punt, albeit a fairly decent one, it is still a punt. And that's my issue here. Lots are probably investing money off the back of all the positivity that comes from members who stand to lose nothing on their free rides due to buying cheap and either being even or in profit already.
It's misleading for people, on what is after all, a calculated gamble that this sale will complete.
I truly hope it does, but it's not guaranteed, and for the sake of balance, that is important to remember. :-)
I've criticised LTH's for nor allowing dissenters or sceptical opinions, but having seen and read some of these recent posters, I'm coming to understand why you get so irritated. They are beyond obvious, quite underhand, selfish and not pleasant individuals. The irony being they think they are being clever, but seem just the opposite - i.e a bit intellectually challenged with little moral fibre.
Anyway, let us hope there is more positive news in the coming days / weeks. :-)