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I feel for you Paul, I - like you bought in early 2014 and on the same promise of a great future for the company.. fortunately for me though I was "stupid enough" to keep buying on the way down.. all the way to 70p.. and so 98p to me reflects a modest profit.. on what was a close call.. the same cannot be said about another disaster share I had "GLOBO" .. so yes AIM is not the safest "playground" .. Happy Xmas to one and all.
I feel stiched up by this whole fiasco, the warning signs were there (as can be seen clearly in hindsight) -- stupidly I added a k's worth only a week before this scandal broke in the US... (even after having read Paul Scotts piece on Stockpedia..== how stupid am I.. I was taken by all the press/gartner reports saying this was a good product etc.. and it was in bed with Cisco etc.. was it all lies... or just greedy Greeks ).. from now on.. "there is definitely no smoke without fire"... and no in future.. head has to rule over heart... sad day.. but .. time to move on..
likewise - I bought in for the longterm.. but c'est le vie I guess.. almost burnt.. live to fight another day !
developers say they have a product... anyone with a rich uncle to bail PI out... ?
The evidence in the report is pretty damning .. going to be interesting to see how Costis refutes in full the allegations.. I hope he's successful, but if he's not then I guess I'm kissing goodbye to my investment here.. link to report is here: http://*********************/partners/GBOBR.pdf it's a sad day.. wished I'd bailed at 60.. :(
how can it be good news ? sounds like the announcement must be a bad one.. surely if there was a good announcement in the pipeline.. why the need to suspend.. really concerned about this.. only doubled my stake last week.. poor timing or what :(
nothing nifty swifty about it .. have averaged down from the initial bunch I purchases for 1.70 .. my average is now around 91p ... so it's been a tricky road to travel.. broken all the rules (catching a fallen knife) .. put more in than I felt comfortable with .. but hey .. if I do get 98..100 per.. then I'll pull a modest profit.. which is better than nowt !
thanks for your explanation .. I too missed out at lower levels.. but decided to lump in the free cash I had for a short term 10% gain .. hopefully the fact this director has done the same.. bodes well for my chance of a payout !
how does that work .. surely insider trading ??? as a director.. should know exactly what will be happening in the near future.. thus he stands to make 10% on that investment at least.. if the vote goes through ?
well, I will be voting for too .. having topped up another couple of K on the hope that the vote goes through and we do actually get 98p or better still the full 100p per share.. been a hell of a ride (n from 170.. and subsequent buying on the way, way down...) should even manage to make a small profit at the end of it... which is what it's all about at the end of the day...
originally .. the price was at 170... and predicted to go higher.. a lot of water has passed under the bridge now and having averaged down a number of times... thinking the lowest point had been reached.. I'd be happy to just get all of my money back... ..
of breaking even... when/if that time comes.. will I stick .. or twist... that's the Question !!
let's hope we get another 3 trading days like this over the next week.. then I'll be a little happier about GKO..
any views on this ?
don't I know it .. and I bought in at regular intervals all the way down... if it ever got up to 170 again.. I'd be selling and making a reasonable profit.. could I replace the lost hair.. with the winnings.. probably not !
for that.. but I guess by the looks of it .. whatever deal is being brokered would appear to be good for us PI's let's hope so .. I'm still well down on these bad boys.. even after 33% inc on one day .. infact would need another couple of days or more at this rate of increase to come back up to B/E
of a positive nature to report... look out for an RNS .. not usual for this share to climb so much in one session..
ORDINARY SHARES OF NO PAR VALUE, FULLY PAID = 100% of nothing .. ? = 0 ??
is there some "good" news on the horizon ?
I don't know why, but I've averaged down a little again today .. in the feint hope that GKO can arrange a deal which doesn't screw private investors like me.. when are they due to announce the new financing deal .. though that they were due an announcement imminently .. but in reality am I expecting too much?