Looks like he was right all along .glad i took right advice and sold thursday having bought about a week earlier made a small profit. But avoided a very large loss.
as he said a ponzi scheme springs to mind.
i bought here about a week hoping to make a good return.
but after reading advice from much experienced investors and then reading up on their comments i decided to sell .
glad i did while i had the chance.
and better still glad i didn't buy back on the fall on friday.
i my self a investor who held share in this money until last thursday took a gamble like any other stock holder.
is if things go wrong and shareholders get shafted then thats what happen in these situations .
its employees and people with pensions in these companies who deserve help .
these people did not take on a gamble unlike myself and others.
GLA
what a terribly sad state of affairs this share has become.
BOD should wake up and take action.
t thought selling out at 1298 and taking small loss was a mistake , but now see i may have made the right decision .
if it keeps going at this rate �1250s doesn't seem unreal.
may buy back in then
GLA
sold half my holding at a loss.
can only see this going down further and will buy back in to lower my average.
at the rate it fallen we will be into low 1200s or even 1100s.
BOD don't seem too concerned ,i know share drop but this is just a ridiculous drop over the last 2 weeks for a company like this.
as someone els mentioned here earlier maybe those in the know different
GLA
from �15-22 on the 20th oct down to �13-18 today.......�2-04 drop within 3 weeks or about 13.3%
also well below brexit week price.
this must have wiped billions off company value?
i bought in last earlier this year at above 3.00 and managed to average down and sell at a small profit.
will not make the same mistake this time will wait to get back in below 280 hopefully at this rate
looks like my prediction from has Thursday is coming true ....still feel it may be too early to get back in.
i reckon mid 280s will not be far off then time to get in .
DYOR
GLA