Get back in people!!!! I am all the way up to 12 and then dump again easy money, let’s make money together, this a traders dream up down up down, use the volatility to your advantage don’t let it stress you out.
Just use it for what it is buy low sell high ( but don’t hold to long) I bought a little today, but I don’t believe in the stock at all, it just has a big following ( no real future yet as we’ve heard nothing about new products ect) I don’t think they will ever lend again? But no doubt the usual dreamers will pump money into it, just ride the volatility .(and hope you dont get caught in to late)
Roland it’s completely obvious the fca will not side with Amigo . I honest thought people were here for the volatility buy high sell low. I’m now convinced there are true believers here, and I wish them all good luck. Anyone with any savy can see where this is heading in the end, but like I’ve said you could still see 20 30 before that with the court case ect, so I might be tempted to dip in again if the price is right, I almost bagged on my last dip, this seems to be the share that keeps giving.
Of course, but your a dippy donut like everyone else invested looking at the pros not the con 15m profit because of no redress payments being made, with and estimated 500 million in redress to pay, and the current loan book decreasing Amigo are in serious trouble my friends??? I’m just letting you know it’s not good investing your o get to attached?? I can tell some of you really are?
Certain MPs want this type of company gone don’t be suppressed if they go bust, in and out until certainty is here is my suggestion, feel free to do what ever you please though .
So what these amazing products Amigo are going to launch ? Amigo which has a redress Vregs in place stopping them from lending the products they know let alone anything else???
So Franky you agree Amigo can’t relaunch as the same business selling the same product?? Interesting???? And I’m Harvey price lol, your saying it a positive that the highly successful business model Amigo had will have to be completely changed if there allowed to?? Hhmmm interesting?
That was when this was in the 7s which is when I originally bought, I sold in the high 12s, and intended to buy again on the drop, the main reason being this is such a popular share people love it, people do what you want I’m just saying how I feel ?
There’s money to be made in a share like this, if your trading!!!the product it’s self I think has had its day ( the guarantor loan) new fca guidelines(2018) surrounding the affordability checks of both guarantor and the person getting the loan have destroyed this product.
What would be the the point in lending if you have to pay redress back to the customers for not carrying out the proper checks( if the person hoping for a guarantor loan passes those affordability checks why would they chose a guarantor loan).
Provident and nsf have already dropped guarantor loans.
I sold in the high 12s I can buy now at a much cheaper price than I sold for, this probably will hit 13 - 14 but I’m waiting for results, they haven’t mad mass redundancy’s and have a full operating office with no lending happening??? This cost money ??? And yes I could be wrong about the fca noted but I’m not, the fca will not with Amigo while redress is being held back there would be up roar.
I understand Amigo is a popular share yes, but buy low sell high don’t get caught up in Amigo, if you get anywhere near 17 sell and wait on the sidelines ( use the shares volatility to your advantage)it’s a traders share at the moment until there is more certainty, that’s all I’m saying.