The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
you know what, i specifically avoided any personal, *****y, ridiculous phrasing or comments. and you start your response with "its fleccy not fleecy if you want to be taken seriously."
why is my mispelling of your made up name anything to do with my credibility? do you hold yourself in such high esteem? oh my god. i am not even going to waste my time reading your reply fleecy. go shout at some cars or something. dick.
I know I dont post much, but I do read a lot of the content on here. I express my opinion of "Weak Buy" because of the risk that comes with AIM investing. I am a holder. I do believe that Crypto Currency, in particular Bitcoin, has a long term future because adoption of BTC is always growing. It will hit some bumps along the way of course, but doesnt everything?
Obviously thats only my opinion, formed by my own views, research, judgement etc. I am not saying I know for sure obviously. Nobody does.
Fleecy, I have repeatedly applauded your opposite view of Crypto if for nothing else than balance. I have also been critical of some of the criticism you have received. I am not a keyboard warrior, a troll, or anything other than an ordinary member of the public trying to make good choices....So please explain the following to me:
1. Bitcoin is struggling to stay above $30,000 - So what does that mean? It was $16,000 at the beginning of the year, so its nearly doubled since then. Doesnt that give you a better indication of its validity rather than just a single day support or resistance level? I know it has peaked at over $60,000 a couple of times, but it has also been valued at less than $10 - so its still valued significantly higher today than it was at its first inception... So I am not sure why its relevant to say its struggling to keep its head above $30,000 means? (I am not a BTC holder btw)
2. Your statement that Crypto is illusory and based purely on belief - EXACTLY the same could be said for almost every other currency in the world - these are called FIAT Currencies - which I am sure you already know:
The word “fiat” is Latin in origin and refers to an arbitrary order issued by a government or other authoritative figure. When applied to paper money, fiat currency refers to the scary notion that our dollar has value only because the government says it does. (Posted from https://www.techtarget.com/whatis/definition/fiat-money-fiat-currency).
This may be worth a read too: https://www.techtarget.com/whatis/definition/fiat-money-fiat-currency
3. How did you determine that retail are shying away from crypto with enthusiasm falling off of a cliff? I did a quick search and can only find articles suggesting adoption is growing and that there are a number of trends that will further accelerate this: https://www.funds-europe.com/opinion/3-trends-that-will-accelerate-crypto-adoption-in-2023 for example. If you have anything more current then I would be happy to look at anything, just to help me form a properly balanced opinion.
Anyway, I am not ranting or having a dig or getting into name calling. I always read your posts and find them interesting, so thought I would pose some direct questions to which the answers may be enlilghtening for me.
Swederew
Exactly my thoughts... Why no fundraise through rights issue when the shares in issue are so low. Possibly posturing as many have suggested, but it does leave me
feeling a little unsettled.
I bought into these at 18p so am well underwater at the moment. I say that because I want to assure everyone that I am not deramping here. If you have been trading this since 1p - good on you, I wish I had... But one thing that stops me buying more is there recent issues to raise cash in very quick succession. I think their products are fantastic, they have some good partnerships and awards, but do they have enough money to execute.... That's my only concern. I really hope they do and whether you are investing or trading... Good luck all.
@BillBursio - I did think many of the articles claims were quite sensational. Thanks for following them up and posting - very informative and logical. My favourite type of post :-) (I am being totally genuine in saying this - just in case that isnt clear!)
Here is a an artcle from "The P&J" paper from later this afternoon:
https://www.pressandjournal.co.uk/fp/politics/scottish-politics/5624656/amte-power-thurso/
Made me feel a little better about my decision to invest - and the exposure is fantastic given the lack of any other meaningful news/discussion.
Well that's some top class strategic thinking by Mr Hunt. Is there anything he touches that doesnt fail miserably?
Thanks for posting your opinion. Really cheered me up. Clearly a well informed individual stating your view on a topic you have obviously spent many hours, if not days in researching before you just couldn't help yourself but to share with us all for the greater good. I love being insulted by somebody I have neither met or spoken to about anything. Ever. Thanks again. I look forward to reading your future doses of positivity and encouragement.
Can the people who undertake name-calling and bickering on this board put a note and the beginning of your post, just so people don't have to waste time reading them. Opinions, ideas and grown up conversations are so much more worth the time.
Some of the people on here do make me laugh sometimes. "Lack of Communication, No Product" yet the share price has almost doubled in the last month....Which is a fairly healthy rise by any measure.... If you are of the opinion that its junk, either sell up and take your profit or if you arent a holder, why waste time with declarations of your opinion? Do you think anybody actually cares?
I try to only read posts that contain at least some supporting evidence in support of a stated opinion - positive or negative. As long as its objective and logical. Sometimes though, I unintentionally read posts that are just drivel.
Personally I hold just under 400,000 shares at an average price of 2.4p and would like to see the company do something truly transformative. If they do, great. But they might not. There in lies the risk of investing in penny stocks.
GLA
Not sure if I am missing something here, lacking some context or some piece of recent history I am not aware of.... But why such strong feelings on Fleecy?? I havent ad any of their posts and thought "BAN THEM!!, Whilst clutching my pearls in disgust" Personally I think opposing views bring balance. Will bitcoin prevail...? I certainly hope so, but I am in no way sure. Certainly not sure enough to buy any for myself... :-/ But Fleecy may turn out to be correct... or even partially correct. As to their motivation for continual negative position on crypto - i dont share the exact same view, but I do get it. Lets all be a bit more about the debate and objectivity rather than being offended if somebody doesnt share all of your opinions... wouldnt that be nice... :-)
Comparing FIAT currencies to crypto is t really a fair comparison. Regulation in the crypto markets, unless implemented and adopted globally, will never provide and holder the same degree of guarantees as any central/national bank does for its own currency because as fleccy says, it's borderless and due to the way we as a race (inherently suspicious, tribal and protectionist) there will never be global agreement on regulation of any real meaning. I guess everything ultimately is dicrmtated by ones appetite for risk. If you are tempted by the crazy returns that could be available in the crypto market and happy to risk everything, Crypto. If not, then fiat.
Adoption and acceptance is going to drive the next cycle and as far as I can tell, the only any where near viable option is BTC.
Again, not a holder of any crypto currencies myself. Hope this makes sense.
Thanks for posting. Really interesting thoughts. I neither fully agree nor disagree. There are lots of valid points and nobody really knows what the future holds in terms of crypto. The recent scandals (and there are many FTT, OneCoin etc have and will continue to have a negative impact on the whole sector, but with hindsight, it's very easy to see the flaws in both of those coins (zero Blockchain and zero control over creating and issuing the underlying coins to anyone caught up in the FOMO wave.) At least bitcoin has some auditable foundation to its existence. More so than many fiat currencies in general use today in fact. Obviously crypto sentiment is at a very low point.. but adoption as a useable currency is growing and increased adoption, along with a limited global supply will eventually lead to it increasing In value (i think anyway - I am referring just to BTC here to be clear.) I don't own any BTC myself but am invested in QBT, nothing I can't afford to write off, but enough to keep it interesting... So I welcome anyone who has an opinion based on solid logic. And thank you Fleccy and everyone else who takes the time to post in a grown up way..!!
Apologies for my poor phrasing in that last post - here is the edited version:
Just my thoughts - may all be total nonsense.
Having a very quick glance at reported trades over the last week, there are quite a few largish buys (10,000 shares +) but given that this doesnt really translate to "huge money" it may be nothing... but it does look fairly consistent, so i guess that would be considered positive - It may be leading to the MMs being short on stock unexpectedly so the SP is going up.
Also, AGM (Another Graphene play) is on the ropes - maybe some of the legacy AGM investors are looking for an alternative Graphene opportunity?
There has been a steady, albeit not particularly spectacular stream of announcements over the last few months.
My preferred reasons :-) - they are just about to announce a multi-billion pound contract for supplying graphene to several major construction companies.
And/Or
They have successfully tested a totally new graphene battery that is ten times more efficient that Li-Ion cells and costs 90% less to manufacture...
(We can all dream cant we :-) )