RE: Trades27 Jan 2021 18:40
Ismalia..
I wouldn't be too hard on yourself regarding Nakama.
You made a very decent profit percent, and there's no way of judging the future.
I think you made a sensible decision getting out... You never know when they're going to crash.
Let's face it these type of shares are acting like Quasi pyramid schemes..
Certain shareholders (probably some of the usual crew) will be offered Placing shares @ big discount, and with an emperor's New clothes scenario+FOMO, other than jump on to the bandwagon, creating its own momentum.
The ridiculous valuations of these RTO vehicles become nonsensical, but it doesn't really matter..
You just have to play the game until the point when it feels like the critical mass has been reached