Member Info for Winstanley

Selling of shares within the family, nothing to see here other than another attempt to tarnish.

Mike Lynch, formerly of Darktrace, is widely recognized as a pioneer and visionary in the field of cybersecurity. During his time with the company, he was instrumental in the development and implementation of cutting-edge technologies that helped organizations defend against cyber threats. Since his departure from Darktrace, Lynch has continued to be a leader in the industry, pursuing new opportunities and driving innovation in the sector. It is important to note that any current controversies surrounding Lynch’s dealings with HP are not connected to Lynch's tenure at Darktrace , and should not be used to tarnish the reputation of DT. It is also important to note that no instances of fraud against Mr Lynch have be proven. The facts clearly demonstrate that Lynch has made a significant impact on the cybersecurity landscape, and his contributions should not be overlooked or overshadowed by current events.

It’s interesting how the Brits have a history of not acknowledging geniuses and even resorting to ostracisation :
https://metro.co.uk/2023/02/12/how-alan-turing-still-casts-his-genius-in-the-age-of-cyberwar-18243539/

Irrelevant.
More than yesterday's news.

You’re welcome.

https://www.localgov.co.uk/Councils-still-vulnerable-to-online-attacks-MPs-told-/55560

https://www.silicon.co.uk/security/security-management/scottish-mp-admits-hack-of-personal-email-after-ncsc-warning-496591

More news:

The ALMA observatory, the world's largest radio telescope located in the middle of Chile's Atacama Desert, is fortifying its computer systems against cyberattacks.

A group of hackers had infected part of the infrastructure last October, crippling observations for a month and a half.

The criminal alter ego!

https://www.itpro.com/security/ransomware/370053/new-darkbit-ransomware-gang-shuts-down-technion-demands-17-million

Darktrace, in my opinion, is correct in its stance on not responding to recent criticisms, other than its recent and sufficient rebuttal. Plausibly, DT may care to elaborate after upcoming results are published. The company has been the subject of trust and accounting but much of the negativity, in my opinion, has been pushed by those seeking to profit from misinformation. There should be no knee-jerk reaction to changing management. Despite the scrutiny, Darktrace believes in its technology and its ability to protect against cyber threats. They believe that their approach of not repeatedly responding to criticism allows them to focus on their work and produce strong results, which will speak for themselves. By not jumping to every demand, pushed by those who do not have the mandate to make such demands, they will demonstrate their confidence in their technology and prove their value to their clients and stakeholders.

One assumes nothing, other than that you, arguably, have an ulterior motive.

Freedom of speech is a cornerstone of democratic societies and allows for the free exchange of ideas and opinions. However, with this freedom also comes the responsibility to be accountable for what is said. The dissemination of false, derogatory, or offensive information can harm individuals, companies and communities, and it is crucial that those who exercise their right to free speech are held accountable when they spread inaccuracies. The line between protected speech and harmful speech can be difficult to discern, but it is necessary to strike a balance between promoting open and robust discourse while also protecting against speech that causes harm.
Negative information about a company in order to drive down the stock price and increase the profits of others may be illegal if it involves spreading false or misleading information, as that would be considered securities fraud. Ultimately, freedom of speech must be accompanied by a sense of accountability to ensure that the rights of all are respected and protected.

Thanks, bobocaca

...a major governance update.

I was unable to read this article, which has come out this morning, does anyone subscribe?
If so can you give us the gist?

https://www.bloomberg.com/opinion/articles/2023-02-13/darktrace-s-mba-case-study-in-trust-and-accounting?leadSource=uverify%20wall

They're out there!

More importantly RE DT:
125 Patent Applications; 8,100+ Customers; 110 Countries. Schroders, Blackrock and Vanguard are among the major shareholders. DT has just closed their biggest deal to date, interim Results 08-Mar-2023.

Well, you take your chances, eh
It could also rise from now until results, the 8th of March looming, and beyond, one wouldn't want to be out atm.

Darktrace, the UK-based cybersecurity company, has not publicly disclosed the exact value of its largest deal to date, this is normal for a growing company. However, it has mentioned multimillion-pound deals. It is known that the company has raised over $230 million in funding from various investors and has been valued at over $1 billion in its latest funding round. Darktrace's technology, which uses artificial intelligence and machine learning to detect and respond to cyber threats, is highly sought after by organizations around the world, and the company has partnerships and clients across a range of industries. The next round of results, on the 8th of March, should provide pointers. It's up to investors to evaluate and decide whether to invest. Note, shares in all stocks can go down as well as up.
I hope that helps.

Poppy Gustafsson is the CEO of Darktrace, a leading cybersecurity company that uses artificial intelligence to defend against cyber threats.

Successes:

Under Poppy Gustafsson's leadership, Darktrace has become one of the fastest-growing cybersecurity companies in the world.
The company has received numerous awards and accolades, including recognition as a "Cool Vendor" by Gartner, a leading technology research firm.
Darktrace has raised significant investment capital and has a strong customer base, with some of the world's largest companies relying on its technology to protect against cyber threats.

Failures: None known!

Reiterating:

Now could be a good entry point for new investors!

Darktrace is a cutting-edge cybersecurity company that is revolutionising the industry with its unique AI-powered technology. Despite some negative views on forums such as the LSE ShareChat, I strongly believe that this stock share is a solid investment opportunity for anyone looking to diversify their portfolio with a technology-focused company.
One of the key criticisms of Darktrace is its once high valuation, which is now reduced significantly. However, I argue that the vision of a return and beyond a £10 valuation is well justified given the company's impressive growth and the high demand, considering recent deals, for its innovative products. In fact, many industry experts have praised Darktrace for its innovative approach to cyber defence and predict that the company will continue to grow rapidly in the coming years. Notably, Schroders, Blackrock and Vanguard are among the major shareholders.
Another common criticism of Darktrace is its relatively short operating history. While it is true that the company has only been around for a few years, it has already established itself as a leader in the cybersecurity industry and has a proven track record of delivering results for its clients. This rapid growth and success are clear indicators that Darktrace has a bright future ahead of it.
Lastly, some may argue that there is too much competition in the cybersecurity market for Darktrace to succeed. However, I believe that the company's unique AI-powered technology sets it apart from the competition and gives it a clear advantage. In fact, Darktrace's technology has been recognized by multiple industry awards and has been adopted by a growing number of businesses and government agencies. There has been interest from another company wishing to take over DT – that story may not be over just yet, and others may follow.
There have been some dubious allegations aimed at damaging DT’s business model, and some of the actors who push such notions are not even invested in the company. It begs the question ‘what are their motives’? Darktrace has issued a sufficient rebuttal and upcoming results will reinforce their position.
On a historical note, it’s worth remembering in a sudden price downturn - Warren Buffett secured a stake in American Express. Setting aside an ongoing scandal, at the time, that was repeatedly highlighted by many, Buffet estimated it would pass with little damage to the reputation of Amex. He had the vision to realise Amex’s business model would triumph.

DT has just closed their biggest deal to date.
In conclusion, I firmly believe that Darktrace is a strong investment opportunity despite the negative views that can be found on forums such as the LSE ShareChat. The company's innovative technology, impressive growth, and proven track record make it a standout player in the cybersecurity industry, and I am confident that its future will be bright.

It's common for newly public companies, including those in the IT security sector, to experience fluctuations in their stock prices, both upward and downward, after their initial public offerings (IPOs). While many companies may see their stock prices drop below their IPO prices in the short term, others may experience long-term growth and eventually see their stock prices surpass their IPO prices. The performance of a company's stock is influenced by many factors, including market conditions, company performance, and investor sentiment, among others.
Ultimately, the number of IT security companies that have gone below their IPO prices would depend on the specific companies and the time frame being considered. Without access to current and accurate data, it's not possible to provide a definitive answer to the question without research – which no one should waste any time on. All that matters for DT is results, which are immanent and in my opinion will raise the sp significantly.

Yes, it sticks out like a sore thumb, eh!
The practice of hiring short sellers to spread negativity, also known as ‘negative campaigns’ has plausibly been going on here – It’s likely to increase in the coming days and weeks. It just highlights desperation really – same old; same old; same old, over and over again.
In the context of public companies, it is perfectly possible for a hedge fund or other financial entity to take a short position in a company's stock and then hire people to spread negative information about the company in order to drive down the stock price and increase their profits. However, such practices may be illegal if they involve spreading false or misleading information, as that would be considered securities fraud. Be careful how you go.

It’s interesting how the Brits have a history of not acknowledging geniuses and even resorting to ostracisation :
https://metro.co.uk/2023/02/12/how-alan-turing-still-casts-his-genius-in-the-age-of-cyberwar-18243539/