RE: The Hive Telegram Group - POW28 Nov 2023 21:07
Very much agree with wishihadent. Since the 2008 crash, the markets have been on a 15 year bull run with a couple of corrections along the way. Bear markets usually last 3 to 5 years depending on circumstances. The signs where their the back end of 2019. Some say a bit earlier. Covid was one.,Putin invading Ukraine was another. Rising oil prices putting pressure on prices/inflation etc is another. You go on ANY AIM bb ( as well some fts 250/100 caps) and you will see MOST posters taking their frustration out on the bod. Some is valid I agree. However people should not blame the CEO,S for not taking notice of what's happening around the world as it ALWAYS has some effect on stock markets. Like many others, I to am in negative on some of my investments. Some have done well,in this market. Probably would be better if in a bull run. Which will happen. Its a case of when. Nobody tells anyone to buy shares in a given company. YOU and YOU alone decide to buy. If you get caught up in the hype, then that's down to the you. As in all of us. I got caught a few times on oil stocks years ago. Talking about huge potential of large oil finds. Prices shoot up on the CHANCES of hitting oil. Only to find nothing. But that's the point with exploration companies. Hitting that big discovery. I have stayed with POW throughout this down trend because Paul Johnson had a plan to build a portfolio of different metals/ commodities and precious metals in SAFE destinations. Spin-off those into separate companies to go on their own and rise their own money to take that company forward without constantly raising cash to fund them all. But still retaining a large slice of the cake so to speak. IF POW was a one track pony I would of slod up long ago. But its not. If all goes belly up then that's my fault. I made a wrong judgment and expect it and move on. I have never blamed any bod for my loss. That's down to me alone. Nobody gets it right all the time. Best of luck to all