Ann: Sale of Yogi to Padbury Terminated, page-22

Whilst I don’t feel the need to justify my post, to you in particular, it is clear that you have simply fired off a reply and not researched or considered my post.

I’ll also ignore your childish taunts, jskf.

My post did not infer trading was gambling – that is solely your incorrect interpretation of it.

One of the great things about HC is that member’s posts are recorded for reference. If one does some research one can gain useful information about members, their posts, their comments and their opinions that are or were expressed.

Clearly, you have not done this before typing.

So, based on research, one can see that in turtleboy’s case, if you check his ‘very first’ post on PDY, which sadly for him was on the morning of the 11th April 2014, he actually states in that first post that the announcement does not contain enough detail and that consequently it’s (PDY) not for him. His PDY declaration at that time was ‘Not Held’.

As we all now know, PDY went into a trading halt around lunchtime that same day and obviously trapped many traders, including but probably more so, the day traders.

I do agree with some of your comments regarding disclosure and there being a need for ‘rules’. However, I am not prepared to state categorically that PDY’s announcement was, as you have inferred “lies, fabrications, or misinformation”. That is an opinion and is for our toothless regulator to rule on, or in this case as it would seem, ultimately, the courts.

Sadly, it is now obvious that turtleboy did not go with his initial ‘gut feel’ about the accuracy of the PDY announcement of the 11th April 2014 and decided to buy in that morning. His 2nd post on PDY later that day declared ‘Stock Held’.

So whilst I am sympathetic to turtleboy’s plight, it is tempered somewhat by his own actions, which were in fact against his own initial ‘gut feel’.

It is in this context that my post was structured.

Cheers,
Mac



Please dyor – particularly with this one