9SP 0.00% 0.4¢ 9 spokes international limited

Ann: Successful placement and issue of shares, page-72

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  1. 852 Posts.
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    Wishing people to lose money on this clearly ain't cricket - but at least you've apologized in a roundabout fashion. It's hard to put any weight on your comments about an insider speaking to you, it's entirely hearsay.

    Having said that, I took a small bite of 9SP a few weeks back and sold recently for a ~19% loss. I hope it turns out to be the wrong move from me but oggede's comments regards to sign-ups vs ACTIVE users is very very valid despite whether you agree with the rest of his comments.

    Add in the fact that 9SP seem to be spending an inordinate amount of their capital paying themselves had me concerned and heading for the exit. I can put those funds to better use elsewhere and will look for a profit engine before investing in story stocks in the future.

    I hope this goes on to great things for all of you still holding and you end-up toasting my stupidity on your private yacht in Auckland harbour!
 
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