CI1 General discussion, page-1280

The following is not financial advice and should not be relied on, everything I say could be a lie and untrue, please make your own decisions and do your own research.

I don't really think I agree with what your saying, it seems a lot of blue chips also loose money too, I mean was zip a blue chip? It definitely felt pretty viral and at one point had a huge mcap in the billions and it's had the same share price crash as ci1 and huge cash burn. It's also not true that your saying ci1 isn't growing, their revenue is growing year on year and they've been investing a lot of money into expansion. I think the model is good because it uses internal cash flow to grow, same exact way I grew my business to get the money I invested here in the first place. I may be new to investing on the asx but I'm not stupid I've grown a business from nothing with basically no money to 200k revenue a year within 3 years with profit margins even better than ci1 and basically zero overheads at this point and I'm only getting started, I actually know more about business and finance than the average worker going round, I put money into this company because on paper it made sense, I'm saying this to show that I understand money and business and look I could be wrong about everything but I can only go by what my eyes see and my brain thinks, I'm actually trying to give the others who have lost a lot of money on a here a bit of hope because I do still think this stock is a sound investment now more than ever actually. I agree the management is taking some of us for a ride for their own gain but it's not even close to what's happening on some of the other stocks. It's actually easier to do what all the other players are doing borrowing loads of money just to boast a huge revenue increase, I don't care for revenue, I want to see profit, I actually don't see why any business should ever report a loss, I know they do it to rob the company and the tax system, I get that. But I decided to ditch all the loss makers and just stick to what is simple grows slow and works well, this stock is not trying be something it's not, it's not trying to be like everyone else wasting money and dropping flashy announcements yet to prove profitability. This stock is for sensible patient people who truly understand how to grow. If you haven't been in business, haven't done your own taxes, haven't read and learnt how the system works then maybe you are better off buying something else. And if I'm wrong about anything, I love that, because im here to discuss and learn from others, but please don't look for a scapegoat, bring some new information to the table and start spreading some positivity or just move on to something flashier.
On a side note, I think people need to stop referring to the ATH of a stock it's by no means a good measure, just because on one particular day people were paying way to much for something doesn't really mean much, it was obviously sold by insiders because they knew it was stupidly overvalued. My valuation for this company sits at about 30 million and I would be selling it anywhere in the 30-50 million range, until then I wait.
If my contributions have rubbed anyone the wrong way, I'm sorry in advance, these are just my opinions free of charge.