So he is stating the obvious with a series of graphs expressing concern that he will be attacked for his opinion but at the same time saying he is invested in and believes in the company.
The stagnation of the share price is not news to me or anyone else here so the only reason you would go to the trouble he has is if he thinks we are all idiots and have not noticed and he does not recognise that actual investors are little concerned with the day to day share price movements of any particular company that meet their investment thesis and match their risk profile.
If this is his point he should say so. If this is not his point then what is it? The share price is obvious. What is not obvious is in his post is why he invested and why he continues to say he supports the company and considers it has a future. I just do not get the point of his post at all.
My logic tells me that if his starting point is that he holds shares and supports the company and believes in the technology that, that would be the primary substance of his post given the effort he has put in.
He would spend the time after he states the obvious that the share price has stagnated and for those who have purchased more recently may reflect a loss, he would go on to explain why despite this he holds and continues to believe in the company.
Bald statements of support in a situation where you go to such lengths to point out what he has about the share price ring very hollow I am sorry to say. The calculated effort put into his post confirms a person who does not fail to do their due diligence yet there is a complete absence of this effort when it comes to why he is continuing to believe. I cannot accept that he has not researched to death the companies commercial fundamentals, technology and opportunities yet not one word.
To a casual observer his post says the price has been going no where and lots of investors have lost money but I still love the company. To someone who is not a casual observer like myself who has seen many come and go over the years I am left as I have done wondering what is the point of this post?
My opinion only DYOR
FF
AKIDA BALLISTA
Chart, page-11656
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Mkt cap ! $483.2M |
Open | High | Low | Value | Volume |
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18 | 387457 | 0.240 |
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Price($) | Vol. | No. |
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0.250 | 1057101 | 20 |
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