NBS 0.00% 9.9¢ nationwide building society.

you are posting nonsense if you think ma and pa investors have...

  1. TBE
    3,734 Posts.
    you are posting nonsense if you think ma and pa investors have dumped more than 40 million shares in NBS over the past months.


    Since when do you invest on the basis of unknown information that may or may not be in the hands of a third party that doesn't disclose its investment rationale?


    Especially in the face of legitimate and substantial concerns about every commercial aspect of the company ranging from the technology, its "commercial" partners, owners and cnterparties.


    This is not a game of poker. You invest in the stockmarket on understanding the facts as they are available to you and making a judgement on the risk reward prospects.


    We are not in possession of facts that would validate the company's claims. There are gaping holes that diligent members of this forum had brought up months ago. As time has passed, the company has served only to muddy the waters further with its omissions and belated announcements.

    On what basis would anyone suggest NBS is anything but a SELL? On the basis that someone else is buying and since they have more money, they might know better?

    "LOLZ" indeed.

    a fool and his money soon parted.
 
watchlist Created with Sketch. Add NBS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.