I want to know the five that you think are going to go belly up....

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OzJ

1,818 Posts.

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27/05/18

23:17

Post #: 33328639
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Originally posted by Barren_Wuffett ↑

The funny thing is that alot of the posts that were negative on BIG before it was exposed got moderated. There were posts on here giving clear cut warnings but they all got ignored. It doesn't matter if you're a holder or not the point is to discuss the stock and give your well thought out opinions for or against, otherwise it just ends up as being cheer leading squad.

At the end of the day, most people just couldn't be bothered watching the review videos. Maybe they watched one or two but nobody put the time in to actually sit down and ask simple questions about the product. Everyone was too busy looking at the chart that pointed up. Who here actually owns or works in a small business and used the service before, ie bought a video package before investing? I bet no one. Who here is actually a yelp user or who has actually posted more than 2 reviews online? I bet hardly anyone. Who here actually has any experience with videography? Probably only a couple of people. Go back and read all the posts on this stock. It's mostly about the "next anny", or the "next level up" etc. Mostly rubbish.

Investing in these high risk tech stocks really does require a certain type of 'nerd' personality and doing extra homework. It's fast moving industry and it's easy to get clouded by a smoke screen and get lost in the vast amounts information online. The lesson here is that so many people just jumped straight in without even thinking. And that's the problem, it will likely happen again. I could easily name 4 or 5 tech stocks right now on the ASX that are about to go belly up just like BIG. Anyway, the point is that if you can figure out why the bad ones go bad, then you can see when a good stock goes good. I'm here because I find this stock so intriguing, not "sticking the boots into holders".

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I want to know the five that you think are going to go belly up. And why.

BIG Price at posting: $2.22 Sentiment: None Disclosure: Not Held
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