Fair enough Chris, there is something to be said for conviction, even gave you a TU for it.
Although, in fairness to the original post it was based on information provided by the company and the auditors in the Annual Report and not HC speculation.
Also the Accounting degree in this situation (the Auditor) is red flagging to investors that they may very well loose money in this case as distinct from making money too quickly.
True we've heard the going concern comments before over the years, but the share price is down about 90% since then, which we can't deny. (i.e. isn't speculation).
So far it seems the Auditor's report might have been worth listening too these past few years.
"Plenty of people have had their noses in cccs trough". Thankfully the Annual Reports help current and potential investors make their own judgements.
As for the "You are either in or out" comment isn't the truth that the vast majority of shareholders are "in" because they're still stuck (bar those who have entered in recent months)? What's more they're stuck worse than they were in 2011 and even worse than in 2012.
So would you honestly tell family members to jump in now? If you knew what you knew now,would you be in? Face it Chris, chances are most investors are stuck, we're on a promise and time is running out, otherwise every asset that hasn't been written down wouldn't be up for grabs.
Fair enough Chris, there is something to be said for conviction,...
Add to My Watchlist
What is My Watchlist?