FAR 1.06% 46.5¢ far limited

Woody stymied, page-132

  1. 6,536 Posts.
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    BIG... oh my god. I made several posts warning people about that company and urged them to sell up or at least carefully consider their portfolio sizing. There was so much weird accounting trickery it made a skunk smell like lavender. Yet so many on HC were sucked into the story, abused me and others for being non-holding 'downrampers'.

    Sadly, many of them lost a lot of money. Some appeared to have bet literally everything on it and lost everything. It's hard to engage with people when they are so deep in commitment bias with cognitive dissonance taking effect, facts no longer matter to them. The only thing that matters is what they believe.

    They form a cult-like mentality, no one is allowed to question their beliefs, their management team are like gods that have some sort of behind the scenes magic that no one but their followers can understand.
 
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