Post by
JAInvestor on Oct 03, 2016 5:46pm
BEWARE NEW ENTRANTS TO THIS STOCK. Who to Trust? What to do?
I lost my life savings on this one, seduced by quick returns when everything was going right, then,
1) "Brexit won't impact us" > BAM Turns out Brexit impact was "Totally unanticipated"
2) "We are Firing on all cylinders" > BAM Delivered worst QTR on record two weeks later
3) "Sufficient resources to meet our obligations" > BAM Deferred Earnout instead
and now
4) "We couldn't find a buyer, but may have another solution to ease the burden"
I still hold shares I am sill long. I have lost so much money (-96%) I am better off waiting forever, but good grief. Please. Consider putting your money elsewhere, or at least park your money on the sidelines until something definitive comes out of this company other than smoke and mirrors.
Comment by
Marky1 on Oct 03, 2016 7:18pm
Hang in there JA...I feel for you...hopefully one day the SP will return to its past glory! Good luck...
Comment by
smallshort on Oct 03, 2016 7:38pm
Is all you have now is hope? I can tell you, it's better to review all official fillings on this instead of just "hoping" for a recovery. Hope and the markets don't mix.