hunterxjames wrote: Of course I am for real. If you would like to argue about losses, Tesla lost more value than what acdc lost. Dmgi, also part of the ETF, also lost more than what ACdC lost. There are also plenty of stocks that lost more than what Acdc lost, i can name a lot but came back up like stronger. You may wanna look at LNK and NDA,they lost a lot but they rose up then lost again then rise up.
my friend, open your eyes , dont single out just one stock to justify your argument of heavy losses. I can name a few more if u want to see more stocks with heavy losses, Pyrogenesis, Hpq, Bes, Facedrive, American Manganese,Manganese X, Cielo Waste Solution, Xebec Absorption, Vision Lithium, St George mining, oh man there's a lot i could end up writing a novel here with plenty of chapters. Are these fakecompanies? Of course no, they are real and lots of them even have bigtime revenues and bigtime people joining their team. Cathie's ark is invested on Pyrogenesis which owns a stake at Hpq.A former tesla guy joined american manganese ,Peter Mackay if you know him joined cielo waste solution and it's backed by the alberta government , have you also heard about the new guy who came from tesla and joined Daymak? And do tou know daymak is a partner of Acdc? Or even the politician's son invested on St george mining. I guess you did not know all of these and other companies whose sp came down bigtime but it's still up and running. My tip for you, if you dont know what's happening to other stocks and the people joining them, dont even bother to invest, because i can see that it's just pure luck that will make you gain profit , because you just single out one company and does not even realize that other companies included in an ETF or not, have bigtime people on it or not , also have bigger sp drops than the sttock you singled out.
hunterxjames wrote: Pachuko wrote: are you for real?? Megatrend is not Fidelity my man!! It is a very small Irish ETF that has little history and shouldn't be looked at as a reason to trumpet ACDC. they are just investors and so far their selection of ACDC to put their money into has not looked good. Would you invest in an ETF that has lost about 30 percent of the value of their initial investment in under a month? If they bought in through the pp which is possible they have lost 40 percent of their investment already. You are using that to say that ACDC is a good buy??
ACDC is loosing 5 to 10% of value a day. When the news is this ad the least responsible investors can do is simply admit it. When a stock value drops 70% in two months you would think.......