Everyone has to make up their own minds about where to invest their money and to do their own research. However, other peoples ideas can be useful in bringing possible growth ideas/stocks to ones attention. Yesterday I took a closer look at CYC after reading some BB comments and decided to invest.
CYC's main activity is to bring Chinese companies to AIM & OFEX, as well as NASDAQ in the future. One recent flotation of theirs was 'China Wonder' a Chinese packaging company at 24p and the sp quickly zoomed up to over a Pound before settling at 80-90p. CYC intend to retain stakes in their flotations and their share of 'China Wonder' must be worth over £1m? It would be good if CYC were to use Allipo in their floats?
CYC's share price was apparently 0:75p a year ago and is now 3:75p but with a few more 'China Wonder' type floats they might be a 'five bagger' again this year? On the other hand they might run out of money and go bust. Personally, I don't see much downside and hence my decision to invest.
I see in today's Daily Telegraph there is a review of where to find stock information online. Edited by Mr Harry Wallop the article mentions uk-wire; investorease, citywire,IC, digitallook and hemscott. Either Mr 'Codswallop' is ignorant or the likes of the DT are a bit worried about the future impact of ADVFN upon their own business's and don't want to mention it for that reason. I suspect it is the latter?