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ndigo overvalued and ready for a fall.
THE CHARTISTS - Thu, 22 Dec 05 :
There is another point:
Some people are bragging, on here, that they are in ownership of a million quids worth of stock.
Fine but this is a bulletin board and anybody can say anything, and they do. We have no evidence but just supposing owner of such a huge holding is telling the truth and if, as he suggests, got in at the bottom? He will obviously take profits at some point but there is a problem. A shareholding of that size would be very difficult to dispose of in an illiquid stock. The dump would bring about a collapse which would defeat the object so just supposing said seller wants to dump them? He would possibly haunt this bb and ramp the stock in order to dump into strength - makes sense doesn't it.
Now the price fell rapidly the other day and I suspect that there will be more selling very soon. We'll see but for sure i don't believe anyone on a BB, particularly someone who is so determined to impress others - he does have his own web site to play on - so why here? He knows the influence of this site and I'm very suspicious of these multiple postings by what appears, to me at least, a self interested ramping group.
The stock might or might not have the potential they proclaim but their posts are desperate, panicky - not that of laid back sober people in long term investment.
Do be careful it's your money and it belongs to you, don't let smooth talkers take it off you.
Cheers. I'm off for to the shareclub and a pint, I will return home as sober as I left and I promise not to come on this BB in a drunken manner.
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