Wonder how Scobie Ward feels about Plexure now
Hope he doesn't feel he has to sell out
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Wonder how Scobie Ward feels about Plexure now
Hope he doesn't feel he has to sell out
BAL, NO ONE SAID IT WAS, IMO Zero and this is from a long standing S Her circa April 2009, is just an example of a company that almost went broke a couple of times , we all know that they are different business models but some take more money and time than others ie PEB etc.
1 order 360,000 at $0.570
One of my informal indicators - if posters feel the need to start to shout, than this is a pretty reliable indicator that company is moving towards the "roll up their toenails" - phase. This is what 19 out of 20 start-ups tend to do.
Make no mistake - PX1 is still a startup, and even a pretty slow one ...), and only 5% of startups do succeed (and even a smaller number of them turn into a XRO, amazon or google).
Just wondering where these 95% of startup investors are who bought into the loosing startups? Anybody ever heard from them?
Imagine - you are standing in a group of 20 people and you know 19 of them will be randomly executed. Same chances to win - do you feel save with the business model?
Another way to look at it might be - you have twenty dollars to invest and put one dollar on each of 20 startups. You know 19 will go down statistically. Will this startup pay back not just the dollar you paid for it, but as well the 19 dollars you lost in the other companies?
Maybe this thread should better be used for contemplation instead of for shouting :):
You are right - Craig has not been doing any international travel vs plenty before Covid.
https://www.nzherald.co.nz/business/...FQNFU46RQ3HN4/
"Craig's gone from constant air travel to no travel," the director said.
Something really smells with his resignation with immediate effect.
Excerpt :
"Plexure director Jack Matthews told the Herald that people shouldn't read too much into the seemingly abrupt nature of Herbison's departure."
"This didn't come out of thin air. Craig has expressed concerns about work pressure and wanting to spend more time with his family for a while."
Really? Anyone read or heard anything about work pressures and him wanting to spend more time with his family?
PX1 shareholders, particularly those who bought shares in the $1.20 placement last year, deserve better than ‘spend time with family’ reason for his sudden & unexpected exit.
I don't know if that is much of an indicator but maybe. If you hold enough companies, some will give you a good feeling over and over again as they execute well, demonstrate competence, good communication and endurance and some companies make you feel quite the opposite as they stumble along. Best thing you can do is hold companies that make you feel good. Drop the dogs and don't look back.
After I read these posts I felt frustrated with some of these forum posters..I said to myself "I love to shout"..Then my inner voice said "Go ahead you have my permission"......."Ok thanks"...
NEVER FALL IN LOVE WITH A DOWN TRENDING STOCK.
Buying long term into a down trending stock is equivalent to venturing into a forest where bears live, the risk of being mauled is very high...anyone with any common sense will know this.
If you have this masochistic desire to purchase PX1 at least wait until the down trend ends and reverses.
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