Accusations? 100% based?
Bit like saying that the ABs drew with SA because the game was played in the same stadium ABs lost last year.
When you are in a hole, stop digging!
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I'm going to nickname you "The Riddler".
Solid product with good dev path ahead, growing customer list, major players signing contracts who would do their own research, huge growth potential..all in my personal opinion.
Apart from the personnel risk you have mentioned, are there any other areas of concern Balance?
I warned and wrote enough about how incompetent the directors and management of NZOG & Pike River. For my efforts, I was accused of all manner of dastardly deeds.
http://www.stuff.co.nz/the-press/528...s-safety-risks
There were plenty of warnings but the blind pursuit of $$$ at the expense of everything else cost 29 men their lives.
Winner69 would tell you that a certain poster (banned) warned of the high gas count way back in 2008 - 2 years before the mine blew up.
Too much hype - compare and contrast with the stocks like Diligent, Xero, Serko, ATM - they are very clear where their competitive advantages are and work towards clear objectives.
What happened with the deal they did with Telkom Indonesia with its 147m plus subscribers customers - you know the drill of what happened after the announcement.
Not much has changed imo with the modus operandi with this company.
Bal, The real truth of P River was/is the fact that one Labour minister { female } would not let the mine be open cast , in order to "protect " shi!!y second grade/cut over Rata/Beech trees . No matter the gas build up in the mine if it had been open cast wouldnt matter as there would have been constant release of those gasses. nough said.
PLX sure getting hammered over the last week, whatsup ?
Last update (22/07/2019) - The Company now has over 128 million end users on its platform in over 54
countries
If you look on their website now - Plexure powers mobile engagement in 78 languages to more than 132 million users in 56 countries worldwide.
Looks like they are definitely growing their users in the background?
You say hyped up, but it’s only just caught up to the facts about the present and the potential for the future. Are you looking for a re-entry after selling 1.20?
Traders like yourself are adept at timely posts that sow seeds of confidence or concern, like for example your posts on ‘get your income while you can’ but now it’s ‘get out while you can’, so nice ride up the gentaillers but you’re out of them already and fossicking around PLX looking for a low buy?
A frothy tech stock isn't really a safe haven. And when everyone's favourite racist uncle is starting trade wars and threatening economic chaos yet again, frothy stocks are surely going to be hit the hardest. It'll all come right when he makes the "greatest, most beautiful deal ever" or some other meaningless statement and the music keeps playing.
maybe my choice of words was wrong instead of overhyped maybe i should have said it had been showing a bit to much exuberance of late. anyway to explain it more i answered whatsup question tech stocks are being sold off for reasons mickey crikey has mentioned.
In NZ In the last mth
PLX - 17%
PPH - -7%
VGL - 7%
IKE - 5%
plx up the most this yr so of course its going to fall the most when sentiment changes , is it short term sentiment who knows.
In aus in the last 10 days
APX -17%
WTC -15%
ALU -13% ETC ETC
when defensive is the trade tech will suffer full stop.
In answer to your other questions. (get your income why you can ) was very wise in hindsight and i still own gentailers and i might only sell when rates start going up esp if rates are going to zero.
and your second part if you re - read the comment get out why you can was in reference to the poor liquidity on the nzx and i said when the nzx falls one day it would be hard to get out.
As an aside im surprised a person like yourself who looks at charts did not notice the over brought situation of plx at 1.10 - 1.20 and the exerburance of the asx tech stocks at the same time clear warnings signs of top coming so knowing this you would understand this correction was due at some stage , prices dont go up in a straight line. I would think long term investors understand corrections happen and is part of the journey.
I wonder how valuable this user data is compared to the likes of Facebook and Google??!! As this variable increases.... if PLX can work out how to monetise this to a broader advertiser segment.... revenue's could grow very quickly.
It'd be interesting to know what cross over user data is shared between PLX advertisers.