NZX and Sharesies need to do something... its a bit wild west
Originally Posted by whatsup
Could there be a court case here for the poor sods who bought based on the published mistakes made in the company accounts, should not they have been proof read by the company first?
I really think Sharesies can be a good thing - my 10yo investing most of his birthday money is a case in point... but you just cant account for folks
This is the bit that worries me. A 10 year old investing is a GREAT thing, but what I'm seeing with the trend following, Facebook driving, fundamentals absent, euphoric herd like ignorance is the exact opposite of what the 10 year old should be learning.
I just hope that this period doesn't turn off a whole generation who decide that investing is a scam - that would be a real tragedy.
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Never try to teach a pig to sing. It wastes your time and annoys the pig.
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i didn't hold any share but was alert by the other discussion forum on this shares and people were crazy about it hence i went in and checked yesterday and saw the trading halt.
I think this is really wrong and someone should be held accountable for this "wrong information" and market was mislead by it for a considerable length of time and the company was alert to the movement of price and volume twice and replied "nothing they aware of".
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