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19/08/17
11:34
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Originally posted by eshmun
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Don't worry Nodferatu I'm planning to be able to walk away from this table.
I don't really want to be sucked into the scam or no scam argument but there is one ingredient that is essential to make a scam successful. You need someone to scam!!!
So far the biggest potential candidates for the scamees are Drake and they are in at a lot lower share price. Anyone scamming them would have already made their money.
If it is a scam, as others are suggesting, then it will have to trade with a hell of a lot more volume and suck a lot more people in before it succeeds. What was the value of trades on Friday ~$3k?, hardly going to make anyone rich this morning, right?
It's always important to try and look for red flags on the stock market but starting with the premise that something is a scam and going out of your way to try and prove it with spurious unrelated information is just showing bias. Bias is a dangerous thing, whether it be positive or negative.
Let's discuss potential pitfalls as long as they are actually relevant and let's keep it friendly and civil. Esh
P.S. That last sentence was not specifically directed at you so please don't take any offence.
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No offence taken and I completely agree.
It's hard to discuss the current facts here though as most appear to be able to read the future and translate that back to here as fact.
The market hasn't digested the last announcement as maybe some might have thought it would. The lack of any real buying pressure is odd. Seems the market needs more convincing yet.