NEA 0.24% $2.08 nearmap ltd

Yes, I also saw this article back on the 2nd of July. What was...

  1. 267 Posts.
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    Yes, I also saw this article back on the 2nd of July.

    What was interesting to me was the fact that Sean O'Neill has highlighted 5 specific companies:

    After naming these companies, Sean then makes a few generalised statements by saying that:

    "...most of them are unprofitable..."
    and
    "...each of those companies has dozens of imitators lower down the market..."

    Then after portraying a feeling that these companies are risky investments and "car wrecks waiting to happen" the reader is then presented with a disclaimer on the bottom saying:

    "Motley Fool contributor Sean O'Neill owns shares of A2 Milk, Nearmap Ltd., and Xero. The Motley Fool Australia owns shares of and has recommended Nearmap Ltd."

    Now if Sean was trying to influence readers into taking some sort of action, then I seriously cannot be more confuse after reading this article. I mean, is Sean telling people to go RIGHT while he himself is going LEFT ?

    Anyway, one thing I did find interesting was the fact that the NEA share price hit a minor low of $1.105 on the same day that this article was published (having peaked at $1.18 in a previous session). Coincidence? Or is this a minor stunt for 'someone' to pick up a few more shares at a slight discount?

 
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