3dm Worldwide Share Discussion Threads

[eastod] 16/8/2007 20:03

I can't believe there are shorters still inhabiting this thread. Christ guys look at the share price in relation to the macro environment??? We have gone up! TDM obviously has got heavy institutional support and you're all fiddling here (quite possibly literally in the case of Guilty) whilst Rome is burning around you. I suspect all your talents might be put to better use elsewhere.

[db cooper] 16/8/2007 19:20

Dont get the hump, but dont you have to learn to ride the camel before you race it?

[the sixpenny knight] 16/8/2007 19:02

I have. Camel racing comes under "Flights of Fancy".

[giltspur] 16/8/2007 18:46

You ought to practise telling the truth.

[the sixpenny knight] 16/8/2007 17:49

Anything done well takes a lot of practise...and it's cheaper (sometimes). I practised losing money for many years, but I found myself getting poorer. I'm now practising saving it, and getting richer.

At some point in the future, I intend to practise camel racing so I can conquer Saudi Arabia...providing the oil doesn't run out first.

[db cooper] 16/8/2007 17:47

Well said Bluebell.

[giltspur] 16/8/2007 17:24

I am also a practising solicitor.

and so is TSK and their kid.

[potem] 16/8/2007 11:02

Bluebell & guilty : I can follow your logic, and respect your conclusions as to what is right for you. What I find difficult to understand is why either of you take such an avid iterest in any AIM company which obviously does not fit in with your investment styles.

As a lawyer I am pleased at the new opportunities which seem to be opening up in the states. Thanks for the lead!

[giltspur] 16/8/2007 10:52

Very well put Bluebelle, which is all i'm trying to say really.

[bluebelle] 16/8/2007 10:34

Gilts

I completely agree with you about AIM : it is effectively unregulated in any meaningful sense, which is why US investors won't touch it. I have holdings in very few, 2 actually, AIM stocks now and invest in them only if they meet the same criteria as main market stocks, with the exception of the fact that

1. I look very closely at the previous careers of the Directors : it's amazing how many have run similar outfits before and are trying to get history to repeat itself (to their advantage rather than that of shareholders), or who have never run a public company and show no signs of being able to run their current one.

2. I pay very close attention to institutional holdings. Unless there are some blue chips holding - and I don't include Cornell or the University Pension scheme in that - I go no further.

On the basis of TDM, I would also add that if I found that the company was being run by a lawyer I would avoid it like the plague. Salesmen sell. Lawyers litigate. I know which is more likely to deliver shareholder value.

By the way, you presumably heard that in the US scientists are using lawyers for experiments instead of rats. Apparently lawyers are more plentiful than rats; the scientists themselves get less emotionally attached to lawyers than they do to rats, whilst they can get lawyers to do things that no self respecting rat would.

[potem] 16/8/2007 10:31

Guilty : LOL!

[charles clore] 16/8/2007 10:16

This is holding up today better than any other AIM stock I hold.

[tkon] 16/8/2007 08:44

"That is even more important when the cost of keeping the promise is low and when the promissor has berated people for not keeping similar promises. Everyone should treat such people with contempt, as I am sure you will agree."


Potem clearly knows my ex-wife.....hopefully (for his sake) not in a biblical sense.

[hammy_davies_snr] 16/8/2007 01:59

ffs!

I don't know why you bother Gilts, mate.

[potem] 15/8/2007 22:22

Guilty : I agree that you should be wary of aim out fits, but would extend my advice.

If you know from your own experience that someone breaks promises you should cease to believe what they say. That is even more important when the cost of keeping the promise is low and when the promissor has berated people for not keeping similar promises. Everyone should treat such people with contempt, as I am sure you will agree.

Which prompts me to ask what happened to the pint of warm beer you promised me in the event of NOP getting to 200p before 42p? But then in my experience (which is limited, I accept, to NOP, VIY, TAN and CRA) you have no track record of success and as you infer that makes it easier to make a rational judgement of your motives.

[giltspur] 15/8/2007 20:54

Generally speaking. In my opinion people should be much more wary of AIM outfits. I think there is a misguided believe that "PLC" carries some sort of state accountability. Directors are accountable to themselves alone which is why, for my purposes, i consider all directors to be crooks. Unless I know them personally how on earth do I make rational judgement of their motives, qualities, personalities if they have no track record of success?
Anyone can float a company on AIM, and effectively do whatever they wish with the cash and there is no effective accountability. There are plenty of examples where massive amounts of money have been made without producing so much as a plastic coffee cup.

I agree with Walters but i think he might have changed the wording from the last time I poked my nose into his site!!!

"Do not rely for help on any regulator should you suffer from crooks, cheats or conmen"

[potem] 15/8/2007 18:07

DB : I stopped doing civil litigation because I got fed up of telling clients that at the end of the day the only guaranteed winners were the lawyers and often they were the only winners - oddly enough that only seemed to encourage them.

Do you in fact know of any litigation. SC went all coy when posters tried to pin him down on the subject of his "proposed case" getting off the ground last year. They certainly don`t need to respond to rumours on bulletin boards! If you have any specifics I will e-mail them.

[db cooper] 15/8/2007 17:54

Blue belle I believe your right on the money.
Potem as a solicitor you will know there no Upside to any litigation
Any litigation is concerning for all shareholders!
Do the 3DM board have a duty to timely divulge legal action to shareholders?