Cybit Share Discussion Threads

[buenos aires] 22/1/2010 21:27

INVESTING IN THE DODGY STOCK MARKET....Todays lesson

1. If you make a poor gambling choice and the company fails for whatever reason ,dodgy managements ,( and there are plenty of those around) ,poor trading ,the ceo has run off with the cash etc,then quite rightly you will not get any sympathy if you lose your money.

2. You find a company ,oh i dont know ,lets just say Cybit and you are onto a winner ,but for some reason ,the stock market rules say that even if any small shareholders should get lucky ,they can still be sent packing with a few quid in their back pockets ,and they should be grateful that no one took them to the cleaners as per norm.

3. So if you gamble and you win ,others may have other ideas.

[cheshiremoggie] 22/1/2010 12:41

LOL.

Quite right Sanity - apologies for my outburst.

Good Luck ALL.

Bye.

CM.

[sanity] 22/1/2010 10:44

To all good luck and happy investing elsewhere.

[i_hopi] 21/1/2010 22:58

buenos aires - 21 Jan'10 - 22:52 - 225 of 225
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The warnings are all in the 'terms and conditions' of this site. Perhaps you should read them ;o)

Below 'terms and conditions' there is also an Investment Warning.

[buenos aires] 21/1/2010 22:52

WARNING TO ALL GENUINE GAMBLERS ON THE DODGY STOCK MARKET.

Just in case any of you have not figured out how the Advfn bb works ,well let me explain .

1. Think of the Stock Market as a dodgy casino run by people a bit worse than the Mafia.
2. Take a quoted co on the Stock Exchange ,one that needs a "bit of marketing".
3. Make a title on the bb board ,make up aliases ,perhaps 10 or so ,then pretend that they are investors in the co . They may well be ,but their job is to persuade ordinary members of the public to either buy , hold or sell as the amount of shares fluctuate with the buying and selling . In other words there has to be a buyer for every share sold or bought . So the emphasis changes with the instructions from the dealer/brokers. ie ,If the brokers have too many shares on their books ,they give the order to talk the co up ,and make you buy ,and vice-versa.
4. If there is impending news from the co ,then they talk the co up or down to suit the situation. ( To me this is market manipulation ,and nobody seems to be too bothered ,its only small private investors,who cares!)
5. The point being that we are all influenced by what we see or hear to some extend ,so really a warning should be shown by the FSA on all financial bb boards ,that the posters are not to be trusted at all . It may seem obvious not to take people at their word ,but politicians are a good example ,of how ordinary people are manipulated for an end result.
6. So ejoy the banter and sometimes useful information ,but be very sceptical ,it's probably all a charade ,and you end up losing your money.
7. Once their "work" is done they all disapear .
8. There may even be companies that don't even exist,but are there for other purposes .Is it any wonder most people have gone into property ,you can see it ,touch it ,smell it ,and you always know what it's worth within reason .
9. You can make money from the market but you need to think not as an investor but as an opportunist ,and be prepared to sit on your money for a long time ,until a compelling chance comes your way.


If the FSA had a leaflet warning people of the dodgy nature of investing on the stock market , before they are allowed to buy shares ,but dont hold your breath.!

Shares can go down as well as up, statement is absolutely useless.

[cheshiremoggie] 21/1/2010 21:11

Nice. You are a happy chap arent you.

CM.

[i_hopi] 21/1/2010 19:35

I often wish I hadn't sold mine in Oct' 08. especially when they started going back up last summer.

Mind you I still made almost 20% profit on them :o)

[cheshiremoggie] 21/1/2010 18:46

LOL - very entertaining.

[pedr01] 21/1/2010 15:00

Where have you been 2010? There has been a cash offer, 75p, which has been accepted. Last day of trading was yesterday and shares have been suspended. You should get your cheque by 4th Feb (hopefully) ... I think ...

I think 75p was a bit low on the low side, but we are where we are.

[trader2] 21/1/2010 09:27

Why has trading been suspended a day early - thought that trading ceased 08:00 22/01/10 ?

[buenos aires] 21/1/2010 08:53

I wonder why Minor planet Systems dipped today on £150 worth of "buying".

This is one good example of SHARE MANIPULATION.

The market is sending out a signal of don't buy .Surely the market's role is to mark the price of a share according to the volume of buy or sales?,or at least that's what they feed us to believe.!
In a world of reasonable honesty ,this would be the case ,and sometimes shares are honestly priced ,according to buy/sell volume ,but the majority of shares on the Stock Market are CONTROLLED to produce the desired result. ie. to take your money off you.!!

[lemsoft] 21/1/2010 08:49

I know its a bit late now, but as a shareholder I was never asked to vote on this deal... why was that. I thought all shareholder have to be asked or can the management do anything they like?

[restassured] 21/1/2010 07:20

And that my friends was that.

[sll] 20/1/2010 22:02

My point here is (and has consistently been) that something is only worth what a willing buyer (with hard cash) will pay a willing seller (who wants that cash in fair exchange). Fact: - despite all the b*llsh*t on here, you could easily have bought, and only with great difficulty have sold, these shares - on the so much maligned public markets - in the immediate run-up to the Francisco deal. That tells me loads about what people 'really thought' before this deal was announced - namely a dire lack of 'willing buyers with cash and ready to buy'. On that basis alone, the deal can only be positive to those who now state that Cybit is really worth 'a lot more' than 75p. It may be - at some future point - but that point will only be reached after a shed load of further investment and further growth. We all accept that, to some degrees, the public markets (like everything in life) do have flaws. Some of the many points made above should serve to caution any novices who read this. However, those flaws are sadly magnified, or demagnified, in inverse proportion to the quantum of cash that one has made on any given transaction.....Now, if all my dealings on the market mirrored the Cybit deal, I would be even less critical of the market (et al) than I am tonight. No one forces anyone to buy shares. These are generally (and certainly in my own case) some of the lonelier mistakes that one makes in life.

[mazarin] 20/1/2010 14:10

Court sanction of Scheme of Arrangement - Tomorrows the last day of trading for CYH

[ribblewader] 20/1/2010 12:44

And your point is?............

[buenos aires] 20/1/2010 10:44

A LESSON LEARNED HERE ,INVESTING IN THE STOCK MARKET.

1.The stock Market is mainly FIXED.
2.The companies' boards have their own AGENDA.
3.The FSA , TAKEOVER PANEL ,serve the interests of the Stock Market,so you are on YOUR own.
4.The companies use the Rules,of the Stock Market to their own ends.
5.There are more THIEVES (in value ) in the Financial Markets than in prisons.
6.ADVFN is a tool of the Stock Market.
7.The Market uses money from ,hapless investors ,policy holders and individuals to pay themselves inflated salaries.
8. The returns on fund policies,on average, are barely better than long term interest deposits.
9. There is not ONE single unbiased source to access company accounts.
10.Stupid governments havent got a clue what the reality is.( Please dont regulate us,think of all the absolutely useless jobs that the Stock Market will lose ,like offshore ,no tax ,hedge fund companies.)
11. All investment advisory places are in my opinion dodgy to a large extent.
12. Some kind of transparency can be made ,by simply having independent AUDITED accounts every 6 months.
13. Independent valuation of a company should be in the accounts every 6 months.( Hardly too difficult ,because if an annual audit is "fudged" ,then it maybe 2 years before the truth is known,and by then its all "white washed".

If you have any more to add ,please feel free to post.

[sdavis] 19/1/2010 17:42

It was fun. See you all on another BB.

(I will miss CYH in a strange way)

[singinsmythe] 19/1/2010 17:35

Yeah good luck everyone, hope to see some of the LTH here on other threads, there's been some very knowledgable posters here and it's been a pleasure to hear your views and share your information and thoughts, thankyou.