R8 Capital Investments Share Discussion Threads

[terminator101] 20/1/2023 16:08

What this needs is cash. Oh and an idea. And a business that actually works and makes money. What could go wrong then.

[zen12] 20/1/2023 11:57

CEO only been there only 9 months, and to be fair she was lacking know-how and experience...perhaps job too big for her shoes. Experienced CEO is what this needs.

[1knocker] 20/1/2023 11:48

I guess the CEO must have felt she should quit at the top, with a golden performance here to put on her CV, Zen? No sense in pushing her luck, stay on and see a decline which would tarnish that stellar record. [Stellar record? Shome mishtake here? Ed]

[zen12] 20/1/2023 11:43

You know anything about this company, better to do little research before making such claims...go back read RNS.They have no serious cash issues, in fact they have been expanding in recent month. Also they agreed funding of £2m just 6 months ago and have significant amounts still to drawdown!

[ny boy] 20/1/2023 11:38

Who uses MODE, they came to the party after the party was over, floated at a ridiculous price (c.50p) and flopped to near zero ever since. Buying MODE is not the way to ride any possible crypto recovery, just buy the btc coin etc I use Coinbase, very easy to use and Binance occasionally but Coinbase does everything I need.

Can see these going bust imo

Crypto lender Genesis files for Chapter 11 bankruptcy

[andyview] 20/1/2023 08:42

Revolut for the licence?

[ny boy] 20/1/2023 03:57

So many of these nonsense Companies are just not investments, maybe for the gambling spivs

Discussing the company’s struggles, joint administrator and partner at Grant Thornton UK LLP Sarah O’Toole said: “Economic conditions have proved incredibly challenging for many businesses operating in this sector. Despite management’s best efforts to find a long-term solution for the business, challenging trading conditions have meant the difficult decision has been taken to appoint administrators.̶1;

[mnomis] 19/1/2023 20:02

@ 1knocker - I was lucky enough to avoid this, but did look (did not pass my DD). Your comment on this from 22nd Feb 2022 (when think last read this board) to sell was a good one.

Sorry to those that have lost.

[1knocker] 19/1/2023 16:39

Tomz, tho' I agree that it is not necessary or helpful to gloat over anyone's losses, the value in a bb lies in the views you don't like or differ from your own. There is no help to be had for anyone from an echo chamber.

While any capital loss is painful, I hope you have at any rate benefitted from your experience with Mode through the reminder it will have provided to look for and weed out from your portfolio any other incipient 'Modes' you may have held, before they too cratered. If so, your Mode holding may well have yielded you a net benefit, across your portfolio as a whole.

[vaston] 19/1/2023 16:08

Sorry was meant for syme

[tomzimerman] 19/1/2023 14:48

Alias number 4 tick Thanks Tom All good things..

[tomzimerman] 19/1/2023 13:08

Why do you want to know, does it give you a little tingle down below to see others lose money. Vile little man, smile lol

[travis walton] 19/1/2023 12:59

Remind us all how much you have lost on MODE you bellend PWAHAHA

[1knocker] 19/1/2023 11:52

Campers, the PMs are flooding in. This sweepstake seems really popular. All the dates next week for hitting 1p have now been taken.

As for respect for holders, Tomz, I did give you a reasoned explanation as to why you should sell when the price was 31 (as I then did myself, with only a very modest loss).

You and other 'genuine holders' would have been sitting on a packet more today if you had thought about and acted on what I said then. Selling (especially at a loss) is harder than buying, but it is the wisdom and timing of the sells which determine your overall portfolio returns. Money saved is money gained.

My only regret is that I did not do a bit more for the 'genuine holders' by suggesting not only that they sell, but that they get a short on. I have done my best to make up for that oversight today by recommending a pairs trade.

[trentendboy] 19/1/2023 11:33

Board clear out - not sure what else they could have done in this market - board clear out not ideal. They must be burning through cash but the licences are valuable. Needs GLXY or similar to buy them out. Looks like a bust - what about those with BTC on mode - I suspect there will be a mass exit

[travis walton] 19/1/2023 11:32

Great post by 1knocker did make me laugh

[travis walton] 19/1/2023 11:30

You gotta laugh at those clueless goon thinking they were gonna make money on these shares You deserve your losses for you arrogance and ignorance Big respect to TW who called it correct

[tomzimerman] 19/1/2023 10:21

Have a bit of respect for genuine holders Ffs, take your smart comments and shove them

[stallone10] 19/1/2023 10:16

What’s next suspension?