Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Imaginatik plc (IMTK) finds itself in the headlights today – for reasons detailed by Tom Winnifrith HERE. What is the view from a financial fundamentals standpoint?
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Comments
Phil
Just another bog standard Ponzi, the only money out is from shareholder money in.
Would be something if some of the money out went to other shareholders, but of course it never does.
Don’t buy, just sell. Don’t accept the placing, it will run out of money cos they all do, delist and go.
If you own some of it, I know it’s difficult to let it go and accept the loss, but it will go at some point, they always do, and if your on the markets to stay and want to stay, one less Ponzi, less money for the coke & hookers, and one less POS to waste your time and your money.
With more time on your hands and keeping your money, use them to fess out the only shares that have value.
Maintaining a portfolio of value is easy. It’s the loss makers that are hard work. If you are working too hard for them, your buying crap
Sigmund Fraud
If someone can explain what they actually do they win a prize? I will go with Business Waffle Collectors?