Monday, March 19, 2018

Noble Noobs get rekt REEEEEEEEEEEEEEEEEEE


"All I see is a bad company becoming even cheaper and cheaper. I don't see anything currently that can give it's share price support and form a price floor. What's stopping it from going to zero? Maybe it can turnaround in the future, but buying things that aren't obvious is gambling in my view, which is why I cannot wrap my brain around growth investing.
I'm going to stick my neck out here and call Noble a value trap. Maybe it is, maybe it isn't. I don't have to be invested in it to have front row seats to watch how this show ends." - GMGH, Jun 15

The price of Noble has crashed to $0.11 after they have decided not to pay its bond coupon.

It's just only a 98.6% loss from when I decided to exit in Feb 2015.

But let's say you're a 2017 bagholder. I did in May 2017 say that Noble is a piece of shit. Boom. Only 73.8% losses if you didn't sell then.

Good ol' GMGH did warn you about this. GMGH got your back.

You wanna know what I think is going up next? Naw, nevermind. You'll think it's a tulip ponzi bubble.

8 comments:

  1. I'll buy some if it goes to 1 cent. Treat it as Toto.

    ReplyDelete
  2. Hello Everybody,
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    Derek Email osmanloanserves@gmail.com



    Hello Everybody,
    My name is Ahmad Asnul Brunei, I contacted Mr Osman Loan Firm for a business loan amount of $250,000, Then i was told about the step of approving my requested loan amount, after taking the risk again because i was so much desperate of setting up a business to my greatest surprise, the loan amount was credited to my bank account within 24 banking hours without any stress of getting my loan. I was surprise because i was first fall a victim of scam! If you are interested of securing any loan amount & you are located in any country, I'll advise you can contact Mr Osman Loan Firm via email osmanloanserves@gmail.com

    LOAN APPLICATION INFORMATION FORM
    First name......
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    2) Gender:.........
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    6) Home Address:.........
    7) Mobile Number:.........
    8) Email address..........
    9) Monthly Income:.....................
    10) Occupation:...........................
    11)Which site did you here about us.....................
    Thanks and Best Regards.
    Derek Email osmanloanserves@gmail.com

    ReplyDelete
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    ReplyDelete
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