guru267 wrote:I believe there is a deliberate plan to scoop up ARM shares at a throw away price. Time will tell though
1. Shake-off the weak Wanjiku of little faith who are prone to fear by creating uncertainty.
2. Have them stampede as they jump-off the boat.
3. Mop-up the mess(buy at low prices).
.....this NSE is not for the faint hearted. However, tell tale signs are all over. ARM not paying salaries, resignation of long serving directors, late reporting etc.
To me what makes me fear jumping in is the story about delayed salaries suggesting very low revenues, low sales etc. I will watch from the sidelines
Dumb money becomes dumb only when it listens to smart money