Having from November 2015 onwards been warning on the shares of water technology company HaloSource (HALO), I note an update on trading and its strategic review...
Yesterday morning shares in AIM-listed Parallel Media (PAA) shot out of the gates from the start of trading, peaking at a gain of almost 200%. Meanwhile, over on the LSE Asylum the PAA bulletin board was full of speculation about a corporate deal which would see the shares roof it. 50p, 100p here we come. Having opened the morning at 16p, the stock peaked at 46.5p (mid) with peak prices paid of 48p. But then the company spoke….
Having previously concluded that shares in ‘smart’ buildings and workspaces-focused RedstoneConnect (REDS) remained on the watchlist at 1.60p, I now note a “Business Update” announcement from the company…
Hello Share Raisers. One share which I bracket among my stronger tips for 2017 is a company which provides diagnostic tools for vets. But its real potential, I believe, is in something called affimers. These are rather a mystery to me, but seem to be a substitute for antibodies. These, as we all know, fight disease.
New Year's resolution number nineteen. If a Cloudtag (CTAG) moron who does not follow you on twitter tweets at you ten times or more in a couple of hours do not bother replying. A person like @PhilipHomer is obviously deranged so just block the loon. Meanwhile for those wanting to set their clocks by the annual CES ramp, Nigel Somerville has a Cloudtag calendar just for you, below.
A wide ranging bearcast today covers: Aurum Mining (AUR), Range Resources (RRL), SpaceandPeople (SAL), Harvest Minerals (HMI), Rosslyn Data (RDT), Cloudtag (CTAG) in the post fact era - Adrican Potash (AFPO) and Avanti Communications (AVN).
Updating on the previous announcement from SpaceandPeople (SAL), I warned that half-year results suggest it’ll be profit warning ahoy! And now…
I am not an expert on the intracies of technology and so I often seek outside advice when my speciality (sniffing out AIM frauds) comes into contact with tech. And thus I asked an expert to review the dynamite CES video on Cloudtag (CTAG) we published yesterday. The expert watched it and wrote:
There are some announcements that an AIM listed company has to make as they are material but in terms of excitement we are talking paint dry. So you just clear the decks and announce them and when all the news is out you - hopefully - have something to announce which will get folks interested. And so it is with Optibiotix (OPTI).
The US government has worked tirelessly to manipulate statistics to falsely reflect an overall recovery. The stock market is much easier to manipulate than the fundamentals, so, the fundamentals must be misrepresented. While some numbers slipping through issues of true supply and demand continue, the vast majority of the populace has little clue that the collapse of 2008 never actually stopped, it was just shifted into a state of slow motion which is peaking again.
There is news today from Management Resource Systems (MRS) regarding its ousted CEO and from Brave Bison (BBSN) regarding the ousting of its CEO. Both are strange tales but will have very different outcomes. I look at both in detail plus also the similar events at Wandisco (WAND) in this bonus podcast. For some reason I refer to Craig McKenzie in the podcast. I actually mean Ashley McKenzie. And it was a dog kennel not a pig farm. Apologies...Alzheimers kicking in.
Anyone who read my sell article HERE and took the brave option of selling pre-final results would have made an instant profit but, to be fair, you wouldn’t have had long as the year-end results came out on 29 December, about an hour after my piece was published. An additional trading update came out this morning though - is that a light at the end of the tunnel I see?
The fraud African Potash (AFPO) has been formally booted off AIM today as no Nomad is prepared to act for it. It is a day of shame for lyin Chris Cleverley the CEO and his senior NED Lord Peter Hain of sleaze. The shares are now only listed in the joke lobster pot that is NEX Markets, it is almost impossible to sell in any size and even harder to raise cash as a company. So Potash will soon go bust. At the weekend I explained the very odd timeline of seven days in September that lead up to the last Nomad, Cantor Fitzgerald, quitting. Now look at lyin' Chris's words since.
A lot has happened since the late sixties when Neil Armstrong took his one small step on the moon. The word lunatic is derived from the Latin word "luna" meaning moon since it was believed, in the middle ages, that a full moon could induce insanity. And that brings us nicely to last week's Bulletin Board Moron of the week who, natch, owns shares in Cloudtag (CTAG). There were many fine entries as you can see HERE.
He is at it again, flip flop Ben Turney has another company in his sights and this time it is rather larger than before. It is Bowleven (BLVN). And in his attenpts to push for management change, we can reveal that Turney has the support of bear raider Waseem Shakoor who is not part of Turney's group but has a material stake.
I appreciate we’re only a week into the New Year but as there’s been significant news on both my sell picks, here’s a quick update. You won’t be surprised to hear that I remain as confident as ever as the position has worsened for both already. Let's start with Challenger Acquisitions (CHAL).
I see that Onzima Ventures (ONZ) is getting a bit of attention again, with Tom Winnifrith having just covered it in his latest Bearcast, but it is a company that I was planning to give an update on anyway, having followed the story since early last year.
Hello Share Baiters. That awful share to hold, Lloyds Group (LLOY) may be getting less arduous. There is some optimism in the City that the current disappointing share price may rise 20% or so to beat 75p. Presently it’s around 66p.
At the CES show this week Cloudtag (CTAG) will be launching its product and Amit Ben Haim will go on Proactive to promise that this will translate into hard sales by May. Oh, no that was 2016 and total sales were nil. But maybe it will be different this time eh? In honor of the morons who think it will be, please post in the comments section below the most idiotic comments on twitter or on Bulletin Boards from the first week of 2017. The deadline for entries is midnight on Sunday 8th January.
So few companies are total frauds. Burnell creation Globo (GBO) was but Onzima (ONZ) is not. So what happens if you lose money on this company or another which goes horribly wrong?
The December edition of the UK Investor Show magazine is live featuring 7 tips, plus 5 our writers hope that they will find in their stocking. Interviews with Conroy Gold and ECR Minerals, the bonfire of the charities lots on Cloudtag, Advanced Onco and much more.
After languishing unloved for a while in the low sixties, shares in Optibiotix (OPTI) are really steaming ahead and are now 78p to buy. We hope you bought in the low sixties as we repeatedly urged. If not it is not too late. The shares are a buy at up to 80p and I expect to be advising you to sell at WELL OVER 100p by Easter. So what has happened?
If it wasn’t for the fact that ordinary PIs will have lost a lot of money, the announcements and share price movements in Fitbug Holdings (FITB) over the last couple of days would almost be comical!
Today is Donald Trump day and I have a cunning plan for later which may see me watching Midsomer Murders at last. On the markets I have not a lot to say, other than I'm looking to bank gains and am more and more bearish, so instead I look forward to march 29 and April 1 and there is something I want you ALL to do,
That Cloudtag is a fraud is beyond doubt. Lying to investors and then raising cash ( and also allowing funders to dump shares) on the back of those lies is fraud. I know that, the regulators know that, you know that and so do Tony Rawlinson, Liam Murray and the other banksters at Cairn Financial, nomad to Cloudtag. So why has Cairn not quit?
For shareholders in Strat Aero (AERO) who thought it could not get any worse as the company hurtles towards bankruptcy in less than four week's time, we have bad news: it is about to get even worse.
Last year Strat was sued by American Hulsey Smith who demonstrated clearly that the company had lied to investors. Strat said it would fight all the way but then issued 38 million shares and handed over a wodge of cash to settle with Hulsey. Yesterday it emerged that Smith was dumping as fast as he can - so expect his last 18 million shares to be lobbed out within days. But it gets worse.
It is now fifteen years since Nigel Wray & Tom Winnifrith started doing one day investor shows together. The first was in a snow covered Westminster now they celebrate a decade and a half of working together with what will be the most spectacular event yet. It will be the biggest with 121 companies exhibiting on the day. There is the strongest ever speaker line up and a raft of free prize draws as well as a gift worth £18 for everyone attending. So with 50% of the 2,500 tickets already reserved hurry up and grab yours today!
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Hello Share Snafflers. Well, it seems the old Footsie has called a halt to its record-breaking run into ground-breaking highs. Does this surprise anyone? Of course not. What keeps on going up has to come down. So it’s possibly time to pause in our headlong rush to find shares which put on capital value. Let’s instead turn once again to an ever-important part of the armchair tycoon’s income - the dividend.
In this podcast I look at when a stock comes into play on institutional radar, ref Optibiotix (OPTI) and also the lazy bastards at FinnCap who should be hung out to dry. I look at Sound Energy and praise its ramptastic management but the shares are still a sell. Then I look at the latest bollocks from ShareSoc calling for more regulation after the New World (NEW) forward selling scandal. What is not needed is new laws just the application of existing ones by the chocolate teapots round at the FCA.
We have all these businessmen coming to Washington, but are they really going to drain the swamp or do we have new creatures living in the swamp? So said Peter Schiff, the great libertarian and gold bug this week. In his latest podcast the great man analysses what Donald Trump means for America, the economy, shares and gold. It is great stuff.
After hours yesterday there was another announcement from Strat Aero (AERO), the AIM listed company that has committed fraud and is now just 25 days from running out of cash and going bust with debts of £300,000. It seems that Hulsey Smith, the US businessman who exposed the fraud at the heart of Strat last spring, has dumped another 11 million shares and now has just 7.5 million left.
Pre Christmas the ramptastic stream of RNS statements, corporate presentations and interviews with homeless clowns told you all you needed to know: worthless Andalas Energy (ADL) was in full ramp mode as it prepared for a rescue bailout. Now, though most oil shares have risen sharply in recent weeks, Andalas stock is still just 0.12p to sell and is falling again today. So how is the £1 million placing it needs faring?
Another day and another operational update from jam tomorrow joke stock Golden Saint Resources (GSR), floated at 10p three years ago and now 0.03-0.04p. Sadly there is no news on the football team it sponsors with money raised on AIM but we do at least have an update on the two of the three concessions out in Bongo Bongo land where it is still doing some exploration.
Provider of IT consultants, FDM Group (FDM) has updated that a strong trading performance and favourable exchange rate movements see it now anticipating “full-year results ahead of its expectations” – and the shares have responded more than 9% higher to a current 624p ‘bid’ price. So not a bad tip from us...
The mere mention of lithium seems to be enough to send the share price soaring on many small AIM companies, until reality hits home and the almost inevitable pullback starts.
Hello Share Troggers. There’s hardly a day goes by when we are not reminded that the National Health Service is in crisis. Hospitals are being overwhelmed by an unfit, ageing population and operations are regularly put off.
Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.
Get the first ShareProphets Pocket Guide ebook, EIS - Buying shares with numerous tax breaks. Want to cut your income tax bill, get loss relief if your AIM listed shares go down, pay no CGT, avoid IHT - EIS could be the way and this book explains how.
Most investment books seem to be large enough to keep the front door open and while some contain gems it is hard to find them amid the verbiage. The aim here is to produce a short guide which simply cuts to the chase. I hope that it will provide food for thought for everyone from beginner to expert but whoever you are it should be quick and easy to read and digest.
Search ShareProphets |
Stock market news |
Recent Comments |