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UK 22:15 Tuesday, 20 October 2026
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Greek Tear
PREMIUM CONTENT  hot

NEW: Win an off peak week at the Greek Hovel and help me out contest

Next week is half term here in the rain sodden post industrial second world nation of sanctuary that is Wales and I have promised the Mrs. and kids a few days away with me doing limited keyboard time. After what she endured from Paul Mathieson it is the least that I can offer. So help me out and be like reader A and win an almost free week at the Greek Hovel.

By | Published 16:29 20 October 2026 |

TRI
PREMIUM CONTENT 

Trifast – “confident in delivering further margin improvement”, but what about in overall profitability?

‘Engineered fastenings’ company Trifast (TRI) has issued a “Trading Update” and that it “remains confident in delivering further margin improvement in H2 FY27, targeting double-digit EBIT margins in the period, ahead of our stated timeframe”. So what of a current slightly lower share price response to 85p?

By | Published 16:29 20 October 2026 |

Bearcast
PREMIUM CONTENT  hot

Tom Winnifrith Bearcast: Probiotix and Invinity

I start with an urgent appeal, please help out. Then I look at Probiotix (PBX) and at Invinity (IES) where I think Evil Banksta is being too charitable after the botched fund raise by Andrew Monk and others.

By | Published 16:23 20 October 2026 |

G4M
PREMIUM CONTENT 

Gear4music – I having last month noted caution on half-year performance, what about now a “Half Year Trading Update”?…

Last month on an AGM Update from “the largest UK based online retailer of musical instruments and music equipment” Gear4music (G4M), with the shares down to 262.5p I concluded that I was cautious of the likely impact on the valuation of subsequent half-year updates. The shares most recently closed at 232.5p and what about now a “Half Year Trading Update”?

By | Published 14:27 20 October 2026 |

ECOB
PREMIUM CONTENT 

Eco Buildings – no I do not have a scooby

Already I have had a couple of emails and the answer is “I do not know why shares in Eco Buildings (ECOB) are up by 15% at 12p”. Is Peter Brailey getting ready to recant his scepticism and ride naked on a donkey at Sharestock 2027? Perhaps. I have asked the company for comment but none has been forthcoming as yet. What I have said is…

By | Published 13:58 20 October 2026 |

TRUE
PREMIUM CONTENT 

Truetide – SMTM ( or lack of it)

Long standing readers will remember that scallywag Trevor Brown run Truetide (TRUE) was formerly known as Braveheart Investment Management. Its shite investments, notably in the covid space, were ramped shamelessly and that saw the shares peaking at 139p five years ago. Brown sold shares aggressively into that excitement and all the way down and has therefore made out like a bandit. The shares are now 2.2p so those who bought into his ramping and that of disgraced Zak Mir and his charting prowess will be less happy.

By | Published 12:47 20 October 2026 |

IES
PREMIUM CONTENT  hot

After Invinity crashes, the truth about its botched placing & who is next: A Vindicated Evil Banksta spells it out

It seems that the truth about the bailout of Invinity (IES) is that it is not the triumph that conceited Andrew Monk of VSA and the other 2 brokers present – the price had to be slashed to get it away. Not that the brokers care or will admit to that is what is, therefore, a misleading RNS.

By | Published 12:04 20 October 2026 |

TIN
PREMIUM CONTENT 

Cornish Metals: £135 million fund raise at just 60p, am I being suspicious?

Cornish Metals (TIN) shares were suspended at 102p under AIM Capital Access Window Rules at 102p. Today there is news of a placing at just 60p to raise £135 million with a WRAP Retail offer on top. I have no doubt the placing will get away. But I am suspicious.

By | Published 11:23 20 October 2026 |

GEN
PREMIUM CONTENT 

Genuit – I having written in May ‘a profit warning ahoy here?’, what about now a nine months trading update?…

Most recently on group describing itself as “the UK’s largest provider of sustainable water and climate products and solutions for the built environment” Genuit (GEN), in May with the shares slipping below 260p I questioned on a trading update would it now even deliver the full-year towards the lower end of current analyst estimates. The shares most recently closed at 289.6p, but what about now another trading update?…

By | Published 10:46 20 October 2026 |

BSFA
PREMIUM CONTENT 

BSF Enterprise and the patent spoof: an expert writes

Yesterday I explained why  worthless Frankenstein Meat shitco BSF Enterprise (BSFA) needs to keep pumping its shares with spurious announcements. It needs to create liquidity for dodgy offshore death spiral provider Indigo Capital LLP to forward sell shares into. Today a case study, news of a US patent which BSF claims “underpins its business strategy”. Bollocks. I have asked a patent expert who writes:

By | Published 09:44 20 October 2026 |

Collapsing-Reactor
PREMIUM CONTENT 

BREAKING: Alessandro Zamboni’s Nuburu censured by NYSE American SE for late publication of material events, the trap door of delisting gets nearer

Following the slump in its share price by around 45% following publication of its latest draft Prospectus, which gave an indication of just how dilutive the B Series Preferred Shares issued in July might be, yesterday there was more bad news for Zamboni’s US bezzle Nuburu (US:BURU).

By | Published 09:20 20 October 2026 |

VLX
PREMIUM CONTENT 

Volex – “profit expected to be towards the upper end of current market expectations”, but how’s the outlook?

Power and data transmission products manufacturer Volex (VLX) has issued a trading update headlined “Record first half revenue with growth in every end-market and further margin progress; FY2027 profit expected to be towards the upper end of current market expectations”. So what about a current share price response approaching 9% lower to below 600p?

By | Published 16:19 19 October 2026 |

Bearcast
PREMIUM CONTENT  hot

Tom Winnifrith Bearcast: 2 sets of red faces & a zero by Thursday?

In today's podcast I look at BSF Enterprise (BSFA), Amaroq (AMRQ) and the dividend question, Valereum (VLRM), Invinity (IES) and Technology Minerals (MNTL).

By | Published 15:44 19 October 2026 |

GELN
PREMIUM CONTENT 

Gelion – “Strong Independent U.S. Validation of Gelion's NES”, timely ramptastic?

Sulfur battery technology company Gelion (GELN) has issued a “Strong Independent U.S. Validation of Gelion's NES”-titled announcement but, with the company’s market cap only having been around £30 million, how “strong” really is the ‘US validation’?

By | Published 13:34 19 October 2026 |

DGQ
PREMIUM CONTENT 

Artificial Intelligence is not as clever as bear raider Evil Knievil, a self styled natural genius, – Delta Gold

On the Investegate platform where many of us read our diet of RNS statements these days, one is now provided by an AI summary of what is in the actual RNS. It strikes me that AI is not as clever as the bear raider Evil Knievil and given how conceited EK, aka Simon Cawkwell, is, I’m sure he’d agree.

By | Published 12:56 19 October 2026 |

Market News

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Recent Comments

Fagash
Fagash20 Oct 2026
Bugger.. 999 words upper limit!! I can only just into the waffle fest full flow at 900 words…still I will give it a go..
Tom Winnifrith Bearcast: Probiotix and Invinity
KEVINRTAYLOR
KEVINRTAYLOR20 Oct 2026
I would add: 1. I don't advocate going "all-in"; at its peak my short in IES would have had a position size of about 7% of my total portfolio. "Position size" is the total value of the short position (ie number of shares x price) divided by the net value of my portfolio (how much it would be worth if everything was sold). Because I'm using gearing (mainly spread bets) this means that all of the position sizes added together is greater than 100%.Under normal circumstances I wouldn't go over 6% for a position size because I like to think that I'm practicing some sort of risk control, even though many people out there think that I'm being recklessly risky just by shorting to begin with! Everyone that I know who spread bets says the same thing: you manage your risk by controlling your position size, and I broadly agree with that. Invinity went over 6% because the price moved against me at one point but these things happen.2. Everyone needs to learn position sizing for themselves because it ties in with your tolerance for risk. There's no point religiously copying someone else's position sizing if you 💩 your pants when the price swings more than 10% against you and the person that you're copying simply laughs at 50% swings and doubles their position! The key thing is that you have to be able to sleep at night!3. Whilst Nigel Farage brought "PFL" into the lexicon of the whole of the UK it's a well known term throughout the City and comes with one simple rule: you do not go back to the office after a PFL!Evil Bansta
After Invinity crashes, the truth about its botched placing & who is next: A Vindicated Evil Banksta spells it out
DUCKnDIVE
DUCKnDIVE20 Oct 2026
Course not. They got the numbers from Bara.
Tom Winnifrith Bearcast: 2 sets of red faces & a zero by Thursday?
Fagash
Fagash20 Oct 2026
The very idea i would be "naked" at Sharestock 2027 is a non-starter - you don't have enough sick buckets...As for riding a donkey - i tried a horse many years back - just the once (despite the then Mrs having loads of them in the fields my hard work had bought). No gears and the brakes were shocking...Meanwhile I do have to wonder if the Visionary Lord Sir Evil Bankster's articulated and evidenced comments at prior sharestocks about share price rise just prior to placing is now in play? red flag? we will see!
Eco Buildings – no I do not have a scooby
TOM
TOM20 Oct 2026
5% on funds raised which will be up to £25m, will pay for a lot of UKLs
After Invinity crashes, the truth about its botched placing & who is next: A Vindicated Evil Banksta spells it out
TOM
TOM20 Oct 2026
times were far tougher then, it was hard to get funding for anything. But AM screwed it up. AM extracted SFA from Nalunaq, are you saying that AMRQ is lying about the 500,000 to 2m oz?Nurse really does need to up your meds
Tom Winnifrith Bearcast: 2 sets of red faces & a zero by Thursday?
COWBRIDGE
COWBRIDGE20 Oct 2026
hard to justify 1.2 million in commission i would have thought 30k would have been more the ball park how many hours work was this to raise the money seems a bit of a broken system?
After Invinity crashes, the truth about its botched placing & who is next: A Vindicated Evil Banksta spells it out
BBOP246
BBOP24620 Oct 2026
Hi Tom. Any thoughts on yesterday's PBX trading update.
Is it always a bad sign when you switch auditors to PKF Littlejohn?
DUCKnDIVE
DUCKnDIVE20 Oct 2026
If the asset is good, you don't need death spiral funding. Obviously there is gold there but it remains to be seen whether it can be mined profitably and over time. Angel gave Nalunaq a life of 5 years max but they went under after two. Meanwhile, there's no Greenland gold rush. Maybe Amaroq can make it work in that extreme and inaccessible place but others before them, with much more gold mining experience, thought the same thing.
Tom Winnifrith Bearcast: 2 sets of red faces & a zero by Thursday?

Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Tuesday »

Greek Tear
NEW: Win an off peak week at the Greek Hovel and help me out contest
  • By Tom Winnifrith
  • 6 hours ago
TRI
Trifast – “confident in delivering further margin improvement”, but what about in overall profitability?
  • By Steve Moore
  • 6 hours ago
Bearcast
Tom Winnifrith Bearcast: Probiotix and Invinity
  • By Tom Winnifrith
  • 6 hours ago
G4M
Gear4music – I having last month noted caution on half-year performance, what about now a “Half Year Trading Update”?…
  • By Steve Moore
  • 8 hours ago
ECOB
Eco Buildings – no I do not have a scooby
  • By Tom Winnifrith
  • 8 hours ago
TRUE
Truetide – SMTM ( or lack of it)
  • By Tom Winnifrith
  • 9 hours ago
IES
After Invinity crashes, the truth about its botched placing & who is next: A Vindicated Evil Banksta spells it out
  • By Tom Winnifrith
  • 10 hours ago
TIN
Cornish Metals: £135 million fund raise at just 60p, am I being suspicious?
  • By Tom Winnifrith
  • 11 hours ago
GEN
Genuit – I having written in May ‘a profit warning ahoy here?’, what about now a nine months trading update?…
  • By Steve Moore
  • 11 hours ago
BSFA
BSF Enterprise and the patent spoof: an expert writes
  • By Tom Winnifrith
  • 13 hours ago
Collapsing-Reactor
BREAKING: Alessandro Zamboni’s Nuburu censured by NYSE American SE for late publication of material events, the trap door of delisting gets nearer
  • By Tom Winnifrith
  • 13 hours ago

Monday »

VLX
Volex – “profit expected to be towards the upper end of current market expectations”, but how’s the outlook?
  • By Steve Moore
  • 1 day ago
Bearcast
Tom Winnifrith Bearcast: 2 sets of red faces & a zero by Thursday?
  • By Tom Winnifrith
  • 1 day ago
GELN
Gelion – “Strong Independent U.S. Validation of Gelion's NES”, timely ramptastic?
  • By Steve Moore
  • 1 day ago
DGQ
Artificial Intelligence is not as clever as bear raider Evil Knievil, a self styled natural genius, – Delta Gold
  • By Tom Winnifrith
  • 1 day ago
MNTL
Technology Minerals fesses to Recyclus Winding Up Order from HMRC but there’s a bigger issue
  • By Tom Winnifrith
  • 1 day ago
IES
GOTCHA Monkey you smug bastard: Invinity bailout at just 10p
  • By Tom Winnifrith
  • 1 day ago
BMV
THIS SMELLS: Bluebird Mining and a spoof share buyback, has Sath passed the BVI solvency test?
  • By Tom Winnifrith
  • 1 day ago
MIND
Mind Gym – “the drive to advance cash receipts in the business model continues to prove successful”. Er, does it?…
  • By Steve Moore
  • 1 day ago
Crash
The great impending stockmarket crash of 2026/27 - a podcast with Lucian Miers Part 2
  • By Tom Winnifrith
  • 2 days ago
Boom
When Cult Wines goes tits up here’s my prediction, just look at Trustpilot!
  • By Tom Winnifrith
  • 2 days ago

Sunday »

Crash
The great impending stockmarket crash of 2026/27 - a podcast with Lucian Miers Part 1
  • By Tom Winnifrith
  • 2 days ago
Bearcast
Tom Winnifrith Bearcast: the stockmarket crash of 2026 and Syrian questions
  • By Tom Winnifrith
  • 2 days ago
AET
Afentra shares have plenty of upside potential whilst oil prices remain high - buy
  • By Gary Newman
  • 2 days ago
Gold
The View From The Montana Log-Cabin As Gold Is Marooned And I Take A Brief Look At Golden Prospect’s Prospects
  • By Nigel Somerville
  • 3 days ago
Quiz
The ShareProphets Sunday Pub Quiz #368
  • By Darren Atwater
  • 3 days ago
Blackboard
Visual Aid: The World’s Most and Least Taxed Countries
  • By Darren Atwater
  • 3 days ago
Reading
Sunday Long Reads: Missing Sheep, Perishing Eels, Karl Bushby’s Walk, Failed Romance, Buying a Filipino Bride
  • By Darren Atwater
  • 3 days ago
Top-10
Notes from Underground – Most read articles for the week ending October 17
  • By Darren Atwater
  • 3 days ago

Saturday »

Bobby-Moore
And the champagne from Lucian will go to……
  • By Tom Winnifrith
  • 3 days ago
FVA
An “ahead of expectations” and further growth potential Buy
  • By HotStockRockets
  • 3 days ago
Newsboy
How low can one fall after working at Technology Minerals: a chance to hook up with the Playboy bird via the Aussie sinner?
  • By Tom Winnifrith
  • 3 days ago
MEX
Tortilla Mexican Grill – discounted placing, states including “to accelerate value creation plan” but how much so really?…
  • By Steve Moore
  • 4 days ago

Friday »

PR1
Pri0rity Intelligence – this statement cannot be true, is the FCA talking about you?
  • By Tom Winnifrith
  • 4 days ago
Roulette
Pathos Communications – shares ‘only’ just over 23% down since December 2025 listing… so “Best Newcomer at the AIM Awards” (natch!)…
  • By Steve Moore
  • 4 days ago
Bearcast
Tom Winnifrith Bearcast: Why Amaroq will tell me to Foxtrot Oscar
  • By Tom Winnifrith
  • 4 days ago
Clown_Funeral
The FCA admits that it is utterly useless: Evil Banksta is left almost speechless as am I
  • By Tom Winnifrith
  • 4 days ago
Bear
Video: Fuel Rationing, ‘Hard To Go Wrong’ With Gold Miners & Platinum To Outperform
  • By Tom Winnifrith
  • 4 days ago
BMV
Bluebird Mining: Disgraced CEO Sath’s Skylake vehicle dumping shares what can it mean?
  • By Tom Winnifrith
  • 4 days ago
Confetti
Nuburu finally buys Tekne but reveals more massive dilution of its shareholders ( quelle surprise!)
  • By Tom Winnifrith
  • 4 days ago
AMRQ
Letter to Eldur Olaffson – time to sack Charles Archer and cleanse the Amaroq stable
  • By Tom Winnifrith
  • 4 days ago
THX
Thor Explorations – “Q3 2026 Operating Update”, a further cashed-up Buy
  • By HotStockRockets
  • 5 days ago
Collapsing-Reactor
The Morning after the AIM awards dinner – more bad data from the Casino emerges
  • By Tom Winnifrith
  • 5 days ago

Thursday »

THG
THG – emphasises expectations “upgrade”, but how’s underlying trading?...
  • By Steve Moore
  • 5 days ago
Bearcast
Tom Winnifrith Bearcast: This makes no sense to me at all
  • By Tom Winnifrith
  • 5 days ago
Boom
BREAKING: Companies House passes Amazing AI bogus filings to Enforcement Team
  • By Tom Winnifrith
  • 5 days ago
THRU
Thruvision – emphasises “Multiple orders received”… but how material are they?
  • By Steve Moore
  • 5 days ago
Gold
Video: ‘Especially Now’ Huge Opportunity in Junior Miners - Finding 10-Baggers
  • By Tom Winnifrith
  • 5 days ago
PRD
Letter to the FCA: Insider Dealing at Predator Oil & Gas
  • By Tom Winnifrith
  • 5 days ago
PXEN
Prospex Energy: Charles Archer ramps but I reckon it has run out of money: Bailout Discounted Monkey Placing ahoy!
  • By Tom Winnifrith
  • 5 days ago
FAB
Fusion Antibodies – argues “encouraging scientific and technological progress”, but there’s not financial progress. Hopefully my warning was heeded…
  • By Steve Moore
  • 5 days ago
EPP
Letter to the FCA: Insider Dealing at Energy Pathways
  • By Tom Winnifrith
  • 6 days ago
PRD
BREAKING: Predator placing; knock me down with a feather, the FCA must be all over this like a rash
  • By Tom Winnifrith
  • 6 days ago

Wednesday »

DPP
DP Poland – Q3 trading update, how “well positioned” really to create durable value for shareholders?
  • By Steve Moore
  • 6 days ago
Bearcast
Tom Winnifrith bearcast: deconstructing the Audioboom Q3s
  • By Tom Winnifrith
  • 6 days ago
CNS
Corero Network Security – “Q3 2026 Commercial Update”, more ramptastic?
  • By Steve Moore
  • 6 days ago
Bully
Paul Mathieson – is this a new low?
  • By Tom Winnifrith
  • 6 days ago
Collapsing-Reactor
Free car from the taxpayer because you have acne? £700m to save 1 salmon every 12 years - where your taxes go
  • By Tom Winnifrith
  • 6 days ago
CRTA
Cirata dismal trading update: surely £430,000 a year CEO Stephen Kelly must be fired
  • By Tom Winnifrith
  • 6 days ago
RWA
Robert Walters plc – expects full-year “at least in line with current market expectations”, but how creditable is that?…
  • By Steve Moore
  • 6 days ago
EPP
Energy Pathways: Swanny makes extraordinary claim about insider dealing, I’m contacting the FCA
  • By Tom Winnifrith
  • 6 days ago
KEFI
Kefi Gold & Copper – a told y’all “Recommencement of Development at Tulu Kapi Project” Buy
  • By HotStockRockets
  • 7 days ago
Boom
Letter to Michael Bloomberg: does he condone anti semitism and attacks on my Indian heritage wife?
  • By Tom Winnifrith
  • 7 days ago
OXIG
Oxford Instruments – “Interim Trading Update… confidence in full-year expectations”, but is that sufficient for the valuation?
  • By Steve Moore
  • 7 days ago

Tuesday »

Bearcast
Tom Winnifrith Bearcast: Valereum is about to explode, it's almost game over
  • By Tom Winnifrith
  • 7 days ago
PAGE
Michael Page plc – “Return to growth, full year expectations maintained”… share price fall?…
  • By Steve Moore
  • 7 days ago
Beggar
4 charts showing how you are being lied to about your impoverishment since 1900 and since 1975
  • By Tom Winnifrith
  • 7 days ago
BP
BP shows the £6 billion folly of green energy GroupThink
  • By Tom Winnifrith
  • 7 days ago
EMAN
Everyman Media – “Proposed cancellation and Notice of GM”. Quelle surprise!…
  • By Steve Moore
  • 7 days ago
ELEG
Electric Guitar is still hitting bum notes
  • By Tom Winnifrith
  • 7 days ago
Madness
If you are anywhere close to 67 why you should stop work now & go on welfare to be better off
  • By Tom Winnifrith
  • 7 days ago
EPP
I call out Energy Pathways placing announcement as horse
  • By Tom Winnifrith
  • 8 days ago
CAV
Cavendish: Smug Sam Smith’s proudest achievement warns yet again but what is it NOT saying?
  • By Tom Winnifrith
  • 8 days ago
Greek Tear
Photo to Treasure: An early Christmas present from reader A who won a week at the Greek Hovel
  • By Tom Winnifrith
  • 8 days ago