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NEW

New World Oil & Gas; Why the forward sellers must pay

Tom last night published this charming bear cast. Buried deep within his signature potty-mouthed tirade he made some points, which demand addressing. Tom would have us believe that the poor old forward sellers should be given a gimme by the London Stock Exchange and let off the hook for the appalling losses they are going to suffer, as soon as New World Oil & Gas (NEW) resumes trading. This is wishful thinking for very simple and practical reasons, as I explain below. What is about to happen to the forward sellers of New World’s placement could prove to be the caustic cleansing experience that the Alternative Investment Market is in such desperate need of.

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Comments

  1. Ben Well said mate… I remember Toms bear-cast a week or so back where he was talking about ig footing the bill for people with positions open when the Swiss debaccle struck, Tom was telling them to “Get real” and then last night telling holders to “Have Mercy” what a bloody hypocrite … If people expose them selves to such a market on the hope of making a quick buck at the expense of others with what would seem completely minimal research then i’m affraid occasional they might wish they hadn’t.

    Even if the company wants to suspend their shares there really seems little way out other then playing it out till the end. I’m holding and I will remain holding as the SP starts rising… I would suggest all holders do the same I’m sure the seasoned few will do !!!

    Good article.

  2. Great stuff by both of you.
    Where can I get my Justice for the shorters teeshirt ?


  3. Ben Turney

    @catempire – that is an excellent point, which I think I will have to raise with the Sheriff

    @Marvin – drop @Tomwinnifrith a line. That T-Shirt might sell thousands to investors on AIM, who have a good old fashioned ironic British sense of humour

  4. As I understand it the Quindell trades that were cancelled were trades after the time from which the shares has been suspended (126 trades in 2 mins 4 secs)

    TW: no it was the time between announcement of susp and actual susp

  5. I think we may be saying the same thing. There was an announcement timed at 9.40 that the shares were suspended from 9.40 and trades between 9.40 and 9.42.04 (when presumably trading actually stopped) were cancelled


  6. DUCK AND DIVE

    Ask and it shall be given. £4.99 or two for £12:

    https://www.dropbox.com/s/xku72lv8145qoxu/SOS.jpg?dl=0

  7. got it now, chrisoil heard broker was working on a dipper placing so got broker to buy some in his accountants name then shorted his placing allotment to make 50 grand profit if the placing goes ahead. tom w says vote yes to help his mate do a nice casino trade, ben says vote no to teach vermin a lesson as he’ll then make a loss on his casino trade

    TW note: You are a prick. ChrisOil not my mate. Do you see him writing here anymore? I do not behave like that & you have zero evidence that CO does either. You are such a total prick


  8. UpandUnder

    Ben, you are 100% right with this issue and have explained it perfectly. These shorters just saw what they thought was an opportunity to make a quick buck. If they can’t read an RNS properly before entering a trade, I don’t see why anybody should have any sympathy at all for them?

  9. Having read both sides of the argument today, after being away for a few days I have to side with Ben . Toms agonised plea’s did sound oh so uncomfortable . So much so that one has to ask whether people close to him in some way had taken out ill advised shorts and he was agonised because of their foolish peril .
    If you dont want infinite losses then dont indulge in shorting or at the very least make sure that you are right about the facts that affect the situation . Many things in life can wipe people out financially and cause suicidal thoughts . This however is one that is totally self inflicted . Read the risk warnings people …….. shorting can seriously damage your wealth …..leave it to Evil ……… he does at least know what he is doing 9 times out of ten .

    TW Note. I have stated that I have no friends who I knew were short. On that basis if you can accuse me of being a liar, I can acdcuse you of being a total wanker. Fair enough?

  10. No one said anything about them being friends of yours or you being a liar . “ Close” was a word carefully chosen . Have you never heard of the expression “ keep your friends close and your enemies closer” Thus kind sir , it is you who is the wanker in this matter , not infact I ………. still, I suppose there cant be much else to do in Greece these days ;-) Not that I would know of course . Funny thing you should mention that tho . I was in PC World today getting a new lappy for “err in doors” and the spotty ouik tried to sell me the usual warranty on top of the makers warranty . “theres only one mechanical damage thats not covered in our warranty he proclaimed “ whats that? I said …….. “ body fluids on the laptop” he said ………….. Oh! I said , you wont be eligible then . There was an awkward pause in which he went rather red in the face and then said “If you have a cut on your hand and get blood in the keyboard ……..stuff like that” oooh …..I said .
    Dont get your lappy in PC world if you want a warranty Tom ;-) And deffo not that “Lad you gooey”.

Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Thursday »

Bearcast
Tom Winnifrith bearcast: rates up, fear not they will have to be slashed
  • By Tom Winnifrith
  • 5 November 2026, 15:42
VTY
Vistry – “Trading Update”, how’s its “Repositioning Vistry for Sustainable Success” going?…
  • By Steve Moore
  • 5 November 2026, 13:34
Gold
Peter Schiff on the growing bull case for gold: tell me why he is wrong post mid terms
  • By Tom Winnifrith
  • 5 November 2026, 13:28
Boom
If you are in Banff in Jockland go and buy a drink at the Seafield Arms
  • By Tom Winnifrith
  • 5 November 2026, 12:54
AMRQ
Amaroq – Maarmorilik project development strategy adds to potential, Buy, shares could be 400p by 2029
  • By HotStockRockets
  • 5 November 2026, 12:40
AMG
Letter to Strand Hanson on Atlas Metals - The £1 billion claim you stood by was bollocks: RESIGN!
  • By Tom Winnifrith
  • 5 November 2026, 12:23
SBTX
Skins & clutching at straws
  • By Tom Winnifrith
  • 5 November 2026, 11:20
ASC
ASOS – full-year results emphasise “Return to growth: Strong operational and profit delivery”. Really?…
  • By Steve Moore
  • 5 November 2026, 11:19
Labour
My 10 year old son totally floors our local Labour MP on economics
  • By Tom Winnifrith
  • 5 November 2026, 10:03
AMG
SCANDAL & VINDICATION: Atlas Metals, £1 billion UPSA deal collapses (as predicted), why aren’t heads rolling, why is Christian Schaffalitzky not going to jail?
  • By Tom Winnifrith
  • 5 November 2026, 09:27

Wednesday »

AAU
Ariana Resources – Q3 2026 Activities Report, a gold recovery Buy
  • By HotStockRockets
  • 4 November 2026, 16:19
IGE
Image Scan Holdings – emphasises swing to profit and “healthy order book”, but how ‘healthy’ really?
  • By Steve Moore
  • 4 November 2026, 15:59
CDGP
Chapel Down – having in September stated credit facility “provides ample headroom for growth”, now a “Proposed Capital Raising”!
  • By Steve Moore
  • 4 November 2026, 13:20
Bearcast
Tom Winnifrith Bearcast: what a company does not say and frightening words it can say
  • By Tom Winnifrith
  • 4 November 2026, 10:39
FDM
FDM Group – “consultants assigned to clients has increased”, but how materially and what about the financials?…
  • By Steve Moore
  • 4 November 2026, 10:39
MPAL
EXPOSE: MedPal AI still burning cash and still hiding key metrics
  • By Tom Winnifrith
  • 4 November 2026, 09:30
JDW
JD Wetherspoon explains economics and job destruction to the Uniparty
  • By Tom Winnifrith
  • 4 November 2026, 09:14
Oil-Rig
Video: ‘Massive Upside’ In Oil Stocks & The Iran War Restart
  • By Tom Winnifrith
  • 4 November 2026, 08:28
LIKE
Likewise Group – “materially ahead of current market expectations” value from a winning share tip
  • By HotStockRockets
  • 4 November 2026, 08:22
Greek Tear
The grand final voting - win a week at the Greek Hovel contest, Darren has it in for his employer!
  • By Tom Winnifrith
  • 4 November 2026, 08:15

Tuesday »

CPX
CAP-XX – “Director/PDMR Shareholding” announcement, attempted ramptastic?
  • By Steve Moore
  • 3 November 2026, 16:15
ECOB
Eco Buildings Group – “New Contract Secured” further hints at the potential, Buy
  • By Tom Winnifrith & Steve Moore
  • 3 November 2026, 15:50
Bearcast
Tom Winnifrith bearcast: ending 3 years of hurt tomorrow, the threat of legal action & what the mid terms mean
  • By Tom Winnifrith
  • 3 November 2026, 15:45
PANR
A slam dunk oil sell for Christmas
  • By Tom Winnifrith
  • 3 November 2026, 14:27
AMRQ
Panmure: Amaroq now 98p target 165p, Maarmorilik comment
  • By Tom Winnifrith
  • 3 November 2026, 14:13
TUNE
Focusrite – interims emphasise “improved profitability supporting full year expectations”, but how ‘improved’ are those?…
  • By Steve Moore
  • 3 November 2026, 13:55
Dead-Donkey
Alessandro Zamboni’s Nuburu – CLN providers dump shares onto mug retail punters yet again
  • By Tom Winnifrith
  • 3 November 2026, 13:14
AGY
Allergy Therapeutics is off – another hammer blow to AIM
  • By Tom Winnifrith
  • 3 November 2026, 12:00
GEX
Will Georgina Energy sue Tom Winnifrith & ShareProphets: see you in Court Bitchez!
  • By Tom Winnifrith
  • 3 November 2026, 11:16
STX
Shield Therapeutics – after in August “on track for operating profitability in 2026”, what about now with a “Q3 2026 Trading Update”?…
  • By Steve Moore
  • 3 November 2026, 11:03

Monday »

Bear
Semi Final 2 - Vote now on the short contest to see who wins a week at the Greek Hovel, polls close Tuesday midnight
  • By Tom Winnifrith
  • 2 November 2026, 15:53
Bear
Semi Final 1 - Vote now on the short contest to see who wins a week at the Greek Hovel, polls close midnight Tuesday
  • By Tom Winnifrith
  • 2 November 2026, 15:41
Boom
My most viewed X post in history, Emma Reynolds MP is a bitch and I want my cash back
  • By Tom Winnifrith
  • 2 November 2026, 15:28
Bearcast
Tom Winnifrith Bearcast: a poisonous snake tale from Greece, Gotcha Vast!, Eco Buildings and Amaroq, chatting to Black Angel's last owner
  • By Tom Winnifrith
  • 2 November 2026, 14:37
CPX
CAP-XX – emphasises “strengthened demand”, but how financially significant?…
  • By Steve Moore
  • 2 November 2026, 13:58
AMRQ
Amaroq string of pearls video out today made me feel ill
  • By Tom Winnifrith
  • 2 November 2026, 12:01
VLRM
How to tantalize morons : feeble minded Valereum shareholders are being tortured with bogus share trading
  • By Tom Winnifrith
  • 2 November 2026, 11:25
IBST
Ibstock – “trading conditions deteriorated sharply during the third quarter, with weakness continuing”. You were warned!…
  • By Steve Moore
  • 2 November 2026, 11:05
Crime-Scene
Why not name the villainous company? Surely this is insider dealing?
  • By Tom Winnifrith
  • 2 November 2026, 11:02
WCAT
Wildcat Gold shares suspended: has Guild resigned another account? It should
  • By Tom Winnifrith
  • 2 November 2026, 09:20

Sunday »

Bearcast
Tom Winnifrith Bearcast: madness all round
  • By Tom Winnifrith
  • 1 November 2026, 09:36
VLRM
BREAKING: Now Valereum threatens to go legal: I hope to see you in Court bitchez!
  • By Tom Winnifrith
  • 1 November 2026, 08:04
Gold
The View From The Montana Log-Cabin As Gold Plunges Below $3,900: Panic? Never!
  • By Nigel Somerville
  • 1 November 2026, 08:04
Blackboard
Visual Aid: Inflation Rates Around the World in 2026
  • By Darren Atwater
  • 1 November 2026, 08:04
Quiz
The ShareProphets Sunday Pub Quiz #370
  • By Darren Atwater
  • 1 November 2026, 07:20
GEX
Georgina Energy – where is all the cash going?
  • By Tom Winnifrith
  • 1 November 2026, 07:20
Reading
Sunday Long Reads: Victoria & Abert, UAE’s Manchester, AI Bets, Medieval Times, Buenos Aires Heist
  • By Darren Atwater
  • 1 November 2026, 07:02
VLRM
Who is to blame for Valereum suspension? You guessed it, this is another Great British Company brought low by evil TW
  • By Tom Winnifrith
  • 1 November 2026, 06:59
Top-10
Notes from Underground – Most read articles for the week ending October 31
  • By Darren Atwater
  • 1 November 2026, 06:58

Saturday »

Bearcast
Tom Winnifrith Bearcast: Andy Burnham talks bollocks twice and the now certain death of the Valereum $32 billion gold crypto fraud
  • By Tom Winnifrith
  • 31 October 2026, 10:56
ZIN
Bet the ranch on a short, win a Greek Hovel Holiday – entry No 14: Steve Moore on Zinc Media
  • By Tom Winnifrith
  • 31 October 2026, 09:45
ESNT
Essentra – “Q3 2026 Trading Update”, a further positives Buy
  • By Tom Winnifrith & Steve Moore
  • 31 October 2026, 09:28
ECOB
Bet the ranch on a short, win a Greek Hovel Holiday – entry No 13: Fagash on Eco Buildings
  • By Tom Winnifrith
  • 31 October 2026, 09:09
VAST
BREAKING: Brian Moritz walking the plank at Vast, email cock up prompts accusations of fraud, RNS needed!
  • By Tom Winnifrith
  • 31 October 2026, 08:51

Friday »

VLRM
Photo article from Greece as Crazy Colette Quinn and jayrh lose all their money
  • By Tom Winnifrith
  • 30 October 2026, 17:48
Bearcast
Tom Winnifrith bearcast: meeting up with my goat milking teacher
  • By Tom Winnifrith
  • 30 October 2026, 16:18
EMAN
Everyman Media – General Meeting result means it’s another AIM cancellation ahoy…
  • By Steve Moore
  • 30 October 2026, 14:43
CRU
Coral Products – good news travels fast and bad news is delayed…
  • By Steve Moore
  • 30 October 2026, 10:49
Bear
Video: gold to fall to $3,100 but the long term bull case
  • By Tom Winnifrith
  • 30 October 2026, 10:39
OPTI
Optibiotix – when you start making up telephone numbers, I call total bullshit
  • By Tom Winnifrith
  • 30 October 2026, 09:54
Beggar
Nuburu - delisting deferred (for now)
  • By Tom Winnifrith
  • 30 October 2026, 09:12
BTC
London Bitcoin - time to fess up, interims imminent
  • By Tom Winnifrith
  • 30 October 2026, 09:00
VLRM
Bet the ranch on a short, win a Greek Hovel Holiday – entry No 12: Tom Winnifrith On Valereum and 2 others
  • By Tom Winnifrith
  • 30 October 2026, 08:25
PRD
GOTCHA! Predator Oil & Gas, the duster in the desert
  • By Tom Winnifrith
  • 30 October 2026, 08:23
GEX
Bet the ranch on a short, win a Greek Hovel Holiday – entry No 11: Seadoc (again) on Georgina Energy (again)
  • By Tom Winnifrith
  • 30 October 2026, 08:19