UK 21:44 Monday, 21 September 2026
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Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


NEW

Confessions of a forward seller; how AIM corrupts ordinary private investors - ref New World

At the start of the New World Oil & Gas (NEW) forward selling fiasco Liam was cited as being one of the “innocent” forward sellers, who “accidentally” got himself embroiled in this mess. In fact, Liam was the primary example used to paint a human face on perhaps one of the most reckless market acts ever witnessed on AIM. Unfortunately for those who chose Liam as the forward sellers’ poster-boy, he has not behaved well. Posting under the username “Awkward Turtle” across social media, Liam is quite removed from being an “ordinary” private investor. Mr Turtle, as it is perhaps more appropriate to call Liam, is a small, yet revealing, part of something far more sinister and well coordinated.

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Comments

  1. Oops.

    You can feeeeeeel the panic in his message.

    His time is nearly up.

    Lols.

  2. Good exposure Ben …………… I for one would like to trade Aim on movements caused by fundamental news instead of ceaseless ramps followed by dumping and unwinding lasting as much as a week to a year in duration . Some people are making huge money from the new and exploitable investor . Unfortunately the exploited learn the tricks and eventually become the exploiters . We need to break the cycle.


  3. DUCK AND DIVE

    There isn’t enough here to lynch Mr Turtle, imho.


  4. Gary Newman

    Wildrides,
    Same for me and why I’ve moved away from AIM over the last 18 months or so, as those that actually get good news rarely enjoy any sort of lasting rise. A lot of the shares having good rises are junk that get hyped on some amazing news that is supposed to be coming, which rarely ever turns out to be as good as the hype and are often perfectly picked for a pump due to their low liquidity and fact that there could be news (even when there often isn’t!). If you were to look at all the shares being pumped on Twitter and the forums 3-6 months back I doubt many of them are performing all that well now – which for me is an indication of how good (or bad) those companies were in reality!
    When it comes to forward selling, although I’m not a fan and think it should be banned, whilst it is still legal I accept that some people make their money in this way, but personally I just tend to avoid those shares where flipping is going on, unless it is just a quick trade off the back of it.
    Unfortunately with NEW the company was total junk anyway (still is!), and barring a squeeze it was screwed and in need of funding, so had nothing else there to back up any sort of real value – certainly not the levels the SP rose to. I still can’t believe people were stupid enough to be buying at crazy highs – hence my sell recommendation at 0.65p and get out whilst you could!

  5. Mt Turtle is equally manipulative of many stocks that you at ShareProphets do not seem to have the heart to criticise. RRR being one of them.

    Mr Turtle was a huge ramper of RRR when certain ‘high net worth individuals’ got stock in a placement a short while ago.

    Funnily enough Mr Turtle was all ‘great news coming, this is going to explode’ blah blah blah – and the SP has done nothing much but go down since, with the exception of the ramping spike when i assume those High Net Worth individuals got out and left the pillocks and noobs holding the worthless confetti.

    Tell me Ben – why doesn’t ShareProphets look harder at the likes of RRR? You’d have a field day.

    Or is there something else that we don’t know, a reason why?

  6. Troyska, this is a great point and I would love for somebody at this website to provide an answer.

    How the actions at RRR towards shareholders have, and continue to, escape the radar of this website I will never know. I appreciate there isn’t the time to cover everybody, but unfortunately it only adds fuel to the fire of the allegations made by other bloggers regarding selectivity of targets here.

    When Mr Turtle began involvement with RRR, at the same time official RNS’ were telling holders that there were new, committed investors coming on board. What utter piffle.

  7. Troyska and LE, I have mentioned this before regards RRR for a good 12 months or more for this site to investigate, or highlight Mr Bell’s destruction of shareholder value………but it never happens……even though this site is the bee’s knees……….RRR seem untouchable………for reasons unknown


  8. Gary Newman

    LE/Troyska,
    It is one that I’ve considered but never saw much point covering – I am not a fan of the company at all and certainly wouldn’t be advising anyone to buy, but by the same token I’m not sure it is really a sell either at these levels as most will have lost such a big chunk of their original investment that it would hardly be worth selling now for the pittance they would have left.
    I remember selling at around 17p in late 2010, was only off a quick trade though, and has certainly dropped an awful lot from those days!

    The problem with AIM is that there is so much junk on it these days that you can’t cover all the bad ones – and a lot of the time doing so doesn’t really serve much purpose unless there is some wrong-doing (aside from destroying shareholder value!).

    Just my view of course and think you’d have to be mad to put a penny in RRR these days!

  9. Folks

    All the writers here are 100 free to write whatever they want. If anyone wants to stick it to Bell and RR ( or Regency Mines or Greatland where he is – I think – a NED and which has been a total dog) they can do just that. We wont stop them.

    Equally I will not – and cannot – instruct anyone to have a pop.

    Would I buy RRR? No. steve & I are not tipping any mining stocks right now. Strikes me that all are dead money pro tem although there is a case for having some physical.

    will i devote hours to researching RRR in order t say something new and which has not been said before because an awful lot has been said before in all sorts of places. What is its market cap? Sod all. What is more interesting for me as a writer? That or Greece, China, Quindell, nailing Rosslyn or Jiasen perhaps.

    This site is about liberty – no one tells its writers what to write about or what to say. And i am no different to the other writers in that regard.

    Has AB covered himself in glory at RRR? Clearly no. But was he a hero over Horse Hill, fighting off Lenigas threats to give a counter view? Yes. As a journalist that is my balanced view

    T


  10. Pain Au Chocolat

    After todays shocker of an RRR RNS you may wish to reconsider having a closer look at Andrew Bell and his Quindellesque croney equity swaps. The destruction of shareholder value has now reached a proportion which surely merits further investigation. AIM at its very worst.

Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Monday »

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EXPOSE: Amazing AI – Companies Act contraventions undertaken by Paul Mathieson
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Sunday »

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Tom Winnifrith bearcast: explaining balance sheets to a Skins owning lunatic
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Top-10
Notes from Underground – Most read articles for the week ending September 20
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The View From The Montana Log-Cabin As Gold Firms In Response To Fed Hike
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The ShareProphets Sunday Pub Quiz #364
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Sunday Long Reads: Lucy Letby, Paul Smith, American Age, Mining Guam, Montessori Ponzi
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Visual Aid: The Top 10 Sectors for Foreign Investment in 2026
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Saturday »

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Tom, Winnifrith Bearcast: hope and despair
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Boohoo Group – emphasises “turnaround continues at pace”, but how materially compared to the valuation already?
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'The Takeover 12' Great British Takeover stakes competition leading picks performance update – some improvement...
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Friday »

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Tom Winnifrith Bearcast: the Sydney Sweeney row with the Mrs and daughter 2
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TEK
Evil Banksta weighs in on TekCapital after today’s spooftastic RNS
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SBTX
Good news travels fast but bad news….the case of Skinbiotherapeutics
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MTC
Mothercare: the end is nigh, don’t blame Trump, I told y’all eons ago
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EXPOSE: Nuburu shares in a slump post relisting on American Stock Exchange and latest accounts contain a material error
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Reinvesting my Satsuma Winnings
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Tribal Group – “Proposed Acquisition by Main Capital Partners” provides us with another share tip winner
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Boom
EXPOSE: Paul Mathieson and the strike off: you might think that, I could not possibly comment
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Thursday »

MCB
McBride – having argued earlier this week “transformational future growth”, now CFO “Sale of Shares”!…
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Tom Winnifrith Bearcast: Hang on for the PS in the podcast
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EXPOSE: Stephen Kelly’s CV – why the Cirata boss has to go and its not just the SEC investigated stock options scandal
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Insig AI – “pleased to announce… results for the year ended 31 March 2026”, why then not announced until now?…
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Optibiotix Interims – get your cheque book ready Adam
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Video: Rigged Markets, Why The Real Bubble Is In Government Bonds & Revaluing Gold
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AB Dynamics – “performance for FY2026 is expected to be in line with the guidance”, not the initial guidance though!…
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CRTA
Cirata letter to FCA & AIM Regulation: was bad news suppressed ahead of fund raise? I bet it was!
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PAF
Pan African Resources – full-year results, a winning share tip still Buy
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TW does not understand the science and maths at Avacta so what do Evil Banksta and Jim Mellon say?
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Wednesday »

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Tom Winnifrith Bearcast: Joshua turns 10, congenital idiots turn on me and a victory lap as Cirata crashes, the FCA should be all over this
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WH Smith – argues “solid peak trading”, but how ‘solid’ really?…
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Avacta: it’s a spoof says Evil Banksta add to shorts into the share price spike
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ADF
Facilities by ADF – interims emphasise its “strength”, so a trading warning (natch!)…
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BREAKING: Farewell Oak Securities hello Crest Corporate Brokers, oily Jerry Keen & team jump ship
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Writing to Bluebird Mining Ventures & the FCA as the company tries to steal my warrants
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CT Automotive – interims emphasise “revenue increased”, but what about the bottom-line?…
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BRES
GOTCHA: Blencowe’s Ralston axed after my FCA intervention and loses options but the company is still talking shit
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Tuesday »

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Alumasc – full-year results, a “resilient performance” and a “positive start” to this year?
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Expose: Africa Bitcoin Corporation and Guild Advisory: no prizes for due diligence here!
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Tom Winnifrith bearcast: Crime pays
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AML
A stock to short from Sharestock
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SCGL
EXPOSE: Sealand Capital Galaxy Limited – HK/Cayman deal – utter nonsense on stilts
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DATA
GlobalData – a ‘plan’ “to drive long-term value creation”… with a profit warning having argued earlier this year “Primed for Growth in AI Age”!
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BRES
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UJO
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