Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
Earlier today Nigel Somerville and Tom Winnifrith demonstrated quite clearly (HERE) why Camkids (CAMK) has committed accounting fraud and why the statement of yesterday just does not add up. We have been saying that this company is a fraud for months and months and that is now clear to all. Now it is time for Nomad Allenby to show principle and quit on the spot and if it is so desperate for fees that it will not for AIM Regulation to force a suspension. We explain why in this open letter:
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Comments
Jeremy
The best advice I can give is NEVER invest in any company that has Allenby Capital as a NOMAD;whilst it is possible that the odd company represented by this outfit is a decent company,suggestions welcome as I can’t recall finding one,the overwhelming majority are total dogs from beginning to…….Just check them!
I have not the slightest doubt they will continue to represent until the money to pay “professional” fees runs out.Don’t waste your time looking for ethical standards.
wildrides
The French twat in charge of LSE is the ultimate cause of the worlds most shameful stock market………..the result of which we see played out with the mass slaughter of yet more investors in this particular company . This French idiot is making a mockery of English prudence and justice . He must go and he must go soon , by any means possible . Seldom or never in the history of UK trade has such profoundly damaging episode played out with the worlds financial markets watching in jaw hanging disbelief at the in action and ineptitude displayed by the French idiot CEO of the LSE. A man so enraptured with light touch regulation that all trace of “executive” is redundant in his job title . One can only presume its a giant French plot to trash the UK financial reputation ……..very successfully .
Nigel Somerville
Wild – Ahhhh, so its all an EU conspiracy to wreck London as a financial centre! I get it now (snigger)