UK 17:05 Saturday, 7 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: The author has a short position in one or more of the shares 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.
Since Tungsten Corporation’s (TUNG) share price peaked around 400p just over a year ago, prompting its then boss, Edi Truell to brag about the £400 millionn Market cap at the AGM, the market retribution has been savage and unrelenting. The shares are down over ninety percent and that’s after raising a further £30mn in the markets. (Memo to CEOs out there: Never brag about your shareprice)
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Comments
Bobby Chariot
That uber ramper K3VMC of MONI/QPP fame is long on this stock, that’s good enough reason for me to short the shit out of it.
He’s either paid to ramp these dogs or incredibly stupid (and poor).
alcira16247
Sound advise, Sir!
Despite the unfounded confidence from the BBM’s bulls, that the shortly to be released trading statement will lead to a upward surge in the share price, most analyst’s view Tungsten business model with suspicion and its vocal uber confident ramping leader, Edi Truell, as a busted flush.
It remains a mystery how Tungsten ever achieved the status if did, for on scraping away the hype and froth, its basic business is nothing more than that of commercial factoring, a hugely overcrowded competitive market, with at least 600 companies within Europe offering similar services.
The companies frequent boasts of employing and developing transformative disruptive technologies and unique seamless processes etc etc……..wording, very reminiscent of that used in statements released from now other totally discredited businesses, must lead prudent investors to leave this stock well alone!
You, Tom and Matt Earl have called this one right and all the evidence continues to support the Bears case that further falls lie ahead!
P.S.
100% with you there, Bobby!