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.
Strangely as the bitcoin price has rallied the bitcoin in treasury spoof f bubble is not reinflating. Satsuma (SATS) shares are down by 98% since peak ramp c/o the Bixby Edwards gang and self proclaimed guru, the greedy CEO Henry Elder but is there an end of tunnel in sight. The old management hade largely been axed but still some discredited ancient regime troughers such as chairman Ranald McGregor-Smith stay on. Even after cutting costs the annualised cost base is still a grotesque £2.7 million.
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