UK 01:45 Tuesday, 22 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
My pal Waz Shakoor has posted a precis of why he has gone short of Audioboom (BOOM) over on TMF. As ever his research is detailed and interesting. The Great Waz writes of a company which at 11.5p is valued at £62 million on the AIM Casino:
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
RPC
I think you’ve missed a trick on BOOM, Tom. Their business model makes Soundcloud’s look like kindergarten stuff.
Boom is building a premium content led, revenue-generating model from scratch, and growing its subscriber base on the back of premium content.
The likes of Soundcloud build a freebie user base and then sit back and scratch their heads about such “small” issues as oops, what about licensing? And, how do we generate revenue?
Boom’s bisiness model has built-in revenue generating capacity.
Anyway, I’m a bit peed off as your bearcast has contributed to a bear raid on BOOM (playing right in to MMs hands as they’ve been short of shares for a while, now) and has totally failed to comprehend the uniqueness of the Premium content led business model that underlies BOOM’s strategy.
You’ll catch up – one of these days, Tom.
But only timne will tell whether you or I called it right.
Meanwhile, keep up your Sherriff of Aim job exposing frauds.
I just think you’ve got it badly wrong with BOOM.
Don’t let your bearishness go to your head.
Forty Two
All links broken (to me at least) apart from the last one…
RPC
Just realised that your above article is a c & p.
Bad form, Tom, to make it appear that it was your original thinking in response to BOOM’s RNS of today, when it’s a regurgitation of an out of date opinion from your mate, Waz, who has a short position in BOOM.
The use of quotation marks could have clarified where your intro words ended and your Wazzy mate’s started, but you chose not to use them.
Deliberately misleading, imo, just like those deliberately misleading RNSs you like to bang on about.
I’m beginning to wonder whether you are no better than the oleaginous creeps on AIM that you seek to expose.
James
SocialGo started with all the same fluff and look what happened there, went bust on AIM and burnt through millions of cash. Have seen some positive Audioboom press but having Googled it I agree, can’t see any big growth so far. Soundlcloud is so good too.