> All the big AIM fraud exposés
> 300 articles and podcasts a month
> Hot share tips
> Original investigations by our experienced team
> No ads, no click-bait, no auto-play videos
One of the best things about being a Closet Chartist is the way that the cloak of anonymity allows you to make the kind of calls others may be too fearful to entertain. Such a “where angels fear to tread mentality” is certainly appropriate in the case of GCM Resources where there has been a near vertical rise for the stock through the 200 day moving average at 19p.
We will next week be publishing two new books on Amazon – one an old out of print but updated classic from the grandfather of share blogging Malcom Stacey and the other a new classic from top chartist Zak Mir. But you can obtain an advance copy for free. We also have a special report on unlocking the secret of how to trade Gulf Keystone from Zak.
S&U PLC (SUS), provider of home credit and motor finance throughout Britain, yesterday update the market that its trading was "in line with market expectations". With an improving economy, I had to ask myself whether or not this was discounted in the share price?
I have written some harsh things about Peter Redmond, the chairman of AIM Cesspit listed Leed Resources (LDP) and bought £7.50 worth of shares in his company to attend its AGM today to ask questions and push for his departure. But I guess I am now free to lunch at Maribelle’s instead, because Redmond has this morning announced that he will be standing down as chairman after the AGM with immediate effect. Before I crow, I should say he has, today, acted with honour.
Hello share panners: We are only a couple of months away from the share-shifter's most important date of the year – and we should shart to get ready for it now.
Even hedge fund genius Crispin Odey, who knows a thing or two about the financial markets, is happy to admit that one of his trading / investing triggers is the higher low to go long. Could Serabi Gold, therefore, be an attractive target for the multi billion asset manager’s attention?
Middle aged chartist Zak Mir apparently tweeted out on Tuesday that Amedeo Resources looked to be a buy at 0.82p – the price then. The target was 1.2p. This seemed ambitious, but, of course, with the stock having hit 3p plus within hours of the bull call, the cat is among the pigeons and we are forced to reassess the charting position here.
Unlike some we could mention we have never bought twitter followers nor do we follow folk just to get a follow back. @shareprophets follows no-one, not even @tomwinnifrith – and yet, in eight months, we appear to have accumulated 1,137 folks who follow us on twitter to keep tabs on what we write. Why not join them and win a prize.
In the final part of this week’s Top 6 AIM stocks to buy, the Closet Chartist selects IGas Energy and Victoria Oil & Gas
Pawnbroker Albermale and Bond (ABM) ran into trouble last year, after expanding too quickly when the gold price was rising in 2012. Increased competition and a falling gold price has bought the company to its knees and the share price has collapsed to 10p valuing the whole company at a little over £5 million.
In the second instalment of this week’s Top 6 AIM stocks to buy, the Closet Chartist recommends Blinkx and Coms.
The Closet Chartist returns with six more AIM stocks to buy this week.
The first of his picks are Amerisur and ASOS.
Following the December acquisition of Siriusware Inc, technology solutions provider to the global attractions and leisure industry accesso (ACSO) has announced a three year agreement with Holiday World & Splashin' Safari representing the first integration between the accesso ‘Passport’ eCommerce platform and Siriusware ‘Salespoint’ solution currently operating for both the theme park and water park. Is the positive operational momentum here though already priced in?
I tipped this stock on my Nifty Fifty website I run with Steve Moore on Monday at a 0.19p offer price. The shares are now 0.19-0.21p and are nothing if not volatile.
The U.S. Comex gold futures kicked off the year with a 3.14% gain during January. The prices fell 1.91% last week after rising for five consecutive weeks. This week, the gold futures rebounded 0.89% albeit with some volatilities as equities have rebounded on Tuesday. After falling for three weeks and declining five percent year-to-date, the S&P 500 Index plunged 2.28% on Monday but rebounded 0.76% on Tuesday.
This morning I noted Hargreaves Lansdown’s ebullient interim report. The headlines are pretty impressive. These include record revenue (up 13% to £158.4m), record before tax profit (up 11% to £104.1m) and total assets under administration up to £43.4billion (up 43%). However, it was the growth in active client numbers, which really caught my attention. The company now has 584,000 of these, an increase of 77,000 since June 30th last year (another record number).
Michael Kosowan has worked for Rick Rule of Sprott Global Resource Investments Ltd. for thirteen years. Below is a speech he recently gave to Cambridge House in Vancouver, warning of a pending “bonfire” in junior gold exploration plays. This is a must read for anyone with money in this sector.
Hello Share Movers: One of my special New Year tips for this site began well, but has fallen away a bit over the last few weeks. It's always embarrassing when that happens. But it's not unexpected.
Manufacturer of proprietary plastics products for niche markets, Plastics Capital (PLA) has updated that it “continues to trade broadly in line with market expectations” and that, looking ahead, it “anticipate(s) a year of significant progress”. However, with the shares - at 133p - having made further progress since my last update does the risk/reward here continue to look favourable to the long tack?
The following companies have pulled advertising from this website because of Bulletin Board jihadists who deny our right to expose fraud, stock promotion – our right to free speech.
Search ShareProphets |
Stock market news |
Complete Coverage |
Recent Comments |
Site by Everywhen