ShareProphets’ favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com, has been very bullish on Gold for a while. His short term view has been that gold is in a correction but that one should treat that as a great opportunity to get positioned for his long term view that a big rise is on the way. Well, it does start to look as though he is being vindicated.

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

Hello, Share Changers. As someone who owns shares in oil giants, like Shell (RDSB) BP (BP.) and Tullow (TLW) not to mention a few smaller plays, it hurts to write this modest article. But I really do fear that we may be looking at the beginning of the end for fossil fuels. While two economists at that huge bank J P Morgan have interesting related views on the subject. 

I start with a bit about the US election this November, the Trump economic and stockmarket bubble and when it will burst. It is a when not an if and in that vein I review stocks that could be utterly cratered when the mood music changes including Petra Diamonds (PDL), De La Rue (DLAR), Versarien (VRS) and other jam tomorrow overvalued jokes and NMC Health (NMC). And I suggesy how you start to prepare for the bubble bursting.

Whenever you buy a share which you view as a potential recovery play, you have to accept the risk that of them will do everything but actually recover, and if the situation worsens then it is time to cut your losses and sell.

Reach4Entertainment (R4E) has updated  we loyal shareholders with an opening ‘Highlight’; “Group expects to report full year adjusted EBITDA and revenue significantly ahead of market expectations”…

I fear that many readers will be too young and will not remember the Streets of San Francisco with Michael Douglas and Karl Malden. Please look it up on google, it was fabulous. But my reference is not to an era when cops could beat a confession out of a suspect rather than spend their working lives undergoing diversity training, but to one of my tips of the year, Big Sofa (BST).

On a daily basis, shareholders in Versarien (VRS) continue to make the most defamatory of allegations against myself and other critics. ADVFN (AFN) occasionally removes a post but seems reluctant to ban these halfwits defaming in defence of a fraud, so they just reoffend.

An article has today appeared in the Russian press and has now been picked up on Bulletin Boards. It is damning evidence that Eurasia Mining (EUA) is itself the source of rumours that created a disorderly market and share suspension.  How on earth can the FCA and the Oxymorons at AIM Regulation tolerate this? Surely a statement on various rumours detailed HERE, is needed now. The sixth and critical paragraph of the article with my underline and using google translate is below.

NMC Health has updated once again over the shareholdings fiasco surrounding former chairman and founder, the good Dr Shetty, Mr Khaleefa Butti Omair Al Muhairi ("Khaleefa Bin Butti") and His Excellency Mr Saeed Mohamed Butti Mohamed Khalfan Al Qebaisi ("H.E. Saeed Bin Butti"). Today’s disclosures are again shocking and continue to show that TR-1s are for little people.

I last published an update about Wellesley Finance Plc on 7 January 2020 discussing the dire results for the year ended 31 December 2018.  The results of the Wellesley Group Investors Limited, the ultimate parent, for the year ended 31 December 2018 are now 4 and half months overdue so we cant evaluate how the whole group is performing. But there are yet more red flags now fluttering. the only thing we cannot say is when the car crash will happen.

Spend management software and services company Proactis (PHD) has updated including commencing “the group's announcement on 29 April 2019 outlined a revised strategy that included improving the rates of winning new customers and the retention of existing customers. Since then, the group has restructured its operations and the board is encouraged to be able to report that the group has delivered well against this strategy during the six-month period to 31 January 2020” – and the shares have responded to 48p, 20% higher, though still well down from more than 100p even less than a year ago…

Hello Share Nudgers. When I heard the financial news on Radio Four my heart sank. I hold a lot of shares in Lloyds Banking Group (LLOY) and the latest full-year results showed a third drop on last time’s profits. But as so often happens, the share price actually rose – by about 3%...

I suspect that ShareProphets readers already know the answer: that the news is really not all that great and thus it looks like a ramparoonie of the first order! Surely it could not be placing ahoy, could it?

In today's podcast I look aty one theory about the past 48 hourse at Great Western Mining (GWMO). i shall be asking the FCA to investigate. I pass on a rumour about Zenith Energy (ZEN) which, if true, will rapidly accelerate its already inevitable demise and I explain why directors of Dev Clever (DEV) should be in jail. Hell's teeth, Dev's year end is November 30 not December 31 as I thought, making this case of securities fraud even worse than I describe in the bearcast. Lock em up starting with boss Chris Jeffries. Again I shall be contacting the FCA.  I also look at NMC Health (NMC) and Novacyt (NCYT). Now that we are at 5 rogue bloggers for Woodlarks, with more rogue bloggers gto be announced soon, surely all listeners can spare a tenner to donate HERE

Recruitment and training company Staffline (STAF) has announced CEO Chris Pullen has “tendered his resignation to the board”. It seeks to reassure that he will “continue… during his notice period in order to facilitate an orderly succession and maintain business continuity”, that “the board's outlook for 2020 remains unchanged” and that it “expects to reach agreement with respect to revised terms that will remove the risk of covenant issues and ensure that the company retains sufficient liquidity headroom”. The shares are though still lower, below 45p…

Previously writing on bathroom and kitchen products company Norcros (NXR), in October I reviewed how’s ‘play it safe and bank the gain here. Sell’ looking approaching a year on? – concluding suggesting increasing difficulties with a reliance on winning market share. Meanwhile, acquisitions still bring greater elements of risk. Thus, whilst at a current circa 220p the shares look cheap, I currently remain on the sidelines here. The shares last closed at 291p but are currently sliding on a “Trading update and impact of the Coronavirus”…

Nine days ago shares in Eurasia Mining (EUA), having rocketed to 7.3p were suspended following “social media” comments which we revealed to be a suggestion that after months of promising to sign an engagement letter with Chinese bank CITIC, that it had signed and was well on the way to making massive disposals. Since then amid a lack of news there has been nothing and he rumour mill is in overdrive. A statement on some of the rumours is needed now as some investors fear they may lose everything while others consider how many Porsches they will be buyng. So what are the rumours?

Fully-listed Egyptian gold producer Centamin (CEY) was one of my tips of the year and my first target was 150p. With the shares now at 145.5p and with a rising gold price I thought it was time for an update.

Too many corporate updates of interest out today, but a review of three which particularly talked to me…